In Memory Computing Market Definition
In memory computing uses the Random Access Memory (RAM) to store the information instead of operating on slow disk drive. It uses the middleware software to store the data and process it in parallel. In memory computing provides 2 to 3x performance as RAM is 5000 times faster than spinning disk. Additionally, this technology uses sophisticated data compression to store the data. It helps in detecting the pattern, analyze massive data patterns so that the business customers can take their actions quickly. These advantages is creating a high demand for in memory computing which is propelling the market.
The market study is broken down and major geographies with country level splits.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global In Memory Computing market throughout the predicted period.
IBM (United States), SAP SE (Germany), Oracle (United States), Microsoft (United States), Altibase (United States), ScaleOut Software (United States), HCL Technologies Limited (India), GridGain (United States), Software AG (Germany) and Exasol (Germany) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global In Memory Computing market by Type, Application and Region.
On the basis of geography, the market of In Memory Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. BFSI will boost the In Memory Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solutions, the sub-segment i.e. Online Analytical Processing (OLAP) will boost the In Memory Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. In-Memory Data Management (IMDM) will boost the In Memory Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
29th October 2018, IBM has acquired Red hat. This acquisition will help in diversifying the technology hardware and consulting business.
- Rising Usage of Analytics for Decision Making
- Adoption of Technology Owing to Increasing Digitalization
- Drop in Memory Prices is leading to Increase in Popularity of in Memory Computing Technology
- Need For Improved Performance of Analysis Due to Growth of Big Data
- Increasing Usage of Internet and Mobile Banking
- Rising IT Sector in Developing Economies
- Limited Storage Space for Large Data
- Lack of Industry Standards
- Concerns Regarding the Security of Data
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations
Key Finding and Research ObjectivesManufacturers Raw Material Suppliers Distributors and Traders Research Organizations Government Agencies Organizations
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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