Self-Service Analytics Market Is Booming Across the Globe Explored in Latest Report 2020-2025 | Analysis by Key Players - Microsoft, IBM, SAP SE, Splunk, Syncsort, Alteryx, SAS, Oracle

Global Self-Service Analytics Market overview:

The growing demand for Self-Service Analytics has provided a major boost to the Global Self-Service Analytics Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.

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Analytics is the finding, understanding, and accordingly communicating of important arrangements in data in forms of reports. Particularly in areas with documented information, analytics relies on the simultaneous presentation of statistics, and programming to quantify performance. Analytics often favors data visualization to communicate insight. Advanced analytics signify a set of software that helps organizations to go far from historical writing to predict forthcoming opportunities and risks. Predictive analyses help to identify top customers, in order to develop improved up-sell and cross-sell offers, understand economic risks, select new products, and predict equipment failures. Up till now, advanced analytics was limited to statisticians and data scientists, which is expected to change with the development of self-service options for analytics.

The global Self-Service Analytics Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.

Based on Product Type, the market is divided into:

1 On Premises

2 On Cloud

On the basis of End Use Industry, the market is split into:

1 BFSI

2 Healthcare

3 Retail

4 IT &Telecommunication

Due to the persistent economic challenges, companies cannot afford any mistakes. Business users need more facts and figures in order to become competitive and respond rapidly to unstable business scenarios. These are some of the factors which are boosting the growth of self-service analytics market. However, due to some instances of technical misspecifications companies sometimes become reluctant in using these analytics tools and it presents challenges to the market growth.

Objectives of the Study

To describe and forecast the global Self-Service Analytics Market on the basis of Product Type, industry verticals, Channel and regions.

To forecast the Self-Service Analytics Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.

To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.

To provide detailed information regarding the major factors influencing the growth of the Self-Service Analytics Market (drivers, restraints, opportunities, and challenges).

To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.

To strategically profile key players and comprehensively analyze their core competencies and positioning.

To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Self-Service Analytics Market.

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Some of the Self-Service Analytics Market manufacturers involved in the market are Tableau Software (U.S), Microsoft Corporation (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Splunk (U.S), Syncsort (U.S), Crimson Hexagon (U.S), Alteryx (U.S), SAS Institute� (U.S), TIBCO Software (U.S.), Oracle Corporation (U.S.), Vista equity partners (U.S), DrivenBI (U.S), MicroStrategy (U.S), Concur Technologies (U.S), Acquisitions and effective mergers are some of the strategies adopted by the Self-Service Analytics Market manufacturers. New product launches and continuous technological innovations are the Self-Service Analytics Market strategies adopted by the major players.

Latest Industry Updates:

While the world struggles with the devastating realities of COVID-19, cybercriminals are pouncing.� Capitalizing on the pandemic, they have launched attacks on corporate and remote users, using malware, spam attacks, phishing campaigns and ransomware.

"We are all in an environment where attackers essentially can take advantage of the chaos that's going on--not only on the computer systems but throughout the world," Wendi Whitmore, vice president for IBM X-Force Threat Intelligence, said during a Think Leadership livestream on April 7. "This may be the new normal for longer than expected. We need to manage through this disruption instead of improvising through chaos."

Whitmore is a cybersecurity expert, with diverse experience in incident response, proactive and strategic information security services, intelligence and data breach investigations. As head of IBM X-Force, she works with clients to provide deep research expertise and global threat intelligence for enhanced enterprise security. Here's her guidance.

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Asia Pacific was a prominent market for Self-Service Analyticss in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Self-Service Analytics market in Asia Pacific.

There are several manufacturers of Self-Service Analyticss in Europe and North America. In North America, the demand for Self-Service Analyticss is primarily driven by the residential sector. Improved standards of living and rising usage of Self-Service Analyticss for flooring purpose are anticipated to drive the market in North America.

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Table of Contents:

Global Self-Service Analytics Market Report 2020

1 Self-Service Analytics Definition

2 Global Self-Service Analytics Market Major Player Share and Market Overview

3 Major Player Self-Service Analytics Business Introduction

4 Global Self-Service Analytics Market Segmentation (Region Level)

5 Global Self-Service Analytics Market Segmentation (Product Type Level)

6 Global Self-Service Analytics Market Segmentation (Industry Level)

7 Global Self-Service Analytics Market Segmentation (Channel Level)

8 Self-Service Analytics Market Forecast 2020-2024

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