The in-memory computing market is projected to grow with a high CAGR during the forecast period, i.e., 2021-2029, on account of the rising analytical and transactional needs of different industrial sectors. The growing demand for analytics by various businesses and government agencies would drive the market growth.
The market is segmented by application type into risk management & fraud detection, sentiment analysis, geospatial/GIS processing, sales & marketing optimization, predictive analysis, supply chain management, and others. Among these segments, the risk management & fraud detection segment is anticipated to hold the largest share due to organizations’ need to focus on improving their risk intelligence skills to fight risk exposures.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the in-memory computing market in the North America is projected to grow at the highest CAGR throughout the forecast period. This can be attributed to the growing demand for analytics and advanced analytics platforms by small and medium businesses and government agencies would drive the demand for IMC products.
Exponential Growth of Big Data to Drive the Market Growth
Increasing RAM size, growing adoption of digitalization, along with government initiatives to promote IMC is estimated to boost the market growth.
However, threat of data theft is a major restraint in the market growth over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global in-memory computing market which includes company profiling of Microsoft Corporation (NASDAQ: MSFT), Oracle Corporation (NYSE: ORCL), SAS Institute, TIBCO Software Inc., Software AG (ETR: SOW), Fujitsu Limited (TYO: 6702), Workday, Inc. (NASDAQ: WDAY), Teradata Corporation (NYSE: TDC), and Enea AB (STO: ENEA). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global in-memory computing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester released a report titled “In-Memory Computing Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global in-memory computing market in terms of market segmentation by component, application, organization size, vertical and region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The in-memory computing market is projected to grow with a high CAGR during the forecast period, i.e., 2021-2029, on account of the rising analytical and transactional needs of different industrial sectors.The market is segmented by application type into risk management & fraud detection, sentiment analysis, geospatial/GIS processing, sales & marketing optimization, predictive analysis, supply chain management, and others.
Among these segments, the risk management & fraud detection segment is anticipated to hold the largest share due to organizations’ need to focus on improving their risk intelligence skills to fight risk exposures.On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the in-memory computing market in the North America is projected to grow at the highest CAGR throughout the forecast period.
This can be attributed to the growing demand for analytics and advanced analytics platforms by small and medium businesses and government agencies would drive the demand for IMC products.Download Sample of This Strategic Report https://www.researchnester.com/sample-request-2961Exponential Growth of Big Data to Drive the Market GrowthOn the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which the in-memory computing market in North America is projected to grow at the highest CAGR throughout the forecast period.
The growing demand for analytics by various businesses and government agencies would drive the demand for IMC products in the region.This report also provides the existing competitive scenario of some of the key players of the global in-memory computing market which includes company profiling of Microsoft Corporation (NASDAQ: MSFT), Oracle Corporation (NYSE: ORCL), SAS Institute, TIBCO Software Inc., Software AG (ETR: SOW), Fujitsu Limited (TYO: 6702), Workday, Inc. (NASDAQ: WDAY), Teradata Corporation (NYSE: TDC), and Enea AB (STO: ENEA).
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global in-memory computing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.The Final Report will cover the impact analysis of COVID-19 on this industry.”Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-2961About Research NesterResearch Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties.
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