ASIA PACIFIC IN-MEMORY ANALYTICS MARKET FORECAST 2021-2028

ASIA PACIFIC IN-MEMORY ANALYTICS MARKET FORECAST 2021-2028

  • December 2020 •
  • 128 pages •
  • Report ID: 5994842 •
  • Format: PDF
KEY FINDINGS
The Asia Pacific in-memory analytics market is predicted to evolve with a CAGR of 23.78%, across the forecast years of 2021 to 2028. The region’s primary market growth propellers include the increasing expenditure on the internet of things (IoT), the adoption of in-memory analytics within diverse industrial verticals like, retail and healthcare, the developments in communication networks, and technical innovations.

MARKET INSIGHTS
The Asia Pacific in-memory analytics market growth is studied by analyzing South Korea, Japan, Thailand, Indonesia, Australia & New Zealand, Singapore, India, and the rest of the Asia Pacific.South Korea’s government decided to spend over S$4 billion of its 2020 budget on technologies, like artificial intelligence (AI).

This was done with a proposition to bolster the country’s economy, research and development, and infrastructure. Moreover, the government also intends to expend nearly than S$1.7 trillion on big data platforms, 5G network services, and AI, over the upcoming years. Besides, an additional S$3 trillion is projected to be invested in South Korea’s bio-health, semiconductors, and ‘future car technology.’
On the other hand, Indonesia has the fourth-largest growth in internet users, worldwide.The country also observes numerous opportunities, in addition to significant threats, owing to the development of the internet and digital technology.

Similarly, digital technology has the potential to increase Indonesia’s annual economic growth by 2%, since the country facilitates the development of small to medium enterprises. Hence, these factors are anticipated to drive the Asia Pacific in-memory analytics market growth during the forecast period.

COMPETITIVE INSIGHTS
Key companies operating in the market are, Hitachi Ltd, Amazon Web Services Inc, DataStax Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. IBM CORPORATION
2. MICROSOFT CORPORATION
3. AMAZON WEB SERVICES INC
4. SAS INSTITUTE
5. SAP SE
6. SOFTWARE AG
7. HITACHI LTD
8. ALTIBASE CORPORATION
9. ORACLE CORPORATION
10. GRIDGAIN SYSTEMS INC
11. GIGASPACES TECHNOLOGIES INC
12. DATASTAX INC