Data Analytics Outsourcing Market Trends, Analysis by Regions, Type, Application, Market Drivers, Restraints, and Top Key Players like Accenture, Capgemini SE, Fractal Analytics, Genpact, Infosys, Mu Sigma, Tata Consultancy Services, Wipro

The businesses worldwide have realized the importance of analytics for staying ahead in the competitively intensifying environment. The management professional in the companies is increasingly adopting quantified data analytics, predictive analytics, and risk analytics techniques as a base for their critical decisions such as operational policies and strategic plans. Analytical abilities like forecasting of future events and personalized customer experience are significantly driving the importance of the data as an essential fragment of businesses. However, procurement of skilled data scientist or a team of analysts is at present challenging because of a lack of experienced professionals and increased operational cost. Owing to such factor, the data analytics outsourcing market is expected to witness tremendous growth.

The global Data Analytics Outsourcing Market valued at US$ 2.49 Bn in 2018 and is expected to grow at a CAGR of 25.8% during the forecast period 2019 – 2027, to account to US$ 19.36 Bn by 2027.

Key benefits of the report:
The report would help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall data analytics outsourcing market and the sub segments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with the information on the key market drivers, restraints, challenges, and opportunities.

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Top Key Vendors: Accenture, Capgemini SE, Fractal Analytics Inc., Genpact, Infosys Limited, Mu Sigma Inc., Tata Consultancy Services Limited, Wipro Limited, WNS (Holdings) Ltd., ZS Associates, Inc, among others.

Development of new applications is expected to bolster the data analytics outsourcing market growth during the forecast period

Analytics outsourcing in the coming years is projected, to include a wide range of areas. Fraud analytics in the field of retail banking, cloud-based business analytics, customer analytics for the energy and utility sector (smart metering) and analytics from social network data mining are projected to become the emerging trends in the data analytics outsourcing market.

Major Key questions answered through this research report:
• What are the top key players of the global data analytics outsourcing Market?
• What are the strengths and weaknesses of the global data analytics outsourcing Market?
• What are the highest competitors in the market?
• What are the different marketing and distribution channels?
• What are the global market opportunities in front of the market?
• What are the key outcomes of SWOT and Porter’s five techniques?
• What is the global market size and growth rate in the forecast period?

The companies in the value chain of the data analytics outsourcing market are actively adopting skills and investing in procurement of advanced analytics capabilities by extending their partnership with analytical platform providers. For instance, WNS announced its partnership with Portrix Logistic Software GmbH (PLS), logistics IT solutions provider in Germany. Under the partnership, WNS and PLS will work together to offer their Global Price Management (GPM) solutions to freight forwarders and shippers, which will help them to enhance outcomes. Few of the recent developments are listed below:

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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Data Analytics Outsourcing Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Data Analytics Outsourcing Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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