Quadintel published a new report on the In Memory Analytics Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global In Memory Analytics Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2030.
In Memory Analytics is a type of middleware software that facilitates to store data in RAM, across a cluster of computers. All the data used by an application is stored within the main memory of the computer system, rather than accessing the data on a disk, data remains suspended in the memory of a powerful set of computers.
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As compared traditional disk-based intelligence system in memory analytics offers faster results and improves overall business efficiency. The growing volume of data and increasing demand from end use applications as well as rising number of collaboration activities are factors that are accelerating the global market demand. For instance, according to Statista – in 2020, around 64.2 Zettabytes of data created, captured, copied, and consumed across the globe, and this amount is projected to grow to 180 zettabytes by end of 2025. Furthermore, in May 2022, Samsung Electronics Co., Ltd., and Red Hat, Inc., entered in a collaboration for development of software technologies for next-generation memory solutions. Under this collaboration both the companies would jointly work towards development of open-source software for existing and upcoming memory and storage products, such as NVMe SSDs, CXL memory, computational memory/storage. Also, growing automation across different industries and rising deployment of Data science and machine learning Solutions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of awareness across the industries and concern associated over data privacy and security impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global In Memory Analytics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing automation across the industries and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rapid industrialization and growing big data analytics market in the region, would create lucrative growth prospects for the In Memory Analytics Market across the Asia Pacific region.
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Major market players included in this report are:
SAS Institute (US)
Information Builders (US)
Software AG (Germany)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Customer Experience Management
Design & Innovation
Real-Time Analysis and Decision-Making
By End Use
Retail & E-commerce
Government & Defense
Telcos & ITES
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global In Memory Analytics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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