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Global In-Memory OLAP Database Market to grow at a CAGR of 24.95% during the period 2016-2020.

Press Release   •   Oct 17, 2016 05:09 EDT

About In-Memory Database

The in-memory database is one of the subcomponents of IMDM, the other subcomponent being in-memory data grid (IMDG). IMDM and in-memory application platform (IMAP) are the components of in-memory computing (IMC), which form the base of this technology. The primary purpose of in-memory processing technology is to enable real-time analyses and allow organizations to store data in RAM rather than in traditional disk storages, which reduces their operational costs.

Technavios analysts forecast the Global In-Memory OLAP Database Market to grow at a CAGR of 24.95% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global in-memory OLAP database market for 2016-2020. To calculate the market size, the report considers the market value of in-memory computing in 2015.

The market is divided into the following segments based on geography:

Americas

APAC

Europe

MEA

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Technavio's report, Global In-Memory OLAP Database Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Altibase

IBM

Microsoft

Oracle

SAP SE

Other prominent vendors

Exasol

Jedox AG

Kognitio

Mcobject

MemSQL

MicroStrategy

SAS Institute

Teradata

Terracotta

VoltDB

Market driver

Increased adoption among SMEs

For a full, detailed list, view our report

Market challenge

Hardware specification requirements

For a full, detailed list, view our report

Market trend

Parallel processing of columnar database

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?