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The global advanced analytics industry is expected to reach more than $ 74 billion by 2028

Dublin, July 29, 2021 / PRNewswire /- Advanced Analysis by Type (Big Data Analysis, Business Analysis), Deployment (On-Premises, Cloud), Company Size, End Use, Region and Segment Advanced Analysis Market Size, Share and Trend Analysis Report, 2021-2028 “ Report added ResearchAndMarkets.com Recruitment.

The size of the world’s advanced analytical market US $ 7.499 billion By 2028, register a CAGR of 25.7% over the forecast period. Increased use of analytics by existing companies in industries such as retail, IT, telecom and BFSI drives market growth due to various features such as behavioral analytics, buyer pattern recognition, demand forecasting and trade promotion optimization. It is expected that. .. The occurrence of the COVID-19 pandemic relies on remote working from existing companies in various end-use industries, and then leverages database decisions for advanced analysis to ensure operational stability and business process optimization. The choice has led to the adoption of particularly advanced analysis. make.On the other hand, the growth of the IT industry in the following emerging economies Brazil, Argentina, Philippines When Egypt, Spurred the demand for workflow optimization.
Selected to drive the demand for advanced analytics.

Aggressive investment by existing companies in various capital-intensive industries such as manufacturing, automobiles and pharmaceuticals in the adoption of advanced technology and digitization for process optimization will lead to growth in market growth during the forecast period. Is expected to promote. By using big data analytics in process optimization, industrial manufacturers can identify variables affecting production quality in real time, improve production processes quickly, and strengthen their supply chains. At the same time, while the demand for forecasting solutions is increasing, market players are aggressively launching state-of-the-art analytical software solutions that can be delivered in the cloud. For example, Angoss Software Corporation, SAS Institute, Inc., International Business Machines Corp. and others offer their advanced analytical software solutions primarily in the cloud.

Advanced analysis has emerged as an essential tool for forecasting and predicting trading patterns, power consumption patterns, and rush hour traffic conditions. Advanced analytics can help organizations improve strategic decision making, manage operations smoothly, and then increase profitability. Apart from existing companies in various industries and industries such as military and defense, banking, healthcare and professional services, government agencies are also actively investing in big data analytics. The widespread adoption of analytics to process and protect large amounts of stored data leveraging cloud services such as Google Drive and Microsoft OneDrive is expected to drive market growth.

With the outbreak of the COVID-19 pandemic, organizations have begun to restructure and reinvent their business operations. Progressive analytics allow enterprises to refine their analytic models and data management processes in a changing business environment. At this point, the measures being taken to curb the spread of the coronavirus, such as blockades, telecommuting restrictions, and telecommuting policies, and changes in end-user behavior are the growth of the market during the forecast period.

Advanced Analytical Market Report Highlights

  • The big data analytics segment had the largest market share of over 30% in 2020. The growing popularity of social media and the growing number of virtual online offices have significantly boosted segment growth.
  • Cloud segment forecasts as companies store business data such as procurement data, customer data, and transaction data in the cloud, employ advanced cloud-based analytics to support remote work, and enable real-time decisions. Expected to grow over time.
  • Large companies are focused on improving productivity and efficiency by efficiently managing large amounts of customer and asset data by adopting various advanced analytical solutions such as business analytics and customer analytics. The corporate segment is expected to grow significantly during the forecast period.
  • The BFSI segment is projected to record a CAGR of 25.1% between 2021 and 2028. The growing need to optimize processes, identify fraudulent transactions and facilitate risk management across banks and financial institutions is expected to drive market growth.
  • NS Asia Pacific Regional market is expected to reach US $ 13.33 billion By 2028. India, China When SingaporeDemand for predictive analytics and demand forecasting is increasing, and the increasing incidence of fraud in the BFSI industry is also driving the demand for advanced analytics in the region.

Main topics to cover:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Advanced Analytical Industry Perspective
3.1 Market segmentation and scope
3.2 Market size and growth outlook
3.3 Advanced Analytical Market-Value Chain Analysis
3.3.1 Vendor status
3.4 Advanced Analytical Market-Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing amount of data generated worldwide
3.4.1.2 Increasing popularity of online shopping and increasing penetration of social networks
3.4.1.3 Increasing need to address industry-specific challenges
3.4.2 Analysis of market issues
3.4.2.1 Data integration and lack of connectivity
3.4.3 Market Opportunity Analysis
3.4.3.1 Increased demand from the BFSI sector
3.5 Penetration and Growth Outlook Mapping
3.6 Advanced Analytical Market-Analysis of Porter’s Five Forces
3.7 Advanced Analytical Market-Company Market Share Analysis, 2020
3.8 Advanced Analysis Market-PESTEL Analysis
3.10 Advanced Analytical Market-COVID19 Impact Analysis

Chapter 4 Advanced Analysis Type Outlook
4.1 Advanced analytics by type Market share, 2020
4.2 Big data analysis
4.2.1 Advanced Big Data Analytics Market, 2016-2028
4.3 Business analysis
4.3.1 Advanced Business Analysis Market, 2016-2028
4.4 Customer analysis
4.4.1 Advanced Customer Analytics Market, 2016-2028
4.5 Risk analysis
4.5.1 Advanced Risk Analysis Market, 2016-2028
4.6 Statistical analysis
4.6.1 Advanced Statistical Analysis Market, 2016-2028
4.7 Other
4.7.1 Other Advanced Analytical Markets, 2016-2028

Chapter 5 Prospects for Advanced Analytical Development
5.1 Advanced analytics by deployment Market share, 2020
5.2 on-premises
5.2.1 On-Premises Advanced Analytical Market, 2016-2028
5.3 Cloud
5.3.1 Cloud-based advanced analytics market, 2016-2028

Chapter 6 Advanced Analytics Enterprise Size Outlook
6.1 Advanced analytics by company size Market share, 2020
6.2 Large companies
6.2.1 Advanced analytical market for large companies, 2016-2028
6.3 Small and Medium Enterprises (SME)
6.3.1 SME Advanced Analytical Market, 2016-2028

Chapter 7 Outlook for Advanced Analytical Ends
7.1 Advanced Analytical Market Share by End Use, 2020
7.2 BFSI
7.2.1 BFSI Advanced Analytical Market, 2016-2028
7.3 Government
7.3.1 Government Advanced Analytical Market, 2016-2028
7.4 Healthcare
7.4.1 Healthcare Advanced Analytical Market, 2016-2028
7.5 IT & Telecom
7.5.1 Advanced IT and Telecom Analytical Market, 2016-2028
7.6 Military and Defense
7.6.1 Advanced Analytical Market in Military and Defense, 2016-2028
7.7 Other
7.7.1 Advanced Analytical Market for Other End Applications, 2016-2028

Chapter 8 Advanced Analysis Regional Outlook

Chapter 9 Competitive Landscape
9.1 Altair Engineering, Inc.
9.1.1 Company profile
9.1.2 Financial performance
9.1.3 Product Benchmark
9.1.4 Strategic Initiative
9.2 Fair Isaac Corporation
9.2.1 Company profile
9.2.2 Financial performance
9.2.3 Product Benchmark
9.2.4 Strategic Initiative
9.3 International Business Machines Corp.
9.3.1 Company profile
9.3.2 Financial performance
9.3.3 Product Benchmark
9.3.4 Strategic Initiative
9.4 Knife
9.4.1 Company profile
9.4.2 Financial performance
9.4.3 Product Benchmark
9.4.4 Strategic Initiative
9.5 Microsoft Corporation
9.5.1 Company Profile
9.5.2 Financial performance
9.5.3 Product Benchmark
9.5.4 Strategic Initiative
9.6 Oracle Corporation
9.6.1 Company Profile
9.6.2 Financial performance
9.6.3 Product Benchmark
9.6.4 Strategic Initiative
9.7 RapidMiner, Inc.
9.7.1 Company profile
9.7.2 Financial performance
9.7.3 Product Benchmark
9.7.4 Strategic Initiative
9.8 SAP SE
9.8.1 Company profile
9.8.2 Financial performance
9.8.3 Product Benchmark
9.8.4 Strategic Initiative
9.9 SAS Institute Inc.
9.9.1 Company profile
9.9.2 Financial performance
9.9.3 Product Benchmark
9.9.4 Strategic Initiative
9.10 Trianz
9.10.1 Company profile
9.10.2 Financial performance
9.10.3 Product Benchmark
9.10.4 Strategic Initiative

For more information on this report, please visit: https://www.researchandmarkets.com/r/5zkkf3

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The global advanced analytics industry is expected to reach more than $ 74 billion by 2028

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