Global Advanced Analytics Market Estimated to Reach nearly US$ 14,000 Mn by 2022 end

An insightful study, titled “Advanced Analytics Market: APEJ to Remain Most Lucrative Market for Advanced Analytics: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2022)” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This 170 page research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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Advanced analytics is a semi-autonomous/autonomous data or content examination by using sophisticated tools and techniques for discovering deeper insights, generating recommendations, and making predictions. Various solutions of advanced analytics include predictive analytics, social media analytics, risk analytics, visual analytics, and big data analytics.

Currently, the volume of data generated is continuously evolving and expanding, and traditional analytics solutions have become inefficient in adapting to this huge amount of structured & non-structured data. With the emergence of advanced analytics, the organisations are capable of incorporating effective techniques such as data mining, location intelligence, and big data analytics, for extracting valuable information from their data. This further helps these organisations in making better decisions for their business. Various organisations across the globe are seeking advanced analytics solutions for tackling challenges associated with big data, supported by the advent of new technologies associated with business intelligence & analytics.

A slew of small- and medium-sized companies have come up with updated solutions & services for optimising efficiency of businesses at comparatively lower costs than the established players. The global market for advanced analytics is highly consolidated, with a few large companies accounting for significant revenue shares of the market. Leading market players possess the ability to offer high-quality and innovative services to end-users. The perception of advanced analytics being expensive is rapidly changing, with several enterprises understanding benefits of analytics in the development of customer-oriented market strategies.

According to a new study by Market Research Reports Search Engine (MRRSE), the global advanced analytics market will ride on a healthy CAGR during the forecast period (2017-2022). Global revenues from advanced analytics market are estimated to reach nearly US$ 14,000 Mn by 2022-end.

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In its concluding chapters, the report has offered information regarding competition landscape of the advanced analytics market around the world. In these chapters, leading market players have been profiled by the report in detail. The information on the market participants is provided on the basis of product overview, company overview, key developments, SWOT analysis, and key financials. For report readers, information on the competition landscape of the global advanced analytics market is imperative, as it offers necessary insights for examining current market standings of global leaders, and how these leaders are implementing strategies to gain a competitive edge in the global advanced analytics market.

A tested & proven research methodology has been leveraged by the analysts from Market Research Reports Search Engine (FMI), to reach at revenue estimations pertaining to the global advanced analytics market. FMI’s analysts have employed an in-depth secondary research to reach at overall market size, providing information on leading industries’ contributions. In-depth primary interview have been conducted by the analysts with industry experts for aggregating authentic data related to the global advanced analytics market. The data acquired has then been scrutinised & validated, by using advanced tools to extract relevant insights associated with the global advanced analytics market.

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