DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "In-Memory Analytics Market - Global Forecast to 2022" report to their offering.
The global in-memory analytics market size is expected to grow from USD 1.26 billion in 2017 to USD 3.85 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.1%.
The need to induct real-time decision-making in business processes with faster analytics tools has been driving the market growth. Organizations are inclining towards in-memory analytics software that permits to store operational data onto a single database, which can handle all data-to-day transactional data and analytical requests in real-time. The in-memory analytics software with high performance allows users to retrieve better query results and experiments with the data in creating enhanced business models. Falling Random Access Memory (RAM) prices and technological advancements in computing power would drive the market growth. However, lack of awareness across industries regarding benefits of in-memory analytics would restrain the market.
Among services, the managed service segment is expected to grow at highest CAGR during the forecast period. The demand for consulting services is exhibiting a significant growth, mainly because almost every technological domain requires well-delivered managed services. The vendors offer services that match the client's requirements. Technical expertise, service consistency, and flexibility must be provided by the vendors, regardless of the location of the client. Managed services are beneficial to customers to sustain their position in the market.
- Advizor Solutions, Inc.
- Amazon Web Services
- Hitachi Group Company
- IBM Corporation
- Information Builders, Inc.
- Kognitio Ltd
- Microstrategy Incorporated
- Oracle Corporation
- Qlik Technologies, Inc.
- SAP SE
- SAS Institute, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 In-Memory Analytics Market Analysis, By Component
7 In-Memory Analytics Market Analysis, By Application
8 In-Memory Analytics Market Analysis, By Deployment Model
9 In-Memory Analytics Market Analysis, By Organization Size
10 In-Memory Analytics Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/jbtttl/inmemory