The global in-memory OLAP database market to grow at a CAGR of 24.95% during the period 2016-2020.
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.
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.
Increasing demand for memory devices will be a key trend for market growth. The availability of in-memory processing with the help of online analytical processing (OLAP) tool at a lower price when compared with other BI tools, has increased the demand for this technology. As it can be easily deployed and maintained, the adoption of in-memory technology has progressed over traditional BI among data warehouse vendors.
With the demand for the in-memory database, new providers of this technology are entering the market with features that can have an advantage over their competitors. For example, after SAP and Oracle, IBM and Microsoft have built in-memory technology into DB2 and SQL Server. With organizations preferring to store a large amount of data in the memory for faster computing, the demand for in-memory databases have increased.
- SAP SE
Other prominent vendors
- Jedox AG
- SAS Institute
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Five forces model
Part 14: Vendor landscape
Part 15: Vendor matrix
Part 16: Key vendor analysis
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/jlk82b/global_inmemory