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The In Memory Database (IMDB) market is a subset of the Data Storage and Management industry. IMDBs are databases that store data in the computer's main memory, as opposed to on disk or other secondary storage. This type of database is often used for applications that require fast access to data, such as real-time analytics, online transaction processing, and complex event processing. IMDBs are typically faster than traditional databases, as they do not require data to be read from disk.
IMDBs are becoming increasingly popular due to their ability to process large amounts of data quickly. They are also becoming more cost-effective, as the cost of memory has decreased over time. IMDBs are used in a variety of industries, including finance, healthcare, retail, and manufacturing.
Some companies in the IMDB market include Oracle, IBM, Microsoft, SAP, and Redis Labs. Show Less Read more