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In-Memory Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 145 Pages
  • November 2022
  • Region: Global
  • IMARC Group
  • ID: 5700782

Quick Summary:

In a business landscape shaped increasingly by the digital revolution, the exponential growth of data necessitates agile and efficient tools for analysis. The global in-memory analytics market is that vital tool for businesses seeking to leverage this proliferation of data quickly, accurately, and cost-effectively.

In-memory analytics allows for the rapid querying of data in RAM by multiple users across diverse applications securely and concurrently. In doing so, it provides deep insights that result in informed, proactive decision-making. Business benefits include enhanced revenue, risk management, and the innovation of new products or services. This capability also frees organizations from time-consuming tasks such as query analysis and cube building. The result is simplified data access, immediate action and response, and a successful meeting of shifting consumer demands.

The cost-effectiveness of in-memory analytics, in comparison to constructing a data warehouse, makes it a popular choice for small and medium-sized enterprises. It makes data analysis of varying sizes and complexities both quick and affordable. Additionally, the growing use of online banking services expands its use in the banking, financial services, and insurance sector for tasks such as risk and transaction management and detection of fraudulent payments. The use of this technology for real-time directions, including traffic congestion awareness, suggested routes, and identification of traffic hazards in the logistics and transportation sector, underscores its wide applicability and its potential for market expansion.

The global in-memory analytics market size reached US$ 3.6 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 14.2 Billion by 2027, exhibiting a CAGR of 25.7% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

In-memory analytics query data in random access memory (RAM) can be used by multiple users across different applications rapidly, securely, and concurrently. It provides deep insights with speed and precision, resulting in informed and proactive decisions. It also increases revenue, manages risks, and assists in new product or service innovation. Consequently, organizations worldwide are adopting in-memory analytics as it helps them minimize the time spent on query analysis, cube building, aggregate table designing, and other time-consuming tasks. It further enables them to simplify access to data sources, deliver immediate actions and responses, and meet evolving consumer demands.

In-Memory Analytics Market Trends:

A considerable rise in the adoption of digital technology to transform services or businesses is resulting in a massive proliferation of data in databases. This acts as a primary factor promoting the need for in-memory analytics for fast access to information and easy analysis. Moreover, it is a cost-effective alternative to data warehouses for small and medium-sized enterprises (SMEs) that lack the expertise and resources to construct a data warehouse. In-memory analytics provides the ability to analyze data of varied sizes and complexities with unprecedented speed at an affordable cost. Apart from this, the growing utilization of online banking services is positively influencing the application of in-memory analytics in the banking, financial services, and insurance (BFSI) sector worldwide for risk and transaction management and detection of fraud payments. Furthermore, it is utilized in applications involving geographic information system (GIS) processing. The widespread use of GIS processing for real-time directions on traffic congestion, recommended routes, and traffic hazards in the logistics and transportation industry is anticipated to drive the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global in-memory analytics market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application, organization size and vertical.

Breakup by Application:

  • Customer Experience Management
  • Design and Innovation
  • Operation Optimization
  • Marketing Management
  • Real-Time Analysis and Decision-making
  • Others

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by Vertical:

  • BFSI
  • Retail and E-commerce
  • Government and Defense
  • Healthcare
  • Manufacturing
  • IT and Telecommunication
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ActiveViam, Amazon Web Services Inc., Hitachi Ltd., Information Builders Inc. (Tibco Software Inc.), International Business Machines Corporation, Kognitio Ltd, Microstrategy Incorporated, Oracle Corporation, Qlik Technologies, SAP SE, SAS Institute Inc. and Software AG.

Key Questions Answered in This Report:

  • How has the global in-memory analytics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global in-memory analytics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global in-memory analytics market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global In-Memory Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Customer Experience Management
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Design and Innovation
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Operation Optimization
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Marketing Management
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Real-Time Analysis and Decision-making
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Organization Size
7.1 Small and Medium Enterprises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Large Enterprises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Vertical
8.1 BFSI
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retail and E-commerce
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Government and Defense
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Healthcare
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Manufacturing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 IT and Telecommunication
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ActiveViam
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Amazon Web Services Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Hitachi Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Information Builders Inc. (Tibco Software Inc.)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 International Business Machines Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Kognitio Ltd
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Microstrategy Incorporated
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Oracle Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Qlik Technologies
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 SAP SE
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 SAS Institute Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 SWOT Analysis
14.3.12 Software AG
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
List of Figures
Figure 1: Global: In-Memory Analytics Market: Major Drivers and Challenges
Figure 2: Global: In-Memory Analytics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: In-Memory Analytics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: In-Memory Analytics Market: Breakup by Application (in %), 2021
Figure 5: Global: In-Memory Analytics Market: Breakup by Organization Size (in %), 2021
Figure 6: Global: In-Memory Analytics Market: Breakup by Vertical (in %), 2021
Figure 7: Global: In-Memory Analytics Market: Breakup by Region (in %), 2021
Figure 8: Global: In-Memory Analytics (Customer Experience Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: In-Memory Analytics (Customer Experience Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: In-Memory Analytics (Design and Innovation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: In-Memory Analytics (Design and Innovation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: In-Memory Analytics (Operation Optimization) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: In-Memory Analytics (Operation Optimization) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: In-Memory Analytics (Marketing Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: In-Memory Analytics (Marketing Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: In-Memory Analytics (Real-Time Analysis and Decision-making) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: In-Memory Analytics (Real-Time Analysis and Decision-making) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: In-Memory Analytics (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: In-Memory Analytics (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: In-Memory Analytics (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: In-Memory Analytics (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: In-Memory Analytics (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: In-Memory Analytics (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: In-Memory Analytics (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: In-Memory Analytics (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: In-Memory Analytics (Retail and E-commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: In-Memory Analytics (Retail and E-commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: In-Memory Analytics (Government and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: In-Memory Analytics (Government and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: In-Memory Analytics (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: In-Memory Analytics (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: In-Memory Analytics (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: In-Memory Analytics (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: In-Memory Analytics (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: In-Memory Analytics (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: In-Memory Analytics (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: In-Memory Analytics (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: In-Memory Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: In-Memory Analytics Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: In-Memory Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: In-Memory Analytics Industry: SWOT Analysis
Figure 88: Global: In-Memory Analytics Industry: Value Chain Analysis
Figure 89: Global: In-Memory Analytics Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: In-Memory Analytics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: In-Memory Analytics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 3: Global: In-Memory Analytics Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 4: Global: In-Memory Analytics Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 5: Global: In-Memory Analytics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: In-Memory Analytics Market: Competitive Structure
Table 7: Global: In-Memory Analytics Market: Key Players

Companies Mentioned

  • ActiveViam
  • Amazon Web Services Inc.
  • Hitachi Ltd.
  • Information Builders Inc. (Tibco Software Inc.)
  • International Business Machines Corporation
  • Kognitio Ltd
  • Microstrategy Incorporated
  • Oracle Corporation
  • Qlik Technologies
  • SAP SE
  • SAS Institute Inc.
  • Software AG.

Methodology

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