Global Industry Analysts Predicts the World In-Memory Database Market to Reach $11 Billion by 2026

SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "In-Memory Database - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 29271
Companies: 15 - Players covered include Microsoft Corporation; Oracle Corporation; SAP SE; Amazon Web Services, Inc.; Teradata; DataStax, Inc.; Kognitio Ltd.; Tableau Software, Inc.; Altibase Corp.; Enea AB; Mcobject LLC; VoltDB, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (On-Premise, On-Demand)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global In-Memory Database Market to Reach $11 Billion by 2026
Amid the COVID-19 crisis, the global market for In-Memory Database estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$11 Billion by 2026, growing at a CAGR of 19.1% over the analysis period. On-Premise, one of the segments analyzed in the report, is projected to record a 14.8% CAGR and reach US$6.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Demand segment is readjusted to a revised 24.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.4 Billion in 2021, While China is Forecast to Reach $1.9 Billion by 2026
The In-Memory Database market in the U.S. is estimated at US$1.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2026 trailing a CAGR of 18.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.5% and 16.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.