Press release
Data Analytics Market 2019 Industry Development Challenges, Opportunities, Market Entry Strategies, Key Manufacturers Analysis 2022
Market Highlights:
The report published by Market Research Future (MRFR) on the global data analytics market is anticipated to exhibit remarkable expansion at a CAGR of 30.08% during the forecast period of 2017-2023 and reach the market valuation of USD 77.64 Bn by the end of the forecast period. Data analytics is a technique utilized by various commercial industries for the identification of future outcomes based on the dynamics of historical data.
Data Analytics is a technique which examines various data sets, in order to obtain conclusions from the information they contain with the help of specialized software tools and systems. Data Analytics includes methodologies such as exploratory data analysis (EDA) and confirmatory data analysis (CDA). EDA helps in finding the data patterns while CDA with the help of statistical techniques, helps in determining whether hypothesis for the data set is true or false. Data Analytics takes the help of techniques such as data mining, predictive analysis, machine learning and others over the high volume equipment data which contains structured or unstructured or semi-structured data and churn out useful information from it. Data Analytics is used in financial sectors in back and credit card companies for preventing fraud by analysing the withdrawal and spending patterns of customer.
Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/1689
Major Key Players
• Microsoft Corporation (U.S.),
• SAP SE (U.S.),
• Amazon Web Services Inc. (U.S.),
• Oracle Corporation (U.S.),
• SAS Institute Inc. (U.S.),
• Dell Inc. (U.S.),
• Alteryx, Inc. (U.S.),
• Datameer Inc. (U.S.),
• Looker Data Sciences, Inc. (U.S.)
• IBM Corporation (U.S.).
According to MRFR, the report projects that the global Data Analytics Market for will exhibit a CAGR of 30.08% during the forecast period (2017-2023) to surpass a valuation of USD 77.64 billion.
Competitive Landscape
The global market for Data Analytics is occupied by various players namely IBM Corporation, SAS Institute, Oracle Corporation, Amazon Web Services, Microsoft Corporation, SAP SE. These companies collectively accounted for more than 54.85% share of the global data analytics market in 2016. These companies are likely to maintain their strong global presence through expansion, merger & acquisition, and extensive product portfolio.
Oracle Corporation held the second position in terms of market share, in 2016. The company focuses on more acquisitions to provide its customers with the real-world service-oriented architectural integration. The company has recorded immense growth in enterprise performance management & business intelligence and focuses on offering cost-efficient technical solutions.
Microsoft Corporation holds the third spot in terms of market share. The company focusses on technology innovation, which is a critical aspect of economic growth. The company plans to continue investing in data centers and related infrastructure to support the services associated with it. Microsoft Corporation focuses on business planning, reinventing productivity and business processes along with building intelligent cloud platform.
SAP SE is one of the most competitive players in this market. The company has two major focus areas – digital innovation and customer satisfaction. The company’s strategy is to continue developing new and market-leading applications, invest in disruptive technologies, and focus on mergers and acquisition to meet the targets.
Global Data Analytics Market: Industry Updates
Market Xcel Data Matrix (India) has announced the creation of a data analytics proposition by setting up a division that includes data scientists and consultants for utilization of smart analytics and data modeling.
Publicis Health (U.S.), the health division of Publicis Group, has acquired Payer Sciences, a data analytics health marketing agency.
Regional Analysis:
The global data analytics market has been geographically segmented into four major regions such as Europe, North America, Asia Pacific (APAC) and the rest of the world. The North America region is projecting dominance over the global data analytics market owing to the presence of well-developed IT sector and rapid adoption of predictive analytics in various end-use industries in this region. Increasing investment in data analytic tools and presence of large volume of unstructured data that requires proper analysis for taking business decisions in various industries are propelling the expansion of the data analytics market in the Europe region. Recent technological advancement and high demand for synchronization of IoT in various industrial sectors by using end-to-end analytical tools are fueling the growth of data analytics market in the Asia Pacific region.
Segmentation:
The global data analytics market is segmented on the basis of type, solution, application, industry, deployment, and organization size. By type, the global data analytics market has been segmented into predictive analytics, descriptive analytics, prescriptive analytics, and customer analytics. By solution, the global data analytics market has been segmented into data management, data mining, fraud and security intelligence, data visualization, and data monitoring.
By application, the global data analytics market has been segmented into enterprise resource planning, supply chain management, database management, human resource management, and others. By industry, the global data analytics market has been segmented into BSFI, manufacturing, retail and e-commerce, energy and power, healthcare, IT and telecommunication, transport and logistics, media and entertainment, and others. By deployment, the global data analytics market has been segmented into cloud and on-premise. By organization size, the global data analytics market has been segmented into small and medium enterprises (SMEs) and large enterprises.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/data-analytics-market-1689
Intended Audience
• Data Analytics Companies
• Analytics Service Providers
• Software Developer Companies
• Service Providers
• Manufacturing Companies
• Big Data Analytics Service Providers
List of Tables
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL DATA ANALYTICS MARKET, BY TYPE, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL DATA ANALYTICS MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
TABLE 5 GLOBAL DATA ANALYTICS MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 7 GLOBAL DATA ANALYTICS MARKET, BY INDUSTRY, 2016-2023 (USD MILLION)
Continued….
List of Figures
FIGURE 1 GLOBAL DATA ANALYTICS MARKET: MARKET STRUCTURE
FIGURE 2 KEY TAKEAWAYS OF THE DATA ANALYTICS MARKET
FIGURE 3 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 4 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 5 ASIA PACIFIC & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 6 REST OF WORLD MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
Continued….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Analytics Market 2019 Industry Development Challenges, Opportunities, Market Entry Strategies, Key Manufacturers Analysis 2022 here
News-ID: 1628340 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Data
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Global Data Analytics Outsourcing Market |data analytics outsourcing, big data o …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Data Analytics Outsourcing Market “
The report on data analytics outsourcing market provides analysis for the period 2016 – 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers major trends and technologies playing…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
Data Quality and Data Governance Solution Market - Demand For Cost-Effective Dat …
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology.
Data quality and data governance…
