Press release
Data Analytics Outsourcing Market 2020: Global Industry Exhibits Huge Growth by Top Key Players Accenture, Capgemini SE, Fractal Analytics , Genpact, Infosys Limited, Mu Sigma , Tata Consultancy Services Limited, Wipro Limited, WNS (Holdings) , ZS Associa
Data Analytics Outsourcing Market report has been prepared based on detailed market analysis with inputs from industry experts. This market survey provides key information about the ICT industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. Analysis and interpretation of market research data performed in this Data Analytics Outsourcing report is used to build report which contains information and knowledge that can be used to predict future events, future products, marketing strategy, actions or behaviours. This Data Analytics Outsourcing Market report cover strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.This Data Analytics Outsourcing Market research report helps in answering many business challenges more quickly and saves your lot of time. The report gives estimations about market development trends for the forecast period of 2020-2027. The report acts as a window to the industry which explains what market definition, classifications, applications, engagements and market trends are. Data Analytics Outsourcing Market report helps to plan about the advertising and sales promotion strategy more successfully and also helps in taking sound decisions. Data Analytics Outsourcing report is the most detailed report which identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market.
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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.
Global Data Analytics Outsourcing Market - Companies Mentioned
o Accenture
o Capgemini SE
o Fractal Analytics
o Genpact
o Infosys Limited
o Mu Sigma
o Tata Consultancy Services Limited
o Wipro Limited
o WNS (Holdings)
o ZS Associates
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 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.
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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.
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.
Answers that the report acknowledges:
o Market size and growth rate during forecast period.
o Key factors driving the Data Analytics Outsourcing Market
o Key market trends cracking up the growth of the Data Analytics Outsourcing Market
o Challenges to market growth.
o Key vendors of Data Analytics Outsourcing Market
o Detailed SWOT analysis.
o Opportunities and threats faces by the existing vendors in Global Data Analytics Outsourcing Market
o Trending factors influencing the market in the geographical regions.
o Strategic initiatives focusing the leading vendors.
o PEST analysis of the market in the five major region
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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…
