In-Memory Database Market Expected to grow at a CAGR of 19% by 2023

The In-Memory Database Market is expected to witness a CAGR of 19%, over the forecast period (2018-2023).

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on In-Memory Database production region, major players, and product type which will provide a simplified view of the In-Memory Database industry. The In-Memory Database market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in In-Memory Database market which will help the emerging market segments in making vital business decisions.

Global In-Memory Database Market by Top Manufacturers (2018-2023): IBM Corporation, Microsoft Corporation, Oracle Corporation, Sap Se, Facebook, Telefonaktiebolaget Lm Ericsson, Bell Labs (Alcatel Lucent), Tibco Software Inc., Aerospike Company, Gridgain Systems, Inc., Teracotta Inc. (Software Ag), Pivotal Software, Inc., Exasol, Redis Labs, Altibase Corp., (Cwi) Centrum Wiskunde & Informatica, Hasso-Plattner-Institut, Raima, Inc., Voltdb, Inc., Couchbase, Datastax, Inc., Mcobject Llc, And Memsql Inc., Amongst Others.

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Essential points covered in In-Memory Database Market 2018 Research are:-
• What will the market size and the growth rate be in 2023?
• What are the key factors driving the In-Memory Database market?
• What are the key market trends impacting the growth of the In-Memory Database market?
• What are the challenges to market growth?
• Who are the key vendors in the In-Memory Database market?
• What are the market opportunities and threats faced by the vendors in the In-Memory Database market?
• What are the key outcomes of the five forces analysis of the In-Memory Database market?

This independent 114 pages report guarantees you will remain better informed than your competition. With figures examining the In-Memory Database market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2023.

Integration of technology within operations promoting In-memory databases

Technological innovations have been at the helm of many industrial transformations in the recent past. Implementation of these technologies in the most traditional businesses has been intensifying the competition for a while now. At first, it was data analytics which brought disruption and now it is the real time data analytics which is redefining operations of various enterprises. The reason for the enhanced competition is not just the existence of technology, but its access to every player. In-memory computing (IMC) has an important role in accelerating the real time analytics adoption. The adoption of IMC was 35% in 2015 which was increased from 10% in 2012. In-memory databases are an essential part of the IMC. This increased adoption of IMC and hence of In-memory databases has been driven by SME’s gaining access to these technologies and consequently making their operations efficient enough so that they are well equipped to compete with the leaders in the market on a level playing field which in turn is intensifying competition.

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In-Memory Database Market Regional Analysis

The North American market is the largest market but the focus is shifting towards the fastest growing region, which in this market is the Asia-Pacific region. Economies like India and China are adopting the technology for more efficient operations. Industries like retail are being driven by e-commerce into adapting technology for their operations and this has attracted the respective market leaders in the country. Recently Walmart Inc., which is a major retail player acquired the Indian e-commerce leader Flipkart, which will eventually bring a lot investment in the market. All of this is set to increase the data production in operations which will consequently fuel the demand for in-memory databases as they enhance the agility of operations by faster data extraction and that too in real time. One of the major reasons is that the North American region is almost saturated and to counter the competition, the players are looking upcoming regions to diversify.

Reasons to Purchase This Report
• The increasing complexity of SLA management triggered by enhanced use of mobile applications is expected to drive the growth of the market.
• The report analyzes the various perspectives of the market with the help of Porter’s five forces analysis
• The type of security and solution that are expected to dominate the market
• The regions are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet (in Excel)

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This release was published on openPR.