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Global Business Analytics Market 2015 is to grow at a CAGR of 6.44 % by 2022 : Industry Research Report

03-18-2016 05:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Pharma Report Store

Business Analytics Market

Business Analytics Market

The Global Business Analytics market is accounted for $42.55 billion in 2014 and is poised to reach $70.11 billion by 2022 growing at a CAGR of 6.44% during the forecast period 2014 to 2022. The factors that are influencing the market growth include rise in demand for the analytics by the organizations due to the growing big data trend, quickly changing business environment and customer choices. Whereas, factors such as high execution costs and unwillingness in adoption of business analytics are hindering the growth of this market. The major challenges include severe scarcity of skilled workers with sound technical capabilities to run the applications.

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Banking, financial services & insurance (BFSI) and retail industries are capturing maximum of the market share. The top ten business analytics software vendors accounted around 70% of 2013 worldwide market share. In 2013 Oracle, SAP, IBM and Microsoft together accounted for more than half of the share of all business analytics software sales. Tableau was the fastest growing business analytics software company in 2013, growing around 80% in a year.

The global business analytics market is segmented on the basis of deployment, application, software, end user and geography. On the basis of deployment, the market is segregated into on-site and cloud. On the basis of end user, the market is categorized into small & medium business (SMB) and large scale enterprises. The market is segmented on the basis of application into telecom and IT, retail, media and entertainment, manufacturing, healthcare, government, energy and power, education, banking, financial services & insurance and others.

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Global business analytics market by software is segregated into search and altering, predictive analytics, performance and big data management, data discovery and visualization software, content analytics and business intelligence. Global business analytics market by geography is categorized into North America, Europe, Asia pacific and Rest of the world.

The key players in the global business analytics market are IBM, INFOR, Microsoft Corporation, Micro strategy Incorporated, Oracle Corporation, QLIK Technologies, Inc., SAP SE, SAS Institute, Inc., Tableau Software, Inc. and Tibco Software, Inc.

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Research Scope
2.3 Research Methodology
2.4 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

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Apart from the published market research reports, we also provide customized study on any topic to meet the varied requirements of our clients. Whether you are looking for new product trends, competitive analysis or study on existing or emerging markets, Pharma Report Store has best offerings and expertise to get the critical information for you. You can also choose the option to purchase full reports or sections from the report or only charts or tables.

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