Press release
Advanced Analytics Market is projected to grow at a CAGR of 20.1% during the forecast period of 2022-2030.
Advanced Analytics Market is projected to grow at a CAGR of 20.1% during the forecast period of 2022-2030.
Advanced analytics is a collection of data analytics techniques such as machine learning, predictive modelling, data mining, natural language processing, and other related techniques. These techniques are applied to large and complex datasets to uncover patterns, make predictions and support decision-making processes in various industries and domains.
Summary:
Advanced Analytics Market is expected to grow from USD 125.62 billion in 2022 to USD 170.43 billion by 2030, at a CAGR of 20.1% during the forecast period.
• The increasing demand for advanced analytical solutions by companies across the retail, IT & telecom, and BFSI sectors, among others are the major driving factor for the growth of the Advanced Analytics market.
• Asia Pacific accounted for the largest market share in the Global Advanced Analytics Market.
To know more Advanced Analytics Market statistics click here: https://www.cognitivemarketresearch.com/advanced-analytics-market-report
Why is Advanced Analytics Important in Business Decision Making?
Advanced Analytics helps organizations to make informed decisions based on data-driven insights to identify trends, patterns, and relationships that would not be immediately obvious through traditional data analysis methods. It enables organizations to make predictions about future trends and outcomes based on historical data, allowing them to plan and make decisions proactively. Advanced analytics helps to process large volumes of data and determine fraudulent activities, thus ensuring data protection. Thus, the demand for advanced analytical solutions by companies across the retail, IT & telecom, and BFSI sectors, among others is increasing.
Market Segmentation:
By Type
Based on type, big data analytics is expected to grow at the fastest CAGR during the forecast period. This is attributed to the increasing inclination of organizations towards IIoT and AI to become more efficient and effective in their decision-making processes.
• Big Data Analytics
• Business Analytics
• Customer Analytics
• Risk Analytics
• Statistical Analysis
• Others
By Deployment
The cloud segment accounted for the largest market share. Cloud deployment provides organizations with a flexible, scalable, and cost-effective solution for managing their IT infrastructure with increasing data connectivity
• On-premise
• Cloud
By Enterprise Size
• Large Enterprises
• Small & Medium Enterprises
By End-Use
• BFSI
• Government
• Healthcare
• IT & Telecom
• Military & Défense
• Others
The Market Key Players:
ANGOSS, FICO, IBM, KNIME, MICROSOFT, ORACLE, RAPIDMINER, SAP, SAS, STATSOFT
Get Access of latest published Advanced Analytics Market Report: https://www.cognitivemarketresearch.com/advanced-analytics-market-report
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Advanced Analytics Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Advanced Analytics Market Overview
• 4.1 Introduction
• 4.2 Global Advanced Analytics Market Statistics by Regions (2018-2030)
4.2.1 North America Advanced Analytics Status and Prospect (2018-2030)
4.2.2 Europe Advanced Analytics Status and Prospect (2018-2030)
4.2.3 Asia Pacific Advanced Analytics Status and Prospect (2018-2030)
4.2.4 Latin America Advanced Analytics Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Advanced Analytics Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Advanced Analytics Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Advanced Analytics Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Advanced Analytics Market by Deployment Segmentation Analysis (2018-2030)
Chapter 11 Global Advanced Analytics Market by Enterprise Size Segmentation Analysis (2018-2030)
Chapter 12 Global Advanced Analytics Market Regional Analysis
Chapter 13 North America Advanced Analytics Market Outlook (2018 - 2030)
Chapter 14 Europe Advanced Analytics Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Advanced Analytics Market Outlook (2018 - 2030)
Chapter 16 Latin America Advanced Analytics Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Advanced Analytics Market Outlook (2018 - 2030)
Chapter 18 Research Findings
To know more The Advanced Analytics market TOC click here: https://www.cognitivemarketresearch.com/advanced-analytics-market-report#table_of_contents
Regional Analysis:
• Asia Pacific is a leading region of the Advanced Analytics market.
Asia Pacific is expected to grow at the fastest rate during the forecast period. This is attributed to the increasing demand for predictive analysis and demand forecasting by the retail sector as well as other industries to deliver customized products and services. Furthermore, the increasing adoption of advanced analytical services and solutions is driving market growth.
Related Reports:
• Edge Analytics Market - https://www.cognitivemarketresearch.com/edge-analytics-market-report
• Content Analytics Market - https://www.cognitivemarketresearch.com/content-analytics-market-report
• Big Data Analytics Market - https://www.cognitivemarketresearch.com/big-data-analytics-market-report
• Supply Chain Analytics Market - https://www.cognitivemarketresearch.com/supply-chain-analytics-sales-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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