Based on various applications, the market is segmented into transaction, reporting, analytics, and others.
In-Memory database market 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.
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.
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Increasing demand for big data analysis in real-time
Quicker data processing
Lack of standards
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.
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