- Market to grow at 43.86 percent CAGR during 2014-2018
TechNavio, an independent London-based research firm has found that SAP AG as the leading vendor in the Global In-memory Computing market. The forecast is for the period 2014-2018.
As per research analysis, SAP is the leader in the Global In-memory Computing market globally. SAP’s In-Memory Computing in product form with the introduction of SAP Search and Classification, also known as Text Retrieval and Information Extraction (TREX) is helping the company with searching and classifying large volumes of structured and unstructured data. SAP combined TREX technology with its data warehousing and business intelligence solutions including SAP NetWeaver BW Accelerator and SAP MaxDB (with in-memory capability) is helping in developing in-memory database appliance for a wide range of applications. All of this is helping SAP create a niche for itself in this market. Other players like Altibase, GridGain Systems, IBM, Microsoft, Oracle, QlikTech, ScaleOut Software, Tibco Software are competing with SAP globally and coming out with new solutions to increase their market share.
Speaking on this occasion, one of the senior analysts and co-author of this report said, “The Global In-memory Computing market is a fragmented market, which is creating opportunities for mergers and acquisitions. Both large enterprise application vendors and core in-memory application vendors are entering into mergers and acquisition strategies for improving their market presence and expanding their reach in the market. As other vendors are seeking to enter into this market and gain the market share, more acquisitions are anticipated in the future.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted an in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on the Global In-memory Computing Market 2014-2018, please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global In-memory Computing Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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