Dec 11, 2019 (Market Insight Reports via COMTEX) -- This report on the global In-memory Computing Market is a detailed research study that helps provides answers and related questions with respect to the emerging trends and growth opportunities in this particular industry. It also highlights each of the prominent factors related to the growth of the market are; growing GDP, demographics, increasing purchasing power, increasing demand, pricing.
Market Key players:
IBM, Oracle, SAP, Altibase, Giga Spaces, Grid Gain Systems, Hazelcast, Microsoft, Software AG, ScaleOut Software, TIBCO and Others.
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In-memory computing is the storage of information in the main random access memory (RAM) of dedicated servers rather than in complicated relational databases operating on comparatively slow disk drives. In-memory computing helps business customers, including retailers, banks and utilities, to quickly detect patterns, analyze massive data volumes on the fly, and perform their operations quickly. The drop in memory prices in the present market is a major factor contributing to the increasing popularity of in-memory computing technology. This has made in-memory computing economical among a wide variety of applications.
The In-Memory Computing Market has seen rapid adoption across verticals such as Banking, Financial Services, and Insurance (BFSI), IT & telecom, government, and retail, which has led to rapid growth of the market globally. IMC has a wide scope and finds acceptability across all verticals. Enterprises across all the verticals generate data and there is increased need to manage this organizational data to streamline business processes and achieve strategic initiatives.
Market is segmented on the basis of Type, By Deployment Type and Region:
Global In-memory Computing Market, By Deployment Type
Global In-memory Computing Market, By Type
Telecom & IT
Aerospace and Defense
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