Press release
In-Memory Data Grid Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028
In-memory Data Grid Market Introduction
An in-memory data grid is a data structure that is distributed across multiple servers of a system, however resides only in its RAM (random access memory). In-memory data grids are used in various data processes to enhance data processing systems of a business. The primary role that an in-memory data grid plays in a system is to avoid data processing delays associated with the traditional input/output bottlenecks in relational databases of a system, for which most developers make use of object-oriented designs.
The needs for external storage and electromechanical mass storage media have been obviated by the technological advancements in multicore, 64-bit systems that enable storing terabytes of data in RAM. Thereby, with the use of an in-memory data grid, end-users are aiming to enhanced performance of RAM by improving the speed of processing data on it. Thereby, a distributed cluster with an in-memory data grid residing in it can ensure both capacity of the system to access and process data by using scalability features provided by a cluster and speed, by storing data in-memory/in RAM.
Vendors in the in-memory data grid market are aiming to capitalize on sales opportunities by focusing on its applications in e-commerce, financial-instrument pricing in banks, cloud applications reservation systems in the transportation industry, and user-preference calculations in various web applications.
Get Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4890
In-memory Data Grid Market – Notable Developments
In May 2018, Red Hat Inc. – an American multinational software company in the in-memory data grid market – entered a strategic partnership with another American multinational information technology company in the in-memory data grid market – IBM (International Business Machines Corporation). With the collaboration, the company aims to integrate services and technologies to focus on growth opportunities in a hybrid cloud sector. Both the companies also declared their mutual goals to offer their customers the combined benefits of technologies deployed by both, Red Hat and IBM, on private as well as public cloud.
In January 2019, GridGain Systems – a privately held, U.S.-based information technology company in the in-memory data grid market – announced the integration of automatic disk-based data persistence with GridGain Cloud, its in-memory-computing-platform-as-a-service (imcPaaS) solution. The new feature of GridGain’s in-memory data grid ensures immediate data access whenever there is no option to a cluster restart. The company is continually upgrading the consisting designs of its in-memory data grids to offers more scalability and speed through such initiatives that involve artificial intelligence and digital transformations.
In March 2018, Oracle Corporation – an American multinational computer technology corporation in the in-memory data grid market – announced that it has opened a state-of-the-art cloud campus with a 560,000-square-foot office building in Austin, Texas. With this expansion of its capabilities, the company is aiming to strengthen its position in the market by bolstering developments of next-generation technologies, such as machine learning and Artificial Intelligence (AI). In the new cloud campus, Oracle will provide all the necessary resources for the development of cloud technologies, which will ultimately help the company to expand its business operations in the in-memory data grid market.
Some of the most prominent competitors operating in the competitive landscape of global In-memory data grid market include –
Red Hat
IBM
Software AG
Hitachi
Oracle Alachisoft
Hazelcast
ScaleOut Software
GigaSpaces
Pivotal
GridGain
TmaxSoft
TIBCO
To get Incredible Discounts on this Premium Report, Click Here @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=4890
In-memory Data Grid Market Dynamics
Growing Needs for Attaining Unprecedented Levels of Speed at Data Processing Drive the Market
Modern organizations across various industrial sectors are adopting Information Technology (IT) services to enhance their business operations by improving the digital quotient of their business. With the recent advancements in technologies, end-users are expecting unprecedented levels of speed and scalability at accessing and processing data. Furthermore, in-memory data grids offer extraordinary benefits over traditional disk-based data storage systems as, due to their high access latency, hard discs do not offer timely response. Thereby, taking into consideration the increasing needs for eliminating the need for relational database and improving the data storage and processing capability of RAM with a distributed architecture is expected to boost growth of the in-memory data grid market.
Vendors in the In-memory Data Grid Market to Capitalize on Lucrative Opportunities in the BFSI Sector
Financial organizations around the world have to deal with sensitive information involving critical financial transactions. As any error in the data access and processing systems can lead to severe implications in terms for financial as well as ethical problems. Thereby, financial organizations, including Banking, Financial Services, and Insurance (BFSI) institutions are inclined towards growing digitally. Thereby, adoption of in-memory data grids is likely to increase in the BFSI sector with an ultimate aim of building a flexible, lean, and efficient data processing system.
In-memory Data Grid Market Segmentation
Based on the components, the in-memory data grid market is segmented into,
Services
Support and Maintenance
Consulting
Education
Solutions
Based on the deployment types, the in-memory grid market is segmented into,
On-premises
Cloud
Based on the size of the organization, the in-memory data grid market is segmented into,
Large Enterprises
Small- and Medium-sized Enterprises (SMEs)
Based on its applications, the in-memory data grid market is segmented into,
Transaction Processing
Supply Chain Optimization
Fraud and Risk Management
Sales and Marketing Optimization
Based on end-use industries, the in-memory data grid market is segmented into,
Banking, Financial Services, and Insurance (BFSI)
Manufacturing
Transportation and Logistics
Media and Entertainment
Telecommunications and Information Technology
Healthcare and Life Sciences
Consumer Goods and Retail
Request For TOC @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=4890
About TMR Research:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
An in-memory data grid is a data structure that is distributed across multiple servers of a system, however resides only in its RAM (random access memory). In-memory data grids are used in various data processes to enhance data processing systems of a business. The primary role that an in-memory data grid plays in a system is to avoid data processing delays associated with the traditional input/output bottlenecks in relational databases of a system, for which most developers make use of object-oriented designs.
The needs for external storage and electromechanical mass storage media have been obviated by the technological advancements in multicore, 64-bit systems that enable storing terabytes of data in RAM. Thereby, with the use of an in-memory data grid, end-users are aiming to enhanced performance of RAM by improving the speed of processing data on it. Thereby, a distributed cluster with an in-memory data grid residing in it can ensure both capacity of the system to access and process data by using scalability features provided by a cluster and speed, by storing data in-memory/in RAM.
Vendors in the in-memory data grid market are aiming to capitalize on sales opportunities by focusing on its applications in e-commerce, financial-instrument pricing in banks, cloud applications reservation systems in the transportation industry, and user-preference calculations in various web applications.
Get Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4890
In-memory Data Grid Market – Notable Developments
In May 2018, Red Hat Inc. – an American multinational software company in the in-memory data grid market – entered a strategic partnership with another American multinational information technology company in the in-memory data grid market – IBM (International Business Machines Corporation). With the collaboration, the company aims to integrate services and technologies to focus on growth opportunities in a hybrid cloud sector. Both the companies also declared their mutual goals to offer their customers the combined benefits of technologies deployed by both, Red Hat and IBM, on private as well as public cloud.
In January 2019, GridGain Systems – a privately held, U.S.-based information technology company in the in-memory data grid market – announced the integration of automatic disk-based data persistence with GridGain Cloud, its in-memory-computing-platform-as-a-service (imcPaaS) solution. The new feature of GridGain’s in-memory data grid ensures immediate data access whenever there is no option to a cluster restart. The company is continually upgrading the consisting designs of its in-memory data grids to offers more scalability and speed through such initiatives that involve artificial intelligence and digital transformations.
In March 2018, Oracle Corporation – an American multinational computer technology corporation in the in-memory data grid market – announced that it has opened a state-of-the-art cloud campus with a 560,000-square-foot office building in Austin, Texas. With this expansion of its capabilities, the company is aiming to strengthen its position in the market by bolstering developments of next-generation technologies, such as machine learning and Artificial Intelligence (AI). In the new cloud campus, Oracle will provide all the necessary resources for the development of cloud technologies, which will ultimately help the company to expand its business operations in the in-memory data grid market.
Some of the most prominent competitors operating in the competitive landscape of global In-memory data grid market include –
Red Hat
IBM
Software AG
Hitachi
Oracle Alachisoft
Hazelcast
ScaleOut Software
GigaSpaces
Pivotal
GridGain
TmaxSoft
TIBCO
To get Incredible Discounts on this Premium Report, Click Here @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=4890
In-memory Data Grid Market Dynamics
Growing Needs for Attaining Unprecedented Levels of Speed at Data Processing Drive the Market
Modern organizations across various industrial sectors are adopting Information Technology (IT) services to enhance their business operations by improving the digital quotient of their business. With the recent advancements in technologies, end-users are expecting unprecedented levels of speed and scalability at accessing and processing data. Furthermore, in-memory data grids offer extraordinary benefits over traditional disk-based data storage systems as, due to their high access latency, hard discs do not offer timely response. Thereby, taking into consideration the increasing needs for eliminating the need for relational database and improving the data storage and processing capability of RAM with a distributed architecture is expected to boost growth of the in-memory data grid market.
Vendors in the In-memory Data Grid Market to Capitalize on Lucrative Opportunities in the BFSI Sector
Financial organizations around the world have to deal with sensitive information involving critical financial transactions. As any error in the data access and processing systems can lead to severe implications in terms for financial as well as ethical problems. Thereby, financial organizations, including Banking, Financial Services, and Insurance (BFSI) institutions are inclined towards growing digitally. Thereby, adoption of in-memory data grids is likely to increase in the BFSI sector with an ultimate aim of building a flexible, lean, and efficient data processing system.
In-memory Data Grid Market Segmentation
Based on the components, the in-memory data grid market is segmented into,
Services
Support and Maintenance
Consulting
Education
Solutions
Based on the deployment types, the in-memory grid market is segmented into,
On-premises
Cloud
Based on the size of the organization, the in-memory data grid market is segmented into,
Large Enterprises
Small- and Medium-sized Enterprises (SMEs)
Based on its applications, the in-memory data grid market is segmented into,
Transaction Processing
Supply Chain Optimization
Fraud and Risk Management
Sales and Marketing Optimization
Based on end-use industries, the in-memory data grid market is segmented into,
Banking, Financial Services, and Insurance (BFSI)
Manufacturing
Transportation and Logistics
Media and Entertainment
Telecommunications and Information Technology
Healthcare and Life Sciences
Consumer Goods and Retail
Request For TOC @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=4890
About TMR Research:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
