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In-Memory Data Grid Market by Component, Business Application (Transaction Processing, Fraud and Risk Management, Supply Chain Optimization), Industry Vertical, Organization Size, Deployment Type, and Region - Global Forecast to 2023

In-Memory Data Grid Market by Component, Business Application (Transaction Processing, Fraud and Risk Management, Supply Chain Optimization), Industry Vertical, Organization Size, Deployment Type, and Region - Global Forecast to 2023

Increasing use of distributed architecture to enhance limited storage capacity of main memory to drive the in-memory data grid market
The global in-memory data grid market size is expected to grow from USD 1.4 billion in 2018 to USD 2.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period. The in-memory data grid market is driven by various factors, such as the use of distributed architecture to enhance limited storage capacity of main memory, and focus on eliminating the need for relational data model and database. However, system or components failure which may result in loss of data, can hinder the growth of the market.

The fraud and risk management segment to grow at the highest CAGR during the forecast period
Organizations use fraud and risk management applications to enhance their risk intelligence capabilities to overcome risk exposures. Risk management has become a top focus for regulatory bodies around the world. It has increasingly become important for several businesses to provide accurate and timely risk reporting to regulatory agencies. Using in-memory data grid helps unify corporate risk data, perform the required analytics, and report relatively easy as compared to traditional methods of data management.

The BFSI vertical to hold the largest market size during the forecast period
Financial organizations across the globe are looking for in-memory data grid solutions which can process data in real time and improve the performance of their business-critical applications. Trading systems with high transaction rates are examples of environments best-suited for the in-memory data grid. It enables financial applications with real-time analytics due to faster data access and high throughput in use cases, such as trading, fraud detection, risk management, and portfolio management. Using in-memory data grid solution would enable financial organizations to improve their marketing strategies and customer retention policies, develop new investment strategies, and mitigate risks.

Asia Pacific (APAC) to record the highest growth rate during the forecast period
APAC is expected to grow at the highest CAGR during the forecast period, due to an increasing demand for in-memory data grid. Major APAC countries, such as China, Australia and New Zealand, India, and Singapore, provide significant opportunities for the adoption of the in-memory data grid solutions across industry verticals. Meanwhile, North America is projected to hold the largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the in-memory data grid marketplace.

The following list provides the breakup of primary respondents’ profiles:
By company type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By designation: C-level - 35%, D-level - 25%, and Others - 40%
By region: North America - 40%, Europe - 30%, APAC - 20%, MEA - 5%, and Latin America - 5%

Major vendors offering in-memory data grid solutions across the globe include IBM (US), Oracle (US), Red Hat (US), Software AG (Germany), Pivotal (US), Hitachi (Japan), Hazelcast (US), TIBCO (US), GridGain (US), ScaleOut Software (US), GigaSpaces (US), Alachisoft (US), and TmaxSoft (US). The study includes an in-depth competitive analysis of these key players in the in-memory data grid market, with their company profiles, recent developments, and key market strategies.

Research coverage
This research study covers the segmentation of the in-memory data grid market by component, business application, deployment type, organization size, industry vertical, and region. These segments are mapped across 5 major regions: North America, Europe, Asia Pacific, the Middle East and Africa and Latin America. The report provides in-depth market intelligence regarding key factors, such as drivers, opportunities, and challenges, influencing the growth of the in-memory data grid market across the globe. It also offers an analysis of micromarkets with respect to individual growth trends, prospects, and their contribution to the overall in-memory data grid market.

Key benefits of buying the report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue numbers for the overall in-memory data grid market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET BREAKUP AND DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • ASSUMPTIONS FOR THE STUDY
    • LIMITATIONS OF THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE IN-MEMORY DATA GRID MARKET
    • IN-MEMORY DATA GRID MARKET, BY BUSINESS APPLICATION AND COUNTRY (2018)
    • IN-MEMORY DATA GRID MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • USE CASE 1: PIVOTAL SOFTWARE
      • USE CASE 2: HAZELCAST
  • IN-MEMORY DATA GRID MARKET, BY COMPONENT
    • INTRODUCTION
      • Table IN-MEMORY DATA GRID MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
    • SOLUTION
      • GROWING NEED TO HAVE STREAMLINED AND HIGH-PERFORMING APPLICATIONS TO DRIVE THE ADOPTION OF THE IN-MEMORY DATA GRID SOLUTION AMONG ENTERPRISES
        • Table SOLUTION: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • PROFESSIONAL SERVICES
      • Table PROFESSIONAL SERVICES MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table PROFESSIONAL SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • CONSULTING
        • Table CONSULTING MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • SUPPORT AND MAINTENANCE
        • Table SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • EDUCATION
        • Table EDUCATION MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • IN-MEMORY DATA GRID MARKET, BY BUSINESS APPLICATION
    • INTRODUCTION
      • Table BUSINESS APPLICATION MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • TRANSACTION PROCESSING
      • GROWING NEED FOR FASTER AND SMOOTHER TRANSACTIONS TO DRIVE THE ADOPTION OF IN-MEMORY DATA GRID IN THE TRANSACTION PROCESSING BUSINESS APPLICATION
        • Table TRANSACTION PROCESSING: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • FRAUD AND RISK MANAGEMENT
      • REGULATORY COMPLIANCES AMONG ORGANIZATIONS TO BOOST THE ADOPTION OF IN-MEMORY DATA GRID IN THE FRAUD AND RISK MANAGEMENT BUSINESS APPLICATION
        • Table FRAUD AND RISK MANAGEMENT: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SUPPLY CHAIN OPTIMIZATION
      • GROWING NEED FOR HANDLING LARGE DATASETS TO DRIVE THE ADOPTION OF IN-MEMORY DATA GRID IN THE SUPPLY CHAIN OPTIMIZATION BUSINESS APPLICATION
        • Table SUPPLY CHAIN OPTIMIZATION: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SALES AND MARKETING OPTIMIZATION
      • ADOPTING IN-MEMORY DATA GRID FOR ANALYZING CUSTOMER DATA TO IMPROVE SALES AND MARKETING OPERATIONS
        • Table SALES AND MARKETING OPTIMIZATION: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • IN-MEMORY DATA GRID MARKET, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table IN-MEMORY DATA GRID MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • DEMAND FOR REAL-TIME ANALYSIS OF DATA GENERATED FROM FINANCIAL APPLICATIONS TO DRIVE THE GROWTH OF THE INMEMORY DATA GRID MARKET
        • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • GROWING FOCUS OF ORGANIZATIONS TO DELIVER QUALITY CONTENT AT FAST PACE TO DRIVE THE GROWTH OF THE IN-MEMORY DATA GRID MARKET
        • Table MEDIA AND ENTERTAINMENT: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • CONSUMER GOODS AND RETAIL
      • DRIVING SALES BY IMPROVING OPERATIONAL EFFICIENCIES TO DRIVE THE GROWTH OF THE IN-MEMORY DATA GRID MARKET
        • Table CONSUMER GOODS AND RETAIL: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • DEMAND FOR PROACTIVE DIAGNOSTIC SERVICES TO ENHANCE PATIENT EXPERIENCE TO DRIVE THE GROWTH OF THE IN-MEMORY DATA GRID MARKET
        • Table HEALTHCARE AND LIFE SCIENCES: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • MANUFACTURING
      • INCREASING NEED FOR REAL-TIME PRODUCTION PLANNING AND DEMAND FORECASTING TO DRIVE THE GROWTH OF THE IN-MEMORY DATA GRID MARKET
        • Table MANUFACTURING: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TELECOM AND IT
      • GROWING NEED FOR ORGANIZATIONS TO CATER DYNAMIC CUSTOMER PREFERENCES TO DRIVE THE GROWTH OF THE INMEMORY DATA GRID MARKET
        • Table TELECOM AND IT: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TRANSPORTATION AND LOGISTICS
      • DEMAND FROM ORGANIZATIONS FOR ACCURATE INFORMATION TO MAKE BETTER BUSINESS DECISIONS TO DRIVE THE GROWTH OF THE IN-MEMORY DATA GRID MARKET
        • Table TRANSPORTATION AND LOGISTICS: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • IN-MEMORY DATA GRID MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table IN-MEMORY DATA GRID MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
    • LARGE ENTERPRISES
      • DEMAND FOR HIGH-PERFORMANCE COMPUTING TO DRIVE THE GROWTH OF THE IN-MEMORY DATA GRID MARKET
        • Table LARGE ENTERPRISES: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • NEED FOR COST-EFFECTIVE SOLUTIONS OFFERING HIGH SCALABILITY AND ENHANCED SYSTEM PERFORMANCE TO DRIVE THE GROWTH OF IN-MEMORY DATA GRID MARKET
        • Table SMALL AND MEDIUM-SIZED ENTERPRISES: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • IN-MEMORY DATA GRID MARKET, BY DEPLOYMENT TYPE
    • INTRODUCTION
      • Table IN-MEMORY DATA GRID MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
    • ON-PREMISES
      • SECURITY CONCERNS AMONG ENTERPRISES TO DRIVE THE ADOPTION OF THE ON-PREMISES IN-MEMORY DATA GRID SOLUTION
        • Table ON-PREMISES: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • CLOUD
      • SCALABILITY AND COST-EFFECTIVENESS ARE THE MAJOR ADVANTAGES TO ADOPT A CLOUD-BASED IN-MEMORY DATA GRID SOLUTION
        • Table CLOUD: IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • IN-MEMORY DATA GRID MARKET, BY REGION
    • INTRODUCTION
      • Table IN-MEMORY DATA GRID MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY BUSINESS APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • UNITED STATES
      • CANADA
    • EUROPE
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY BUSINESS APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: IN-MEMORY DATA GRID MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY BUSINESS APPLICATION, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: IN-MEMORY DATA GRID MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA AND NEW ZEALAND
      • REST OF ASIA PACIFIC
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY BUSINESS APPLICATION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IN-MEMORY DATA GRID MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • KINGDOM OF SAUDI ARABIA
      • UNITED ARAB EMIRATES
      • SOUTH AFRICA
      • REST OF MIDDLE EAST AND AFRICA
    • LATIN AMERICA
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY BUSINESS APPLICATION, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: IN-MEMORY DATA GRID MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • BRAZIL
      • MEXICO
      • REST OF LATIN AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SCENARIO
      • PRODUCT/SERVICE/SOLUTION LAUNCHES AND ENHANCEMENTS
        • Table PRODUCT/SERVICE/SOLUTION LAUNCHES AND ENHANCEMENTS, 2015-2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2016-2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2015-2018
      • PARTNERSHIPS
        • Table PARTNERSHIPS, 2014-2018
  • COMPANY PROFILES
    • INTRODUCTION
    • ORACLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • PLATFORMS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HAZELCAST
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCALE OUT SOFTWARE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TIBCO SOFTWARE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RED HAT
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SOFTWARE AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GIGASPACES
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GRIDGAIN SYSTEMS
      • BUSINESS OVERVIEW
      • PLATFORMS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ALACHISOFT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PIVOTAL
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TMAXSOFT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • MNM VIEW
    • HITACHI
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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