Portland, OR -- (SBWire) -- 05/31/2018 --In-Memory database is a database management system where the data is stored in the memory to facilitate faster response time. Data is loaded into the system memory in a compressed and non-relational format. The global in-memory market is expected to grow at a CAGR of around 18% from 2017 to 2025.
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Based on various applications, the market is segmented into transaction, reporting, analytics, and others. By data type, it is divided into NoSQL and NewSQL. According to industry, it is classified into BFSI, government & defense, healthcare & life sciences, retail & consumer goods, transportation & logistics, IT & telecommunication, manufacturing, energy & utilities, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
• Increasing demand for big data analysis in real-time
• Quicker data processing
Restraints:
• Lack of standards
• Memory-related constraints
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Market Players:
The top players in the global in-memory database market include Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Teradata Corporation, Amazon Web Services Inc., Tableau software, Kognitio Ltd., VoltDB, DataStax, McObject LLC and Altibase Corporation.
KEY TAKEAWAYS
MARKET LANDSCAPE
• By Application
o Transaction
o Reporting
o Analytics
o Others
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Global in-Memory Database Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025
A brief overview of Global In-Memory Database Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography