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Will Mongo DB gain Oracle's market share in next 3 years?

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Predicting whether MongoDB will significantly gain Oracle’s market share in the next three years depends on multiple factors, including market trends, technological advancements, and customer preferences. Here’s a detailed analysis: Shift Toward Open-Source and Flexibility:MongoDB, as...
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Predicting whether MongoDB will significantly gain Oracle’s market share in the next three years depends on multiple factors, including market trends, technological advancements, and customer preferences. Here’s a detailed analysis:

  1. Shift Toward Open-Source and Flexibility:
    MongoDB, as a NoSQL database, is well-suited for modern, scalable applications. Its open-source origins and flexibility make it a preferred choice for startups and companies building microservices, cloud-native, and real-time applications.

  2. Cloud Adoption:
    MongoDB’s managed cloud database service, MongoDB Atlas, has seen robust adoption. With organizations migrating to cloud platforms, MongoDB aligns well with this trend, whereas Oracle has a stronger legacy in on-premise setups.

  3. Developer-Friendly Features:
    MongoDB’s document-based model appeals to developers for its ease of use, schema flexibility, and integration with modern programming languages. It’s becoming increasingly popular in fast-growing sectors like e-commerce, IoT, and AI applications.

  4. Cost Efficiency:
    MongoDB often offers a more cost-effective solution for certain workloads compared to Oracle, which is notorious for its complex and expensive licensing structure.

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