In-Memory Computing Market top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends. To Boost Growth during the epidemic era, this report analyses in detail for the potential risks and opportunities which can be focused on.
The In-memory Computing Market was valued at USD 15.96 billion in 2020 and expected to reach USD 61.66 billion by 2026 and grow at a CAGR of 25.37% over the forecast period (2021-2026). Adoption of In-memory Computing, also known as IMC, is on the rise. This can be attributed to the growing demand for faster processing and analytics on big data, the need for simplifying architecture as the number of various data sources increases, and technology enhancements that are optimizing total cost of ownership (TCO).
Secondary research included the research of the annual and financial reports of the top manufacturers; Altibase, Oracle, TIBCO, GridGain Systems, ScaleOut Software, Software, Hazelcast, Microsoft, IBM, SAP, GigaSpaces
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Continuous innovation in In-Memory Computing Market
Innovation plays an important role in driving market growth. In order to maintain stability in a highly competitive market, suppliers should develop new ideas and technologies and keep pace with advanced technologies. The improvement of product technology will improve the product performance of In-Memory Computing and reduce costs. Most manufacturers are constantly launching new products to gain greater market share.
Global In-Memory Computing Market Segmentation:
on the basis of types, the In Memory Computing market from 2015 to 2025 is primarily split into:
In-memory Data Management
In-memory Application Platform
on the basis of applications, the In Memory Computing market from 2015 to 2025 covers:
IT & Telecommunication
Global In-Memory Computing Market Growth development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analysed in detail.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of In-Memory Computing Market these regions, from 2019 to 2023 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
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– In-memory technology has become a relied-upon part of the data world, now available through most major database vendors. In-memory can process workloads up to 100 times faster than disk-to-memory configurations, which enables business at the speed of thought.
– In-memory databases and technologies enable decision makers to get to the information they are seeking rapidly and more readily.
– While in-memory technology has been on the market for many years, currently, the demand for intelligent, interactive experiences requires back-end systems and applications operating at high performance, and incorporating movement and delivery of data faster than ever before.
– According to a recent Unisphere-AWS survey, over the next 3 years, 60% of IT managers, DBAs, and C-level executives expect to store more data in the cloud than on-premise. In addition, the use of NoSQL platforms, including document, graph, columnar, and in-memory, which are still in the relatively early days of adoption, will also see an increase, spurred by new applications for the technology and an increased availability of skills and expertise.
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