Distributed Data Grid Market - Industry Analysis 2015-2019

Overview of the distributed data grid market 

A distributed data grid is a data storage software and enables different kinds of data processing by storing both structured and unstructured data. The improved performance, scalability, and high market responsiveness of distributed data grid technologies have driven its demand especially in the BFSI, retail and government sectors. The report predicts that the distributed data grid market would pick traction in the next five years with a growth rate of around 36%.

The emergence of internet of things (IoT) is also driving the growth of the market. The IoT connects devices with the help of inbuilt sensors and embedded systems and the data collected can be tracked and analyzed to provide personalized and highly automated solutions to clients. Distributed data grids can be used to track and analyze data in real-time thus helping to detect trends and insights in a specific market.

 Vendor landscape of the global distributed data grid market
The distributed data grid market provides an opportunity for companies of in-memory computing software. The emergence of big data has been the primary driver for the growth of this market.

The leading vendors in the market include: - 

•     IBM
•     Oracle
•     Red Hat
•     Software AG
•     VMware

Other prominent vendors in the market are Alachisoft, GigaSpaces, Hazelcast, and ScaleOut Software.

Segmentation of the distributed data grid by end users

•     BFSI
•     Telecommunications
•     Retailers
•     Government

The BFSI sector was one of the early adopters of distributed data grid technologies due to the heavy computing demands of the industry such as automated trading and forex trading. Distributed data grids offer high capacity storage and faster processing speeds than traditional disk-based storage, hence the demand from this sector.

Retailers like e-commerce companies are also big users distributed data grid technologies as they can handle fast-changing customer data. For instance, when a consumer places an order on an e-commerce system, the company store the information and interacts with other systems to process the customer orders. Here, the data grid technology ensures fast responses to the requests and scales up as the workload grows by adding servers according to requirement. 

Segmentation of the global distributed data grid market by geography

•     Americas
•     EMEA
•     APAC

The Americas dominated the distributed data grid market during 2014. The US and Canada are the leading countries within this region. The growth of the market has been driven by high adoption rates of grid computing in industries such as defense, BFSI, retail, and telecommunication. Moreover, most of the leading vendors such as Oracle and SAP are based out of this region.

                                                                                        Source: Technavio, 2015
Key questions answered in the report 

• What are the key factors driving the distributed data grid market? 
• What are the key market trends impacting the growth of the global distributed data grid market? 
• What are the various opportunities and threats faced by the vendors in the global distributed data grid market?
• What is the growth forecast for the key segments of the distributed data grid market? 
• What are the trending factors influencing the market shares of the Americas, EMEA, and APAC? 
• What are the key outcomes of the five forces analysis of the global distributed data grid market? 

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