In-memory Data Grid Market Size to Grow by USD 1.51 Billion | Growth of Big Data to Drive Growth| Technavio


NEW YORK, May 16, 2022 /PRNewswire/ — The in-memory data grid market growth will be led by North America. The region will account for 38% of the market’s growth during the forecast period. The market size is anticipated to grow by USD 1.51 billion from 2021 to 2026, and the growth momentum of the market will witness a CAGR of 11.65% during the forecast period.

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Driver and Challenge

The growth of big data is driving the growth of the global in-memory data grid industry growth. Most businesses and consumer-based applications generate large amounts of structured and unstructured data. This collected data is stored in data center storage infrastructure. Some data is also stored on-premise at the enterprise location. This data is used to derive insights, which help enterprises make crucial operational and managerial decisions. Big data analytical software is used to identify trends and patterns. A major driver for the increasing volume of data is the growth of the ecosystem of interrelated computing devices, objects, and machines, which do not need human intervention. Thus, there is a need for big data, which will, in turn, drive the demand for in-memory data grids globally during the forecast period.

Maintaining data security is challenging the growth of the global in-memory data grid market. The existing security applications are unable to protect the large volumes of data sets and manage dynamic and continuous data streams, which are used for big data analysis. Enterprises have been the targets of cyberattacks over the past few years. Thus, enterprises must ensure the security of their devices and applications, which will safeguard the data in the event of a network breach. The exposure of even one device in the network to the attackers can cause a severe data breach. This will restrict the market growth during the forecast period.

Major In-memory Data Grid Companies

  • GigaSpaces Technologies Ltd.
  • Alachisoft
  • GridGain Systems Inc.
  • Hazelcast Inc.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • Kinetica DB Inc.
  • Oracle Corp.
  • PARIS Technologies International Inc.
  • Red Hat Inc.
  • Redis Inc.
  • ScaleOut Software Inc.
  • SingleStore Inc.
  • Software AG
  • Splice Machine Inc.
  • The Apache Software Foundation
  • TIBCO Software Inc.
  • TmaxSoft Inc.
  • VMware Inc.

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In-memory Data Grid Market Deployment Outlook (Revenue, USD bn, 2021-2026)

  • On-premise – size and forecast 2021-2026
  • Cloud – size and forecast 2021-2026

In-memory Data Grid Market Geography Outlook (Revenue, USD bn, 2021-2026)

  • North America – size and forecast 2021-2026
  • APAC – size and forecast 2021-2026
  • Europe – size and forecast 2021-2026
  • South America – size and forecast 2021-2026
  • Middle East and Africa – size and forecast 2021-2026

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Regional Analysis

North America will have the highest market share growth during the forecast period. The rapid adoption of big data, due to the need to reduce operating expenses, will drive the growth of the in-memory data grid market in North America during the forecast period. Moreover, market growth in this region will be faster than the growth of the market in the Middle East and Africa. The US is a key country for the in-memory data grids market in North America.

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In-memory Data Grid Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 11.65%

Market growth 2022-2026

USD 1.51 billion

Market structure

Fragmented

YoY growth (%)

11.11

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

GigaSpaces Technologies Ltd., Alachisoft, GridGain Systems Inc., Hazelcast Inc., Hitachi Ltd., International Business Machines Corp., Kinetica DB Inc., Oracle Corp., PARIS Technologies International Inc., Red Hat Inc., Redis Inc., ScaleOut Software Inc., SingleStore Inc., Software AG, Splice Machine Inc., The Apache Software Foundation, TIBCO Software Inc., TmaxSoft Inc., and VMware Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Deployment

  • 5.1 Market segments
    • Exhibit 24: Chart on Deployment – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Deployment – Market share 2021-2026 (%)
  • 5.2 Comparison by Deployment
    • Exhibit 26: Chart on Comparison by Deployment
    • Exhibit 27: Data Table on Comparison by Deployment
  • 5.3 On-premise – Market size and forecast 2021-2026
    • Exhibit 28: Chart on On-premise – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on On-premise – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on On-premise – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on On-premise – Year-over-year growth 2021-2026 (%)
  • 5.4 Cloud – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Cloud – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Cloud – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Cloud – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Cloud – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Deployment
    • Exhibit 36: Market opportunity by Deployment ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 APAC – Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.5 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Germany – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.11 Japan – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.12 UK – Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Alachisoft
    • Exhibit 89: Alachisoft – Overview
    • Exhibit 90: Alachisoft – Product / Service
    • Exhibit 91: Alachisoft – Key offerings
  • 10.4 GigaSpaces Technologies Ltd.
    • Exhibit 92: GigaSpaces Technologies Ltd. – Overview
    • Exhibit 93: GigaSpaces Technologies Ltd. – Product / Service
    • Exhibit 94: GigaSpaces Technologies Ltd. – Key offerings
  • 10.5 GridGain Systems Inc.
    • Exhibit 95: GridGain Systems Inc. – Overview
    • Exhibit 96: GridGain Systems Inc. – Product / Service
    • Exhibit 97: GridGain Systems Inc. – Key offerings
  • 10.6 Hazelcast Inc.
    • Exhibit 98: Hazelcast Inc. – Overview
    • Exhibit 99: Hazelcast Inc. – Product / Service
    • Exhibit 100: Hazelcast Inc. – Key offerings
  • 10.7 Hitachi Ltd.
    • Exhibit 101: Hitachi Ltd. – Overview
    • Exhibit 102: Hitachi Ltd. – Business segments
    • Exhibit 103: Hitachi Ltd. – Key news
    • Exhibit 104: Hitachi Ltd. – Key offerings
    • Exhibit 105: Hitachi Ltd. – Segment focus
  • 10.8 International Business Machines Corp.
    • Exhibit 106: International Business Machines Corp. – Overview
    • Exhibit 107: International Business Machines Corp. – Business segments
    • Exhibit 108: International Business Machines Corp. – Key offerings
    • Exhibit 109: International Business Machines Corp. – Segment focus
  • 10.9 Kinetica DB Inc.
    • Exhibit 110: Kinetica DB Inc. – Overview
    • Exhibit 111: Kinetica DB Inc. – Product / Service
    • Exhibit 112: Kinetica DB Inc. – Key offerings
  • 10.10 Oracle Corp.
    • Exhibit 113: Oracle Corp. – Overview
    • Exhibit 114: Oracle Corp. – Business segments
    • Exhibit 115: Oracle Corp. – Key news
    • Exhibit 116: Oracle Corp. – Key offerings
    • Exhibit 117: Oracle Corp. – Segment focus
  • 10.11 PARIS Technologies International Inc.
    • Exhibit 118: PARIS Technologies International Inc. – Overview
    • Exhibit 119: PARIS Technologies International Inc. – Product / Service
    • Exhibit 120: PARIS Technologies International Inc. – Key offerings
  • 10.12 The Apache Software Foundation
    • Exhibit 121: The Apache Software Foundation – Overview
    • Exhibit 122: The Apache Software Foundation – Product / Service
    • Exhibit 123: The Apache Software Foundation – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 124: Inclusions checklist
    • Exhibit 125: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 126: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 127: Research methodology
    • Exhibit 128: Validation techniques employed for market sizing
    • Exhibit 129: Information sources
  • 11.5 List of abbreviations
    • Exhibit 130: List of abbreviations

About Technavio

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With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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