The technological advancement in computational power, volume data, and digital transformation of the business using real-time analytics are prime drivers of the in-memory analytics market. In addition, growing adoption of strategic planning tools across the organizations has also driven the growth of in-memory analytics market.
Portland, OR -- (SBWIRE) -- 03/02/2018 -- The technological advancement in computational power, volume data, and digital transformation of the business using real-time analytics are prime drivers of the in-memory analytics market. In addition, growing adoption of strategic planning tools across the organizations has also driven the growth of in-memory analytics market.
Memory analytics is a strategic method tool that is used to solve complex and time-sensitive business problems. It works by increasing the speed, performance, and reliability while fetching the data from database. The need to have a deep insight to increase revenue and peruse a new product innovation is creating the need for in-memory analytics among enterprises.
Get PDF Brochure of this Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/3893
The market is fragmented with the presence of a significant number of key vendors. The key players are trying to acquire regional players to increase their market reach and mark their presence in the in-memory analytics market. The key vendors are trying to get a competitive edge over others via technological innovation.
The market is segmented by component, application, deployment type, organization size, industry vertical, and region. By component, it is further divided into software and services. The in-memory analytics market by application includes risk management & fraud detection, sales & marketing optimization, financial management, supply chain optimization, predictive asset management, product & process management, and other application categories.Based on industry vertical, the global in-memory analytics market is segmented into banking, financial, and insurance (BFSI), aerospace & defense, healthcare, public sector, IT & telecom, retail, and others. The market segmentation on the basis of geography includes North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive analysis and profiles of the major market players such as SAP SE., Microstrategy Incorporated, Kognitio Ltd., SAS Institute, Inc., Hitachi, Ltd., Oracle Corporation, IBM Corporation, Information Builders, Inc., Software AG USA Inc., and Amazon Web Services Inc., are also provided in this report.