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In-memory Database Market By Application, By Processing Type, By Deployment Model, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 345 Pages
  • October 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725209
An in-memory database (IMDB) saves all data in the main memory to promote faster execution. In-memory databases are designed to attain minimum response time, as well as high throughput for performance-critical systems. IMDB technology supports real-time data management, application-tier deployment, and most ACID properties. The benefits of an in-memory database involve high stability, faster transactions, multi-user concurrency, no translation, big data management, real-time updates, and minimizes IT costs. This approach facilitates faster query response, great performance, and encourages self-service analytics. It helps in eliminating the latency of data, thus facilitating real-time data analysis with faster extraction of information.

Rise in need for real-time data monitoring and analytical data processing from the biggest industrial verticals is primarily driving demand for memory databases. Industries such as e-retail have placed a greater emphasis on gathering consumer data to improve perception and forecast consumer purchase behavior. In addition, the market for in-memory databases has been expanding as a result of expansion of IoT-connected devices as these databases provide bulk of infrastructure for IoT applications. Furthermore, expansion of the in-memory databases market has been positively driven by rise in demand for improved risk management solutions by various organizations.

Moreover, as memory access is substantially faster than disc access, in-memory database system performs much more quickly when compared to disc optimized databases. In-memory database systems, such as Oracle Coherence and Starcounter, use the method of memory access as opposed to the majority of database management systems, which use technique of disc storage, such Oracle, MySQL, and Microsoft SQL Server. Databases that operate in-memory typically use volatile memory. However, development of non-volatile memory modules have made it possible to store data even in the event of a power outage.

The in-memory database market is segmented on the basis of application, processing type, deployment model, enterprise size, industry vertical, and region. By application, it is segmented into transaction, reporting, analytics, and others. By processing type, it is segmented into online analytical processing and online transaction processing. By deployment model, it is categorized into on-premise and cloud. By enterprise size, it is categorized into large enterprise and small and medium size enterprise. By industry vertical, it is categorized into IT & telecom, BFSI, retail & e-commerce, healthcare & life sciences, government & defense, manufacturing, media & entertainment, and others. The manufacturing segment is further categorized into food & beverages, industrial machinery & heavy equipment, high-tech & consumer electronics, automotive, and others. The high-tech & consumer electronics, segment is further divided into consumer electronics, PCs & laptops, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market players operating in the In-memory database platform market includes Aerospike, Inc., Altibase Corporation, Couchbase, Inc., DataStax, Inc., GridGain Systems, Inc., International Business Machine (IBM), Microsoft Corporation, McObject LLC., Oracle Corporation, Redis, Raima, Inc., SingleStore, Inc., SAP SE, TIBCO Software, Inc., Teradata Corporation, Vmware, Inc., and Volt Active Data. These key players have adopted numerous key development strategies such as partnership and new product launches, which help to strengthen their grip in the in-memory database market.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the in-memory database market analysis from 2021 to 2031 to identify the prevailing in-memory database market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the in-memory database market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global in-memory database market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Deployment Model

  • On premise
  • Cloud

By Enterprise Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • IT and Telecom
  • BFSI
  • Retail and e commerce
  • Healthcare and life sciences
  • Government and defense
  • Manufacturing
  • Manufacturing Type
  • Food and Beverages
  • Industrial Machinery and Heavy Equipment
  • High Tech and Consumer Electronics
  • Automotive
  • Others
  • Media and entertainment
  • Others

By Application

  • Transaction
  • Reporting
  • Analytics
  • Others

By Processing Type

  • Online Analytical Processing
  • Online Transaction Processing

By Region

  • North America
  • U. S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest Of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Mexico
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • SAP SE
  • TIBCO Software Inc.
  • Teredata Corporation
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Aerospike Inc.
  • GridGain Systems Inc.
  • VMware Inc.
  • Redis Labs Inc.
  • Altibase Corp.
  • Raima Inc.
  • VoltDB Inc.
  • Couchbase Inc.
  • DataStax Inc.
  • McObject LLC
  • MemSQL Inc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: IN-MEMORY DATABASE MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2 Transaction
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Reporting
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Analytics
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country

CHAPTER 5: IN-MEMORY DATABASE MARKET, BY PROCESSING TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Online Analytical Processing
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Online Transaction Processing
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: IN-MEMORY DATABASE MARKET, BY DEPLOYMENT MODEL
6.1 Overview
6.1.1 Market size and forecast
6.2 On premise
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Cloud
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: IN-MEMORY DATABASE MARKET, BY ENTERPRISE SIZE
7.1 Overview
7.1.1 Market size and forecast
7.2 Large Enterprises
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 SMEs
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country

CHAPTER 8: IN-MEMORY DATABASE MARKET, BY INDUSTRY VERTICAL
8.1 Overview
8.1.1 Market size and forecast
8.2 IT and Telecom
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by region
8.2.3 Market analysis by country
8.3 BFSI
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by region
8.3.3 Market analysis by country
8.4 Retail and e commerce
8.4.1 Key market trends, growth factors and opportunities
8.4.2 Market size and forecast, by region
8.4.3 Market analysis by country
8.5 Healthcare and life sciences
8.5.1 Key market trends, growth factors and opportunities
8.5.2 Market size and forecast, by region
8.5.3 Market analysis by country
8.6 Government and defense
8.6.1 Key market trends, growth factors and opportunities
8.6.2 Market size and forecast, by region
8.6.3 Market analysis by country
8.7 Manufacturing
8.7.1 Key market trends, growth factors and opportunities
8.7.2 Market size and forecast, by region
8.7.3 Market analysis by country
8.7.4 Manufacturing In-memory Database Market by Manufacturing Type
8.7.4.1 Food and Beverages Market size and forecast, by region
8.7.4.2 Food and Beverages Market size and forecast, by country
8.7.4.3 Industrial Machinery and Heavy Equipment Market size and forecast, by region
8.7.4.4 Industrial Machinery and Heavy Equipment Market size and forecast, by country
8.7.4.5 High Tech and Consumer Electronics Market size and forecast, by region
8.7.4.6 High Tech and Consumer Electronics Market size and forecast, by country
8.7.4.7 Automotive Market size and forecast, by region
8.7.4.8 Automotive Market size and forecast, by country
8.7.4.9 Others Market size and forecast, by region
8.7.4.10 Others Market size and forecast, by country
8.8 Media and entertainment
8.8.1 Key market trends, growth factors and opportunities
8.8.2 Market size and forecast, by region
8.8.3 Market analysis by country
8.9 Others
8.9.1 Key market trends, growth factors and opportunities
8.9.2 Market size and forecast, by region
8.9.3 Market analysis by country

CHAPTER 9: IN-MEMORY DATABASE MARKET, BY REGION
9.1 Overview
9.1.1 Market size and forecast
9.2 North America
9.2.1 Key trends and opportunities
9.2.2 North America Market size and forecast, by Application
9.2.3 North America Market size and forecast, by Processing Type
9.2.4 North America Market size and forecast, by Deployment Model
9.2.5 North America Market size and forecast, by Enterprise Size
9.2.6 North America Market size and forecast, by Industry Vertical
9.2.6.1 North America Manufacturing In-memory Database Market by Manufacturing Type
9.2.7 North America Market size and forecast, by country
9.2.7.1 U. S.
9.2.7.1.1 Market size and forecast, by Application
9.2.7.1.2 Market size and forecast, by Processing Type
9.2.7.1.3 Market size and forecast, by Deployment Model
9.2.7.1.4 Market size and forecast, by Enterprise Size
9.2.7.1.5 Market size and forecast, by Industry Vertical
9.2.7.1.5.1 U. S. Manufacturing In-memory Database Market by Manufacturing Type
9.2.7.2 Canada
9.2.7.2.1 Market size and forecast, by Application
9.2.7.2.2 Market size and forecast, by Processing Type
9.2.7.2.3 Market size and forecast, by Deployment Model
9.2.7.2.4 Market size and forecast, by Enterprise Size
9.2.7.2.5 Market size and forecast, by Industry Vertical
9.2.7.2.5.1 Canada Manufacturing In-memory Database Market by Manufacturing Type
9.3 Europe
9.3.1 Key trends and opportunities
9.3.2 Europe Market size and forecast, by Application
9.3.3 Europe Market size and forecast, by Processing Type
9.3.4 Europe Market size and forecast, by Deployment Model
9.3.5 Europe Market size and forecast, by Enterprise Size
9.3.6 Europe Market size and forecast, by Industry Vertical
9.3.6.1 Europe Manufacturing In-memory Database Market by Manufacturing Type
9.3.7 Europe Market size and forecast, by country
9.3.7.1 UK
9.3.7.1.1 Market size and forecast, by Application
9.3.7.1.2 Market size and forecast, by Processing Type
9.3.7.1.3 Market size and forecast, by Deployment Model
9.3.7.1.4 Market size and forecast, by Enterprise Size
9.3.7.1.5 Market size and forecast, by Industry Vertical
9.3.7.1.5.1 UK Manufacturing In-memory Database Market by Manufacturing Type
9.3.7.2 Germany
9.3.7.2.1 Market size and forecast, by Application
9.3.7.2.2 Market size and forecast, by Processing Type
9.3.7.2.3 Market size and forecast, by Deployment Model
9.3.7.2.4 Market size and forecast, by Enterprise Size
9.3.7.2.5 Market size and forecast, by Industry Vertical
9.3.7.2.5.1 Germany Manufacturing In-memory Database Market by Manufacturing Type
9.3.7.3 France
9.3.7.3.1 Market size and forecast, by Application
9.3.7.3.2 Market size and forecast, by Processing Type
9.3.7.3.3 Market size and forecast, by Deployment Model
9.3.7.3.4 Market size and forecast, by Enterprise Size
9.3.7.3.5 Market size and forecast, by Industry Vertical
9.3.7.3.5.1 France Manufacturing In-memory Database Market by Manufacturing Type
9.3.7.4 Italy
9.3.7.4.1 Market size and forecast, by Application
9.3.7.4.2 Market size and forecast, by Processing Type
9.3.7.4.3 Market size and forecast, by Deployment Model
9.3.7.4.4 Market size and forecast, by Enterprise Size
9.3.7.4.5 Market size and forecast, by Industry Vertical
9.3.7.4.5.1 Italy Manufacturing In-memory Database Market by Manufacturing Type
9.3.7.5 Spain
9.3.7.5.1 Market size and forecast, by Application
9.3.7.5.2 Market size and forecast, by Processing Type
9.3.7.5.3 Market size and forecast, by Deployment Model
9.3.7.5.4 Market size and forecast, by Enterprise Size
9.3.7.5.5 Market size and forecast, by Industry Vertical
9.3.7.5.5.1 Spain Manufacturing In-memory Database Market by Manufacturing Type
9.3.7.6 Rest of Europe
9.3.7.6.1 Market size and forecast, by Application
9.3.7.6.2 Market size and forecast, by Processing Type
9.3.7.6.3 Market size and forecast, by Deployment Model
9.3.7.6.4 Market size and forecast, by Enterprise Size
9.3.7.6.5 Market size and forecast, by Industry Vertical
9.3.7.6.5.1 Rest of Europe Manufacturing In-memory Database Market by Manufacturing Type
9.4 Asia-Pacific
9.4.1 Key trends and opportunities
9.4.2 Asia-Pacific Market size and forecast, by Application
9.4.3 Asia-Pacific Market size and forecast, by Processing Type
9.4.4 Asia-Pacific Market size and forecast, by Deployment Model
9.4.5 Asia-Pacific Market size and forecast, by Enterprise Size
9.4.6 Asia-Pacific Market size and forecast, by Industry Vertical
9.4.6.1 Asia-Pacific Manufacturing In-memory Database Market by Manufacturing Type
9.4.7 Asia-Pacific Market size and forecast, by country
9.4.7.1 China
9.4.7.1.1 Market size and forecast, by Application
9.4.7.1.2 Market size and forecast, by Processing Type
9.4.7.1.3 Market size and forecast, by Deployment Model
9.4.7.1.4 Market size and forecast, by Enterprise Size
9.4.7.1.5 Market size and forecast, by Industry Vertical
9.4.7.1.5.1 China Manufacturing In-memory Database Market by Manufacturing Type
9.4.7.2 India
9.4.7.2.1 Market size and forecast, by Application
9.4.7.2.2 Market size and forecast, by Processing Type
9.4.7.2.3 Market size and forecast, by Deployment Model
9.4.7.2.4 Market size and forecast, by Enterprise Size
9.4.7.2.5 Market size and forecast, by Industry Vertical
9.4.7.2.5.1 India Manufacturing In-memory Database Market by Manufacturing Type
9.4.7.3 Japan
9.4.7.3.1 Market size and forecast, by Application
9.4.7.3.2 Market size and forecast, by Processing Type
9.4.7.3.3 Market size and forecast, by Deployment Model
9.4.7.3.4 Market size and forecast, by Enterprise Size
9.4.7.3.5 Market size and forecast, by Industry Vertical
9.4.7.3.5.1 Japan Manufacturing In-memory Database Market by Manufacturing Type
9.4.7.4 South Korea
9.4.7.4.1 Market size and forecast, by Application
9.4.7.4.2 Market size and forecast, by Processing Type
9.4.7.4.3 Market size and forecast, by Deployment Model
9.4.7.4.4 Market size and forecast, by Enterprise Size
9.4.7.4.5 Market size and forecast, by Industry Vertical
9.4.7.4.5.1 South Korea Manufacturing In-memory Database Market by Manufacturing Type
9.4.7.5 Australia
9.4.7.5.1 Market size and forecast, by Application
9.4.7.5.2 Market size and forecast, by Processing Type
9.4.7.5.3 Market size and forecast, by Deployment Model
9.4.7.5.4 Market size and forecast, by Enterprise Size
9.4.7.5.5 Market size and forecast, by Industry Vertical
9.4.7.5.5.1 Australia Manufacturing In-memory Database Market by Manufacturing Type
9.4.7.6 Rest of Asia-Pacific
9.4.7.6.1 Market size and forecast, by Application
9.4.7.6.2 Market size and forecast, by Processing Type
9.4.7.6.3 Market size and forecast, by Deployment Model
9.4.7.6.4 Market size and forecast, by Enterprise Size
9.4.7.6.5 Market size and forecast, by Industry Vertical
9.4.7.6.5.1 Rest of Asia-Pacific Manufacturing In-memory Database Market by Manufacturing Type
9.5 LAMEA
9.5.1 Key trends and opportunities
9.5.2 LAMEA Market size and forecast, by Application
9.5.3 LAMEA Market size and forecast, by Processing Type
9.5.4 LAMEA Market size and forecast, by Deployment Model
9.5.5 LAMEA Market size and forecast, by Enterprise Size
9.5.6 LAMEA Market size and forecast, by Industry Vertical
9.5.6.1 LAMEA Manufacturing In-memory Database Market by Manufacturing Type
9.5.7 LAMEA Market size and forecast, by country
9.5.7.1 Brazil
9.5.7.1.1 Market size and forecast, by Application
9.5.7.1.2 Market size and forecast, by Processing Type
9.5.7.1.3 Market size and forecast, by Deployment Model
9.5.7.1.4 Market size and forecast, by Enterprise Size
9.5.7.1.5 Market size and forecast, by Industry Vertical
9.5.7.1.5.1 Brazil Manufacturing In-memory Database Market by Manufacturing Type
9.5.7.2 Mexico
9.5.7.2.1 Market size and forecast, by Application
9.5.7.2.2 Market size and forecast, by Processing Type
9.5.7.2.3 Market size and forecast, by Deployment Model
9.5.7.2.4 Market size and forecast, by Enterprise Size
9.5.7.2.5 Market size and forecast, by Industry Vertical
9.5.7.2.5.1 Mexico Manufacturing In-memory Database Market by Manufacturing Type
9.5.7.3 UAE
9.5.7.3.1 Market size and forecast, by Application
9.5.7.3.2 Market size and forecast, by Processing Type
9.5.7.3.3 Market size and forecast, by Deployment Model
9.5.7.3.4 Market size and forecast, by Enterprise Size
9.5.7.3.5 Market size and forecast, by Industry Vertical
9.5.7.3.5.1 UAE Manufacturing In-memory Database Market by Manufacturing Type
9.5.7.4 Saudi Arabia
9.5.7.4.1 Market size and forecast, by Application
9.5.7.4.2 Market size and forecast, by Processing Type
9.5.7.4.3 Market size and forecast, by Deployment Model
9.5.7.4.4 Market size and forecast, by Enterprise Size
9.5.7.4.5 Market size and forecast, by Industry Vertical
9.5.7.4.5.1 Saudi Arabia Manufacturing In-memory Database Market by Manufacturing Type
9.5.7.5 South Africa
9.5.7.5.1 Market size and forecast, by Application
9.5.7.5.2 Market size and forecast, by Processing Type
9.5.7.5.3 Market size and forecast, by Deployment Model
9.5.7.5.4 Market size and forecast, by Enterprise Size
9.5.7.5.5 Market size and forecast, by Industry Vertical
9.5.7.5.5.1 South Africa Manufacturing In-memory Database Market by Manufacturing Type
9.5.7.6 Rest of LAMEA
9.5.7.6.1 Market size and forecast, by Application
9.5.7.6.2 Market size and forecast, by Processing Type
9.5.7.6.3 Market size and forecast, by Deployment Model
9.5.7.6.4 Market size and forecast, by Enterprise Size
9.5.7.6.5 Market size and forecast, by Industry Vertical
9.5.7.6.5.1 Rest of LAMEA Manufacturing In-memory Database Market by Manufacturing Type

CHAPTER 10: COMPANY LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Key developments

CHAPTER 11: COMPANY PROFILES
11.1 SAP SE
11.1.1 Company overview
11.1.2 Company snapshot
11.1.3 Operating business segments
11.1.4 Product portfolio
11.1.5 Business performance
11.1.6 Key strategic moves and developments
11.2 TIBCO Software Inc.
11.2.1 Company overview
11.2.2 Company snapshot
11.2.3 Operating business segments
11.2.4 Product portfolio
11.2.5 Business performance
11.2.6 Key strategic moves and developments
11.3 Teredata Corporation
11.3.1 Company overview
11.3.2 Company snapshot
11.3.3 Operating business segments
11.3.4 Product portfolio
11.3.5 Business performance
11.3.6 Key strategic moves and developments
11.4 IBM Corporation
11.4.1 Company overview
11.4.2 Company snapshot
11.4.3 Operating business segments
11.4.4 Product portfolio
11.4.5 Business performance
11.4.6 Key strategic moves and developments
11.5 Microsoft Corporation
11.5.1 Company overview
11.5.2 Company snapshot
11.5.3 Operating business segments
11.5.4 Product portfolio
11.5.5 Business performance
11.5.6 Key strategic moves and developments
11.6 Oracle Corporation
11.6.1 Company overview
11.6.2 Company snapshot
11.6.3 Operating business segments
11.6.4 Product portfolio
11.6.5 Business performance
11.6.6 Key strategic moves and developments
11.7 Aerospike Inc.
11.7.1 Company overview
11.7.2 Company snapshot
11.7.3 Operating business segments
11.7.4 Product portfolio
11.7.5 Business performance
11.7.6 Key strategic moves and developments
11.8 GridGain Systems Inc.
11.8.1 Company overview
11.8.2 Company snapshot
11.8.3 Operating business segments
11.8.4 Product portfolio
11.8.5 Business performance
11.8.6 Key strategic moves and developments
11.9 VMware Inc.
11.9.1 Company overview
11.9.2 Company snapshot
11.9.3 Operating business segments
11.9.4 Product portfolio
11.9.5 Business performance
11.9.6 Key strategic moves and developments
11.10 Redis Labs Inc.
11.10.1 Company overview
11.10.2 Company snapshot
11.10.3 Operating business segments
11.10.4 Product portfolio
11.10.5 Business performance
11.10.6 Key strategic moves and developments
11.11 Altibase Corp.
11.11.1 Company overview
11.11.2 Company snapshot
11.11.3 Operating business segments
11.11.4 Product portfolio
11.11.5 Business performance
11.11.6 Key strategic moves and developments
11.12 Raima Inc.
11.12.1 Company overview
11.12.2 Company snapshot
11.12.3 Operating business segments
11.12.4 Product portfolio
11.12.5 Business performance
11.12.6 Key strategic moves and developments
11.13 VoltDB Inc.
11.13.1 Company overview
11.13.2 Company snapshot
11.13.3 Operating business segments
11.13.4 Product portfolio
11.13.5 Business performance
11.13.6 Key strategic moves and developments
11.14 Couchbase Inc.
11.14.1 Company overview
11.14.2 Company snapshot
11.14.3 Operating business segments
11.14.4 Product portfolio
11.14.5 Business performance
11.14.6 Key strategic moves and developments
11.15 DataStax Inc.
11.15.1 Company overview
11.15.2 Company snapshot
11.15.3 Operating business segments
11.15.4 Product portfolio
11.15.5 Business performance
11.15.6 Key strategic moves and developments
11.16 McObject LLC
11.16.1 Company overview
11.16.2 Company snapshot
11.16.3 Operating business segments
11.16.4 Product portfolio
11.16.5 Business performance
11.16.6 Key strategic moves and developments
11.17 MemSQL Inc.
11.17.1 Company overview
11.17.2 Company snapshot
11.17.3 Operating business segments
11.17.4 Product portfolio
11.17.5 Business performance
11.17.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'In-memory Database Market,' the in-memory database market size was valued at $5.3 billion in 2021, and is estimated to reach $30.4 billion by 2031, growing at a CAGR of 19.3% from 2022 to 2031.

An in-memory database (IMDB) stores computer data in a computer’s main memory instead of a disk drive to produce quicker response. Accessing data stored in memory eliminates the time needed to query data from a disk. In-memory databases are used by applications that depend on rapid response times and real-time data management. Industries that benefit from in-memory databases include telecommunications, banking, travel and gaming. An in-memory database is also referred to as a main memory database (MMDB), real-time database (RTDB) or in-memory database system (IMDS).

Furthermore, machine learning expansion with adoption of IoT and BYOD trends, increase in volume of data is boosting the growth of the global in-memory database market. In addition, self-service BI tools is positively impacts growth of the in-memory database market. However, data security and privacy concerns is hampering the in-memory database market growth. On the contrary, improved scalability and security with cloud-based in-memory analytics is expected to offer remunerative opportunities for expansion during the in-memory database market forecast.

On the basis of industry vertical, the IT and telecom segment dominated the in-memory database market in 2021, and is expected to maintain its dominance in the upcoming years. Adoption of in-memory database in telecom & IT organizations is growing to safeguard against threats, reducing the data loss, and security systems of large, complicated, and multifaceted organizations. Increase in use of mobile broadband and big data has propelled the need for in-memory database in the telecom sector. The market is expected to experience prominent growth, owing to increase in adoption of technologies, specifically cloud and mobility.

Depending on the region, North America dominated the In-memory database market share in 2021. In North America region, businesses are investing in their emerging technologies in order to improve their work efficiency. The rapidly evolving digital world requires efforts and advancements to keep up with subsequent increases in fraud and privacy concerns. A different simplified approach is needed, which understands the security model in order to keep data safe. Increasing identity thefts in government and public sectors may boost the adoption of protection services. Because of these factors the countries such as the United States, Canada, In-memory database have seen widespread acceptance in the North America region.

However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to growing economies such as India and China and cloud native countries like Japan.

The COVID-19 outbreak has high impact on the growth of in-memory database market, as increasing number of smartphone users, growing adoption of connected devices, and surging e-commerce sector provide lucrative opportunities for the growth of the in-memory database market. COVID has caused crises in social, economic, and energy areas and medical life worldwide throughout 2020. This crisis had many direct and indirect effects on all areas of society. In the meantime, the digital and artificial intelligence industry can be used as a professional assistant to manage and control the outbreak of the virus. In post-pandemic circumstances, enterprises strived to minimize operational and running costs around all the business functions to recover the losses incurred in covid times. The market for in-memory database observed unconstructive expansion, during the initial half of 2020. Owing to the limitations due to the global lockdown, media houses, a variety of offices, and the manufacturing divisions have observed a provisional shutting down. The demand for in-memory database is anticipated to gain steady traction over the coming years owing to the need for scalable and customized software. Due to the COVID-19 pandemic, increasing health awareness among individuals has directed various doctors and health workers to deliver their services over applications. This factor is anticipated to contribute to market growth.

KEY FINDINGS OF THE STUDY

By application, the transaction segment dominated the in-memory database market in 2021. However, the others segment is expected to exhibit significant growth during the forecast period.

By deployment model, the on premise segment dominated the in-memory database market in 2021. However, the cloud is expected to exhibit significant growth during the forecast period.

On the basis of industry vertical, the IT and telecom segment dominated the in-memory database market in 2021. However, the retail and e commerce segment is expected to witness the highest growth rate during the forecast period.

Region-wise, the in-memory database industrywas dominated by North America in 2021. However, Asia-Pacific is expected to witness significant growth in the coming years.

This report gives an in-depth profile of some key market players in the in-memory database market analysis include Altibase Corporation, Couchbase, Inc., DataStax, Inc., GridGain Systems, Inc., International Business Machine (IBM), Microsoft Corporation, McObject LLC., Oracle Corporation, Redis, Raima, Inc., SingleStore, Inc., SAP SE, TIBCO Software, Inc., Teradata Corporation, Vmware, Inc., and Volt Active Data. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which propel growth of the in-memory database industry.

Companies Mentioned

  • SAP SE
  • Tibco Software Inc.
  • Teredata Corporation
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Aerospike Inc.
  • Gridgain Systems Inc.
  • Vmware Inc.
  • Redis Labs Inc.
  • Altibase Corp.
  • Raima Inc.
  • Voltdb Inc.
  • Couchbase Inc.
  • Datastax Inc.
  • Mcobject LLC
  • Memsql Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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