World In-memory OLAP Database Market 24.95% CAGR Growth to 2020

ReportsnReports.com adds a new research report Global In-memory OLAP Database Market 2016-2020. The report, Global In-Memory OLAP Database Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

This analyst forecast the global in-memory OLAP database market to grow at a CAGR of 24.95% during the period 2016-2020.

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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.

This 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.

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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

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