Market Overview:
The global in-memory computing market size reached US$ 19.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 67.5 Billion by 2032, exhibiting a growth rate (CAGR) of 14.7% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 19.0 Billion |
Market Forecast in 2032
|
US$ 67.5 Billion |
Market Growth Rate 2024-2032 |
14.7% |
In-Memory Computing (IMC) refers to the process of storing information in the Random-Access Memory (RAM) of the dedicated servers instead of comparatively slower disk drives. It is a solution architecture that stores data in a number of clusters to deliver real-time processing insights. It is usually complemented by on-disk or solid-state storage for archiving, recovery and accessing historical data. It enables an organization to detect patterns, analyze large amounts of data and perform operations promptly. They are commonly used for services, such as investment banking, insurance claim modeling, social gaming, real-time advertising platforms, geospatial processing and medical imaging.
The emerging trend of digitization of business operations, along with the growing demand for real-time analysis of data, is one of the key factors driving the growth of the market. Organizations are adopting applications that can run advanced queries and perform complex analysis on large datasets. Moreover, IMC also aids in minimizing the load on the organization’s information technology (IT) infrastructure and overall operational costs while freeing up resources, boosting business insights and enhancing efficiencies. In line with this, increasing adoption of dynamic random-access memory (DRAM)-based IMC systems in the banking, financial services and insurance (BFSI) industry is also contributing to the market growth. Banks and other financial institutions use IMC for fraud detection, risk management, financial analysis and monitoring of transactions. Other factors, including improvements in the information technology (IT) sector, along with the rising demand for rapid data processing across industries, are projected to drive the market further.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global in-memory computing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, organization size and vertical.
Breakup by Component:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- In-Memory Data Management Solutions and Services
- In-Memory Computing Platforms
- Server Applications
- Analytics Applications
Breakup by Organization Size:
- Small and Medium Enterprises
- Large Enterprises
Breakup by Vertical:
- BFSI
- Healthcare
- IT and Telecom
- Government
- Others
Breakup by Region:
To get more information on the regional analysis of this market, Request Sample
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Altibase Corp., Fujitsu Ltd., GigaSpaces Technologies Inc., GridGain Systems Inc., HCL Technologies Limited, International Business Machines Corporation, Microsoft Corporation, NTT DATA Corporation (Nippon Telegraph and Telephone), Oracle Corporation, SAP SE, SAS Institute Inc., Software AG, TIBCO Software Inc. (Vista Equity Partners), etc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Component, Organization Size, Vertical, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Altibase Corp., Fujitsu Ltd., GigaSpaces Technologies Inc., GridGain Systems Inc., HCL Technologies Limited, International Business Machines Corporation, Microsoft Corporation, NTT DATA Corporation (Nippon Telegraph and Telephone), Oracle Corporation, SAP SE, SAS Institute Inc., Software AG and TIBCO Software Inc. (Vista Equity Partners) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global in-memory computing market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global in-memory computing market?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global in-memory computing market and who are the key players?
- What is the degree of competition in the industry?