In-Memory Computing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution, Services); Application (Risk Management and Fraud Detection, Sentiment Analysis, Geospatial/GIS Processing, Sales and Marketing Optimization, Predictive Analysis, Supply Chain Management, Others); Enterprise Size (SMEs, Large Enterprises); Vertical (BFSI, IT and Telecom, Retail and eCommerce, Healthcare and Life Sciences, Transportation and Logistics, Government and Defense, Energy and Utilities, Others) and Geography
Report Code: TIPRE00017050
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
In-memory computing is the technique of running computer calculations on computer memory. The need for simplifying architecture as the number of various data sources increases, increasing demand for faster processing and analytics on big data, and technology enhancements for optimizing the total cost of ownership (TCO) are the significant factor booming the growth of the in-memory computing market during the forecast period.
The "Global In-Memory Computing Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the in-memory computing market with detailed market segmentation by component, application, enterprise size, vertical, and geography. The report provides key statistics on the market status of the leading in-memory computing market players and offers key trends and opportunities in the market.
Based on component, the global in-memory computing market is segmented into solution and services.
On the basis of application, the market is segmented into risk management and fraud detection, sentiment analysis, geospatial/GIS processing, sales and marketing optimization, predictive analysis, supply chain management, and others.
Based on enterprise size, the market is segmented into SMEs and large enterprises.
Based on vertical, the market is segmented into BFSI, IT and telecom, retail and ecommerce, healthcare and life sciences, transportation and logistics, government and defense, energy and utilities, and others.
MARKET DYNAMICS Drivers:
An increase in production with real-time and low-latency transactional processing and the growing adoption of in-memory computing to achieve the application performance and scalability, accelerate response times, automate processes and meet SLAs for business applications are fueling the growth of the in-memory computing market.
Furthermore, the exponential growth of big data to improve machine-driven decision-making coupled with the emergence of AI and ML-based technologies to gain real-time actionable customer insights are expected to influence the in-memory computing market growth in the coming years.
Lack of standards, data security concerns, and increasing data volatility may restrain the in-memory computing market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The in-memory computing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the in-memory computing market in these regions.
IMPACT OF COVID-19 ON IN-MEMORY COMPUTING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the in-memory computing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from in-memory computing market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the in-memory computing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
GridGain Systems, Inc.
SAS Institute Inc.
TIBCO Software Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
2.GridGain Systems, Inc.
8.SAS Institute Inc.
10.TIBCO Software Inc.