Global in-memory computing industry until 2026 – With, among others, Altibase, Fujitsu and GigaSpaces technologies
DUBLIN, November 15, 2021– (BUSINESS WIRE) – “In-Memory Computing Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026” report has been added to ResearchAndMarkets.com offer.
The global in-memory computing market has shown strong growth during the period 2015-2020. Looking ahead, the market is expected to grow at a CAGR of around 25% during 2021-2026.
GigaSpaces Technologies Inc.
GridGain Systems Inc.
HCL Technologies Limited
International Business Machines Corporation
NTT DATA Corporation (Nippon Telegraph and Telephone)
SAS Institute Inc.
TIBCO Software Inc. (Vista Equity Partners)
Bearing in mind the uncertainties of COVID-19, the analyst continuously monitors and assesses the direct and indirect influence of the pandemic on different end-use industries. This information is included in the report as a major contributor to the market.
In-memory computing (IMC) refers to the process of storing information in random access memory (RAM) on dedicated servers instead of comparatively slower disk drives. It is a solution architecture that stores data in a number of clusters to provide real-time processing information. It is usually supplemented by disk or solid-state storage for archiving, retrieval and access to historical data. It enables an organization to discover patterns, analyze large amounts of data, and perform operations quickly. They are commonly used for services such as investment banking, insurance claims modeling, social games, real-time advertising platforms, geospatial processing, and medical imaging.
One of the key factors driving the growth of the market is the emerging trend of digitalization of business operations, along with the growing demand for real-time data analytics. Organizations are adopting applications capable of running advanced queries and performing complex analyzes on large datasets. In addition, IMC also helps to minimize the load on the organization’s information technology (IT) infrastructure and overall operational costs while freeing up resources, improving business knowledge and improving efficiency.
With this in mind, the increasing adoption of Dynamic Random Access Memory (DRAM) -based IMC systems in banking, financial services and insurance (BFSI) industry is also contributing to the growth of the market. Banks and other financial institutions use IMC for fraud detection, risk management, financial analysis, and transaction tracking. Other factors including improvements in the information technology (IT) industry as well as the growing demand for fast data processing across all industries are expected to further drive the market.
Key questions answered in this report
How has the global in-memory computing market performed so far and how will it perform in the years to come?
What are the main regional markets?
What has been the impact of COVID-19 on the global in-memory computing market?
What is the distribution of the market according to the component?
What is the market split according to the size of the organization?
What is the distribution of the market according to the vertical?
What are the different stages of the industry value chain?
What are the main factors and challenges for the industry?
What is the structure of the global in-memory computing market and who are the major players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global In-Memory Computing Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market breakdown by component
7 Market breakdown by organization size
8 Market breakdown by vertical
9 Market breakdown by region
10 SWOT Analysis
11 Value chain analysis
Analysis of the five forces of 12 carriers
13 Competitive landscape
13.1 Market structure
13.2 Key players
13.3 Profiles of key players
For more information on this report, visit https://www.researchandmarkets.com/r/c00tv0
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211115005845/en/
Laura Wood, Senior Press Director
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