Best Prospects in the Global In-Memory Analytics Market and Strategies for Growth – Includes In-Memory Analytics Market Size
The Business Research Company’s report goes into great detail on the in-memory analytics market size and growth, in-memory analytics market regional analysis, in-memory analytics market competitive landscape, and other critical information needed to excel in the in-memory analytics industry
Major players in the in-memory analytics market include Amazon Web Services Inc., Oracle Corporation, Qlik Technologies, SAP SE, SAS Institute Inc., Software AG, IBM Corporation, ActiveViam, Kognitio, MicroStrategy Incorporated, ADVIZOR Solutions, EXASOL, SnappyData, Teradata Corporation, and Giga Spaces Technologies Inc.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global in-memory analytics market size is expected to grow from $2.95 billion in 2021 to $3.70 billion in 2022 at a compound annual growth rate (CAGR) of 25.50%. The global in-memory analytics market size is expected to grow to $9.19 billion in 2026 at a CAGR of 25.57%.
North America was the largest region in the in-memory analytics market in 2021.
The in-memory analytics market consists of sales of in-memory analytics solution and services by entities (organization, partnership, sole-traders) that refers to a process to querying data when it resides in the computer’s random-access memory (RAM), as opposed to querying the data that is stored on physical disks. This results in shortened query response times, allowing analytic applications and business intelligence (BI) to support faster business decisions. In-memory analytics helps in increasing overall speed of a BI system and allows business-intelligence users with faster answers compared to traditional disk-based business intelligence, particularly for queries that take a long time to process in a large database.
The growing volume of data is expected to drive the growth of the in-memory analytics market.
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Technological advancement is a growing trend that is gaining key popularity in the in-memory analytics market. The companies operating in the in-memory analytics market are developing advanced technologies, which will help in reducing the time for operation and complexity of the data by providing an enhanced product to its clients.
TBRC’s Global In-Memory Analytics Market Report Is Segmented:
By Component: Solution, Service
By Organization Size: Large Enterprises, Small and medium Enterprises (SME’s)
By Deployment Mode: On-premise, Cloud-Based
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The In-Memory Analytics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the in-memory analytics market globally and regionally, analyzes and forecasts market size, share, in-memory analytics market players, in-memory analytics market segments, leading competitor revenues, profiles and market shares.
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