Data Analytics Market 2019 Size, Business Growth, Regional Trends, Development Status, Sales Revenue and Comprehensive Research Study Till 2023
Jan 15, 2019
The report on the global Data Analytics market covers historical market trends, current market dynamics, market valuation by segmentation, country-level analysis for every segment, key player's, competitive landscape and supply chain analysis.
Pune, India - January 15, 2019 /MarketersMedia/ —
Market Research Future published a Cooked research report on “Global Data Analytics Market” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023
Market Highlights:
The report published by Market Research Future (MRFR) on the global data analytics market is anticipated to exhibit remarkable expansion at a CAGR of 30.08% during the forecast period of 2017-2023 and reach the market valuation of USD 77.64 Bn by the end of the forecast period. Data analytics is a technique utilized by various commercial industries for the identification of future outcomes based on the dynamics of historical data.
Increasing adoption of predictive analytics in various industrial sectors for identification and assessment of future outcomes on the basis of historical data is aiding the expansion of the global data analytics market. Rapid development of machine learning technology and increased incorporation of this technology along with statistical algorithms for data analytics are also propelling the growth of the global data analytics market during the assessment period. Rapid adoption of cloud-based solutions and increased incorporation of automation for carrying out various analytical processes are also leading to the expansion of the global data analytics market.
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Major Key Players
• Microsoft Corporation (U.S.),
• SAP SE (U.S.),
• Amazon Web Services Inc. (U.S.),
• Oracle Corporation (U.S.),
• SAS Institute Inc. (U.S.),
• Dell Inc. (U.S.),
• Alteryx, Inc. (U.S.),
• Datameer Inc. (U.S.),
• Looker Data Sciences, Inc. (U.S.)
• IBM Corporation (U.S.).
According to MRFR, the report projects that the global Data Analytics Market for will exhibit a CAGR of 30.08% during the forecast period (2017-2023) to surpass a valuation of USD 77.64 billion.
Global Data Analytics Market: Industry Updates
In July 2018, Market Xcel Data Matrix (India) has announced the creation of a data analytics proposition by setting up a division that includes data scientists and consultants for utilization of smart analytics and data modeling.
In July 2018, Publicis Health (U.S.), the health division of Publicis Group, has acquired Payer Sciences, a data analytics health marketing agency.
Regional Analysis:
The global data analytics market has been geographically segmented into four major regions such as Europe, North America, Asia Pacific (APAC) and the rest of the world. The North America region is projecting dominance over the global data analytics market owing to the presence of well-developed IT sector and rapid adoption of predictive analytics in various end-use industries in this region. Increasing investment in data analytic tools and presence of large volume of unstructured data that requires proper analysis for taking business decisions in various industries are propelling the expansion of the data analytics market in the Europe region. Recent technological advancement and high demand for synchronization of IoT in various industrial sectors by using end-to-end analytical tools are fueling the growth of data analytics market in the Asia Pacific region.
Segmentation:
The global data analytics market is segmented on the basis of type, solution, application, industry, deployment, and organization size. By type, the global data analytics market has been segmented into predictive analytics, descriptive analytics, prescriptive analytics, and customer analytics. By solution, the global data analytics market has been segmented into data management, data mining, fraud and security intelligence, data visualization, and data monitoring.
By application, the global data analytics market has been segmented into enterprise resource planning, supply chain management, database management, human resource management, and others. By industry, the global data analytics market has been segmented into BSFI, manufacturing, retail and e-commerce, energy and power, healthcare, IT and telecommunication, transport and logistics, media and entertainment, and others. By deployment, the global data analytics market has been segmented into cloud and on-premise. By organization size, the global data analytics market has been segmented into small and medium enterprises (SMEs) and large enterprises.
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Intended Audience
• Data Analytics Companies
• Analytics Service Providers
• Software Developer Companies
• Service Providers
• Manufacturing Companies
• Big Data Analytics Service Providers
List of Tables
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL DATA ANALYTICS MARKET, BY TYPE, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL DATA ANALYTICS MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
TABLE 5 GLOBAL DATA ANALYTICS MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 7 GLOBAL DATA ANALYTICS MARKET, BY INDUSTRY, 2016-2023 (USD MILLION)
Continued….
List of Figures
FIGURE 1 GLOBAL DATA ANALYTICS MARKET: MARKET STRUCTURE
FIGURE 2 KEY TAKEAWAYS OF THE DATA ANALYTICS MARKET
FIGURE 3 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 4 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 5 ASIA PACIFIC & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 6 REST OF WORLD MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
Continued….
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.
Contact Info:
Name: abhishek Sawant
Organization: Market Research Future
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/data-analytics-market-1689
Source: MarketersMedia
Release ID: 470922
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