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In-Memory Analytics Market Segmented by Component, deployment model, enterprise size, industry vertical and geography (2019 to 2024)

04-09-2019 07:18 PM CET | IT, New Media & Software

Press release from: Knowledge Sourcing Intelligence LLP

In-Memory Analytics Market Segmented by Component, deployment

The report published by Knowledge Sourcing Intelligence titled “In-Memory Analytics Market- Forecast From 2019 to 2024” studies the various factors affecting the demand for In-Memory Analytics across the globe. The report has been segmented by component (software and services), by deployment model (On-premise and cloud), by enterprise size (small, medium, and large), by end-user industry (BFSI, retail, government, communication and technology, transportation and logistics, and others), and by geography, covering five regions namely North America, South America, Europe, Middle East and Africa and the Asia Pacific, and some of the major economies in each of these regions.

Rapid growth of big data analytics across the globe is one of the major factors shaping the growth of in-memory analytics market. Growing digitization across various end-use industries is encouraging companies to adopt advanced solutions for supporting their big data analytics functions. Since this technology catalyzes the process of analytics by querying data which is in RAM, their adoption among end users is increasing, thus positively impacting the growth of in-memory analytics market. Growing focus of enterprises on Business Intelligence (BI) and faster decision-making is also spurring the growth of in-memory analytics market.

Large enterprise segment holds significant market share
By enterprise size, In-Memory Analytics market is segmented into small, medium, and large. Large enterprise accounted for significant market share in 2018 owing to the high volume of big data for which companies with huge budget are demanding in-memory analytics solutions for fast processing of data.

APAC witnessing highest CAGR between 2019 and 2024
Geographically, In-Memory Analytics market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. APAC is projected to witness the fastest regional market growth on account of increasing number of enterprises, both SMBs and large, coupled with rapidly growing volume of big data in the region. North America holds significant market share owing to the early adoption of new technologies and presence of major market players in the region.

This report also includes a study of strategies and product portfolios of some of the leading companies in the In-Memory Analytics market. It consists of company profiles of the leading companies- Google, Inc., IBM Corporation, Microsoft Corporation, ESRI, and Telstra among others.

Request a free sample or download the report: www.knowledge-sourcing.com/in-memory-analytics-market

Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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