Australian Data Analytics Market is Projected to Grow at a CAGR of 20% During the Forecast Period - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Australia Data Analytics Market, By Component (Software and Services), By Deployment (On-Premise and Cloud), By Organization Size, By End-User Industry, By Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Australian Data Analytics Market is projected to grow at a CAGR of 20% during the forecast period. Data analytics is defined as the science of collecting, transforming and analyzing raw data to extract the useful information.

Data analytics helps organizations in detecting fraud, improving productivity, reducing risk, improving customer experience & satisfaction, taking quick actions on emerging market trends, gaining competitive advantages over other industry players, etc. The reason for the growth of the data analytics market in Australia includes growing number of businesses that rely on large scale data analytics to obtain greater insights on their customer's behaviour along with their respective business requirements. Moreover, increasing awareness among the organizations regarding the generated data which can be used for foretelling future outcomes is positively influencing the growth of data analytics market in the country. Furthermore, rising penetration of integrated and connected technologies is further anticipated to boost the market growth over the coming years.

The Australian Data Analytics Market can be segmented based on component, deployment, organization size, end-user industry, company and regional analysis. Based on deployment, the market can be segmented into on-premise and Cloud. Out of which, Cloud is estimated to be the fastest growing segment during the forecast period which can be attributed to the numerous benefits it offers, such as simple deployments, reduced operational costs, and higher scalability. On the other hand, the data analytics solution providers are focusing more on development of robust cloud-based solutions for their customers because many organizations have migrated to either private or public cloud.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021-2025

Objective of the Study:

• To analyze and forecast the market size of the Australian Data Analytics Market.
• To classify and forecast the Australian Data Analytics Market based on component, deployment, organization size, end-user industry, company and regional distribution.
• To identify drivers and challenges for the Australian Data Analytics Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Australian Data Analytics Market.
• To identify and analyze the profile of leading players operating in the Australian Data Analytics Market.

Both primary as well as exhaustive secondary research were performed for this study. Initially, a list of data analytics companies across the region was sourced. Subsequently, primary research surveys were conducted with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the manufacturers which could not be identified due to the limitations of secondary research could be included. The companies, distribution channels and presence of all major companies across the region were analysed.

The market size of the Australian Data Analytics Market was calculated by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. These values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Australia Data Analytics Market Outlook

5.1. Market Size and Forecast

5.1.1. By Value

5.2. Market Share and Forecast

5.2.1. By Component (Software and Services)

5.2.2. By Deployment (On-Premise and Cloud)

5.2.3. By Organization Size (Large Enterprises Vs Small and Medium Enterprises)

5.2.4. By End-User Industry ( BFSI, Government & Defense, Retail & E-Commerce, IT & Telecom and Others)

5.2.5. By Company

5.2.6. By Region

5.3. Market Attractive Index

6. Australia Large Enterprises Data Analytics Market Outlook

6.1. Market Size and Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Component

6.2.2. By Deployment

6.2.3. By End-user Industry

7. Australia Small and Medium Enterprises Data Analytics Market Outlook

8. Market Dynamics

8.1. Drivers

8.2. Challenges

9. Market Trends & Developments

10. Pricing Analysis

11. Competitive Landscape

11.1. Competition Benchmarking

11.2. Company Profiles (Leading companies)

11.2.1. SAS Institute Australia Pty Ltd

11.2.2. SAP Australia Pty Ltd

11.2.3. IBM Australia Ltd

11.2.4. SFDC Australia Pty. Ltd. (Salesforce)

11.2.5. Oracle Corp Australia Pty Ltd

11.2.6. Microsoft Pty Ltd

11.2.7. Dell Australia Pty Ltd

11.2.8. Qliktech Australia Pty Ltd

11.2.9. TIBCO Software Australia Pty Ltd.

11.2.10. Sisense Australia Pty Ltd.

12. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/ekanpj