The analysts forecast the global advanced analytics market to grow at a CAGR of 9.39% during the period 2017-2021 .
The report, Global Advanced Analytics Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the movement of big data to the cloud. Three major factors propelling the growth of big data in the cloud are the increase in data, the growth of cloud, and the rising demand for advanced analytics. The cloud technology is becoming the mainstream (as of mid-2017) and will play a major role in managing the projects powered by analytics. Since a huge amount of data from several sources continues to build, end-user companies are relying on the cloud technology, which is scalable and agile in extracting data. Cloud platforms have high adaptability, which makes them a more flexible platform for the deployment of various types of analytics tools. The connectivity option in the cloud makes analytics accessible and increases the ease of sharing data and applications.
One of the major drivers for this market is growing enterprise data. Enterprise data is generated from various sources, including enterprise applications, web-based search, social networks, and cloud-based applications. The data coming from embedded systems and metadata are some of the fastest-growing data segments. Organizations require advanced analytics and solutions to keep track of the huge volumes of big data generated and to use them effectively. It is not possible to analyze such large volumes of data manually. Hence, advanced analytics helps enterprises optimize their business decisions and innovate new business models, products, and services offerings.
- SAS Institute
Other prominent vendors
- Accretive Technologies
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By End-User
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/kf5sxw/global_advanced