NoSQL databases were developed to handle large volumes of data and optimize for read/write operations better than relational databases. Popular NoSQL databases include MongoDB, Cassandra, Redis, and Neo4j. MongoDB is a document database where data is stored in collections as documents with dynamic schemas. Redis is an in-memory key-value store that also supports data structures like lists, sets, and hashes. Both MongoDB and Redis can scale horizontally and offer high availability through replication.