|07-05-2018 08:52 AM CET - IT, New Media & Software||
Global Infrastructure for Business Analytics Market Growth & Innovations Studied for the Period 2017-2026
Press release from: Fact.MR
Business analytics has become an important part of the business helping businesses to boost productivity and also improve growth and marketing strategies. Increasing number of organizations are adopting business analytics to become competitive within the industry. Companies are offering business analytics services irrespective of the domain in which the company is working and the department to which the data belongs. This report, compiled by FactMR, provides in-depth analysis of the global infrastructure for business analytics market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
According to recent study by FactMR, the global infrastructure for business analytics market is likely to expand robustly at a CAGR of 9.2% during the forecast period, 2017-2026. The report further projects that by the end of 2026, over US$ 25 Mn worth of products will be sold in the global infrastructure for business analytics market.
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Enterprises across the globe are actively using a combination of infrastructure products such as software, hard drives, servers, and processing systems to manage the diversity of analytics and business intelligence data being procured. This trend has successfully improved the decision-making process for enterprises, and thereby fuelled the adoption of infrastructure for business analytics. From industry leaders to start-ups, enterprises are adopting new solutions on infrastructure for business analytics for addressing the needs for varied user and reducing the disconnection between customer feedback and product development. Products sold in the global infrastructure for business analytics market are being used to develop strategies on information management, processing framework, and technological integration.
The scope of the FactMR’s report is to analyze the global infrastructure for business analytics market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Infrastructure for business analytics suppliers, stakeholders and manufacturers in the global information and communication technology industry can benefit from the analysis offered in this report. Comprehensive analysis regarding the impact of technological advancements such as cloud computing, internet of things (IoT), big data and artificial intelligence is detailed in this report. The comprehensive study throws light on various trends, dynamics and restrains shaping future of the market, which can serve as a platform of further study, interest and understanding for the leading industries, journals and trade magazines pertaining to global infrastructure for business analytics market.
4 Forecast Highlights on Global Infrastructure for Business Analytics Market
1) North America is likely to emerge as the largest region in the global market for infrastructure for business analytics between 2017 and 2026. Presence of the leading companies, increasing application of advanced analytics, availability of latest analytics tools are some of the major factors driving the infrastructure for business analytics market in North America.
2) Asia Pacific Excluding Japan (APEJ) is also expected to witness significant growth in the coming years. Adoption of data-driven decision making and advent of Internet of Things (IoT) in various industries are contributing to the growth in the region.
3) Database server is expected to grow at a faster phase in the global market for infrastructure for business analytics market. By the end of 2026, database server is projected to bring in more than US$ 4 million revenue.
4) Infrastructure for business analytics is likely to find the largest application in Enterprise Resource Management (ERM). Between 2017 and 2026, enterprise resource management is estimated to create an incremental opportunity of over US$ 2 million.
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In the near future, the global market for infrastructure for business analytics is poised to expand at a robust pace. As more companies are slated to enter the global business analytics landscape, the demand for servers, flash drives and other infrastructure products is expected to witness an upsurge. Moreover, effective applications of these products will further propel the growth of the global infrastructure for business analytics market beyond IT-based entrepreneurial environments.
ERM Applications to Register Highest Adoption through 2026
In 2017 and further, Enterprise Resource Management (ERM) is expected to emerge as the largest application in the global infrastructure for business analytics market. By 2026-end, nearly US$ 4 Mn worth of infrastructure products will be sold across ERM applications in the world. The report also reveals that structured data management software applications will register fastest revenue growth at a CAGR of 11.5%.
The report has profiled prominent players in the global infrastructure for business analytics market, which include Dell Technologies, HPE, Cisco Corporation, EMC, IBM Corporation, Hitachi, Fujitsu, Lenovo, Huawei Technologies, NetApp, Datacore, Unisys, Pure Storage, NEC, Silicon Graphics, Inspur, Bull SAS, and VCE. A majority of players in the global infrastructure for business analytics market are likely to work towards increasing the responsiveness of business software servers and database servers. Improving the reliability of enterprises on IT-based automation of business intelligence is also a key objective of developers in the global infrastructure for business analytics market.
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