According to a new market report published by Lucintel, the future of the
in-memory computing market looks promising with opportunities in the BFSI, retail, and government sectors. The global in-memory computing market is expected to grow with a CAGR of 26% from 2021 to 2026. The major drivers for this market are growing demand for faster processing and analytics on large data sets, high requirement for data storage, rising need of predictive analysis and simulation, and growing need of operational efficiency.
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In-memory data management (IMDM) and in-memory application platform (IMAP) are the main components of in-memory computing market. In-memory data management will remain the largest component segment, as it has faster processing speed than disk-to-memory configuration, and in-memory databases and technologies enable decision makers to get to the information they are seeking rapidly and more readily.
Asia Pacific will remain the largest region during the forecast, as countries, like India, China, and Japan, have various KPOs and BPOs. These centers are required to store huge data, analyze them, which are then needed for decision making. There is also huge potential for SME’s growth in this region.
IBM, Microsoft, SAP SE, Oracle, and Altibase are among the major in-memory computing manufacturers.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global in-memory computing market by component, end use industry, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global In-Memory Computing Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global in-memory computing market by component, end use industry, and region as follows:
By Component [$M shipment analysis for 2015 – 2026]:
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In-Memory Data Management
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In-Memory Application
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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BFSI
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Healthcare
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IT & Telecom
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Governments
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
