Global In-Memory Computing Market Forecast to 2028

According to the most recent analysis by Emergen Research, the size of the worldwide in-memory computing market reached USD 11.55 billion in 2020 and is projected to grow at a CAGR of 18.4% over the forecast period. 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.

Together with qualitative and quantitative assessments, the report's authors have provided forecasts for the In-Memory Computing market. Two of the most important parts of this study are the SWOT analysis and Porter's Five Forces Analysis, which reveal how intensely competitive the industry is. The comprehensive study of the worldwide In-Memory Computing market in the report takes into account markets in North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. This study looks at additional significant characteristics of regional markets in addition to revenue growth drivers, constraints, production consumption patterns, altering consumer tastes, and tight regulatory standards.

However, concerns regarding data extraction is a major factor expected to hamper global in-memory computing market growth to some extent during the forecast period.

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Competitive Terrain:

The global In-Memory Computing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

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

Research Report on the In-Memory Computing Market Addresses the Following Key Questions:

• Who are the dominant players of the In-Memory Computing market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the In-Memory Computing market?
• What are the key growth drivers and restraining factors of the In-Memory Computing market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the In-Memory Computing market and its key segments?

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

Regional Landscape section of the In-Memory Computing report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• 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)

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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.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the In-Memory Computing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

• Data and information related to the consumption rate in each region
• Estimated increase in the consumption rate
• Proposed growth of the market share of each region
• Geographical contribution to market revenue
• Expected growth rate of the regional markets

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