<Overall Database Market>
Compared to the previous year, the overall database market is estimated to increase 7.3% in 2016. It is estimated that the database market will increase by 6~7% annually until 2019. In the future, it is estimated that the market will reach approximately 52 trillion won (exchange rate of 1,200 won) or 43,693 million dollars.
<NoSQL Database Market>
According to DB-Engines ranking, the NoSQL database market predicts that the DBMS products popularity will form approximately 10% of the market. As a result of the majority of the product family in open source being free, there is a gap between the popularity and the actual market share. The NoSQL database market is estimated to increase 35.1% annually until 2020.
★<Graph Database Market>
Currently, Graph Database is expected to make up around 3% of the NoSQL market and the market size is anticipated to be around 227 trillion won (exchange rate of 1,200 won) or 27 million dollars. We predict that Graph Database will achieve the highest rate of annual growth estimated to be 40.8%.
[Reference] IDC (2015)
BITNINE GLOBAL INC., THE COMPANY SPECIALIZING IN GRAPH DATABASE
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