PUNE, India, December 19, 2016 /PRNewswire/ --
According to a new market research report "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" , published by MarketsandMarkets, the In-Memory Database Market 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 are the key driving forces of In-Memory Database Market.
Browse 69 market data Tables and 55 Figures spread through 160 Pages and in-depth TOC on "In-Memory Database Market"
Early buyers will receive 10% customization on this report.
Online Analytical Processing (OLAP) processing type to grow at the highest CAGR during the forecast period
OLAP is a database technology that has been optimized for querying and reporting, instead of processing transactions. OLAP systems are typically deployed for Business Intelligence (BI) and reporting, business process management, sales management, and forecasting. In-memory OLAP solutions can easily address big data challenges for organizations requiring real-time insights by helping them to dive and explore entire data at once, faster analysis, and ultra-low latency enabling real-time decision-making.
The on-demand deployment model to grow at the highest CAGR during the forecast period
The market by deployment model has been segmented into on-premises and on-demand model. The on-demand deployment model is expected to witness the highest CAGR during the forecast period. The on-demand deployment model will gain traction in the coming years owing to the cost effectiveness, agility, and affordability it offers to the end customer.
Inquiry Before Buying - http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=226589254
North America is expected to dominate the In-Memory Database Market during the forecast period
The In-Memory Database Market segments the global market on the basis of regions, which include North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is expected to hold the largest share of the In-Memory Database Market in 2016 due to the presence of large enterprises, technical experts, and growing demands for In-Memory Database Market solutions in this region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The ability to provide real-time intelligence with advanced predictive analytics on different applications has boosted the In-Memory Database Market.
The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors 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.), and Altibase Corporation (U.S.)
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
Browse Related Report
In-Memory Computing Market by Component (IMDM, IMAP), Sub-Components (IMDB, IMDG), Solutions (OLAP, OLTP), Verticals (BFSI, Retail, Government, & others) - Global Forecast to 2020
Big Data Market by Component (Software and Services), Type (Structured, Semi-Structured and Unstructured), Deployment Model, Vertical, and Region (North America, Europe, Asia-Pacific, Latin America & Middle East and Africa) - Global Forecast to 2021
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
USA : 1-888-600-6441
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect us On LinkedIn @ http://www.linkedin.com/company/marketsandmarkets