Analytics as a Service Market to grow by USD 34.11 billion from 2022 to 2027, Growth Driven by Growing availability and complexity of data- Technavio
NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The "analytics as a service market by type (predictive analytics, prescriptive analytics, diagnostic analytics, and descriptive analytics), end-user (BSFI, manufacturing, retail, healthcare, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America) - Forecast and Analysis 2023-2027" report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the analytics as a service market between 2023 and 2027 is USD 34.11 billion. The growing availability and complexity of data is a key factor driving market growth. The availability of large amounts of data and the growing complexity of information in organizations are some major factors leading to the development of different types of intelligence Data Analytics. Moreover, the type of data that includes support for products, invoices, current contract regulations, and other unforeseen events can often be stored by companies in their own warehouses. Data formats also have different or complex natures due to these types of data being a combination of product support, invoices, recent contractual rules as well and other unexpected occurrences. Analyzing this data can be a complex and tedious task for a normal computer as well as a human. Hence, these factors are expected to drive market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
Data privacy and security concerns are one of the significant challenges restricting market growth.
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The analytics as a service market has been segmented by type (predictive analytics, prescriptive analytics, diagnostic analytics, and descriptive analytics), end-user (BSFI, manufacturing, retail, healthcare, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
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Key Companies in the analytics as a service market:
Accenture Plc, Alphabet Inc., Alteryx Inc., Amazon.com Inc., Atos SE, Cloudera Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., Infor Inc., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech International AB, Salesforce Inc., SAP SE, SAS Institute Inc., Sisense Ltd., Thales Group, and TIBCO Software Inc.
The Enterprise Location-Based Services (LBS) Market size is estimated to grow at a CAGR of 23.37% between 2022 and 2027. The market size is forecast to increase by USD 45,230.04 million. This enterprise LBS market report extensively covers market segmentation by application (large enterprises and SMEs), component (hardware, software, and services), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). One of the key factors driving the enterprise LBS market growth is the increasing focus on proximity marketing.
The Unified Endpoint Management (UEM) market is estimated to grow at a CAGR of 36.96% between 2022 and 2027. The market size is forecast to increase by USD 25,741.83 million. This unified endpoint management market report extensively covers market segmentation by component (solutions and services), deployment (cloud, on-premises, and hybrid), and geography (North America, APAC, Europe, South America, and the Middle East and Africa). The increasing number of security threats is driving growth in the unified endpoint management market.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by End-User
Market Segmentation by Geography
Drivers, Challenges, & Trends
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