openPR Logo
Press release

Data Analytics Outsourcing Market trend Shows A Rapid Growth by 2027- Accenture, Capgemini SE, Fractal Analytics, Genpact, Infosys, Mu Sigma, Tata Consultancy Services, Wipro, WNS

08-22-2019 09:05 PM CET | IT, New Media & Software

Press release from: The Insight Partners

Data Analytics Outsourcing Market trend Shows A Rapid 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.

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.

Get Sample Copy of this Report @ http://bit.ly/2Mysdif

The global 360-degree market overview has newly added by The Insights Partners to its vast database. It offers brief to readers about the global Data Analytics Outsourcing Market including a detailed study of market segments such as types, size, applications, and end-users. Adoption of new technologies and approaches have been contributed towards the progress of the market.

Top Key Players profiles in this report includes, Accenture, Capgemini SE, Fractal Analytics Inc., Genpact, Infosys Limited, Mu Sigma Inc., Tata Consultancy Services Limited, Wipro Limited, WNS (Holdings) Ltd., ZS Associates, Inc.

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?

Get Reasonable Discount on this Report @ http://bit.ly/2Mx6F5x

Strategic Insights
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:

2019: Infosys announced its plan to expand its footprint in Japan and formed its joint venture with Hitachi, Panasonic, and Pasona to build solutions that use digital technology platforms to improve indirect procurement.

2018: Wipro entered into a partnership with Lone Star. The partnership between two companies enables Lone Star’s analytic services to improve the IIoT platform of Wipro. This integration would help to predict the future results within a real-time and also turn the knowledge into action.

2017: 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.

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

Purchase Copy of this Report @ http://bit.ly/2MyUJQA

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

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.

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 Outsourcing Market trend Shows A Rapid Growth by 2027- Accenture, Capgemini SE, Fractal Analytics, Genpact, Infosys, Mu Sigma, Tata Consultancy Services, Wipro, WNS here

News-ID: 1825136 • Views: 287

More Releases from The Insight Partners

Current and Future Trends of Pain Management Devices Market to 2027 – A Review
This market research report provides a comprehensive picture on “Pain Management Devices Market”, from the global viewpoint, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players operating in the “Pain Management Devices Market”. The
Atopic Dermatitis Treatment Market to Register Steady Expansion During 2019-2027 …
Global Atopic Dermatitis Treatment market research report studies comprehensive evaluation of the market growth predictions and restrictions with respect to Healthcare industry. Market shares of key players in the major areas of the globe such as Europe, North America, Asia Pacific, South America, Middle East and Africa is also studied in this Atopic Dermatitis Treatment report. An analytical assessment of the competitors gives clear idea of the most important challenges
Well Completion Equipment and Services Market to See Huge Growth by 2027 by its …
According to a new market study entitled "Well Completion Equipment and Services Market to 2027 - Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, "explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution.
Medical Insulation Monitoring Devices Market To Showcase Opportunities For The N …
Insulation monitoring devices are used for continuous monitor the insulation resistance of IT systems specifically which are unearthed. For observing the resistance the device needs to be connected between the IT system and the protective earth conductor (PE). These devices are used to detect deteriorations of the insulation level at an early stage in a reliable manner. In the hospitals insulation monitors are used majorly for the group two rooms

All 5 Releases


More Releases for Analytics

Healthcare Predictive Analytics Market
The mounting concern for optimizing healthcare costs among myriad healthcare providers and payers is a key factor boosting the demand for predictive analytics in the healthcare sector. The ever-growing need for boosting patient outcomes and improving the quality of care is a seminal trend boosting the evolution of healthcare productive analytics. In recent years, there is a surging interest among payer organizations and several healthcare institutions in using predictive tools
Healthcare Analytics Market
Healthcare Analytics Market – Global Industry Analysis and Forecast (2017-2026) _ by Type, Component, Delivery Mode, Application, End-user and by Geography Healthcare Analytics Market is expected to reach USD 42.4 Billion by 2024 from USD 7.1 Billion in 2016 at a CAGR of 29.1%. This is a comprehensive global report focused on the current and future prospects of the Healthcare Analytics Market. This report is a consolidation of primary and secondary
Operational Analytics Market Growth Analytics 2025
Global Operational Analytics Market: Snapshot The global operational analytics market is prognosticated to showcase a high potential for growth in the forthcoming years on the back of decisive factors such as the dominating advent of Internet of things (IoT)-enabled devices. The growth of the global operational analytics market could be on account of the rise in demand for cloud-based arrangements. Trouble-free maintenance and optimal cost could be some of the critical
Predictive Analytics Market Share
According to a new report, “Predictive Analytics Market (2017 – 2023)”, published by KBV research, the Global Predictive Analytics Market size is expected to reach $13.8 billion by 2023, rising at a market growth of 21% CAGR during the forecast period. The North America market holds the largest market share in Global Risk Analytics Solution Market by Region in 2016, and would continue to be a dominant market till 2023; growing
Business Analytics Software Market:
Business analytics software helps in interpretation and analysis of business data through continuous exploration and investigation of historical business performance to gain decisive insights for business planning. Through the application of statistical methods and tools in business performance data, a business analytics software conducts predictive analysis to derive decision making insights and inputs. A business analytics software thus helps an organization optimize its business operations and facilitates informed and strategic
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