Research Methodology – NoSQL Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the NoSQL Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the NoSQL Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- The total revenue generated by all companies providing NoSQL technologies and related services.
- The number of active users and subscriptions to NoSQL databases to understand the market reach.
- Geographical distribution of the NoSQL market which includes both emerging and mature markets.
- Market penetration of NoSQL technologies in different industry sectors such as Banking, IT, Retail, Healthcare etc.
- Value chain and supply chain analysis capable of affecting the market size during the forecast period.
- The entry of new competitors or the acquisition of companies within the same market.
Key Market Indicators
- The annual growth rate in the total revenue generated by all companies providing NoSQL technologies.
- Annual growth rate in the number of subscriptions to NoSQL databases.
- Current and future market trends impacting the industry and how these trends impact the NoSQL market.
- Yearly increase in the usage of NoSQL databases among various sectors.
- Analysis of new product developments, mergers and acquisitions, and other competitive strategies in the NoSQL market.
Growth Trends
- Increase in the adoption of NoSQL databases due to big data explosion and increasing business data complexity.
- Growth of NoSQL database technologies in cloud computing platform.
- Rise in the use of real-time applications demanding high performance and lower latency which NoSQL provides.
- Increase in adoption of internet-of-things (IoT) leading to growth in unstructured and semi-structured data, thereby propelling the need for NoSQL solutions.
- A shift from traditional RDBMS to NoSQL databases in organizations for better scalability, flexibility, and analytic functionalities.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the NoSQL Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the NoSQL Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights