In-memory computing technology is used for storing data in the main random access memory of the device. It is and easy and inexpensive option than the conventional yet complicated relational database. In-memory database technology is highly popular amongst retailers, utilities, customers like banks and other business end users. End users like business customers prefer using this technology to detect patterns and analyze massive data in a short while. Recent drop in the prices is one of the major triggers for the growing global in-memory computing market. According to the experts, global industry for this technology is expected to witness great revolution in terms of technological advancements and increasing presence in different parts of the world.
http://www.marketsandmarkets.com/Market-Reports/in-memory-computing-820.html
Before understanding the market trends for this technology, researchers need to do a detailed study of the drivers, threats, segments, opportunities and future challenges in the marketplace. Segmentation is a crucial aspect of any research that assists experts to collect thorough information and draw appropriate conclusions. As far as the segmentation in this market is concerned, it is largely based on the types of the technology and its applications to the end users and different business verticals.
Small and medium businesses and large enterprises are the major end users for in-memory computing market. As far as industrial verticals are concerned, the industry serves numerous business verticals including retail, banking, finance, telecommunication, government, logistics, transportation and others. Following are the four basic types of in-memory database technology:
Small and medium businesses and large enterprises are the major end users for in-memory computing market. As far as industrial verticals are concerned, the industry serves numerous business verticals including retail, banking, finance, telecommunication, government, logistics, transportation and others. Following are the four basic types of in-memory database technology:
- In-Memory Databases (IMDB)
- In-Memory Data Grids (IMDG)
- In-Memory Data Management (IMDM)
- In-Memory Application Platforms (IMAP
Although introduced in the 20th century, the global market has showed a very slow progress in terms of adopting this technology. However, the scenario is changing with recent technological advancements and steeping prices in global marketplace.
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