openPR Logo
Press release

Global Data Analytics Outsourcing Market Comprehensive Analysis To 2027 Lead By Accenture, Capgemini SE, Fractal Analytics, Genpact, Infosys, Mu Sigma, TCS, Wipro, WNS, ZS Associates

05-20-2019 05:25 AM CET | IT, New Media & Software

Press release from: The Insight Partners

Global Data Analytics Outsourcing Market

Global Data Analytics Outsourcing Market

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.

The global data analytics outsourcing market by application is led by marketing analytics. Marketing analytics allows marketers to evaluate, manage and examine marketing performance to exploit its effectiveness and enhance return on investment. Other than evident sales and lead generation applications, marketing analytics can provide keen insights into customer preferences and trends that can be further used for future marketing as well as business decisions. Marketing analytics considers all marketing efforts from different channels over a timespan that are essential for efficient decision making as well as sound, efficient program execution.

Some of the leading players in Data Analytics Outsourcing Market are Accenture, Capgemini SE, Fractal Analytics Inc, Genpact, Infosys Limited, Mu Sigma Inc, Tata Consultancy Services Limited, Wipro Limited, WNS (Holdings) Ltd, ZS Associates Inc.

Get Sample PDF Copy@ http://bit.ly/2UJvMT8

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.

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.

Prescriptive analytics is relatively a new analytics field that enables users to “prescribe” numerous different probable actions to and advise them towards an effective solution. In general, prescriptive analytics provides guidance. It attempts to enumerate the consequence of future decisions to guide on probable outcomes before the decisions are taken. Prescriptive analytics outrun descriptive and predictive analytics by recommending one or more probable courses of action. Fundamentally they predict numerous futures and enable businesses to evaluate several potential outcomes based upon their activities. Prescriptive analytics is expected to witness the highest CAGR in the data analytics outsourcing market during the forecast period.

The data analytics outsourcing market by end-user is segmented based on BFSI, healthcare, retail, manufacturing, telecom, media & entertainment, and others. The media & entertainment industry is foreseen to create significant space in the data analytics outsourcing market during the forecast period. Presently, consumers across the globe are viewing and sharing more content online, thus emphasizing the significance of data analytics in media & entertainment. The huge amounts of data accelerate enormous opportunities for the media industry in content planning, bundling, and distribution.

Market Segmentation:
Global Data Analytics Outsourcing Market – By Type
Descriptive Data Analytics
Predictive Data Analytics
Prescriptive Data Analytics

Global Data Analytics Outsourcing Market – By Application
Sales Analytics
Marketing Analytics
Risk & Finance Analytics
Supply Chain Analytics
Others

Global Data Analytics Outsourcing Market – By End-user
BFSI
Healthcare
Retail
Manufacturing
Telecom
Media & Entertainment
Others

Ask For Discount@ http://bit.ly/2UEP4ZW

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
The Insight Partners
533, 5th Floor, Amanora Chambers,
Amanora Township, East Block,
Kharadi Road, Hadapsar, Pune-411028
sales@theinsightpartners.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 Global Data Analytics Outsourcing Market Comprehensive Analysis To 2027 Lead By Accenture, Capgemini SE, Fractal Analytics, Genpact, Infosys, Mu Sigma, TCS, Wipro, WNS, ZS Associates here

News-ID: 1744484 • Views:

More Releases from The Insight Partners

Respiratory Ventilator Tester Market Future Prediction Report By 2031
Respiratory Ventilator Tester Market Future Prediction Report By 2031
Respiratory Ventilator Tester Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market
Breast Implants Market Global Rising Demand & Huge Scope Till 2031
Breast Implants Market Global Rising Demand & Huge Scope Till 2031
Breast Implants Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market dynamics. Request
Photovoltaic Industry Challenges by Top Players Strategy and Forecast to 2027
Photovoltaic Industry Challenges by Top Players Strategy and Forecast to 2027
In the wake of technological development and focus toward a growing trend of solar PV technology, the German and Spanish governments have established robust policy frameworks such as clear national targets, attractive incentives to promote consumption, and integrated plans to boost technological development and PV technology adoption in solar energy and drives the photovoltaic market growth. In APAC, several initiatives have been taken by governments to minimize the cost of
Top #Heat_Reflective_Paints_and_Coating Market Analysis 2025
Top #Heat_Reflective_Paints_and_Coating Market Analysis 2025
Top leaders and key company profiles Arkema Baker Hughes ChemTreat, Inc Kemira Kurita Water Industries Ltd Lenntech B.V Solenis The Water Treatment Products Company Thermax Global 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 @ https://www.theinsightpartners.com/sample/TIPRE00009425?utm_source=Social&utm_medium=10392 Heat Reflective Paints and Coating Market Growth Drivers Demand for Energy Efficiency: One of the most significant reasons for heat reflective paints and coatings is based on demand for efficiency in energy. One of the most important goals of businesses and houses is cutting down on consumption of energy and lowering

All 5 Releases


More Releases for Analytics

Security Analytics Market Report 2018: Segmentation by Application (Network Secu …
Global Security Analytics market research report provides company profile for Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Hewlett Packard Enterprise (U.S.), EMC RSA (U.S.), FireEye, Inc. (U.S.), Arbor Networks, Inc. (U.S.), LogRhythm, Inc. (U.S.), Alert Logic (Click Security) 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
Life Science Analytics Market 2025 Future Forecast by Product Overview - Predict …
The growth of the life science analytics market can be attributed to the increasing prevalence of chronic diseases and growing need for improved data standardization. Moreover, use of analytics in precision & personalized medicine, and increasing focus on improving patient outcomes also likely to add new opportunities for the global life science analytics market over the forecast period. Life Science Analytics Market to 2025 - Global Analysis and Forecasts by Type
Predictive Analytics Market Report 2018: Segmentation by Type (Services, Solutio …
Global Predictive Analytics market research report provides company profile for Alteryx, Inc. (US), AgilOne (US), Angoss Software Corporation (Canada), Domino Data Lab (US), Dataiku (US), Exago, Inc. (US), Fair Isaac Corporation (FICO) (US), GoodData Corporation (US) 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
Predictive Analytics Market (Services, Solutions (Financial Analytics, Risk Anal …
Global Predictive Analytics Market Report 2023,” industry verticals, the Banking, Financial Services, and Insurance (BFSI) industry vertical is expected to have the largest market share during the forecast period. Organizations operating in the BFSI industry vertical are using predictive analytics for effective and efficient management of various processes. Further, the major reason for the rising adoption of predictive analytics can be attributed to the need for minimizing the risks and
Prescriptive and Predictive Analytics Market By Type (Collection Analytics, Mark …
ResearchMoz presents this most up-to-date research on "Prescriptive and Predictive Analytics Market By Type (Collection Analytics, Marketing Analytics, Supply-Chain Analytics, Behavioral Analytics & Talent Analytics): Global Size, Status and Forecast, 2022". This report studies the global Prescriptive and Predictive Analytics market, analyzes and researches the Prescriptive and Predictive Analytics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in
Global Analytics Service Market by Type: Predictive analytics, Prescriptive anal …
Learning Objective • To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Analytics as a service Market. • To provide insights about factors affecting the market growth. • To Analyze the Analytics as a service Market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc. • To provide historical and forecast revenue of the