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Research details developments in the in-memory database market projected to reach USD 6.58 billion by 2021

IT Market Research

To gain wide-ranging information about the top players in this market sphere, their product portfolios, and key strategies adopted by them. The in-memory database ecosystem comprises the following major vendors: Microsoft Corporation (U.S.), IBM Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Teradata Corporation (U.S), Amazon Web Services (U.S.), Tableau software (U.S.), Kognitio Ltd. (U.K.), Volt DB (U.S.), DataStax (U.S.), ENEA (Sweden), McObject LLC (U.S.), Altibase Corporation (U.S.)

The in-memory database market size is estimated to grow from USD 2.72 billion in 2016 to USD 6.58 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.3%.

Download Sample Copy of In-Memory Database Market; spread across 160 pages, profiling 14 companies and supported with 69 tables and 55 figures is now available at Report at www.rnrmarketresearch.com/contacts…mple?rname=807930

The key players in the In-Memory Database Market include – Microsoft Corporation (U.S.), IBM Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Teradata Corporation (U.S), Amazon Web Services (U.S.), Tableau software (U.S.), Kognitio Ltd. (U.K.), Volt DB (U.S.), DataStax (U.S.), ENEA (Sweden), McObject LLC (U.S.), Altibase Corporation (U.S.)

The report segments the in-memory database market on the basis of applications, which includes transaction, reporting ,analytics ,and others; data types such as relational, NoSQL, and New SQL processing types such as Online Analytical Processing (OLAP)and Online Transaction Processing (OLTP);deployment models  such as on-premises and on-demand; organization size such as large enterprises and small &medium enterprises; verticals such as BFSI, government &defense, healthcare & life sciences, retail & consumer goods, transportation & logistics, IT &telecommunication, manufacturing, energy & utility, and others; and regions including North America, Europe, Asia–Pacific (APAC), Middle East& Africa (MEA), and Latin America.

Get More Details on In-Memory Database Market by Industry @ www.rnrmarketresearch.com/contacts…ying?rname=807930

The in-memory database market size is estimated to grow from USD 2.72 billion in 2016 to USD 6.58 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.3%.

Faster data processing, falling RAM prices, and massive amount of data being generated from various industries has fueled the growth of in-memory database solutions. However, memory space constraints and lack of standards are acting as the restraining factors for the in-memory database market.

Get In-Memory Database Market by Application (Transaction, Reporting, Analytics), Data Type (Relational, SQL, and NEWSQL), Processing Type (OLAP and OLTP), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2021 @ www.rnrmarketresearch.com/contacts…hase?rname=807930

The relational data type segment is inevitably gaining traction in the in-memory database market as it offers standard interfaces to integrate data and reporting. Relational databases have been dominating the software industry over a long period, providing various mechanisms for storing data, concurrency control, and transaction.

These types of in-memory database uses the main memory for carrying out operational transaction processing. Furthermore, the increasing availability of in-memory solutions that hold content of relational database over memory such as in Redis (open source in-memory database) are anticipated to dominate the market during coming years.

For instance, Facebook uses MySQL to store user data, but relies on Memcache (cache system) to get material quickly to users.

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