In-Memory Computing Market Forecast to 2028
The In-Memory Computing Market research report is a comprehensive and vital document that includes business strategies, qualitative and quantitative analysis, and emerging trends in the global In-Memory Computing Market. The report provides in-depth research and analysis of the key elements of the global In-Memory Computing Market. This report was created by the research analysts after conducting extensive primary and secondary research and analysing the drivers, restraints, challenges, trends, and opportunities in the In-Memory Computing Market.
The global in-memory computing market size reached USD 11.55 Billion in 2020 and is predicted to achieve a CAGR of 18.4%, during the forecast period, according to current report by Emergen Research. The increased demand for quicker processing and big data analytics is predicted to cause the global in-memory computing market's revenue to rise significantly over the course of the forecast period. In the next years, the demand for real-time insights and closed-loop analytics is predicted to increase, which will further boost the worldwide in-memory computing market's revenue growth. Global in-memory computing market growth is anticipated to be boosted in the near future by the increasing introduction of Artificial Intelligence (AI) and Machine Learning (ML)-based technologies for getting real-time actionable consumer insights.
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The global In-Memory Computing market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The In-Memory Computing industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
Microsoft Corporation, Oracle Corporation, SAP SE, International Business Machines Corporation, TIBCO Software Inc., Intel Corporation, MongoDB Inc., Giga Spaces Technologies Inc., Grid Gain Systems, and Teradata Corporation
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Some Key Highlights in the Report
- The on-premises segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing implementation of on-premises-based in-memory computing systems across various industries to improve data security is expected to boost revenue growth of this segment going ahead.
- In terms of revenue share, the in-memory database segment is expected to register significant growth over the forecast period due to increasing adoption of in-memory database solutions to improve performance and scalability and develop real-time applications.
- Increasing need for improving risk intelligence abilities to fight risk exposures in organizations is expected to drive revenue growth of the risk management fraud detection segment, which is expected to lead in terms of revenue contribution to the global in-memory computing market during the forecast period.
- In terms of revenue share, the BFSI segment is expected to register significant growth over the forecast period due to increasing adoption of in-memory computing systems for various applications in the BFSI sector.
- Factors such as increasing application of predictive analytics using in-memory computing by small and medium-sized enterprises and government entities in countries in North America is expected to drive growth of the market in the region during the forecast period.
Market Overview:
The report bifurcates the In-Memory Computing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premises
- Cloud
- Solution Outlook (Revenue, USD Billion; 2018–2028)
- In-Memory Database
- Data Stream Processing
- In-Memory Data Grid
- Application Outlook (Revenue, USD Billion; 2018–2028)
- GIS Processing
- Predictive Analytics
- Sales Marketing
- Sentiment Analysis
- Supply Chain Management
- Risk Management Fraud Detection
- Others
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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
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