In-Memory Computing Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028

 

In-Memory Computing Market

In-Memory Computing Market Size – USD 11.55 Billion in 2020, Market Growth – at a CAGR of 18.4%, Market Trends – Increasing introduction of Artificial Intelligence and Machine Learning-based technologies for gaining real-time actionable consumer insights

Rising need for unifying transactional and analytical processing for real-time insights and closed-loop analytics is expected to further augment revenue growth of the global in-memory computing market going ahead. Increasing introduction of Artificial Intelligence (AI) and Machine Learning (ML)-based technologies for gaining real-time actionable consumer insights is expected to boost global in-memory computing market growth in the near future.

The Global In-Memory Computing Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period.

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Key Market Dynamics: The global In-Memory Computing market research report details on the ongoing market trends, development outlines, and several research methodologies. It illustrates the key factors that directly manipulate the market, for instance, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes within the product profiles could result in huge disruptions to the above-mentioned factors. Each of these factors has been elaborately discussed in the initial segment of the study.

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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.

·         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.

·         Key players in the market include 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.

The findings of the report explain various aspects of the market, such as market status, developmental prospects, key regional segments, renowned market players, product offerings, end-use industries.

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Geographical Terrain of the Global In-Memory Computing Market:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

The global In-Memory Computing market is segmented based on product types offered in the market, their applications, end-user industries, different types of technologies, and key regions of the market.

·         Deployment Outlook (Revenue, USD Billion; 2018–2028)

o    On-premises

o    Cloud

·         Solution Outlook (Revenue, USD Billion; 2018–2028)

o    In-Memory Database

o    Data Stream Processing

o    In-Memory Data Grid

·         Application Outlook (Revenue, USD Billion; 2018–2028)

o    GIS Processing

o    Predictive Analytics

o    Sales & Marketing

o    Sentiment Analysis

o    Supply Chain Management

o    Risk Management & Fraud Detection

o    Others

·         End-use Outlook (Revenue, USD Billion; 2018–2028)

o    Government

o    IT and telecom

o    Healthcare 

o    BFSI

o    Transportation & Logistics

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Key Questions You Asked:

·         What is the growth rate of the In-Memory Computing market? What is the anticipated market valuation of the In-Memory Computing industry by 2028?

·         What are the key growth driving and restraining factors of the In-Memory Computing market?

·         Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

·         What are the key opportunities and growth prospects of the In-Memory Computing industry over the forecast period?

·         Which region is expected to show significant growth in the coming years?

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