Global In-Memory Database Market Overview:
In-memory database refers to the technology that stores the information totally or part within the memory on either single or distributed servers. The In-Memory info technology keeps the full info within the main memory of the system. The technology supports transactional, operational, and analytical workloads. It helps in reducing latency within the information, which more helps in the extraction of knowledge for its process on-time basis. Moreover, a large quantity of knowledge (big data) is being generated across varied industries.
As per latest study released by AMA Research, the Global In-Memory Database market is expected to see growth rate of 20.3%Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Integration of IoT and Artificial Intelligence with Data handling, Tracking and Security
Market Growth Drivers:
Rise in Demand for Faster Data Processing for Larger Internet Penetration and Digitization and Rising Demand for Real-Time Monitoring of Data and Analytical Data Processing
Challenges:
Threat of Data Breach and Malware Attacks and Available Substitutes in Market
Restraints:
Large Spaces required for Memory. and High Costs Involved in Setup and Accessories
Opportunities:
Rise in Demand for Real-Time Processing
Competitive Landscape:
Some of the key players profiled in the report are Microsoft Corp. (United States), IBM (United States), Oracle Corporation (United States), SAP SE (Germany), Teradata (United States), Amazon Web Services (United States), Tableau (United States), Kognitio (UK), VoltDB (United States) and DataStax (United States). Additionally, following companies can also be profiled that are part of our coverage like ENEA (Sweden), McObject (United States) and Altibase (South Korea). Analyst at AMA Research see United States Players to retain maximum share of Global In-Memory Database market by 2030. Considering Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the In-Memory Database market. Considering Market by Processing Type, the sub-segment i.e. Online Analytical Processing (OLAP) will boost the In-Memory Database market. Considering Market by End Use Industry, the sub-segment i.e. BFSI will boost the In-Memory Database market.
Latest Market Insights:
In 2018, Microsoft acquired Avere Systems, a leading provider of high-performance NFS and SMB file-based storage for Linux and Windows clients for accelerating high-performance computing innovation. This acquisition will employ industry-leading innovations which enable the largest, most complex high-performance workloads to be handled by Microsoft Azure.
In 2018, Amazon Web Services, Inc. (AWS), an Amazon.com launched new High Memory instances for Amazon Elastic Compute Cloud (Amazon EC2). Amazon EC2 High Memory instances alter consumers to scale their in-memory information deployments and integrate them with the remainder of AWS, together with storage, networking, IoT, analytics, and machine learning services
What Can be Explored with the In-Memory Database Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global In-Memory Database Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in In-Memory Database
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global In-Memory Database market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in In-Memory Database market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes In-Memory Database Provider, IT Service Providers, Cloud Service Providers, Research Institutes, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.