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Global Distributed Data Grid Market 2015-2019

Distributed Data Grid Sector: Worldwide Forecast until 2019

  • August 2015
  • 52 pages
  • ID: 3231973
In this report:
In line with this strategy the company acquired MICROS Systems in 2014, a provider of integrated software, hardware, and services solutions to the hospitality and retail industries, to expand its existing software and cloud, hardware and related service offerings for hotels, food and beverage industries, facilities, and retailers.

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About distributed data grid

Distributed data grids are data storage software. They represent a sub-segment of in-memory computing. Data grids store info in the RAMs of a set of multiple servers distributed across different locations, which can be managed centrally. Distributed data grids are versatile as they can store both structured as well as unstructured data. Distributed data grids have various advantages over traditional forms of data storage as the software avoids traditional input/output bottlenecks encountered in relational database structures by using object-oriented designs.

The concept of using in-memory systems for storage and computing purposes is not additional, but the technology has gained traction due to new innovations in scale-out architecture and reduction in the prices of storage devices. Firms are using distributed data grid software to deal with big volumes of data. The information is distributed and stored in multiple servers, wherein each server operates in the active mode. Distributed data grids offer scalability, and firms can add or reduce the number of servers in the network.

Distributed data grid technology is widely used in the banking and financial as well as the online e-commerce sectors as a result of its inherent advantages, including improved performance, productivity, and customer experience. The technology has boosted decision-making capabilities, competitiveness, and profitability of different companies in the financial services market through enhanced performance in stock markets. The technology has also proved its worth in a flight booking system that was designed for a main European budget airline.

The increasing volumes of data in companies have boosted the popularity of distributed data grid software as a mainstream solution. Distributed data grid software benefits firms avoid Internet traffic and caches data in-memory, resulting in faster response times. Moreover, the software benefits companies resolve performance issues; the technology is widely accepted in sectors that face scalability issues, including e-commerce.

Research company expects that distributed data grid software will take about four to five years to benefit prominence as a stand-alone solution. Presently, as an embedded component, the industry is in the developing stage of PLC (PLC comprises four stages: nascent, developing, mature, and decline). Software merchants are embedding distributed data grid technology in their packaged applications (including ESB technologies, application servers, and BPM tools). Nevertheless, dearth of talent and lack of standards in the sector are blocking widespread acceptance of data grid software.

The experts estimate the worldwide distributed data grid market to increase at a compound annual Growth rate of ~16.4 percent over the time frame 2014-2019.

What is the scope of this report?

The overall CLM sector is broken down on the basis of products and area.

The market study, World-wide Distributed Data Grid Sector 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. It includes the market landscape of the overall distributed data grid sector and its growth expectations in the upcoming years. The market research also comprises a discussion on the key sellers operating in this industry.

Main vendors

Other main sellers

- For a full, in-depth list, view our market report

Market opportunity

- Lack of expertise

- For a full, exhaustive list, view our market report

Market forecast

- Emergence of cloud technology

- For a full, in-depth list, view our market report

What are the main questions answered?

- What will the market value be in 2018 and what will the increase rate be?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

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