In-Memory Computing Market Trends

  • Report ID: 2961
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

In-Memory Computing Market Trends

Growth Drivers

  • Exponential Growth of Big Data
  • Increasing Analytical Needs

Challenges

  • Availability of Trained Technical Staff
  • Complexity of Big Data Solutions

In-Memory Computing Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

16.3%

Base Year Market Size (2023)

USD 15.65 billion

Forecast Year Market Size (2036)

USD 111.44 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 2961
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Exponential growth of big data and rising analytical and transactional needs across many industrial sectors are the key factors driving market growth.

The market is anticipated to attain a high CAGR over the forecast period, i.e., 2021-2029.

Availability of trained technical staff and complexity of big data solutions are estimated to hamper market growth.

The market in North America region will provide ample growth opportunities owing to the rising demand for analytics by small and medium businesses and government agencies in the region.

The major players dominating the in-memory computing market are Microsoft Corporation, Oracle Corporation, SAS Institute, Workday, Inc., Fujitsu Limited, Teradata Corporation among others.
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