Advanced Analytics Market at a CAGR of 33.8% Rising Enterprise Efficiency and Dominated by Top Competitors (Welltok, Intel, Google, IBM, Microsoft, Apple, Facebook, Next IT, iCarbonX, Amazon Web Services) and Global Forecast to 2025

Marketprognosis.com Publish a New Market Research Report On “Global Advanced Analytics Market- Industry Trends and Forecast to 2025” which contains global key player’s survey information and forecast to 2025.

Overview of the Global Advanced Analytics Market:

The Global Advanced Analytics Market accounted for USD 7.56 Billion in 2017 and is projected to grow at a CAGR of 33.8% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Advanced analytics is the analysis of wide range of information by using sophisticated quantitative techniques. Advanced Analytics should not be defined by time orientation or by techniques used. Rather, advanced analytics totally depends upon any computer-based analytical technique that relies both on current software technology and expertise of the analyst. PCs are equipped for playing a solid role, however they are constrained. Despite the fact that they can analyze far more profound than humans, they should be guided by a learned client to expand their execution. A similar idea applies to examination. A special analyst can take the application capacities found in analytics software like SAS or IBM’s SPSS modeler and do profitable investigation that couldn’t be performed by the product alone or even with a run of the mill end client. According to Kirk Borne, Principal Data Scientist and Executive Advisor at Booz Allen Hamilton, IoT along with artificial intelligence will dominate the world in the next five years.

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The Global Advanced Analytics Market is segmented on the basis of Banking and Financial Services, Telecom and IT Services, Healthcare, Government and Defense, Transportation and Logistics, Consumer Goods and Retail and Region. By Banking and Financial Services, the market is segmented into regulatory reforms, customer profitability, operational efficiency, risk management, credit risk analysis, fraud detection and management, budgeting and planning and process optimization.

On the basis of Telecom and IT Services, the market is segmented into targeting offer and campaign management, cell site optimization, revenue assurance, customer profitability analysis, network dynamics and congestion control and social network analysis. By Healthcare, the market is segmented into predictive modeling, financial performance and monitoring and fraud detection and management.

Geographically, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Major Key Players:

1 Welltok, Inc.

2 Apple

3 Facebook

4 Intel Corporation

5 Google Inc.

6 IBM Corporation

7 Microsoft Corporation

8 General Vision

9 Enlitic, Inc.

10 Next IT Corporation

11 iCarbonX

12 Amazon Web Services and More…………..

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This study answers to the below key questions:

1 What will the market size be in 2025 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

Competitive Analysis: Global Advanced Analytics Market

The Global Advanced Analytics Market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of advanced analytics market for global, Europe, North America, Asia Pacific and South America.

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This release was published on openPR.