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In-Memory Database Market by Application, Data Type, Processing Type, Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2021

In-Memory Database Market: Global Forecast until 2021

  • December 2016
  • 162 pages
  • ID: 4603866
In this report:
APAC is expected to account for ##.##% of the overall market share in 2016, whereas MEA and Latin America are expected to capture ##.##% and ##.##%, respectively, in the overall in-memory database market.
North America is expected to account for almost ##.##% share of the overall in-memory database market in 2016, closely followed by Europe with ##.##% share.

Summary

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Faster data processing is one of the drivers for the increase ot the in-memory database market

The in-memory database market size is forecasted to grow from ~$2.7B in 2016 to ~$6.6B by 2021, at a CAGR of 19.30 percent. Faster data processing, falling RAM prices, and massive amount of data being generated from different industries has fueled the increase of in-memory database solutions. Nevertheless, memory space constraints and lack of standards are acting as the restraining factors for the in-memory database market.

Relational data type is anticipated to be the quickest increasing component in the in-memory database market

The relational data type segment is inevitably gaining traction in the in-memory database market as it affords standard interfaces to integrate info and reporting. Relational databases have been dominating the software sector over a long period, providing several mechanisms for storing data, concurrency control, and transaction. These types of in-memory database uses the main memory for carrying out operational transaction processing. Moreover, the growing availability of in-memory solutions that hold content of relational database over memory including in Redis are anticipated to dominate the sector during coming years. For example, Facebook uses MySQL to store user data, but relies on Memcache to get material rapidly to users.

Asia-Pac is forecasted to have the maximum growth rate in the in-memory database market by area

Asia-Pac is forecasted to grow at the highest compound annual growth rate (CAGR) during the outlook period. The developing APAC market is poised to grow, as the developing economies, including India and China (CN), are adopting the in-memory database technologies to stay ahead in the competition. The initiatives taken by main countries in APAC including India, China (CN), and others in digitalization and promotion of the emerging technologies including mobility, Internet of Things, cloud, Business Intelligence, and analytics have provided tremendous opportunities for the key market players to invest heavily in the in-memory database market. APAC market would outshine other sectors in the next years due to the development fostering government rules and regulations and overflowing Foreign Direct Investments in the territory.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. Distribution of profile of primary members taking part is like:

- By Organization: Tier 1 - 17 %, Tier 2 -50.0 percent and Tier 3 - 33.0 percent

- By Description: C-suite - 19.0 percent, D-level - 26.0 percent, Others - 55.0 percent

- By area: North america (NA) - 60.0 percent, Europe - 10.0 percent, APAC - 30.0 percent

Scope of the Report:

The document breaks down the in-memory database market based on applications, which comprises transaction, reporting, analytics, and others; data types including relational, NoSQL, and NewSQL; processing types including Online Analytical Processing and Online Transaction Processing ; deployment models including on-premises and on-demand; organization size including big enterprises and small & medium enterprises; verticals including BFSI, government & defense, healthcare & life sciences, retail & consumer goods, transportation & logistics, IT & telecommunication, manufacturing, energy & utility, and others; and regions including North America, Europe (EU), Asia Pacific (APAC), Middle East (ME) & African continent, and Latin America area.

Why Purchasing This Study Can Help You::

- To get a comprehensive overview of the overall in-memory database market

- To benefit wide-ranging information about the top actors in this market sphere, their products review, and top strategies approved by them

- To benefit insights of the main countries/localities in which the in-memory database market is flourishing in different industries

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