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In-Memory Analytics Market

Global In-Memory Analytics Market Size, Share, Growth: By Application: Customer Experience Management, Design and Innovation, Operation Optimisation, Marketing Management, Others; By End Use: Small and Medium Enterprise, Large Enterprises; By Vertical: BFSI, Healthcare, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global In-Memory Analytics Market Outlook

The global in-memory analytics market reached a value of about USD 2.97 billion in 2023. The industry is further expected to grow at a CAGR of 25.40% in the forecast period of 2024-2032 to reach a value of  around USD 22.82 billion by 2032.

 

Global In Memory Analytics Market

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North America to Hold a Significant Share in the Global Market for In-Memory Analytics

North America is one of the leading regions in the global market for in-memory analytics, owing to the early adoption of new technologies. In addition, the presence of a large number of in-memory analytics vendors in North America is another factor that is positively influencing the growth of the regional market.  Further, the strong wireless connectivity infrastructure in North America and Canada has favoured the widespread adoption of in-memory analytics, thus augmenting the market growth. In addition, the market is being driven by the increased focus on data analytics by several leading organisations, which has spurred the adoption of in-memory analytics.  Moreover, timely acceptance of the expertise in several subdivisions, for example, healthcare, e-commerce and retail, telco’s and ITES, and BFSI, among others, has boosted the development of the market in North America.

Meanwhile, the Asia Pacific region is expected to grow at a significant pace during the forecast period owing to the increased deployment of in-memory computing systems across small and medium enterprises (SMEs) for advanced analytics. In addition, rising adoption of advanced technology in BFSI, government, retail, and e-commerce sectors in countries such as China, India, and Japan, is further expected to augment the  growth of the regional market.

 

In-Memory Analytics: Market Segmentation

In-memory analytics refers to a method of querying data resided in random-access memory (RAM), as opposed to querying data stored on physical disks. It can be rapidly, securely, and concurrently used by multiple users across multiple applications and generates deep insights quickly and precisely, resulting in informed and proactive decisions. It also increases revenue, manages risks, and aids in the development of new products or services.

 

Global In Memory Analytics Market By Segment

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Based on application, the market is divided into:

  • Customer Experience Management
  • Design and Innovation
  • Operation Optimisation
  • Marketing Management
  • Real-Time Analysis and Decision-Making
  • Others

On the basis of end use, the market can be classified into:

  • Small and Medium Enterprise
  • Large Enterprises

The market, based on vertical, can be segmented into:

  • BFSI
  • Retail and E-commerce
  • Government and Defence
  • Healthcare
  • Manufacturinz
  • Telcos and ITES
  • Others

The EMR report looks into the regional markets for in-memory analytics like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global In Memory Analytics Market By Region

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Digital Transformation Using Real-Time Data Analytics Boosting the Market Growth

The growth in the global market for in-memory analytics can be associated with the role of digital transformation in shaping the external and internal-facing technology of businesses. This digital transformation is augmenting the adoption of real-time analytics, as technology trends such as hyper-connectivity, cloud computing, and big data intersect with social and business trends. This allows businesses to implement hybrid transactional/analytical processing (HTAP) strategies, which have the potential to revolutionise data processing by providing real-time insights into large data sets while lowering costs.

Further, the rise in the demand for self-service business intelligence and advanced technologies are additional factors fuelling the growth of the market. Moreover, the growth of the market can be associated with improved scalability and security with cloud-based in-memory analytics and its higher adoption by small and medium enterprises (SMEs). Apart from this, the growing utilisation of online banking services is accelerating the adoption of in-memory analytics in the banking, financial services, and insurance (BFSI) sector, thereby pushing the growth of the global market.

 

Key Industry Players in the Global In-Memory Analytics Market

The report gives a detailed analysis of the following key players in the global in-memory analytics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Oracle Corporation
  • SAP SE
  • International Business Machines Corporation
  • Software AG
  • MicroStrategy Incorporated
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use
  • Vertical
  • Region
Breakup by Application
  • Customer Experience Management
  • Design and Innovation
  • Operation Optimisation
  • Marketing Management
  • Real-Time Analysis and Decision-Making
  • Others
Breakup by End Use
  • Small and Medium Enterprise
  • Large Enterprises
Breakup by Vertical
  • BFSI
  • Government and Defence
  • Healthcare
  • Manufacturing
  • Telcos and ITES
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Oracle Corporation
  • SAP SE
  • International Business Machines Corporation
  • Software AG
  • MicroStrategy Incorporated
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global In-Memory Analytics Market Analysis

    8.1    Key Industry Highlights
    8.2    Global In-Memory Analytics Historical Market (2018-2023) 
    8.3    Global In-Memory Analytics Market Forecast (2024-2032)
    8.4    Global In-Memory Analytics Market by Application
        8.4.1    Customer Experience Management
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Design and Innovation
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Operation Optimisation
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Marketing Management
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Real-Time Analysis and Decision-Making
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global In-Memory Analytics Market by End Use
        8.5.1    Small and Medium Enterprise
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Large Enterprises
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global In-Memory Analytics Market by Vertical
        8.6.1    BFSI
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Retail and E-commerce
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Government and Defence
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Healthcare
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Manufacturing
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Telcos and ITES
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Others
    8.7    Global In-Memory Analytics Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America In-Memory Analytics Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe In-Memory Analytics Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific In-Memory Analytics Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America In-Memory Analytics Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa In-Memory Analytics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Oracle Corporation
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    SAP SE
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    International Business Machines Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Software AG
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    MicroStrategy Incorporated
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global In-Memory Analytics Market: Key Industry Highlights, 2018 and 2032
2.    Global In-Memory Analytics Historical Market: Breakup by Application (USD Billion), 2018-2023
3.    Global In-Memory Analytics Market Forecast: Breakup by Application (USD Billion), 2024-2032
4.    Global In-Memory Analytics Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global In-Memory Analytics Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global In-Memory Analytics Historical Market: Breakup by Vertical (USD Billion), 2018-2023
7.    Global In-Memory Analytics Market Forecast: Breakup by Vertical (USD Billion), 2024-2032
8.    Global In-Memory Analytics Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global In-Memory Analytics Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America In-Memory Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America In-Memory Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe In-Memory Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe In-Memory Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific In-Memory Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific In-Memory Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America In-Memory Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America In-Memory Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa In-Memory Analytics Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa In-Memory Analytics Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global In-Memory Analytics Market Structure

Key Questions Answered in the Report

The global in-memory analytics market attained a value of about USD 2.97 billion in 2023.

The market is projected to grow at a CAGR of 25.40% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 22.82 billion by 2032.

The market is being driven by the rapid digital transformation across industry verticals owing to the rising importance of data analytics.

An increased deployment of in-memory computing systems across small and medium enterprises (SMEs) and digital transformation using real-time data analytics are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading applications of in-memory analytics are customer experience management, design and innovation, operation optimisation, marketing management, and real-time analysis and decision-making, among others.

The significant end uses of in-memory analytics includes small and medium enterprise and large enterprises.

The major verticals of in-memory analytics are BFSI, retail and e-commerce, government and defence, healthcare, manufacturing, telcos and ITES, among others.

The major players in the industry are Oracle Corporation, SAP SE, International Business Machines Corporation, Software AG, and MicroStrategy Incorporated, among others.

Analyst Review

The global in-memory analytics market attained a value of about USD 2.97 billion in 2023, driven by the rapid digital transformation across industry verticals Aided by the adoption of in-memory analytics by small and medium enterprises (SMEs), the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 25.40%. The market is projected to reach around USD 22.82 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the market can be segmented into customer experience management, design and innovation, operation optimisation, marketing management, and real-time analysis and decision-making, among others. Based on end use, the market can be divided into small and medium enterprise and large enterprises. The market, based on vertical, can be classified into BFSI, retail and e-commerce, government and defence, healthcare, manufacturing, telcos and ITES, among others. The major regional markets for in-memory analytics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Oracle Corporation, SAP SE, International Business Machines Corporation, Software AG, and MicroStrategy Incorporated, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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