Apr 20, 2022 (AmericaNewsHour) -- Research Nester released a report titled “ In-Memory Computing Market : Global Demand Analysis & Opportunity Outlook 2029″ which delivers detailed overview of the global in-memory computing market in terms of market segmentation by component, application, organization size, vertical and region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The in-memory computing market is projected to grow with a high CAGR during the forecast period, i.e., 2021-2029, on account of the rising analytical and transactional needs of different industrial sectors.
The market is segmented by application type into risk management & fraud detection, sentiment analysis, geospatial/GIS processing, sales & marketing optimization, predictive analysis, supply chain management, and others. Among these segments, the risk management & fraud detection segment is anticipated to hold the largest share due to organizations’ need to focus on improving their risk intelligence skills to fight risk exposures.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the in-memory computing market in the North America is projected to grow at the highest CAGR throughout the forecast period. This can be attributed to the growing demand for analytics and advanced analytics platforms by small and medium businesses and government agencies would drive the demand for IMC products.
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Exponential Growth of Big Data to Drive the Market Growth
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which the in-memory computing market in North America is projected to grow at the highest CAGR throughout the forecast period. The growing demand for analytics by various businesses and government agencies would drive the demand for IMC products in the region.
This report also provides the existing competitive scenario of some of the key players of the global in-memory computing market which includes company profiling of Microsoft Corporation /zigman2/quotes/207732364/composite MSFT -0.26% , Oracle Corporation /zigman2/quotes/202180826/composite ORCL -0.06% , SAS Institute, TIBCO Software Inc., Software AG (etr:SOW), Fujitsu Limited (tyo:6702), Workday, Inc. /zigman2/quotes/201157610/composite WDAY -0.51% , Teradata Corporation /zigman2/quotes/200055247/composite TDC -8.06% , and Enea AB (sto:ENEA). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global in-memory computing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
The Final Report will cover the impact analysis of COVID-19 on this industry.”
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