Global Data Analytics Outsourcing Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
May. 16, 2018
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The "Global Data Analytics Outsourcing Market - Segmented by Type, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The data analytics outsourcing market was valued at USD 1.90 billion in 2017, and is expected to reach USD 6.07 billion by 2023 at a CAGR of 21.35% during the forecast period of 2018-2023.
The number of smartphones has been increasing for the past 5-6 years; this means that a huge amount of data in the form of text and voice data is generated, which presents a massive opportunity for the telecom industry to generate insights from it. Not only has the number of smartphones increased but the time an individual spends on it has also increased. In the US, a smartphone user on an average spends 4.7 hours on his phone; this could help in the analysis to generate personalized content.
Smartphone growth is also contributing to the increase in e-commerce, which is driving the analytics industry. Increase in e-commerce sales and companies has been significant and is expected to increase even more. With many companies coming up, the competitive landscape is driving the companies to acquire analytics for competitive advantage. The primary benefactors are marketing analytics companies, as e-commerce companies are trying to acquire as many customers as possible by providing customized solutions/ products.
Companies MentionedAccenture PLC Capgemini SE Cognizant Technology Solutions Corp. Fractal Analytics Inc. Genpact Ltd Gramener IBM Corporation Infosys Ltd Mu Sigma Inc. Opera Solutions LLC Tata Consultancy Services Ltd Wipro Ltd WNS Global Services Private Limited ZS Associates Inc.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Data Analytics Outsourcing Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Outlook of Data Analytics Outsourcing Market
For more information about this report visit https://www.researchandmarkets.com/research/w4dscn/global_data?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005767/en/
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Related Topics:Data Analytics
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT PROFESSIONAL SERVICES HUMAN RESOURCES
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PUB: 05/16/2018 08:57 AM/DISC: 05/16/2018 08:57 AM