Bhopal Newspaper

Business Analytics Market 2020: Highlights | COVID-19 Impact Analysis Global Industry Demand, Impressive Growth, Size And Share Forecast Till 2025

 Breaking News
  • No posts were found

Business Analytics Market 2020: Highlights | COVID-19 Impact Analysis Global Industry Demand, Impressive Growth, Size And Share Forecast Till 2025

June 16
15:27 2020
Business Analytics Market 2020: Highlights | COVID-19 Impact Analysis Global Industry Demand, Impressive Growth, Size And Share Forecast Till 2025

“Business Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”
According to the latest report by IMARC Group, titled “Business Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global business analytics market size experienced healthy growth during 2014-2019.

Business analytics is a data management solution, which includes collating, sorting, processing and transforming data into business insights. It utilizes sophisticated data, quantitative analysis, mathematical models, information systems, computer science, operations research to analyze the data, develop models, predict future events and recommend adequate actions to maximize ideal outcomes. Some of the main components of data analytics are data aggregation, data mining, association and sequence identification, text mining, forecasting, predictive analytics, optimization, and data visualization.

 Market Trends

The rising adoption of the internet of things (IoT), machine learning and artificial intelligence (AI) are increasing the volume and complexity of data sets. This, along with the growing mobile data and cloud computing traffic, is escalating the demand for business analytics across the globe. Additionally, business analytics aids an organization in analyzing historical data and performances of its business processes for better decision-making and optimal management of resources. Owing to this, there is increasing adoption of business analytics in the telecom and IT sectors, which is acting as another major growth-inducing factor. Furthermore, the expanding application of business analytics in the healthcare, energy and power, media and entertainment and banking, financial services, and insurance (BFSI) sectors, is expected to create a positive outlook for the market growth in the upcoming years.

Request for a free sample copy of this report:

https://www.imarcgroup.com/business-analytics-market/requestsample

Breakup by Software:

  • Query, Reporting and Analysis Tools
  • Advanced and Predictive Analytics
  • Location Intelligence
  • Content Analytics
  • Data Warehousing Platform
  • Others
     

Breakup by Deployment Type:

  • Cloud-based
  • On-Premises
     

Breakup by End-User:

  • Large Enterprises
  • Small and Medium Size Enterprises

Explore full report with table of contents:

https://www.imarcgroup.com/business-analytics-market
 

Breakup by Vertical:

  • BFSI
  • Energy and Power
  • Manufacturing
  • Healthcare
  • Government
  • Education
  • Media and Entertainment
  • Telecom and IT
  • Others
     

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

 

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Adobe Systems Incorporated, International Business Machines (IBM) Corporation, Microsoft Corporation, Microstrategy Incorporated, Oracle Corporation, Salesforce.com Inc., SAP SE, SAS Institute Inc., Tableau Software, Tibco Software Inc., etc.

Browse Related Report:

https://www.imarcgroup.com/disaster-recovery-as-service-market

https://www.imarcgroup.com/marketing-resource-management-market

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally—our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1 6317911145
Address:30 N Gould St, Ste R
City: Sheridan
State: WY 82801
Country: United States
Website: https://www.imarcgroup.com/

Related Articles