Press release
Automated Analytics Market– Growth Opportunities & Technology Developments by 2025
Research Report on "Automated Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025".The objectives of this study are as follows:
To define, describe, and forecast the "Automated Analytics" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Analytic is the tool useful for interpretation, communication and discovery of meaningful patterns in data. The automation of above mentioned process is said to be automated analytics. An automated analytics process often includes data retrieval, data management, model scoring, optimization & insights & reports, and media planning among others. Wherein, once the new data is gathered, many data management steps become necessary. For instance, data merging, clearing, aggregation filter, and transformations. If all these mentioned process are manual, then work efficiency is anticipated to hamper. However, implementation of automated analytics sets off all required data management processes and hence improvise the data analysis to make effective business strategies. Automated analytics helps to take firm and right business decisions. Unlike manual analytics, automated analytics provide recommendation to a human. In prescriptive analytics, automated analytics itself takes an action on the output of their analysis.
Few instance consider airline companies reviewing the price changes for airline seats, banker reviewing applicants’ applications for personal loan, if they use employees for tasks, they would need to increase their employee strength. However, these mentioned processes are automated using automated analytics tools. Automated analytics play crucial role and are becoming necessary in the world, to feature real-time data analysis. Automated analytics, to function efficiently, it is required to be embedded into the other systems that brings forth data to the analysis and developed to take necessary action in real time. Organizations are increasingly adopting automated analytics inside of data warehouses.
The growing trend of rapid innovations and technological advancement in digitization and hence automated analytics implementation is witnessing the growth for global automated analytics market and anticipated to show similar trend during the forecast period. The adaptation of automated analytics in big data analysis is anticipated to drive the global automated analytics market during forecast period. Automated analytics increases agility through faster integration of enterprise data warehousing and business intelligence applications. Across big data automated analytics reduces the manual human efforts and access to timely and accurate business analytics. It maintains the complete control over end-to-end data flows. Furthermore, it also saves time and reduce risk with high performance managed file transfers. However, more initial developer time requirement for customized automated analytics feature, and increase tooling needs is anticipated to obstruct the automated analytics market during the forecast period.
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Additionally, automated analytics’ feature which includes real-time automatic computation and instant data processing is anticipated to seek significant opportunities across retail, finance, gaming, and telecommunications industries among others to grow the overall market in the coming years.
Automated analytics market is segmented as by technology, by type, by end-use, and by geography. The technology segment is further classified as fraud detection, complex competitive analysis, call center optimization, consumer sentiment analysis, and intelligent traffic management among others. Based on type segment, the global automated analytics is subdivided into predictive, diagnostic and descriptive among others. Furthermore, end-use segment of automated analytics market is classified as publisher analytics, advertiser analytics, and both publisher & advertiser analytics. Global automated analytics market, based on geography, is divided into five regions which includes North America, Europe, Asia Pacific, Middle East and Africa (MEA), South America. On regional basis the North America segment is anticipated to contribute largest market share in the current market. Europe is anticipated to show marginal growth with significant compound annual growth rate during the forecast period. Asia pacific, Middle East & Africa are expected to witness the similar growth in near future.
Some of the major players in the global automated analytics market, who provide the automated data analytics tools includes, Actian Corporation, Adeptia, Inc., Altova, Astera Software, Informatica, IBM Corporation, Pentaho Corporation, Talend, Oracle Corporation, SAP, Elixir Technology Pte Ltd., CloverETL, QlikTech International AB, Lead Liaison LLC, and SnapLogic, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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