Brazil Big Data Analytics Market 2021 Global Insights and Business Scenario – TIBCO Software Inc., Tableu Software, Cotex Intelligence, IBM Corporation

Market Insights Reports has added new statistical data to its repository titled as, Brazil Big Data Analytics Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Brazil Big Data Analytics market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The Brazil Big Data Analytics Market is expected to register a CAGR of 27.7% over the forecast period 2021 to 2026. 

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Top Key Players in the Brazil Big Data Analytics Market are QlikTech, Splunk Inc., TIBCO Software Inc., Tableu Software, Cotex Intelligence, IBM Corporation, Indic-m Technology, TAIL DMP, SAS Institute, Precifica, WebRadar, and others. 

Industry News and Update:

- May 2020 - Qlik announced the general availability of Qlik Alerting, an intelligent alerting platform for Qlik Sense. Qlik Alerting delivers actionable, self-service, and centralized alerting that enhances customers ability to proactively monitor their business data and take timely action based on insights.

- May 2020 - Google Cloud and Splunk Inc. announced a new strategic partnership to help organizations drive actionable insights from their data and enable fast decisions with real-time visibility across the enterprise. Splunk Cloud will soon be available on Google Cloud to help customers unlock the value of their data and provide increased flexibility for harnessing the power of the Splunk Data-to-Everything Platform.

Key Market Trends:

Retail & Consumer Goods is Expected to Register a Significant Growth

- Brazil has a more dynamic economy in general and a retail & consumer goods sector that is more active than in other countries of North America. Brazilian companies are catching up and have undergone a robust process of corporate modernization and transformation in retail. This has leveraged the growth of the internal market, which has grown significantly and is expected to grow.
- The Brazilian Supermarket Association (ABRAS) reported supermarket revenues of USD 355.7 billion (USD 97 billion) in 2018, representing 5.2% of the country’s GDP and a 0.7% increase in nominal terms. Brazil’s retail sector includes 89,368 stores.
- The retail & consumer goods industry currently in Brazil holds a significant share of the supply chain big data analytics market. It is expected to present vast growth opportunities, owing to the growing number of data sources being generated, with the adoption of IoT solutions, beacons, and RFID technologies across the supply chain.
- Big data powers AI, and so it follows that AI would continue to find its way into the retail & consumer goods industry. Many big data companies in Brazil claim to assist marketers, retailers, and eCommerce companies in managing their data so that it would allow them to personalize customer engagement, forecast inventory, and segment customers in the region.
- Moreover, retailers in the country adopt IoT solutions and devices to analyze customer data, track stock levels, and strengthen customer relationships. All these technological improvisations not only enable better tracking of the products across the supply chain but also help in gaining a clear understanding of customer behaviour.

Full Browse the report description and TOC:

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This Brazil Big Data Analytics Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global Brazil Big Data Analytics market:

– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?              

We Also Offer Customization on report based on specific client Requirement:

– Free Country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

–  Free 40 analyst hours to cover any other data point

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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