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Embedded Analytics Market by Component, Business Function, Deployment Model, Organization Size, Industry and Region - Global Forecast to 2022 - Research and Markets

[September 11, 2017]

Embedded Analytics Market by Component, Business Function, Deployment Model, Organization Size, Industry and Region - Global Forecast to 2022 - Research and Markets

The "Embedded Analytics Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The report estimates the global embedded analytics market to grow from USD 26.77 billion in 2017 to USD 51.78 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1%.

The embedded analytics market is growing rapidly because of the transition from the traditional Business Intelligence (BI) techniques to advanced BI and analytics techniques, which can be managed and utilized from any place, at any time, and the massive surge in the self-service analytics trend across industries. Factors such as the lack of integration with legacy systems is expected to limit the market growth.

Organizations are evolving their Information Technology (IT) monitoring tools to gain more visibility into the new complexity. With the right solution, one can detect patterns early to predict issues before they arise. Embedded analytics allows big data from IT to be converted into relevant and actionable insights for a quick problem reolution, without having to export the data. It enables organizations to extract insights from key operational data types, such as log files, performance metrics, events, and trouble tickets, so that they can proactively avoid outages, achieve a faster mean time to repair, and realize cost savings through greater operational efficiency from any place, within the application. Therefore, the IT business function is estimated to have the largest market share in 2022.

Companies Mentioned