Global In-Memory Computing Market Research Report

The Global In Memory Computing (IMC) market is expected to grow from $2241.7 million in 2013 to $13425.5 million by 2018, at a CAGR of 43.0% during the given period. The market is primarily driven by the need for real-time analysis of voluminous databases.

It became very difficult for the enterprises to analyze and manage voluminous databases on real time basis. Industries with high number of transactions per second require more hardware, and the analysis of this data on a real-time basis is a very tedious job. The traditional disk-based database technology can accommodate large volume of data but is incompetent to analyze such data in real-time.  By this technology data is first brought into the main memory, which is nearer to the processor and after processing, data is sent back to the secondary memory for analysis. This input/output phenomenon takes a lot of time and creates latency thus making the process costly, and yields high operating expenses.

In-Memory Computing (IMC) allows the whole database to remains in the main memory of the system and hence reduces several complexities such as physical space requirements and latency during analysis. With the help of IMC, databases are compressed by data compression algorithms and back-up is maintained with the help of different algorithms such as replication algorithms. The advent of multi-core processors and rising need for predictive analysis has increased the demand for faster technologies, which can analyze data on a real-time basis. Parallel computing is another factor which is in high demand in the market, thereby triggering the need for IMC furthermore.

The report Global in Memory Computing (IMC) market provides a competitive benchmarking of leading players in this market such as SAP, Oracle and others in terms of their product offerings, key strategies and operational parameters. The Global in Memory Computing (IMC) market report further provides global market trend, overall adoption scenario, competitive landscape and key drivers, restraints, and opportunities. The Global in Memory Computing (IMC) market report aims at estimating the current market size and the future growth potential of the different Global in Memory Computing (IMC) market offerings across different solutions, deployment models, end-users and geographies. The geographies covered in this report are North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).