DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Insights as a Service Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.
The global insight as a service market was valued to be $1160 million in the year 2016. It is further estimated to outstretch to $5080 billion by the year 2023. The global insights as a service market are anticipated to grow with the CAGR of 23.5% during the period 2016-2023.
The major factors that are augmenting the growth of the market are increasing IOT market, increasing big data analytics market, increasing need for customer management, increasing market competition etc. However, data security & safety concern and difficulty in data integration are hindering the growth of the market. Except these petty challenges, insight as a service market is yet to explore its full potential across the globe.
SMEs are heavily adopting insights as a service owing to various advantages of insight as a service such as immediate response, fast decision making, customer satisfaction etc. On the basis of the type, the market is further bifurcated into descriptive, predictive and prescriptive. Descriptive insights are estimated to be the leading and fastest growing segment during the forecast period due to high adoption rate of these services owing to its ability to analyze the past performance to provide key insights for future plans.
Companies Mentioned
- Accenture Plc
- Capegemini
- Deloitte Touche Tohmatsu Limited
- Dell
- Microsoft Corporation
- Good Data
- Zephyr Health
- Smartfocus
- IBM Corporation
- Tata Consultancy Services
-
Infosys
Key Topics Covered:
1. Introduction
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographical Analysis
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/sqzdqw/global_insights
