In-Memory Database Market Set for Rapid Growth And Trend, by 2027

14/mar/2017 13:56:35 Future Market Insights Contatta l'autore

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In-Memory Database Market: Global Industry Analysis and Opportunity Assessment 2017-2027 Research Report By Future Market Insights

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 processor have low computational capabilities.

Primary factor Which organizations benefit 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 established among users as well as new users.In-memory databases market is expected to witness great innovations in terms of technological advancements and increasing time 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.

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Database using in-memory processing delivers faster data-retrieval speeds, Which attracts companies facing hardship with large sized transactions and database management. The enhanced performance optimization and transformational business potential of in-memory databases are expected to increase to 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 the replacement of physical storage architectures of memory intensive.

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 type given the global In-memory database market is segmented into relational data types, SQL, and NEWSQL.

On basis of application In-memory Database global 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 two to growing demand from enterprises and technical experts in North America and Western Europe Followed by 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.

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