In-Memory Computing Market by (Data Management, Databases, Data Grids, Application Platforms) worth $13.23 Billion by 2018
DALLAS, August 30, 2013 /PRNewswire/ –
This report “In-Memory Computing (IMC) Market [In Memory Data Management, IMDB (Pure,
Hybrid, OLAP, OLTP, Relational IMDB, NoSQL IMDB), IMDG, In-Memory Application Platforms
(IMAP)] – Global Advancements, Worldwide Market Forecasts and Analysis (2013-2018)”,
defines and segments the global In-Memory Computing markets across various sub-segments
and regions. In this report, MarketsandMarkets also identifies the drivers and the
restrains for this market with insights on the trends, opportunities, and challenges.
Browse 102 market data tables and 14 figures spread through 183 pages and in-depth TOC
on “In-Memory Computing (IMC) Market [In Memory Data Management, IMDB (Pure, Hybrid, OLAP,
OLTP, Relational IMDB, NoSQL IMDB), IMDG, In-Memory Application Platforms (IMAP)] – Global
Advancements, Worldwide Market Forecasts & Analysis (2013-2018)”.
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As the industry is witnessing a sharp rise in transactional and analytical
requirements for voluminous big data, In-Memory solutions are fast finding place in almost
every database warehousing and analytics application. Traditional disk-based systems do
have storage capabilities, but when it comes to faster analysis of data, traditional
disk-based systems lag behind. Although IMC, as a concept was introduced in the late
twentieth century, its adoption has been slow, owing to the high cost of the main-memory;
Dynamic Random Access Memory (DRAM). IMC provides enhanced features such as reduced
latency level and provision of real-time data on demand. Major vendors in the IMC market
space include SAP, Oracle, IBM, Altibase, Qliktech, while companies such as GridGain,
ScaleOut Software, Exasol, Software AG have also emerged as key innovators in this space.
This report analyzes market dynamics, future roadmaps and global trends, and provides
forecast over the next five years.
Today database management and analysis technologies are ubiquitous. From private
sector organizations to public/government sector, data management and analysis
technologies play a vital role to achieve operational efficiency. Organizations, today,
need technologies which can store more data in lesser space and analyze the same at higher
speed. This is the time where database management technologies are facing major shift from
traditional database technologies to new possibilities. Such changes lead to breakthrough
technologies such as In-Memory Computing, which replace the traditional ways and reshape
the whole market with higher adoption.
In-Memory Computing Market is one of such technology which is being readily accepted
by enterprises today. Several industry verticals such as retail, banking and financial
services, and telecommunication are adopting this technology for voluminous data
management and real time analytics. As per a new research study from MarketsandMarkets,
the global market for In-Memory Computing is expected to grow from $2.21 billion in 2013
to $13.23 billion in 2018, at a CAGR of 43.0% during this forecast period.
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