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Accelerating Business Intelligence: Global In-Memory Computing Market to Reach USD 15.65 Billion in 2022, Growing at a CAGR of 16.65% from 2023 to 2033 - Evolve Business Intelligence Study

05-05-2023 06:34 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Accelerating Business Intelligence: Global In-Memory

As per the study initiated by Evolve Business Intelligence, the global In-Memory Computing market size accounted for USD 15.65 Billion in 2022, growing at a CAGR of 16.65% from 2023 to 2033. In-Memory Computing (IMC) is a data processing technology that utilizes main memory (RAM) as the primary data storage medium instead of traditional disk-based storage. In this approach, data is stored in memory for faster access and processing, rather than being retrieved from a disk. By leveraging the high-speed and low-latency capabilities of memory, IMC can significantly accelerate data processing and analysis, especially for complex and large-scale workloads. IMC is used to improve the performance of data-intensive applications such as data analytics, real-time data processing, and high-performance computing. It can process and analyze massive amounts of data in real time, providing faster insights and decision-making capabilities to businesses. IMC can also be used in conjunction with traditional disk-based storage systems to provide hybrid memory systems that can handle large-scale data processing and analysis requirements.
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Key Highlights:
• The global In-Memory Computing Market size was valued at USD 15.65 billion in 2022 growing at a CAGR of 16.65% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on the Global In-Memory Computing Market focusing on various aspects including market size and forecast, market dynamics, competitors' market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which include Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted to prosper in this industry over the short and long terms. The quantitative analysis includes our authentic findings of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID-19 impact, the In-Memory Computing market report also includes the following data points:
• COVID-19 Impact on In-Memory Computing market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the In-Memory Computing Market
Buy the Latest Copy of the Report Now at a Higher Discount: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019151
Key Players
Some of the major In-Memory Computing players holding high market share include SAP SE, Oracle Corporation, Altibase Corporation, and GridGain Systems Inc. These players use partnership and collaboration as key strategies to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• SAP SE
• Oracle Corporation
• Altibase Corporation
• GridGain Systems Inc
• Software AG
• TIBCO Software Inc
• Gigaspaces Technologies Inc
• SAS Institute
• Hazelcast Inc.
• IBM Corporation
• Microsoft Corporation
Segmental Analysis
Market Segment By Component with a focus on market share, consumption trend, and growth rate of the In-Memory Computing Market:
o In-memory Data Management
o In-memory Application
Market Segment By Vertical with focus on market share, consumption trend, and growth rate of In-Memory Computing Market:
o BFSI
o Healthcare
o IT & Telecom
o Government
o Other
Parameters Details
Market Size (2022) USD 15.65 Billion
CAGR (2023 to 2033) 16.65%
Market Segmentation Component, Vertical
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019151
Global In-Memory Computing Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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