Scope of the Study
In-memory analytics is defined as the business intelligence methodology which is used to solve complex as well as time-sensitive business scenarios. Analytics is a type of processing of data for information discovery. This type of analytics is used to improve the overall speed of a BI system as well as provides business intelligence. In addition, increasing volume of data, improved scalability, and security with cloud-based in-memory analytics and rising adoption by small and medium enterprises and large enterprise and rising trend for self-service Bi Tools are likely to be the prime drivers for the market growth.
The market study is being classified, by Application (Risk Management and Fraud Detection, Sales and Marketing Optimization, Financial Management, Supply Chain Optimization, Predictive Asset Management, Product and Process Management and Others) and major geographies with country level break-up.
SAP (Germany), Oracle (United States), Kognitio (United Kingdom), MicroStrategy (United States), SAS Institute (United States), ActiveViam (United States), IBM (United States), Information Builders (United States), Hitachi (Japan) and Software AG (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are AWS (United States), Qlik Technologies (United States), ADVIZOR Solutions (United States) and Exasol (Germany).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global In-Memory Analytics market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global In-Memory Analytics market by Type, Application and Region.
On the basis of geography, the market of In-Memory Analytics 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Digital Transformation using Real-Time Data Analytics
- Increasing Volume of data and Rising Trend for Self-Service Bi Tools
- Technological Advancements in Computing Power
- Stringent Rules and Regulation
- Reduction of Main Memory Hardware Costs and Higher Adoption by SMBs
- Improved Scalability and Security with Cloud-Based In-Memory Analytics
- Management and Maintenance of Data Quality
- Lack of End User and Developer Skills to Deploy BI Applications
Market Leaders and their expansionary development strategies
In September 2016, the SAP and Samsung Electronics Company has opened a research center dedicated to memory solutions, which is used in next-generation in-memory computing. Therefore, it will affect the growth of the market in the future.
In 2016, the MicroStrategy Company has launched MicroStrategy 10.6 which provides optimized in-memory performance and provides a mobile user experience for both Android and iOS users. Hence, it will drive the market growth.
Key Target AudienceIn-Memory Analytics Companies, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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