Advanced Analytics Market Overview

Market Research Future (MRFR), in its recently published research report, asserts that the global advanced analytics market 2022 is expected to grow exponentially over the review period, recording a substantial market valuation of USD 22 billion and a healthy 15% CAGR in the forecast period. With the market data of this report, emerging trends along with major drivers, Advanced Analytics market share, size. trends, SWOT analysis, review, challenges, and opportunities with forecast.

Advanced Analytics Market Drivers and Restraints

Owing to the growing advent of cloud-based technology and the rising acceptance of artificial intelligence, the global advanced analytics market is expected to see a rapid growth during the forecast period. In addition, the growing demand for advanced analytics solutions across different end-users drives the growth of the global advanced analytics market. Growing enterprise data is one of the key factors driving the growth of the global advanced market in analytics. These days, the growing volume of enterprise-managed data opens the doors to advanced analytics techniques and drives business growth. Demand growth is also due to the growing emphasis on business organizations on digital media marketing and rising companies 'adoption of advanced analytics tools to gain deeper demand insights.

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Advanced Analytics Market Segmental Analysis

By Type

• Statistical analysis
• Big data analytics
• Customer analytics
• Risk analytics
• Social analytics
• Visual analytics
• Business analytics
• Predictive modeling

By Application

• BFSI
• IT & communications
• Healthcare
• Government & defense
• Transportation & logistics
• Consumer goods & retail
• Others

By End-users

• Statistical analysis
• Big data analytics
• Customer analytics
• Social analytics
• Visual analytics
• Risk analytics
• Business analytics
• Predictive modeling

Advanced Analytics Market Regional Analysis

The geographical overview of the global advanced analytics market has been analyzed in four major regions, including Europe, North America, the Asia Pacific, and the rest of the world.

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The North America market is expected to see substantial growth during the forecast period and hold the largest share of the world economy. Furthermore, growing social media adoption is another major factor driving the growth of the region's advanced analytics industry. Due to the presence of existing key players such as SAS Institute, Oracle Corporation, IBM Corporation, Statsoft and Microsoft Corporation in this region, the U.S. and Canada are expected to drive the development of the advanced analytics market in North America area. In addition, the increasing technological advancements and the increasing acceptance of artificial intelligence in the region. In addition, the region has a well-established infrastructure that allows for faster implementation of advanced technologies. The market is expected to show tremendous growth in the future because of the region's prosperous and well-established economies. In addition, North America also has a well-established network that allows for greater mobile penetration and eventually provides better connectivity.

In the global advanced analytics market, Asia Pacific is expected to see a relatively faster adoption at the fastest CAGR over the review period as compared to other regions due to increased employment of artificial intelligence and advanced analytics solutions in order to comprehend customer behavior across different countries in the region.

Advanced Analytics Market Competitive Analysis

The major market players operating in the global market as identified by MRFR are

• SAS Institute (U.S.)
• SAP SE (Germany)
• IBM Corporation (U.S.)
• Oracle Corporation (U.S.)
• KNIME AG (Switzerland)
• Statsoft
• Angoss Software Corporation (Canada)
• Microsoft Corporation (U.S.)
• Fico (U.S.) among others.

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This Report aims to provide

• A qualitative and quantitative analysis of the current trends, dynamics, and estimations from 2022 to 2030.
• The analysis tools such as SWOT analysis, Porter’s five force analysis are utilized which explains the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.
• The in-depth analysis of the market segmentation helps to identify the prevailing market opportunities.
• In the end, this Advanced Analytics report helps to save you time and money by delivering unbiased information under one roof.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

Continued...

5 Industry Overview Of Global Advanced Analytics Market

Continued...

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