DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f78mch/analytics_market) has announced the addition of the "Analytics Market in India 2015-2019" report to their offering.
The Analytics market in India to grow at a CAGR of 22.80% over the period 2014-2019
Business analytics software enables enterprises to collect, extract, and analyze data to make better decisions, improve processes, and achieve the desired corporate goals. Its adoption is increasing because of the various benefits it provides such as data management, advanced reporting and analysis, knowledge discovery and decision making, performance management, and presentation and reporting.
One of the major trends upcoming in this market is the emergence of open-source solutions. These solutions are often used in the Education sector by academics and students. The solutions are available free of cost, which enables students to familiarize themselves with the solutions before they enter the workforce.
According to the report, one of the major growth drivers of the market is the proliferation of a huge volume of data. Today, enterprises have vast quantities of data from different sources such as social media, blogs, and mails.
Further, the report states that implementing analytics is a time-consuming process, which is a major challenge faced by the market. Enterprises first need to identify the business goals and then collect the required data, which is time-consuming.
Key Vendors
- Cognizant Technology Solutions
- Genpact
- HP
- IBM
- MU Sigma
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Category
- Market Segmentation by End-users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/f78mch/analytics_market