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An in-memory database (IMDB, also main memory database system or MMDB or memory resident database) is a system that majorly relies on the computer?s main memory to store data and is different from a database management system which uses a disk storage mechanism. The fast growing e-commerce industry has driven the trend of cashless payments mode across the world, which is a major factor driving the transaction application. Superior data processing speed, cost effective RAM prices, and massive amount of data being generated from various industries would be the major drivers for the market growth during the forecast period. The in-memory OLAP solutions help organizations in diving deep into the data and explore entire data much faster and present ultra-low latency platform enabling real-time decision-making.
Based on the Data type, the In-Memory Database market is segmented into Relational, NoSql and NewSql. Based on the Processing Type, the market is segmented into Online Transaction Processing and Online Analytics Processing. The Applications highlighted in this report include Transaction, Reporting, Analytics and Others. Based on Deployment Type, the market is segmented into On-Demand and On-Premise. Based on Organization size, the market is segmented into Small & Medium Enterprises and Large Enterprises. The verticals covered under the report include BFSI, Government & Defense, Healthcare & Life Sciences, Retail & Consumer Goods, Transportation & Logistics, Telecom & IT, Manufacturing, Energy & Utilities and Others. Based on Country, LAMEA In-Memory Database market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Brazil remained the dominant Country in the LAMEA In-Memory Database market in 2015. UAE would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the In-Memory Database market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, HP Enterprise Company, Oracle Corporation, SAP SE, CA, Inc., Teradata Corporation, Tableau Software, Inc. and Kognitio Ltd.