Overview and Scope
The in-memory computing refers to a technique for performing all computer calculations in computer memory (i.e., in RAM) rather than in complex relational databases that run on relatively slow disc drives. The primary objective of in-memory computing is to assist business customers in rapidly detecting patterns, analyzing massive data volumes, and performing operations.
Sizing and Forecast
The in-memory computing market size has grown exponentially in recent years. It will grow from $22.89 billion in 2023 to $27.67 billion in 2024 at a compound annual growth rate (CAGR) of 20.9%. The growth in the historic period can be attributed to increased data volumes, increased demand for real-time insights, digital transformation initiatives, explosion of big data, cybersecurity needs.
The in-memory computing market size is expected to see exponential growth in the next few years. It will grow to $61.32 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to accelerated digital transformation, expansion of cloud-based solutions, greater emphasis on real-time decision support, financial sector applications, database performance optimization. Major trends in the forecast period include edge computing requirements, big data handling, iot data processing, ai and machine learning, enhanced customer experience.
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Segmentation & Regional Insights
The in-memory computing market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment: Cloud, On-premises
3) By Organization: Large, SME's
4) By Application: Risk Management and Fraud Detection, Sentiment Analysis, Geospatial/GIS Processing, Sales and Marketing Optimization, Predictive Analysis, Supply Chain Management
5) By End Users: BFSI, IT and Telecom, Retail and eCommerce, Healthcare and Life Sciences, Transportation and Logistics, Government and Defence, Energy and Utilities, Media and Entertainment, Others End users
North America was the largest region in the in-memory computing market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in-memory computing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in data volumes across industries is expected to propel the growth of the in-memory computing market going forward. The rise in data volumes, the migration of data to a cloud-based solution, and the growing number of IT users have increased data volume creation. With more employees likely to be hired during a period of economic growth, it necessitates more software subscriptions that result in adding more data. This growing demand for data has increased the demand for and use of in-memory computing, which enables data to be stored in RAM across a cluster of computers and processed in parallel under an easy process with a shorter duration. For instance, in January 2022, according to the First side Guide, Serbia-based information and technology provider company, predicted the total quantity of data produced worldwide to be over 79 zettabytes in 2021. Furthermore, according to an article published by Forbes, in December 2020, the volume of data created, generated, recorded, replicated, and consumed worldwide increased by nearly 5,000%, from 1.2 trillion gigabytes to 59 trillion gigabytes. Therefore, the increase in data volumes will drive the growth of the demand for the in-memory computing market.
Key Industry Players
Major companies operating in the in-memory computing market report are Microsoft Corporation, Oracle Corporation, SAP SE, International Business Machines Corporation, SAS Institute Inc., TIBCO Software Inc., Software AG, Gridgrain Systems Inc., Altibase Corporation, Hazelcast Inc., Gigaspaces Technologies Inc., Intel Corporation, HCL Technologies Ltd., Exasol AG, Red Hat Inc., Aerospike Inc., Couchbase Inc., McObject LLC, Teradata Corporation, Fujitsu Ltd., MongoDB Inc., Oracle Corporation, Alachisoft, ArangoDB GmbH, Couchbase Inc., Redis Labs Inc., VoltDB Inc., Kognitio Ltd., MicroStrategy Inc., Actian Corporation
The in-memory computing market report table of contents includes:
1. Executive Summary
2. In-Memory Computing Market Characteristics
3. In-Memory Computing Market Trends And Strategies
4. In-Memory Computing Market - Macro Economic Scenario
5. Global In-Memory Computing Market Size and Growth
6. In-Memory Computing Market Segmentation
7. In-Memory Computing Market Regional And Country Analysis
……………
33. Key Mergers And Acquisitions In The In-Memory Computing Market
34. In-Memory Computing Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global In-Memory Computing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global In-Memory Computing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global In-Memory Computing Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 76: Microsoft Corporation Financial Performance
Table 77: Oracle Corporation Financial Performance
Table 78: SAP SE Financial Performance
Table 79: International Business Machines Corporation Financial Performance
Table 80: SAS Institute Inc. Financial Performance
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
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Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
According to a new market research report "In-Memory Computing Market by Component (Solutions & Services), Solution (IMDB (OLTP & OLAP), IMDG, and Data Stream Processing), Service, Application (Risk Management & Fraud Detection, Predictive Analysis), Vertical, and Region - Global Forecast to 2025"published by MarketsandMarkets™, the market size to grow from USD 11.4 billion in 2020 to USD 24.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period.The major factors driving the growth of the IMC market are the exponential growth of big data to improve machine-driven decision-making, decrease in the overall cost of RAM and TCO, and increase in production in real-time and low-latency transaction processing.
Furthermore, real-time data analysis, growth in the need for parallel processing and columnar databases, and the emergence of AI- and ML-based technologies to gain real-time actionable customer insights are expected to provide opportunities for enterprises operating in various verticals in the IMC market.Browse in-depth TOC on "In-Memory Computing Market”571- Tables54- Figures412- PagesDownload PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=820The services segment to record the higher growth rate during the forecast periodOn the basis of components, the IMC market is segmented into solutions and services.
The IMC market is segmented on the basis of applications into risk management and fraud detection, sentiment analysis, geospatial/GIS processing, sales and marketing optimization, predictive analysis, supply chain management, and others (image processing, route optimization, claim processing and modeling, and trade promotion simulations).
IMC solutions can transform an organization by providing many ways of ensuring that they are delivering a consistent quality of service and a secure experience at every customer touchpoint.
Enterprises with limited financial resources and IT experts have started implementing IMC-enabled applications to help non-technical users to quickly perform complex data analysis.
IMC product capabilities are integrated with diverse business applications scattered through different verticals and designed to replenish the unique demands of business segments.North America to hold the largest market size duringthe forecast periodNorth America is expected to hold the largest market size in the global IMC market during the forecast period.
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.
