This is quite low value for a large DB and for modern hardware. There are numerous recommendations on how big this value should be. It makes sense to try setting this value and run your benchmarks.
To increase kernel shared memory limitation edit /etc/sysctl.conf and add or replace the following (about 110 MB in this example):
kernel.shmmax = 110000000
Then run
sudo sysctl -p
to make the settings be effective immediately.