Will MongoDB Be a Trillion-Dollar Stock by 2050?

The database management software maker could still have plenty of room to grow. A niche player in organizing databases MongoDB only controls a low-single-digit slice of the global database market, which IDC expects to expand at a compound annual growth rate (CAGR) of 14% from 2023 to 2027. However, the secular growth of the generative AI market could accelerate that expansion and drive more companies to upgrade their database management services. But like many other cloud-based software companies, MongoDB c ...