- This market research analysis presents detailed segmentations of the distributed data grid market by end users (BFSI, telecommunications, retailers, and government). The report provides market shares and forecast for its key regions, including the Americas, EMEA, and APAC. Key findings also include an analysis of the leading vendors such as IBM, Oracle, Red Hat, and VMware.
Technavio’s market research analyst estimate the distributed data grid market to reach over $2400 by 2019, owing to wide implementation of distributed data grid software as a stand-alone solution to handle the growing volumes of data in enterprises.
BFSI, telecommunications, retailers are the major end-users of distributed data grids. Banking and financial sectors, the earliest adopters of distributed data grid technology, are increasingly using this optimized machinery to manage their financial transactions and the related cash and profits.
Americas led the distributed data grid market in 2014 occupying around 52% of the total market share. Technavio’s analysts have tracked and analysed the high adoption rates of grid computing across several industries in the Americas, such as defence, retail, telecommunications, BFSI and the gaming sectors. Also, major market vendors such as Oracle, IBM and SAP are based out of this region; US and Canada are the leading markets of distributed data grids in the Americas.
Source: Technavio Research
“Distributed data grids have the best-suited ability to handle fast-changing application data and increasing application performance. The in-memory distributed data grid software transfers the collected data into RAM memory and distributes it across multiple servers. Such process helps companies to access easily the data, improve scalability, and carry out better data analysis. The continuous flow of data across industries has spurred various opportunities for market vendors to offer solutions highlighting high storing and analytical capabilities,” says Navin Rajendra, Lead Analyst, Data Center, Technavio Research.
The distributed data grid market provides an opportunity for companies of in-memory computing software. Leading vendors in the market are IBM, Oracle, Red Hat, Software AG and VMware. The market is characterized by increased consolidation among vendors, where large vendors are targeting smaller companies to extend their client base and utilize the untapped potential of SMEs.
A more detailed analysis is available in the Technavio report, Distributed Data Grid Market – Industry Analysis 2015-2019.
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