In-Memory Computing Market Analysis by top key players SAP SE, IBM Corporation, HCL Technologies Limited, Oracle Corporation, GridGaiN, MicroSoft
In-Memory Compu ting (IMC) is a technology which helps in storing data in Random Access Memory (RAM) of the server rather than in complicated relational databases operating on slow disk drives. This technology was developed by SAP, called High-Speed Analytical Appliance (HANA), ituses a technique called sophisticated data compression to store data in RAM. This results in HANA's performance faster than standard disk by 10,000times.
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Few user applications could be:
• Big Data
• Financial fraud Prevention
Its projected growth was USD 1 billion however the market was valued at USD 6.942 billion in 2018 and is projected to reach USD 33.927 billion by 2022.Growing trend towards enhancing the RAM size is also expected to provide manynew ways for IMC growth. Government initiatives such as Unique Identification Card (UID) createsabundance of demand as to increase digitization at national level could catapult need for IMC.
The market can be segmented based on two categories
• In-memory data management:It aims at providing organizations with optimum utilization of large amount of data specifically for strategic advantages, high processing speeds, decreased anomalies and hence increasing productivity.
• In-memory application: It helps those organizations which aim at developing applications that perform complex transactions and run advanced queries.
IMC can be segmented on basis of sales, product and revenue as well:
1. Medium and small business
2. Large Enterprises
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Considering market study on geographical regions, the America aims at accounting for almost 48% of the total shares of the IMC market by 2020 and will also dominate this market in the upcoming forecasted period.
Asia-Pacific is one of the growing regions in the IMC market. Increasing volume of big data together with presence of a large number of SMBs are the core drivers of the region. The Asia-Pacific region can cater to various market verticals partly because of growing number of SMBs and highly skilled workforce which represents huge potential for growth in this market. However maximum revenue will be derived from US and Canada region.
SAP SE, IBM Corporation, HCL Technologies Limited, Oracle Corporation, GridGaiN, MicroSoft.
• US and Canada
• Mexico, Brazil, Argentina and Rest of Latin America
• EU5 (Germany, France, Italy, Spain, U.K.)
• Nordic Countries (Denmark, Finland, Norway, and Sweden)
• Benelux (Belgium, The Netherlands, and Luxembourg)
• Rest of Western Europe
• Rest of Eastern Europe
• Australia and New Zealand
• Rest of Asia Pacific
Middle East and Africa
• GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
• South Africa
• North Africa
• Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
WORLD INTELLIGENT VIRTUAL ASSISTANT MARKET Opportunities And Forecasts, 2014 - 2020
Intelligent virtual assistant (IVA) is a next generation software solution that facilitates user interaction with PC, through internet, SMS, messenger and other interfaces. IVA systems use various interaction methods, which include text-to-text, speech-to-text, text-to-speech, and speech-to-speech, among others to assist users in executing their respective tasks. The world intelligent virtual assistant market has exhibited notable growth in the recent past. However, it is poised to demonstrate an even more robust growth trend during the forecast period….
Read More https://www.bigmarketresearch.com/intelligent-virtual-assistant-market
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