Key players in the Europe In-Memory Computing Market are Altibase , Amazon , Fujitsu , Gigaspaces , Hewlett-Packard , IBM , Kinaxis , Kognitio , Microsoft & others.
(PRWEB) December 09, 2014
This market is estimated to grow from $783.2 million in 2013 to $3226.16 million by 2018, at a CAGR of 32.7% from 2013 to 2018. Europe holds the second largest market share in the global in-memory computing market, constituting a 32.3% market share in the global market.
Browse through the TOC of the Europe In-Memory Computing Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
It is evident that as the number of transactions increases in an enterprise, the amount of data also increases. In industries such as telecommunication, financial trading, online gaming and entertainment, the data generated per second is huge. Using traditional disk-based data management systems manipulation of such massive data becomes quite difficult. In the traditional disk-based system, data is stored in a hard disk and when it is required analysis or aggregation, first required data is loaded into the main-memory and then it gets processed.
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In this whole data extraction and manipulation process, the data remains in transit state and processor remains idle. In in-memory computing, data is kept on the main memory only, thereby helping enterprises to save the time wasted in I\O operations. In-memory computing provides a faster way to handle large amounts of data.
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The European in-memory computing market is segmented and forecast by in-memory data management, in-memory databases, in-memory data grids, in-memory application platforms, in-memory analytics, and in-memory application servers. The report provides insights into the various market dynamics, such as drivers and restraints. The major countries considered for the extensive and technical market analysis are Germany, the U.K., and France, among others.
North America In-Memory Computing Market
North America In-Memory Computing (IMC) market is expected to grow from $880.1 million in 2013 to $3873.2 million in 2018 at a CAGR of 34.5% during the given period. The market is primarily driven by the increased adoption of sophisticated technologies.
In-Memory Computing (IMC) allows the whole database to remain in the main memory of the system, and hence reduces several complexities such as physical space requirements and latency during analysis of bulk data. With the help of IMC, databases are compressed by data compression algorithms and back-up is maintained with the help of different algorithms such as replication algorithms. The advent of multi-core processors and rising need for predictive analysis has increased the demand for faster technologies, which can analyze data on a real-time basis. Parallel computing is another factor which is in high demand in the market, thereby triggering the need for IMC furthermore.
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