Global In-Memory Grid Market Overview
The In-Memory Grid Market is anticipated to grow by
US$87-88 billion by 2023 rapidly growing at a CAGR of 11.25% during the forecast
period. The global in-memory grid market is driven by growing demand for
distributed architecture and high availability of data. These factors have
helped shape the in-memory grid market and are expected to boost the growth.
Companies in the in-memory grid market could also face challenges such as
stringent regulations as well as high cost of maintenance. The details covered
in the in-memory grid market report cover all the aspects of the industry.
Analysts studying the in-memory grid market have also shared growth projections
in the report and have suggested in-memory grid market players to plan business
strategies accordingly.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7366
Segmental Analysis
The demand for in-memory grids is divided into two
categories of products, namely services and solutions. The market is bifurcated
into cloud and on-premise by type of deployment. The type of on-premise deployment
is projected to hold the largest market share over the forecast period. Because
of the high critical and sensitive data stored in the system, major companies
favor on-premise deployment.
The in-memory grid market is segmented by
application into transaction processing, fraud and risk management, the supply
chain, and sales and marketing.The category of transaction processing is
expected to have the greatest market share in 2017. The growing initiative for
digital transformation across industry verticals to facilitate faster and
smoother transactions has led to increasing adoption of the transaction
processing in-memory grid.
The market is segmented into BFSI, government,
healthcare, IT and telecommunications, media & entertainment, retail, and
others.
Regional study The global business regional overview
was performed in four major regions namely Asia Pacific, North America, Europe
and the rest of the world.Due to the rise in the adoption of the connected
devices and subsequent rise in data volumes, Asia-Pacific is expected to be the
fastest growing area during the prediction period. In addition, increased
government initiatives to upgrade IT infrastructure and deploy cost-effective
cloud-based solutions are expected to drive the in-memory grid market in Asia
Pacific during the forecast period. North America is projected to have the
largest market share and over the forecast period will dominate the market for
in-memory grids. As a developing economy, the area has seen heavy investments
in R&D activities to develop emerging technologies such as the Internet of
Things (IoT), big data, and social media. In addition, the presence of the
region's best multinationals further drives growth in those regions.
Competitive Analysis
The major market players operating in the global
in-memory grid market as identified by MRFR are TIBCO Software Inc. (US),
Pivotal Software, Inc.(US), IBM Corporation (US), Oracle Corporation (US),
Hazelcast, Inc. (US), Software AG (Germany), Red Hat, Inc. (US), Pivotal
Software, Inc.(US), Hitachi, Ltd. (Japan), ScaleOut Software, Inc. (US),
Hazelcast, Inc. (US), GigaSpaces Technologies Inc. (US).
Get Complete Report Details at: https://www.marketresearchfuture.com/reports/in-memory-grid-market-7366
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment