San Francisco, 8 April 2019: The Report In-Memory Analytics Market By Application, By End-use (SMEs, Large Enterprises), By
Vertical (BFSI, Retail, Defense, Healthcare, Manufacturing, ITES), By Region,
And Segment Forecasts, 2018 - 2025
The global in-memory analytics market is expected to touch USD 6.62 billion by 2025, according to a study conducted by Grand View Research, Inc. The advancements in technology and the need for cost efficiency have increased the adoption of in-memory analytics. In-memory analytics includes various applications such as customer experience management, design & innovation, operational optimization, marketing management, real-time analysis & decision-making, and others. These solutions not only enable enterprises to increase their operational efficiency, but they also assist them in reducing expenses.
For the in-memory analytics market to work
successfully, seamless connectivity is one of the most important prerequisites.
The presence of a strong wireless connectivity infrastructure in regions such
as North America has facilitated the widespread adoption of in-memory
analytics. Hence, this regional market is expected to see substantial growth in
2017. Additionally, the presence of prominent in-memory analytics market
companies such as SAS Institute, Kognitio, Qlik, SAP SE, and IBM, among others,
is estimated to boost the growth prospects of the in-memory analytics market.
While the rising number of in-memory
analytics devices are propelling the market growth, there has also been
significant concerns over data privacy and data security. As there has been a
significant increase in cyber-attacks around the world, the need to safeguard
the end user from a potential attack would play an essential role in
determining the growth of the in-memory analytics market.
Access Research Report of In-Memory
Analytics Market @ https://www.grandviewresearch.com/industry-analysis/in-memory-analytics-market
Further key findings from the study suggest:
· Healthcare is the fastest growing vertical
at a CAGR of 25.0%. The need for providing real-time insights would prove to be
essential for the growth of the segment.
· Small & Medium Enterprises (SMEs) are
expected to grow at a higher CAGR of 29.0% over the forecast period.
· Benefits such as cost optimization,
operations management, and strategic-decision making are expected to drive the
growth of the in-memory analytics market.
· Customer experience management enabling
customers with customized products and services, is expected to grow at the
CAGR of 24.8% over the forecast period.
· The North American region is currently
leading in the market and the trend is expected to continue over the forecast
period.
· The primary reasons behind the growth of
North American region are the early adoption of the technology and the presence
of leading market players.
· Prominent players operating in the
in-memory analytics market include Oracle, SAP SE, MicroStrategy Inc.,
International Business Machines (IBM), Software AG, among others.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has
segmented the global in-memory analytics market on the basis of application,
end-use, vertical and region:
Application Outlook (Revenue, USD Million;
2014 - 2025)
·
Customer Experience Management
·
Design & Innovation
·
Operational Optimization
·
Marketing Management
·
Real-Time Analysis and Decision-Making
·
Others
End-Use Outlook (Revenue, USD Million; 2014
- 2025)
·
SMEs
·
Large Enterprises
Vertical Outlook (Revenue, USD Million;
2014 - 2025)
·
BFSI
·
Retail & E-commerce
·
Government & Defense
·
Healthcare
·
Manufacturing
·
Telcos & ITES
·
Others
Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa (MEA)
Access Press Release of
In-Memory Analytics Market@ https://www.grandviewresearch.com/press-release/global-in-memory-analytics-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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