Albany, NY -- (SBWire) -- 08/30/2017 --The in-memory database is one of the subcomponents of IMDM, the other subcomponent being in-memory data grid (IMDG). IMDM and in-memory application platform (IMAP) are the components of in-memory computing (IMC), which form the base of this technology. The primary purpose of in-memory processing technology is to enable real-time analyses and allow organizations to store data in RAM rather than in traditional disk storages, which reduces their operational costs.
The global in-memory OLAP database market to grow at a CAGR of 24.95% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global in-memory OLAP database market for 2016-2020. To calculate the market size, the report considers the market value of in-memory computing in 2015.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
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Technavio's report, Global In-Memory OLAP Database Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Altibase
- IBM
- Microsoft
- Oracle
- SAP SE
Other prominent vendors
- Exasol
- Jedox AG
- Kognitio
- Mcobject
- MemSQL
- MicroStrategy
- SAS Institute
- Teradata
- Terracotta
- VoltDB
Market driver
- Increased adoption among SMEs
- For a full, detailed list, view our report
Market challenge
- Hardware specification requirements
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Global in-Memory OLAP Database Market to Grow at a CAGR of 24.95% During 2016-2020 - Altibase, IBM, Microsoft, Oracle, SAP SE