New Analysis from Global Industry Analysts Reveals Robust Growth for In-Memory Analytics, with the Market to Reach $6.4 Billion Worldwide by 2026

SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "In-Memory Analytics - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 21031
Companies: 12 - Players covered include ActiveViam; Advizor Solutions, Inc.; Amazon Web Services, Inc.; Exasol, INC.; Hitachi Vantara Corporation; IBM Corporation; Information Builders, Inc.; Kognitio Ltd.; MicroStrategy, Inc.; Oracle Corporation; Qlik Technologies, Inc.; SAP SE; SAS Institute, Inc.; Software AG and Others.
Coverage: All major geographies and key segments
Segments: Application (Risk Management & Fraud Detection, Sales & Marketing Optimization, Financial Management, Supply Chain Optimization, Other Applications); Component (Software, Services); Deployment (Cloud, On-Premise); Vertical (BFSI, Telecommunications & IT, Retail & E-Commerce, Government & Defense, Media & Entertainment, Other Verticals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global In-Memory Analytics Market to Reach $6.4 Billion by 2026
Amid the COVID-19 crisis, the global market for In-Memory Analytics estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$6.4 Billion by 2026, growing at a CAGR of 22% over the analysis period. Software, one of the segments analyzed in the report, is projected to record a 22.6% CAGR and reach US$5.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 20.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $724.9 Million in 2021, While China is Forecast to Reach $1.1 Billion by 2026
The In-Memory Analytics market in the U.S. is estimated at US$724.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2026 trailing a CAGR of 21.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 18.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.3% CAGR. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.