Global In Memory Computing Market - By Size (Small and Medium Business, Large Enterprise), Components (In Memory Data Management, In Memory Application Platform), Industry, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - ICT and Media | No. of Pages - 127 | Published By - Mordor Intelligence

Report Highlights

IMC in simple terms means making all the computing tasks using the data stored in the RAM or flash drives rather than the traditional storages like SSD or hard drive or a networked database. Since the data is available in the RAM the access is faster and the computing speeds are 1000 - 1000000 times faster than the traditional methods.

The Global In Memory Computing Market is valued at USD 5.58 billion in 2016 and is expected to reach a value of USD 27.05 billion by the end of 2022, growing at a projected CAGR of 30.1 % during the forecast period of 2017 - 2022. IMC is gaining momentum as the big data and data analytics market is exploding with terabytes of data to be analyzed, which by means of most advanced techniques take few hours or even days depending on the complexity of the operation. IMC is able to perform these operations in fraction of those times and is able to deliver real-time results. Also, since the RAM costs are coming down, the usage of IMC has seen tremendous growth in the last couple of years.

Even though the costs are down the computer RAM of an x86 server can be to the tune of 32 GB to 256 GB, while the data to be analyzed runs into terabytes which require networking of systems (parallel processing) to pool the RAM for computing. In-memory computing can be segmented by size of the company (SMB, large enterprises), by vertical (government, BFSI, healthcare, transport & logistics, retail & consumer goods, oil & gas), by region (North America, Europe, APAC, Middle East & Africa, Latin America).

Few top players that are mentioned in the report are IBM, Oracle, Microsoft, TIBCO, SAP, Hazelcast, Gridgain, Software AG and ScaleOut Software.

DRIVERS

Lowered memory prices and reduced the cost of operations

Ability to perform real-time analytics

Growing demand for big data analytics

RESTRAINTS

Brute force approach not sustainable for longer run

Lack of regulations/standards

What the report offers

Market definition for the global in-memory computing market, along with identification of key drivers and restraints.

Market analysis for the global in-memory computing market, with region-specific assessments and competition analysis on a regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.

Identification and analysis of the macro and micro factors that affect the global in-memory computing market on a global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
 

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