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In-Memory Computing Market Forecast, Revenue, Demand, Growth and Key Companies Valuation by 2028

September 7, 2021

The global in-memory computing market size reached USD 11.55 Billion in 2024 and is expected to register a CAGR of 18.4%, during the forecast period, according to latest analysis by Emergen Research. The report provides In-Memory Computing market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2024–2028. Global in-memory computing market revenue is expected to increase significantly over the forecast period due to rising demand for faster processing and analytics on big data. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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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. Global In-Memory Computing market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. In-Memory Computing Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. 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. Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the In-Memory Computing market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive In-Memory Computing market revenue growth to a significant extent over the forecast period.

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “In-Memory Computing Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2024 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

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.
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.
In July 2019, Intel and SAP announced a technology strategic alliance focused on optimizing Intel platforms, such as Intel Xeon Scalable chipsets and Intel Optane DC persistent memory, for end-to-end SAP enterprise software programs, such as SAP S/4HANA. The strategic alliance will utilize Intel systems to strengthen the SAP platform technologies, which facilitate business applications such as in-memory computing, streaming Big Data analytics, blockchain technology, augmented and virtual reality, ML, and AI.

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Region wise performance of the In-Memory Computing industry

North America In-Memory Computing market forecast is expected to remain significantly positive in terms of revenue share between 2024 and 2028. In addition, North America In-Memory Computing market revenue share is expected to remain comparatively larger than that of other regional markets from 2024 to 2028.

Asia Pacific registered fastest revenue CAGR in 2024, and the In-Memory Computing market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.

Europe In-Memory Computing market forecast is positive currently, with revenue growth expected to remain steady between 2024 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support In-Memory Computing market growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the In-Memory Computing industry for the forecast period 2024-2027?
What are the major driving forces expected to impact the development of the In-Memory Computing market across different regions?
Who are the major driving forces expected to decide the fate of the In-Memory Computing industry worldwide?
Who are the prominent market players making a mark in the In-Memory Computing market with their winning strategies?
Which In-Memory Computing industry trends are likely to shape the future of the industry during the forecast period 2024-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the In-Memory Computing market?

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