The Global In-Memory Analytics Market 2018-2023: CAGR to Grow at 25.1% - ResearchAndMarkets.com
Aug. 20, 2018
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global In-Memory Analytics Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The In-Memory Analytics market was valued at USD 1.04 billion in 2017 and is expected to grow at a CAGR of 25.1% during the forecast period (2018-2023), to reach USD 3.97 billion by 2023.
In-memory analytics methodology helps in solving complex and time-sensitive business scenarios. It has not only emerged as a faster and affordable solution, but is also facilitates organizations in the integration of information and presents a holistic view of the situation at hand, powered by real-time data that strengthens the decision-making process.
The digital transformation of end-users leading to adoption of real-time analytics. Also, the growth of data generation is demanding enhanced analytics tools to get swift results, this is further augmented by the advancements in computational technology which is getting faster as time passes.
However, the lack of awareness about these products or the higher penetration of conventional analytics tools can act as a restraint for the market.
Key HighlightsCloud Deployment is the Fastest Growing Model Asia-Pacific is the Fastest Growing In-Memory Analytics Market
Notable Developments in the MarketLenovo announced an in-memory analytics solution designed for use with SAP's S/4HANA technology. It is known as Lenovo Scalable Solution for SAP HANA. The offering is designed to help S/4HANA users accelerate application performance and expand memory scalability beyond current thresholds to support workloads. IBM announced Integrated Analytics System, which is designed to give users quick, easy access to data science capabilities, and coupled with the ability to work with their data across private, public or hybrid cloud environments.
Key Topics Covered
2. In-Memory Analytics Market Research Methodology
3. Executive Summary
4. In-Memory Analytics Market Dynamics
5. Global In-Memory Analytics Market Segmentation
6. Competitive Intelligence - Company ProfilesSAP SE Activeviam Amazon Web Services Inc. IBM Corporation Information Builders Inc. Kognitio Ltd. Microstrategy Incorporated Oracle Corporation SAS Institute Inc. Software AG
7. Investment Analysis
8. Future Outlook on the In-Memory Analytics Market
For more information about this report visit https://www.researchandmarkets.com/research/cgd8hd/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005403/en/
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Related Topics:Data Analytics
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE
SOURCE: Research and Markets
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PUB: 08/20/2018 11:05 AM/DISC: 08/20/2018 11:05 AM