If you have java8, and you can use the G1 Garbage Collector, then run your application with:
-XX:+UseG1GC -XX:+UseStringDeduplication
This tells the G1 to find similar Strings and keep only one of them in memory, and the others are only a pointer to that String in memory.
This is useful when you have a lot of repeated strings. This solution may or not work and depends on each application.
More info on:
https://blog.codecentric.de/en/2014/08/string-deduplication-new-feature-java-8-update-20-2/
http://java-performance.info/java-string-deduplication/