DUBLIN, November 16, 2021--(BUSINESS WIRE)--The "In-Memory Database Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global in-memory database market exhibited strong growth during 2015-2020. Looking forward, the analyst expects the global in-memory database market to grow at a CAGR of 18.7% during 2021-2026.
Amazon Web Services
An in-memory database (IMDB) relies on random-access memory (RAM) to store and manage data in a compressed and non-relational format. It is more volatile and controls different parts of the database through direct pointers and allows real-time analysis and data reporting compared to conventional disk-based databases. It also eliminates the need for query data from a disk, which helps attain faster transactions and multi-user concurrency. Consequently, it is extensively utilized in interactive online gaming, geospatial processing and developing embedded software systems worldwide. Moreover, as it reduces data indexing and IT costs, it finds application in business intelligence (BI) for storing historical data on metrics.
The widespread adoption of big data analytics, in confluence with the escalating demand for managing high-performance computing (HPC), represents one of the key factors stimulating the growth of the IMDB market. Moreover, with the growing focus on precision medicine, IMDB is gaining traction in the healthcare industry to expand functionality and improve the safety of medical devices. It also assists in real-time analysis of electronic health records, which is contributing to the market growth. Apart from this, the development of non-volatile random-access memory (NVRAM) allows IMDB to maintain data after a power outage or computer crash.
Furthermore, the application of IMDBs is increasing in cloud-based applications and e-commerce websites to improve speed and scalability. Other factors such as the rising adoption of cloud services, escalating demand for online gaming and the increasing utilization of e-commerce channels due to the coronavirus disease (COVID-19) outbreak, consequent lockdowns and social distancing measures promoted by governments of various countries are influencing the market positively.
Key Questions Answered in This Report
How has the global in-memory database market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global in-memory database market?
What are the key regional markets?
What is the breakup of the market based on the data type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end user?
What is the breakup of the market based on the vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global in-memory database market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global In-Memory Database Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Data Type
7 Market Breakup by Application
8 Market Breakup by End-user
9 Market Breakup by Vertical
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/k8bf9n
View source version on businesswire.com: https://www.businesswire.com/news/home/20211116005745/en/
Laura Wood, Senior Press Manager
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