According to a new market report published by Lucintel, the future of the
in-memory database market looks promising with opportunities in the healthcare and life science, BFSI, manufacturing, retail and consumer goods, IT and telecommunication, and transportation industries. The global in-memory database market is expected to grow with a CAGR of 20% from 2021 to 2026. The major drivers for this market are growing demand for real-time monitoring of data and growth in demand for analytical data processing from end use industries.
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In this market, relational, NoSQL, and NewSQL are the major data type segments. NewSQL in-memory databases is expected to witness the highest growth over the forecast period due to better performance to scale online transaction processing as compared to other in-memory database solutions.
Within the in-memory database market, BFSI will remain the largest end use industry during the forecast period due to increasing database of clients that require better database system.
Asia Pacific will remain the largest region during the forecast period due to rapid industrialization and need for faster and reliable processing data by various end use industries.
Microsoft, IBM, Oracle, SAP SE, Teradata, Amazon Web Services, Tableau, Kognitio, VoltDB, and DataStax are among the major in-memory database manufacturers.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global in-memory database market by data type, application, processing type, organization size, end use industry, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global In-Memory Database Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global in-memory database market by data type, application, processing type, organization size, end use industry, and region as follows:
By Data Type [$M shipment analysis for 2015 – 2026]:
By Application [$M shipment analysis for 2015 – 2026]:
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Transaction
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Reporting
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Analytics
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Others
By Processing Type [$M shipment analysis for 2015 – 2026]:
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Online Analytical Processing (OLAP)
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Online Transaction Processing (OLTP)
By Organization Size [$M shipment analysis for 2015 – 2026]:
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Large Enterprises
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Small and Medium Enterprises
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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Healthcare and Life Sciences
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BFSI
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Manufacturing
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Retail and Consumer Goods
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IT and Telecommunication
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Transportation
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Other industries
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
