TMCnet News
Financial Analytics Market 2019 Global Leading Growth Drivers, Trends, Emerging Audience, Industry Segments and Regional StudyFinancial Analytics Market Synopsis: The global financial analytics market is expected to register a CAGR of 10.4% during the forecast period to reach USD 11.58 billion by 2024. Financial analytics solutions creates on-the- spot analysis, which answers specific business questions of enterprises and forecasts future financial scenarios. The businesses, projects, budgets, and other finance-related entities of an enterprise are evaluated to determine the performance and suitability. The data is presented in a dashboard graphically, which is preferred by users as it is easier to read and interpret than a series of spreadsheets with pivot tables. The major factor contributing to market growth is the growing need for data-driven financial decisions among the end users. Advancements in business intelligence (BI) and business analytics tools are also contributing to the market growth. Additionally, the increasing need to reduce planning and budget cycles among organizations is also expected to drive the Financial Analytics Market. However, concerns regarding privacy and security, along with financial regulations and standards are expected to limit the market growth during the forecast period. Advancements in technologies such as artificial intelligence (AI) and machine learning (ML), and the growing adoption of predictive analytics offer lucrative opportunities to the key providers of financial analytics solutions and services in the global market. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7680 Major Key Players: • Fair Isaac Corporation (US • Oracle Corporation (US) • TIBCO Software Inc. (US) • IBM Corporation (US) • Zoho Corporation (India) • Google (US) • SAP (Germany) • MicroStrategy Incorporated (US) • TABLEAU SOFTWARE (US) • Teradata (US) • SAS Institute Inc. (US) • Rosslyn Data Technologies (UK) • Deloitte Touche Tohmatsu Limited (US) • QlikTech International AB (US) • ALTERYX, INC. (US) Regional Analysis: The global financial analytics market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to be the largest market with the US being a technologically advanced country deploying these solutions with the maximum number of leading market players. Access Report Details @ https://www.marketresearchfuture.com/reports/financial-analytics-market-7680 Segmentation The global financial analytics market has been segmented based on component, deployment, organization size, application, vertical, and region/country. • By component, the global financial analytics market has been divided into software and service. • Based on deployment mode, the global financial analytics market has been classified as on-premise and cloud. • Based on organization size, the global financial analytics market has been divided into small and medium-sized enterprises (SMEs) and large enterprises. • On the basis of application, the market has been segmented intogovernance, risk, and compliance management, customer management, wealth management, financial forecasting and budgeting, transaction monitoring, stock management, fraud detection and prevention, and others. • On the basis of vertical, the global financial analytics market has been divided into banking, financial services and insurance (BFSI), retail & e-commerce, government and defense, healthcare and life sciences, energy and utilities, manufacturing and automotive, telecommunication and IT, transportation and logistics, and others. • The global financial analytics market has been analyzed for four regions—North America, Europe, Asia-Pacific, and the rest of the world. Access PR Details @ https://www.marketresearchfuture.com/press-release/financial-analytics-market Intended Audience: • Financial analytics vendors • Systems integrators • Cloud services providers • Government organizations • Distributors and Value-Added Resellers (VARs) • Investors and venture capitalists • Market consultants • Compliance officers • Regulators • System Integrators • Chief Financial Officers About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact: Market Research Future Office No. 524/528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312 Email: [email protected] As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |