Global Advanced Analytics Market 2017-2021

  • ID: 4430398
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • Accretive Technologies
  • Cloudera
  • IBM
  • KNIME
  • Oracle
  • Salesforce
  • MORE
About Advanced Analytics

Advanced analytics usually provides answers to the questions related to the future and is proactive. For instance, it can be used to find/predict what might happen to the output if a certain factor is tweaked in a currently running system. It focuses on predicting and correlating actions. Advanced analytics include predictive analytics, data mining, text mining, simulation, statistical analysis, big data analytics, and descriptive modeling. Advanced analytics uses big data. It uses both structured and unstructured data. Useful data generation is automated. Advanced analytics is mainly used by consultants, data scientists, business analysts, and business users to predict problems and outcomes.

The analysts forecast the global advanced analytics market to grow at a CAGR of 9.39% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global advanced analytics market for 2017-2021 . To calculate the market size, the report considers the revenue generated from software and services. The software license revenue includes both perpetual and periodic licenses or subscriptions.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Advanced Analytics Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IBM
  • KNIME
  • SAS Institute
Other prominent vendors
  • Accretive Technologies
  • ANGOSS SOFTWARE
  • Ayasdi
  • Cloudera
  • Dell
  • FICO
  • INSURITY
  • Micro Focus
  • Microsoft
  • Oracle
  • Pegasystems
  • JSC PROGNOZ
  • RapidMiner
  • Salesforce
  • TABLEAU SOFTWARE
  • Teradata
  • TIBCO Software
  • Workday
Market drivers
  • Growing enterprise data
  • For a full, detailed list, view the full report
Market challenges
  • Challenges associated with big data and cloud
  • For a full, detailed list, view the full report
Market trends
  • Movement of big data to the cloud
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Accretive Technologies
  • Cloudera
  • IBM
  • KNIME
  • Oracle
  • Salesforce
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY END-USER
  • Overview
  • BFSI
  • Communications sector
  • Government and transportation sector
  • Healthcare sector
  • Others
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas - market size & forecast
  • EMEA - market size & forecast
  • APAC - market size & forecast
  • Key leading countries
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Movement of big data to the cloud
  • Growth of social media
  • Growing mergers and acquisitions
PART 11: VENDOR LANDSCAPE
  • Overview
  • Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
  • IBM
  • KNIME
  • SAS Institute
PART 13: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Advanced analytics vs. BI
Exhibit 02: Global advanced analytics market: Overview
Exhibit 03: Global advanced analytics market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global advanced analytics market by end-user 2016 (%)
Exhibit 06: Global advanced analytics market by end-user 2016-2021 (%)
Exhibit 07: Global advanced analytics market by end-user CAGR 2016-2021 (%)
Exhibit 08: Global advanced analytics market by BFSI 2016-2021 ($ millions)
Exhibit 09: Global advanced analytics market by communications 2016-2021 ($ millions)
Exhibit 10: Global advanced analytics market by government & transportation 2016-2021 ($ millions)
Exhibit 11: Global advanced analytics market by healthcare 2016-2021 ($ millions)
Exhibit 12: Global advanced analytics market by others 2016-2021 ($ millions)
Exhibit 13: Global advanced analytics market - market size & forecast 2016-2021 (%)
Exhibit 14: Global advanced analytics market by geography: CAGR 2016-2021
Exhibit 15: Regional comparison
Exhibit 16: Americas - market size & forecast 2016-2021 ($ millions)
Exhibit 17: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 18: EMEA - market size & forecast 2016-2021 ($ millions)
Exhibit 19: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 20: APAC - market size & forecast 2016-2021 ($ millions)
Exhibit 21: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 22: Key leading countries
Exhibit 23: Major acquisitions in the global advanced analytics market
Exhibit 24: Competitive differentiators for the vendors
Exhibit 25: Other prominent vendors
Exhibit 26: IBM: Recent developments
Exhibit 27: KNIME: Recent developments
Exhibit 28: SAS Institute: Recent developments
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FEATURED COMPANIES

  • Accretive Technologies
  • Cloudera
  • IBM
  • KNIME
  • Oracle
  • Salesforce
  • MORE
New Report Released: - Global Advanced Analytics Market 2017-2021

The author of the report recognizes the following companies as the key players in the global advanced analytics market: IBM, KNIME, and SAS Institute.

Other Prominent Vendors in the market are: Accretive Technologies, ANGOSS SOFTWARE, Ayasdi, Cloudera, Dell, FICO, INSURITY, Micro Focus, Microsoft, Oracle, Pegasystems, JSC PROGNOZ, RapidMiner, Salesforce, TABLEAU SOFTWARE, Teradata, TIBCO Software, and Workday.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Movement of big data to the cloud. Three major factors propelling the growth of big data in the cloud are the increase in data, the growth of cloud, and the rising demand for advanced analytics. The cloud technology is becoming the mainstream (as of mid-2017) and will play a major role in managing the projects powered by analytics. Since a huge amount of data from several sources continues to build, end-user companies are relying on the cloud technology, which is scalable and agile in extracting data. Cloud platforms have high adaptability, which makes them a more flexible platform for the deployment of various types of analytics tools. The connectivity option in the cloud makes analytics accessible and increases the ease of sharing data and applications.”

According to the report, one of the major drivers for this market is Growing enterprise data. Enterprise data is generated from various sources, including enterprise applications, web-based search, social networks, and cloud-based applications. The data coming from embedded systems and metadata are some of the fastest-growing data segments. Organizations require advanced analytics and solutions to keep track of the huge volumes of big data generated and to use them effectively. It is not possible to analyze such large volumes of data manually. Hence, advanced analytics helps enterprises optimize their business decisions and innovate new business models, products, and services offerings.

Further, the report states that one of the major factors hindering the growth of this market is Challenges associated with big data and cloud. The movement of big data toward the cloud is a major trend in the global advanced analytics market and is discussed in the trends section of the report. However, the movement of big data toward the cloud poses certain challenges to the growth of the global advanced analytics market. One of the major challenges is the shifting of huge volumes data over a long distance. Shifting through the Internet is nearly impossible due to inadequate bandwidths. Very few companies, such as Amazon, have come up with certain solutions to move huge volumes of data using external storage devices. For moving data to Google Cloud Platform, Alphabet has released an appliance called Google Transfer Appliance with 100 terabyte (TB) and 480 TB raw storage. The company claims that the 480 TB device can store and ship 1 petabyte (PB) of data with the help of compression techniques.

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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  • IBM
  • KNIME
  • SAS Institute
  • Accretive Technologies
  • ANGOSS SOFTWARE
  • Ayasdi
  • Cloudera
  • Dell
  • FICO
  • INSURITY
  • Micro Focus
  • Microsoft
  • Oracle
  • Pegasystems
  • JSC PROGNOZ
  • RapidMiner
  • Salesforce
  • TABLEAU SOFTWARE
  • Teradata
  • TIBCO Software
  • Workday
Note: Product cover images may vary from those shown
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