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Global Embedded Analytics Market Analysis & Forecast to 2022, With an Expected CAGR of 14.1% - ResearchAndMarkets.com

[August 07, 2018]

Global Embedded Analytics Market Analysis & Forecast to 2022, With an Expected CAGR of 14.1% - ResearchAndMarkets.com

The "Embedded Analytics Market by Component (Software and Services), Business Function (IT, Marketing and Sales, Finance, Production, and HR), Deployment Model (On-Premises and On-Demand), Organization Size, Industry, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

This research 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%.

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 resolution, without having to export the data.

Embedded analytics solutions have been deployed across various industries, including Banking, Financial Services, and Insurance (BFSI); telecommunications and IT; retail and consumer goods; manufacturing; healthcare and life sciences; energy and utilities; transportation and logistics; media and entertainment; government and defense; and others (product development and legal).

North America, followed by Europe, is expected to continue being the largest revenue-generating region for the embedded analytics vendors, for the next 5 years. This is mainly due to the presence of various developed economies, such as Canada and the US, and because of the high focus on innovations through R&D and technology across industries.

Companies Mentioned