In-Memory Computing Market size was valued at USD 18.2 billion in 2024 and is likely to cross USD 129.6 billion by 2037, registering more than 16.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of in-memory computing is estimated at USD 20.72 billion.
In-memory computing is essentially used for information storage. In-memory computing reduces latency in data transactions and analyses data in real-time to enhance decision-making. Increasing usage of the internet and mobile banking requires large data processing, which is also expected to provide industry growth avenues. The growing trend towards increasing the RAM size is expected to provide avenues for in-memory computing market growth. Numerous government initiatives, such as the Unique Identification Card, to increase digitization at the national level create the need for IMC, thereby growing industry demand. The industry is characterized by technological advancement and is slowly shifting from traditional disk-based to Dynamic Random-Access Memory based in-memory computing. Innovations like multi-core architecture, parallel server, and NAND flash memory will contribute to future growth in the market. The software segment's progress, such as column-centric database, compression techniques, and handling aggregate table, are expected to catalyse industry growth over the coming years.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
16.3% |
Base Year Market Size (2024) |
USD 18.2 billion |
Forecast Year Market Size (2037) |
USD 129.6 billion |
Regional Scope |
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The market is segmented by application into risk management & fraud detection, sentiment analysis, geospatial/GIS processing, sales & marketing optimization, predictive analysis, supply chain management, and others. Among these segments, the risk management & fraud detection segment is anticipated to hold the largest share due to the need for organizations to keenly focus on enhancing their risk intelligence capabilities to fight risk exposures.
Our in-depth analysis of the global market includes the following segments
By Component |
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By Application |
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By Organization Size |
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By Vertical
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North America Market Statistics
North America industry is expected to hold largest revenue share by 2037, owing to growing demand for analytics platforms and government agencies. The increasing demand for advanced analytics platforms by small and medium businesses would fuel the demand for IMC products in the region. The growing adoption of cloud and IoT and the rising use of the web are factors driving the IMC market growth in Europe.
APAC Market Analysis
APAC is expected to record the swiftest growth rate during the forecast period. The adoption of IMC technology by various verticals, such as retail and manufacturing, is expected to contribute to the growth of the market in the APAC.
Author Credits: Abhishek Verma
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