Press release
Discover the SaaS-Based Business Analytics market to Represent a Significant Expansion at +25% CAGR with innovation in technology, various aspects of the industry – players, regions, types, and applications during the forecast period
The report covers the present scenario and the growth prospects of the global SaaS-based business analytics market. The term BI refers to applications and technologies that are used for gathering, providing access to, or analyzing information about a company's operations. BI help organizations to acquire comprehensive knowledge of the factors affecting their business; for example, metrics on sales, production, and internal operations. Some of the BI tools and applications include query reporting, analysis tools, data mining tools, and data warehousing tools. SaaS-based BI refers to the deployment of BI applications as a web-based subscription service. SaaS-based BI is operated by a third-party organization as opposed to the installation and maintenance of an On-premise business system.The global SaaS-based business analytics market to grow at a CAGR of +25% during the period 2018-2023.
According to the report, one driver in the market is exponential increase in data. Large volumes of data are generated by numerous sources such as the Internet, mobile devices, and social media. Due to the increasing volume, variety, and velocity of data (commonly known as 3Vs) organizations find it challenging to analyze and manage large databases efficiently. In addition, veracity, the fourth component in the big data management systems, eliminates irrelevant data that involve high costs.
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The prominent Players are Birst, BOARD International (Business Intelligence Software Solution),BRIDGEi2i,GoodData,Host Analytics, IBM, Logi Analytics, MicroStrategy, Oracle, OpenText, SAP AG (SAP),Sisense, Tableau Software, Teradata, Zoom data
The increasing adoption of SaaS-based business analytics tools to minimize the initial cost involved in the setting up of the IT infrastructure by financial institutions will contribute to the growth of this industry segment in the coming years. Moreover, the rising demand for customer management in financial services also drives the subscription of analytical tools in the BFSI sector.
The report includes detailed forecasts by Region (including major countries within each region), Service Type, and Sector, Organization, and Deployment Model. In addition, the report provides forecast for each major integration opportunity area. These forecasts cover the period 2018 to 2023.
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Table of Content:
SaaS-Based Business Analytics Market Research Report 2018-2023
Chapter 1: SaaS-Based Business Analytics Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: SaaS-Based Business Analytics Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: SaaS-Based Business Analytics Market Forecast
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About Research N Reports:
Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently we keep evolving as an all-rounder provider of viable information under one roof.
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