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Key Applications Fueling In-Memory Computing Market Growth to $72.4 Bn
The digital world is becoming increasingly data-driven, and businesses across all sectors are scrambling to find ways to process this data faster and more efficiently. The rise of in-memory computing (IMC) has provided organizations with a game-changing solution to address the growing demand for rapid data processing. Unlike traditional disk-based storage, in-memory computing stores data directly in the system’s RAM (Random Access Memory), allowing for near-instantaneous access and processing of data.
This technology is critical for applications that require real-time data processing, such as financial services, healthcare, retail, and manufacturing. In-memory computing reduces the time it takes to access data, which improves decision-making, operational efficiency, and overall customer experience. As businesses strive to keep up with the pace of digital transformation, in-memory computing has proven to be a critical enabler.
According to Persistence Market Research's projections, the global in-memory computing market size is expected to rise from US$ 23.7 billion…