“Global Business Analytics Market Research Report 2019-2023”: Is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The Business Analytics Market is expected to register a CAGR of 7.3% during the forecast period (2018-2023).
Top leading companies are:-
ORACLE CORPORATION, IBM, SAP SE, MICROSOFT CORPORATION, TIBCO SOFTWARE, INC., SAS INSTITUTE, INC., INFOR, MICROSTRATEGY INCORPORATED, QLIK TECHNOLOGIES, INC., and TABLEAU SOFTWARE, INC., amongst others.
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Increasing cold storage applications are likely to act as a market opportunity for market growth in the future.
In 2018, the building wall application dominated the market with a share of around 60%.
Scope of the Report
The scope of the study is segmented by Query Reporting & Analysis Tools, Advanced and Predictive Analytics, Location Intelligence, Content Analytics, Data Warehousing Platform, and Enterprise Performance Management software. The scope is also segmented by deployment model and end-user.
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Key Developments in the Market :-
- March 2018 – Incorta partnered with Business Analytics consulting firm Edgewater Ranzal. With this partnership, Incorta is expected to provide better customer services for customers using Direct Data Mapping platform
- March 2018 – Caliber Mind raised USD 3.2 million in a Series Seed round of financing led by Newark Venture Partners & Buran VC
Increased Emphasis on Gaining Insights into Consumer Behavior is the Major Driver for the Market :-
Companies are increasingly depending on technology to gain competitive advantage over rivals. Sales and marketing teams are expected to continue to keep track of their customers using CRM solutions that collect data from social media and other diverse sources and present them in an actionable manner to the users.
Cloud Segment is Expected to have Highest CAGR :-
The on-demand deployment model of business analytics tools can be defined as an emerging form of the software delivery model, wherein, the business analytics software is deployed and managed on the providers cloud infrastructure. This model offers lucrative benefits to small/medium-scale businesses, by drastically cutting-down the capital expenditure involved in building the required infrastructure on their premises.
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Essential points covered in Global Business Analytics Market 2019 Research are:-
- Business Analytics Market Sales Overview.
- Business Analytics Market Sales Competition by Manufacturers.
- Business Analytics Market Sales Analysis by Region.
- Business Analytics Market Sales Analysis by Type.
- Business Analytics Market Analysis by Application.
- Business Analytics Market -Manufacturers Analysis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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