Global Columnar Databases Software Market Overview:
Columnar databases software automates the storage of data by columns rather than in rows as columnar databases can help in accessing and aggregating data more easily. The software for columnar databases makes the operations faster and more efficient for analytical queries. It is commonly used in data warehoused to handle, manage, and process the huge volume of data from multiple sources. This software supports document creation, updating, editing, retrieval via query, and deletion of information.
Growth Drivers
- Need for Enhanced Performance and Efficiency in Managing the Columnar Databases
- Demand for Automation in Reading the Data at Lesser Time Effectively
Market Trends
- Increasing Usage of Columnar Databases Software in Large Size Enterprises
Roadblocks
- Problems with the Incremental Data Loading of Columnar Databases
Opportunities
- Growing Number of Companies with a Large Amount of Data in Various Sector will Boost the Columnar Databases Software Market
Challenges
- Technical Problems with the Columnar Databases Software
Competitive Landscape:
Some of the key players profiled in the report are Apache Software Foundation (United States), Amazon Redshift (United States), Snowflake Inc. (United States), Google BigQuery (United States), Greenplum (Dell) (United States), MariaDB Corporation (United States), Azure Cosmos DB (United States), Yandex Technologies (Russia), Exasol (Germany) and Solix Technologies (India). Considering Market by Pricing Option, the sub-segment i.e. Subscription-based will boost the Columnar Databases Software market. Considering Market by Platform, the sub-segment i.e. Windows will boost the Columnar Databases Software market. Considering Market by Deployment, the sub-segment i.e. Cloud-based will boost the Columnar Databases Software market.
On 24th June 2020, MariaDB Corporation announced the general availability of MariaDB Community Server 10.5, a major new release that brings high-performance analytics to the hands of millions using the popular open-source database. In a push to mainstream analytics and to make it as popular as MariaDB’s transactional engine, the company added a new, native columnar storage engine to the community database server and a new, native MariaDB Python Connector and Microsoft Power BI integration.
What Can be Explored with the Columnar Databases Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Columnar Databases Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Columnar Databases Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Columnar Databases Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Columnar Databases Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Columnar Databases Software Providers, Columnar Databases Software Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.