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Financial Analytics Market A comprehensive study by Key Players | Oracle; IBM Corporation; Google; Domo, Inc.; Fair Isaac Corporation; Birst, Inc.; SAP SE; TIBCO Software Inc.; SAS Institute Inc.; GoodData Corporation; Zoho Corporation Pvt. Ltd.; Teradata

Global Financial Analytics Market

Global Financial Analytics Market

Global Financial Analytics Market is expected to rise from its initial estimated value of USD 6.76 billion in 2018 to an estimated value of USD 15.68 billion by 2026, registering a CAGR of 11.09% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased levels of transformations for AI which has resulted in higher demand for analytical systems from various end-users.

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Financial analytics is a technology which provides various analytical systems and software services to organisations, analysing, management and insights into their financial and operational data. This technology helps in the overhaul of operations by providing valuable insights and suggestions which help in driving the growth of an organization.

Market Drivers:

• Increased demand for data-evident and predictive analytics systems in the financial industries which is one of the major factors driving the growth of the market
• Growth in adoption of these services due to the need for reduced workload and planning of budgets; this factor is expected to drive the growth of the market

Global Financial Analytics Market Major Competitors/Players:

Few of the major competitors currently working in the financial analytics market are:-

• Oracle;
• IBM Corporation;
• Google;
• Domo, Inc.;
• Fair Isaac Corporation;
• Birst, Inc.;
• SAP SE;
• TIBCO Software Inc.;
• SAS Institute Inc.;
• GoodData Corporation;
• Zoho Corporation Pvt. Ltd.;
• Teradata;
• ALTERYX, INC.;
• QlikTech International AB;
• Information Builders;
• Hitachi Vantara Corporation;
• MicroStrategy Incorporated;
• Deloitte Touche Tohmatsu Limited;
• Rosslyn Analytics;
• Microsoft;
• HARMAN International and
• TABLEAU SOFTWARE.

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Global financial analytics market is highly 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. The report includes market shares of financial analytics market for global, Europe, North America, Asia-Pacific and South America.

Key Developments in the Market:

• In February 2019, Oracle announced that they had collaborated with Blue Prism to develop a new integration system which will reportedly help in automation of agreement with various compliances, provide solutions and report any financial crimes. This system will significantly expand the capabilities of detection and investigation of any suspicious activities in any financial organizations.

• In January 2019, SAP SE announced the launch of their new financial product termed as “S/4HANA”, a subledger which provides a centralised system for management of data from financial and operational businesses in organizations, resulting in enhanced efficiency and accounting systems with higher transparency.

Table of Contents

1. Introduction

2. Market Segmentation

3. Market Overview

4. Executive Summary

5. Premium Insights

6. Global, By Component

7. Product Type

8. Delivery

9. Industry Type

10. Geography

10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa

11. Company Landscape

12. Company Profiles

13. Related Reports

Request for Detailed TOC at https://databridgemarketresearch.com/toc/?dbmr=global-financial-analytics-market

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge Market Research

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