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According to a new report North America In-Memory Database Market , published by KBV Research, the North America In-Memory Database is expected to attain a market size of $3.0billion by 2022, growing at a CAGR of 18.1% during the forecast period. The North America in-memory database market is segmented into application, data type, processing type, deployment model, organization size, vertical, and Country. The US market dominated the North America Relational In-Memory Database Market by Country in 2015, and would continue to be a dominant market till 2022; thereby, growing at a CAGR of 15.3% during the forecast period.
The Canada market is expected to witness a CAGR of 18.7% during (2016 - 2022). The Transaction market dominated the North America In-Memory Database Market by Application in 2015, and would continue to be a dominant market till 2022. The Analytics market is expected to witness a CAGR of 19.5% during (2016 - 2022). 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 report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region.
The key influencing factors of the In-Memory Database have been discussed in the report along with the elaborated company profiles of IBM Corporation, Microsoft Corporation, HP Enterprise Company, Oracle Corporation, SAP SE, CA, Inc., Teradata Corporation, Tableau Software, Inc. and Kognitio Ltd.