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Global In Memory Computing Market Overview, SWOT Analysis, Applications, Trends and Forecast 2021 – 2030

In a recently published report, Global In Memory Computing Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global In Memory Computing Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Data is everywhere, be it financial services, user data management, competitors analysis, real time computing, there can be en number of other purposewhich can be served. For e.g.: Analytics is a science of raw data examining, meaningful pattern analysis and drawing conclusions at various levels, hence this calls for high demand of effective and simple data access technology together with coherent analytics and transactional functionality.
In-Memory Computing (IMC) is a technology which helps in storing data in Random Access Memory (RAM) of the server rather than in complicated relational databases operating on slow disk drives. This technology was developed by SAP, called High-Speed Analytical Appliance (HANA), ituses a technique called sophisticated data compression to store data in RAM. This results in HANA’s performance faster than standard disk by 10,000times.

Few user applications could be:
-Big Data
-Financial fraud Prevention
-Banking
-Government


MARKET DYNAMICS
Its projected growth was USD 1 billion however the market was valued at USD 6.942 billion in 2016 and is projected to reach USD 33.927 billion by 2022.Growing trend towards enhancing the RAM size is also expected to provide manynew ways for IMC growth. Government initiatives such as Unique Identification Card (UID) createsabundance of demand as to increase digitization at national level could catapult need for IMC.

MARKET SEGMENTATION
The market can be segmented based on two categories
-In-memory data management:It aims at providing organizations with optimum utilization of large amount of data specifically for strategic advantages, high processing speeds, decreased anomalies and hence increasing productivity.
-In-memory application: It helps those organizations which aim at developing applications that perform complex transactions and run advanced queries.

IMC can be segmented on basis of sales, product and revenue as well:
1. Medium and small business 2. Large Enterprises

GEOGRAPHIC ANALYSIS
Considering market study on geographical regions, the America aims at accounting for almost 48% of the total shares of the IMC market by 2020 and will also dominate this market in the upcoming forecasted period. Asia-Pacific is one of the growing regions in the IMC market. Increasing volume of big data together with presence of a large number of SMBs are the core drivers of the region. The Asia-Pacific region can cater to various market verticals partly because of growing number of SMBs and highly skilled workforce which represents huge potential for growth in this market. However maximum revenue will be derived from US and Canada region.

FUTURE POSSIBILITIES
With high population and high data availability will bring the need to manage huge data, which will instigate users to increase RAM size, and hence will increase the cost. Huge data storage raises the risk of Cyber-crime/theft, thus making identities and information more vulnerable. Increasing use of RAM and DRAM has led to high system cost, which could also be one of the reasons of change in demand over the next seven years.

KEY PLAYERS
SAP SE, IBM Corporation, HCL Technologies Limited, Oracle Corporation, GridGaiN, MicroSoft.

Report ContentsRegional AnalysisReport Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

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North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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Email : sales@kennethresearch.com
Phone: +1 313 462 0609

Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .

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