Lucintel Forecasts In-Memory Analytics Market to grow at a CAGR of 24% to 26% from 2021 to 2026

According to the recent study the in-memory analytics market is projected to grow at a CAGR of 24% to 26% from 2021 to 2026. Growth in this market is primarily driven by increasing need for self-service business intelligence and advanced technologies.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in in-memory analytics market by application (customer experience management, design & innovation, operation optimization, marketing management, real-time analysis, decision-making and others), size of organization (small and medium-sized businesses (SMBs) and large enterprises), and end use industry (banking, financial services, and insurance (BFSI), telecommunications and IT, retail and eCommerce, healthcare and life sciences, manufacturing and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Customer experience management market is expected to remain the largest segment during the forecast period.”
Based on application, the in-memory analytics market is segmented into customer experience management, design & innovation, operation optimization, marketing management, real-time analysis, decision-making and others. Lucintel forecasts that the customer experience management market is expected to remain the largest segment due to huge demand by enterprises to manage customer requirements and provide customized services. In-memory analytics provides competitive advantage to enterprises.
“Within the in-memory analytics market, the BFSI segment is expected to remain the largest end use industry”
Based on end use industry the BFSI segment is expected to witness the highest growth over the forecast period due to increasing customer base that requires banking and insurance sector to compiles large amounts of data from many sources.
“North America will dominate the in-memory analytics market in near future”
North America will remain the largest region during the forecast period due to early adopters of in-memory analytics; presence of strong wireless connectivity supports the growth of in-memory analytics.
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Major players of in-memory analytics market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Oracle, SAP SE, MicroStrategy Inc., International Business Machines (IBM), Software AG, Amazon Web Services, and SAS Institute Inc. are among the major in-memory analytics providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/in-memory-analytics-market.aspx or helpdesk@lucintel.com
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