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The IMC market is expected to grow from USD 11,404 million in 2020 to USD 24,522 million by 2025, at a CAGR of 16.5% during the forecast period.
In-Memory Computing (IMC) is a type of middleware software that enables users to store data in RAM, across a cluster of computers, and process it in parallel. It primarily relies on keeping data in servers RAM for processing it at faster speeds. It especially relates to processing problems that require extensive access to data analytics, reporting, or warehousing and big data applications. The explosion of big data has prompted much research to develop systems to support ultra-low latency services and real-time data analytics. IMC offers one or multiple strategies for in-memory backups, durable storage backups, and disk-based swap space overflow to end-users. It provides a comprehensive tiered storage approach, wherein users can decide what portion of the overall