Analytics Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Growing Complexity Of Data to Boost Market Growth | Technavio
Technavio has been monitoring the analytics market and it is poised to grow by $ 109.71 bn during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Analytics Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon.com (News - Alert) Inc., Informatica LLC, International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech International AB, Salesforce.com Inc., SAP (News - Alert) SE, and SAS Institute Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growing complexity of data has been instrumental in driving the growth of the market. However, data privacy and security concerns might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and governmen regulations.
Analytics Market 2020-2024: Segmentation
Analytics Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43759
Analytics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The analytics market report covers the following areas:
This study identifies the adoption of advanced analytical tools as one of the prime reasons driving the analytics market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Analytics Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Solution
Market Segmentation by End-user
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