London, 03 September 2014 – TechNavio, a global tech-focused research firm has expanded its growing research library with a report on the Global Cloud-Based Database Market 2014-2018.
About Cloud-based Databases
A cloud-based database is suitable for organizations that require immediate access to database services with easy scalability options, low cost and low maintenance. Demand for Hadoop-based data management is growing rapidly because of its substantial benefits over traditional RDBMS.
This open source software is developed by Apache Software Foundation for a distributed processing of large datasets across clusters of computers. The TechNavio report focuses on the phenomenal growth of the Global Cloud-based Database market at a CAGR of 62.1 percent over the forecast period.
Data is generated from various sources in increasing variety, which calls for advanced database solutions. This has led to an increase in the demand for cloud-based database management as it provides large and cost-effective data storage space. Some of the key vendors in the market include:
- Amazon Web Services Inc.
- Google Inc.
- IBM Corp.
- Microsoft Corp.
- Oracle Corp.
- Rackspace Hosting
- Salesforce.com
“Hadoop is capable of solving big data problems faced by organizations across the board, as it can be used in conjunction with multiply types of database. The growth in the use of Hadoop has been the dominant trend in the database market is expected to usher in huge transformations,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
- Market segmentation, size and forecast through 2018
- Key Geographies and Customer Segments
- Market Growth Drivers
- Market Challenges
- Market Trends
- Key Buying Criteria
- Key Vendors
https://www.technavio.com/%3Cp%3ETechNavio%20currently%20has%20more%20tha…
