In-Memory Computing Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Microsoft Corporation, Oracle Corporation, SAP SE, International Business Machines Corporation, SAS Institute Inc.

"The new report published by The Business Research Company, titled ""In-Memory Computing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the in-memory computing market size has grown exponentially in recent years. It will grow from $22.89 billion in 2023 to $27.67 billion in 2024 at a compound annual growth rate (CAGR) of 20.9%. The in-memory computing market size is expected to see exponential growth in the next few years. It will grow to $61.32 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%.

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In-Memory Computing Market Surges Amidst Soaring Global Data Volumes
An increase in data volumes across industries is expected to propel the growth of the in-memory computing market going forward. The rise in data volumes, the migration of data to a cloud-based solution, and the growing number of IT users have increased data volume creation. With more employees likely to be hired during a period of economic growth, it necessitates more software subscriptions that result in adding more data. This growing demand for data has increased the demand for and use of in-memory computing, which enables data to be stored in RAM across a cluster of computers and processed in parallel under an easy process with a shorter duration. For instance, in January 2022, according to the First side Guide, Serbia-based information and technology provider company, predicted the total quantity of data produced worldwide to be over 79 zettabytes in 2021. Furthermore, according to an article published by Forbes, in December 2020, the volume of data created, generated, recorded, replicated, and consumed worldwide increased by nearly 5,000%, from 1.2 trillion gigabytes to 59 trillion gigabytes. Therefore, the increase in data volumes will drive the growth of the demand for the in-memory computing market.

Advancements In Ai Acceleration Chips And Mram-Based Computing Define The In-Memory Computing Market
Technological advancement is a key trend gaining popularity in the in-memory computing market. Major companies operating in the in-memory computing market are advancing in their new technologies and developing AI acceleration chips-based, in-memory calculations that work as high-performance parallel computation machines explicitly designed for efficient processing. For instance, in January 2022, Samsung Electronics, a Korea-based, advanced semiconductor technology company, announced its demonstration of the world's first MRAM (Magnetoresistive Random Access Memory)-based in-memory computing. The researchers successfully developed an MRAM array chip that illustrates in-memory computing by replacing the standard, current-sum in-memory computing architecture with a new, resistance sum in-memory computing architecture that solves the issue of individual MRAM device small resistances

The in-memory computing market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Deployment: Cloud, On-premises
3) By Organization: Large, SME's
4) By Application: Risk Management and Fraud Detection, Sentiment Analysis, Geospatial/GIS Processing, Sales and Marketing Optimization, Predictive Analysis, Supply Chain Management
5) By End Users: BFSI, IT and Telecom, Retail and eCommerce, Healthcare and Life Sciences, Transportation and Logistics, Government and Defence, Energy and Utilities, Media and Entertainment, Others End users

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Major companies operating in the in-memory computing market report are Microsoft Corporation, Oracle Corporation, SAP SE, International Business Machines Corporation, SAS Institute Inc., TIBCO Software Inc., Software AG, Gridgrain Systems Inc., Altibase Corporation, Hazelcast Inc., Gigaspaces Technologies Inc., Intel Corporation, HCL Technologies Ltd., Exasol AG, Red Hat Inc., Aerospike Inc., Couchbase Inc., McObject LLC, Teradata Corporation, Fujitsu Ltd., MongoDB Inc., Oracle Corporation, Alachisoft, ArangoDB GmbH, Couchbase Inc., Redis Labs Inc., VoltDB Inc., Kognitio Ltd., MicroStrategy Inc., Actian Corporation

Contents of the report:
1. Executive Summary
2. In-Memory Computing Market Report Structure
3. In-Memory Computing Market Trends And Strategies
4. In-Memory Computing Market - Macro Economic Scenario
5. In-Memory Computing Market Size And Growth
…..
27. In-Memory Computing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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