Business & Finance

In-Memory Database Market Is Projected to Grow at a Substantial Rate by 2027

Press Release

MarketResearchReports.Biz announces addition of new report “In-Memory Database Market: Global Industry Analysis and Opportunity Assessment 2017-2027” to its database.

In-memory databases are faster than traditional databases which is a part of the computer main memory and need just fewer instructions to access the data for reading and writing. In-memory databases are primarily used in business analytics and big data management where there is need for fast data access and storage. Another advantage of in-memory database system is its application in real-time embedded systems which are highly resource constrained which require small memory and have low processor computational capabilities.

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Primary factor which benefit organizations through the use of in-memory database was the performance.

Market drivers & challenges:

Business analytics and Web-based transactions are the most important drivers for the global In-memory database market.The use of in-memory databases is increasing both among established users as well as new users.In-memory databases market is expected to witness great innovations in terms of technological advancements and increasing demand from different verticals using database software. Already in-memory database solutions are finding applications in every database warehousing and analytics application and is witnessing increasing adoption by private sector organizations as well as government organizations.

Database using in-memory processing delivers faster data-retrieval speeds, which attracts companies facing hardship with large size database transactions and management. The enhanced performance optimization and transformational business potential of in-memory database are expected to increase in demand for the technology. Other factors driving the demand for in-memory database management includes surge in big data, declining price of RAM which will result in replacement of physical storage of memory intensive architectures.

Global In-memory Database market: Segmentation

Global In-Memory Database Market is segmented based on the data type, application, vertical and region.

On the basis of the data type the global In-memory database market is segmented into relational data type, SQL, and NEWSQL.

On basis of application global In-memory Database market can be segmented to transaction, reporting and analytics.

On the basis of vertical global in-memory database is segmented into BFSI, retail, telecomm, health care, energy, education, automobile, public sector and others.

On basis of region global In-memory Database market is segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

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Market Overview:

North America region is dominant in In-memory Database market due to growing demand from enterprises and technical experts in North America and followed by Western Europe during the period. Asia-Pacific region is expected to grow at a faster rate during the forecast period.

Key Market Players:

Some of the Key players in In-memory database market include IBM Corporation, Oracle Corporation, Amazon web services, Teradata Corporation, SAP SE, VoltDB Inc., Altibase Corp., Microsoft corporation, Tableau Software and Software AG.

The report covers exhaustive analysis on:

  • Global In-memory Database market segments
  • Global In-memory Database market dynamics
  • Historical Actual Market Size, 2015 – 2016
  • Global In-memory Database market size & forecast 2017 to 2027
  • Ecosystem analysis
  • Global In-memory Database market current trends/issues/challenges
  • Competition & Companies involved technology
  • Value Chain
  • Global In-memory Database market drivers and restraints

Regional analysis for global In-memory Database market includes development of these technologies in the following regions:

  • North America
  • US
  • Canada
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Others
  • Europe
  • U.K.
  • France
  • Germany
  • Poland
  • Russia
  • Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other Africa

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory

Market segments based on products, technology, and applications

Prospects of each segment

Overall current and possible future size of the market

Growth pace of the market

Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it

Understand the opportunities and pitfalls awaiting them

Assess the overall growth scope in the near term

Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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