Advanced Analytics - Worldwide Market Analysis & Outlook to 2023: An $82 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 11, 2018--The “Advanced Analytics Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The advanced analytics market is projected to grow at a CAGR of 23.64% during the forecast period and will grow to US$82.086 billion by 2023 from US$22.981 billion in 2017.
It is increasingly being used by businesses as it facilitates changes and advancements in business practices and helps businesses to forecast future events and behaviors of their strategy.
Moreover, significant cost reduction of different cloud deployment is boosting the adoption of cloud services resulting in the requirement of efficient management of data and thereby providing significant impetus to the market growth. Trend of data-driven decisions is also complementing the demand for these solutions during the forecast period.
Companies are increasingly investing in advanced analytics to have a winning edge over their competitors and have the ability of predicting future trends in an efficient while enabling them to take sound decisions. Rising adoption of advanced analytics solutions by industries such as healthcare, BFSI, retail and transportation is augmenting the advanced analytics market growth.
Geographically, North America holds a significant share in the market owing to a significant increase of structured and unstructured data in the region and the need for efficient management to derive meaningful information out of it.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Advanced Analytics Market Forecast by Type (US$ billion)
6. Advanced Analytics Market Forecast by Application (US$ billion)
7. Advanced Analytics Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company ProfilesAngoss Software Corporation Microsoft IBM Dell SAS Institute Inc. Fair Isaac Corporation TIBCO Software Inc.
For more information about this report visit https://www.researchandmarkets.com/research/x6384g/advanced?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180911005609/en/
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Related Topics:Data Analytics
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT
SOURCE: Research and Markets
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PUB: 09/11/2018 12:00 PM/DISC: 09/11/2018 12:01 PM