MongoDB Competitors, Similar Companies and Alternatives in 2023

Database management custom software & IT service has experienced escalated competition over the past 2-3 years in the USA. With a couple more companies and brands amassing leads and engaging online and onsite transactions, top technology companies rise to the occasion of demand.

MongoDB Inc. is one of the top technology companies – standing up to; Microsoft, Google, IBM, Amazon, and others in the Database software & IT service niche.

NAME	MongoDB
FOUNDED	2007
HEADQUARTERS	NYC (US); Dublin (International)
SIC CODE	7372
STATUS	An offshoot of DoubleClick®
INDUSTRY SECTOR	Database technology
EMPLOYEES	3,544
TRADING SYMBOL	NASDAQ: MDB

How MongoDB makes money

Database Management Software Industry

MongoDB offers mainstream software technology services to top companies and businesses like; eBay, MetLife, EA, Aadhar, and Shutterfly (to mention a few). The company uses NoSQL (No Structure Queried Language) to organize and store data for these companies. This helps to generate direct service fees as charges that remit into income accounts for the company.

General Technology Industry

A special ‘Add-on’ service as an additional item offered to customers of primary products or services MongoDB partners within the development.

Companies Similar to MongoDB 

Similar companies and the biggest rivals to MongoDB are Microsoft Access, MySQL, Knack, Oracle, IBM, AWS, Google, Couchbase, and Cloudera.

Database Management for more businesses in the US with large-scale data pooled from transactional data (inputs and throughputs) expanded the market for MongoDB and competitors. Thanks to database management (DBM) software service companies for devising computer-automated tools to store, organize and analyze data.

Companies like Microsoft, IBM, and Google have gained a larger market share of database technology among the US-owned database technology companies. This derives from the sustainability maintained, credibility, and trust accredited to these top companies. Let’s discuss MongoDB competitors in more detail. 

Market Share for MongoDB Top Competitor Technologies

Database management systems (DBMS) revenues totaled $65 billion for the IT Service sector in 2020. It grew from 54 billion US dollars in the previous year. MongoDB’s annual revenue in 2020 was $0.422 Billion US dollars. That was a 57.94% increase from that of 2019. 

Total trade volume registered among competitor brands relative to MongoDB’s business sector comparing factors in market attractiveness reveals a close market cap of competitors’ market share and MongoDB’s, differing by 3-8% within three years.

The market share information shared below has been leveraged on market attractiveness – SWOT & PESTLE – and market entry strategies used by the highlighted software company brands for 2022. 

1. Microsoft SQL Server   – 15.71% (Companies using – 34,651)
2. MySQL – 15.41% (Companies using – 33,996)
3. Microsoft Access – 11.15% (Companies using – 24,599)
4. PostgreSQL – 8.32% (Companies using – 18,347)
5. MongoDB – 5.66% (Companies using – 12,492) 

Figure 1. Top DB Technology Market share as of Jan.2022 – https://www.datanyze.com/market-share/databases-272 

Microsoft SQL Server (Microsoft)

Microsoft SQL Server, which also powers Azure SQL Database, is similar to MongoDB in DBMS transactional service. MongoDB offers a NoSQL database management service whereby Microsoft SQL Server provides relational database management (RDBMS); their common features include fast responses, record tracks, and optimum data storage for huge databases. Capacity comes in a more advanced technique of handling more data with dynamic schema features. The Microsoft SQL Server Pro is developed to work much similarly to MongoDB. It helps DBAs and BI professionals to derive more out of SQL servers.

Similarities between Microsoft SQL Server and MongoDB

• Scalability – both are easily scalable. Microsoft SQL Server works on almost similar peculiar sizes of data and observations
• In-memory capacity – both have close memory capacities for database management
• They are both durable

Annual Revenue	Funding	Headquarters	EMPLOYEES
~ $5 billion (from SQL Server only)The total revenue is about $193 billion	Undisclosed	Redmond, Washington	181 000 (the total number of Microsoft’s employees)

MySQL

MySQL is also an SQL IT firm developing open-source database software solutions. This company has been way ahead in operation before MongoDB – was established in 1995. Oracle Corporation has acquired it. Like MongoDB, MySQL allows businesses/companies to access, distribute, and modify data in open-source cloud-native applications. Other alternatives/competitors include; Couchbase, Percona, OrientDB, MongoDB, Clustrix, MariaDB, and a few.

MySQL is one technology software used by small-to-medium-sized companies (based on revenue) as much as MongoDB.

Common features of MongoDB and MySQL

What is common to MySQL and MongoDB is the open-source access to individuals and organizations to distribute, modify or deploy cloud-native applications, for example. Moreover, developers for both systems created these as open-source databases, where code is free for anyone to use and distribute. 

Annual Revenue	Funding	Headquarters	EMPLOYEES
$15-25 Million	$37.9 Million	Austin, Texas	250-500

Microsoft Access

Microsoft Access is one of Microsoft Corporation’s suites pitched for relational database management (RDBM) with a graphical user interface that allows non-developers to access some programming language features and tools. This software uses a relational Access Database Engine (ADE) for enterprise-level databases to manipulate, analyze, store and report data locally.

The software operates storage and data handling features in a capacity close to MongoDB’s. Visual Basic supports Microsoft Access for Applications – an object-based programming language that can reference various arrayed objects, including the legacy (Data Access Objects) DAO and ActiveX Data Objects. It is used by companies like; The Durst Organization Inc., MWW Group LLC, Federal Emergency Management Agency, etc., all located in the US.

Similarities between Microsoft access and MongoDB

• Both operate Spatial DBMS modes (less in Microsoft Access, though)
• The implementation language for both is C++
• Both are durable for large databases

Annual Revenue	Funding	Headquarters	EMPLOYEES
$ 5-10 Million	Undisclosed	Redmond, Washington	181 000 (the total number of Microsoft’s employees)

PostgreSQL

PostgreSQL is a database software service originally developed by Michael Stonebraker (a science professor at Berkeley) in 1986. The project was a follow-up on an antecedent INGRES which was an open-source SQL RDBMS project. The project Kickstarter was POSTGRES in the early 1970s. PostgreSQL is owned by an unincorporated association of volunteers and companies who share code and contribute to the software repository under the PostgreSQL License.

MongoDB is known to drive the market for PostgreSQL as a NoSQL (BSON – JSON-like) database management software that goes in a pair with PostgreSQL. While MongoDB manages document databases, Postgres as an SQL software manages relational databases.

The similarity between PostgreSQL and MongoDB

• Both are common examples of the open-source databases used by organizations today

Annual Revenue	Funding	Headquarters	EMPLOYEES
$11 Million	N/A	New York City, USA	76

Conclusion

MongoDB’s strongest competitor, according to the analysis of the competitors evaluated above, can be Microsoft SQL Server together with Oracle’s MySQL, both being major market domain shareholders.

Although some top organizations still record databases in document formats, MySQL has provided an optimum tabular relational format for ease of access. This format has afforded a cross from the JSON-like format to SQL alternatives like MySQL (one of the cheapest among alternatives).

Microsoft SQL Server and Server Pro have a strong stakeholder funding that backs it up for a premium service advantage and subscription-friendly terms for most companies that use the database software.