openPR Logo
Press release

Data Analytics Market projected to reach a market value of USD 132,903.8 Million by 2026, growing at a 28.95% CAGR| Top Key Players are Microsoft Corporation, SAP SE, Amazon Web Services Inc., and Oracle Corporation (U.S.)

01-11-2022 08:27 AM CET | IT, New Media & Software

Press release from: Market Research Future

Data Analytics Market

Data Analytics Market

Market Highlights

Global Coronavirus pandemic has impacted all industries globally, global data analytics market is not any exception. Because the worldwide economy heads towards major recession post 2009 crisis, marketing research Future has published a current study which meticulously studies the impact of worldwide data analytics market and suggests possible measures to curtail them. On this, the analysts covered information that the market is expecting substantial growth during the forecast period (2017-2023) at 30.08% CAGR. Data analytics has emerged as an important concept and has simultaneously gained much traction in recent years, which can continue contributing to the market growth with achieving USD 77.64 billion.

Market Drivers & Challenges

Data analytics is that the process that involves analyzing, storing and collecting large data sets to get trends and more useful information which will be used for relevant business decisions. within the recent times, companies have implemented big data analytics to extend the organization's sales, customer service, enhance logistics, improve efficiency, and risk management within the crisis caused thanks to COVID 19 pandemic. During this example, most of the large companies are performing from home, data analytics is being an important aspect for the companies to form its revenue amid lockdown worldwide. This scenario is making the market of knowledge analytics more and more stable despite world pandemic caused by COVID 19.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1689

Data Analytics Market Segmentation:
The global data analytics is segmented based on the component, based on the deployment model, Based on the analytics tools, based on the application, based on the industry vertical, and based on the region.

Based on the Component:
The global data analytics market is divided based on the component into hardware, software, and services.

Based on the Analytics Tools:
Based on analytics tools, the global market is divided into data mining and warehousing, dashboard and data visualization, self-service tools, reporting, and others.

Based on the Deployment:
Based on deployment, the data analytics is bifurcated into on-premise and cloud.

Based on the Application:
Based on the application segment the data analytics market is classified into customer analytics, workforce analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, and transportation analytics.

Based on the Industry Verticals:
Based on the industry, the market is segmented into healthcare, government, BFSI, manufacturing, energy and utility, transportation, retail and e-commerce, IT and telecom, education, and others.

Based on the region:
The data analytics market is divided based on region into North America, Europe, Asia Pacific, and Latin America.

As per research, while the year 2019 has been a tremendously eventful year for data analytics, 2020 is estimated to be the year of knowledge! The mount within the adoption of this aspect of data analytics, including machine learning and AI solutions has skyrocketed data analytics generation, and its need robust implementations have scored the market’s value to an excellent extent.

The global data analytics market has witnessed continuous and robust augmentation within the past few years and is proposed to continue this same path. Under the help of knowledge analytics, organizations are now efficiently leveraging data in extracting essential insights, which may be wont to generate actionable decisions. Within the past some years, data analytics has been primarily wont to empower organizations to form the foremost profitable business choices.

The big data analytics market is additionally driven by organizations that realize the operational advantages of using analytics solutions that authorize organizations to focus on better consumers, enterprise-grade security, surge access to cloud-based models, continue vendor consolidation, and data governance solutions offered by market vendors. As per an equivalent study, the key trends impacting the info analytics market is that the Internet of Things (IoT) adoption and proliferation of knowledge , data fuelling machine learning and AI growth, also as data strategy becoming central to C-level business planning.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/data-analytics-market-1689

Global Data Analytics Market, By Type (Predictive, Prescriptive), Solution (Data Management, Data Visualization), Application (ERP, SCM), Industry (BFSI, IT & Telecom, Manufacturing), Deployment (Cloud, On-Premise), Organization Size – Forecast (2017-2023)

Market Research Future
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: http://www.marketresearchfuture.com

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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 Market projected to reach a market value of USD 132,903.8 Million by 2026, growing at a 28.95% CAGR| Top Key Players are Microsoft Corporation, SAP SE, Amazon Web Services Inc., and Oracle Corporation (U.S.) here

News-ID: 2522963 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for Based

Electromagnetic Weapons Market : Land-Based, Air-Based, and Sea-Based 2021-2030
The global electromagnetic weapons market was valued at $350.0 million in 2020, and is projected to reach $2,060.1 million by 2030, registering a CAGR of 19.7% from 2021 to 2030. Access Free sample PDF Copy of the Report - https://www.alliedmarketresearch.com/request-sample/15793 On the basis of platform, the electromagnetic weapons market is segregated into land-based, air-based, and sea-based. In 2020, the sea-based segment dominated the market. Developed nations such as the U.S. have started
Battery Management System Market : Lithium-Ion Based, Lead-Acid Based, Nickel-Ba …
The global battery management system market generated $5.81 billion in 2019, and is estimated to reach $24.83 billion by 2027, registering a CAGR of 20.2% from 2020 to 2027 by Battery Type (Lithium-Ion Based, Lead-Acid Based, Nickel-Based, and Others), Topology (Centralized, Distributed, and Modular), and Application (Automotive, Telecommunication, Consumer Electronics, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027 Download Report Sample : https://www.alliedmarketresearch.com/request-sample/7002 COVID-19 Scenario : The manufacturers have stopped the
Higher Education Game-based Learning Market By Type (Rognitive Ability-Based Gam …
On a global scale, the Higher Education Game-based Learning market is currently showing significant development. The innovative methods and market study have helped many of the major players McGraw-Hill Education, PlayGen, Toolwire, Totem Learning, Lumos Labs, Triseum, Designing Digitally, Forio, Innovative Dutch, LearningWare to carve a name for themselves in the competitive global market. The Higher Education Game-based Learning market is experiencing a massive growth velocity due to the new
Hardware Security Modules Market by Type LAN Based, PCIE Based, USB Based
Hardware Security Modules Market is expected to witness high growth during the forecast period.The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022. Factors
Meat Substitute Market by Product Type (Tofu-based, Tempeh-based, TVP-based, Sei …
The global meat substitute market size was valued at $7.5 billion by 2025, registering a CAGR of 7.7% during the forecast period (2018-2025). Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis. Get Sample@ https://www.researchbeam.com/meat-substitute-market/request-sample Meat substitutes are products that resemble actual meat in
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the