Title: The Middle East and Africa Cloud Analytics market is primarily driven by the insufficient in-house IT expertise of the organizations
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- The Middle East and Africa Cloud Analytics market
is primarily driven by the insufficient in-house
IT expertise of the organizations
2Within the MEA region, most of the corporations
lack in-house specific technical expertise. This
has created a need for efficient business
analytics solutions to be available on the cloud.
Also, traditional analytics solutions have many
challenges that act as barrier to the growth of
this market. MEA regions cloud analytics market
has been approximated to be worth 45.3 million
as of 2014. This valuation is projected to grow
at a phenomenal rate of 63.5 on an annual basis,
and reach 529.6 billion by the end of the year
2019.Key enterprises that play an active role in
this market are IBM, Oracle, SAP, SAS, and Tibco.
3The exponential growth in big data has fueled the
demand for efficient business analytics solutions
for the purpose of decision making and strategy
formation. Traditional solutions are complex to
deploy and difficult to manage, which has led to
the emergence of user friendly cloud based
analytics solutions. Cloud analytics is a
cloud-enabled service model that allows an
organization or individual to perform business
analysis by providing the analytics elements
through public, private, and hybrid cloud. The
solutions such as business intelligence (BI)
tools, hosted data warehouse, complex event
processing, and enterprise performance management
reduces the deployment time considerably, with
less storage space and high processing capacity.
4 Browse through the TOC of the Middle East and
Africa Cloud Analytics market report to get an
idea of the in-depth analysis provided. It also
provides a glimpse of the segmentations in the
market, and is supported by various tables and
figures. http//www.micromarketmonitor.com/market
/middle-east-and-africa-cloud-analytics-2261495873
.html
5Cloud analytics services work similar to that of
typical data analytics services, and provide
almost similar features, but cloud analytics
integrates some or all of the service models of
cloud computing in delivering solutions which
makes it different and lucrative. The major
factors driving the cloud analytics market in the
Middle East Africa is the insufficient in-house
expertise of the companies. Many enterprises
operating in this region do not have enough IT
personnel to manage their complex,
mission-critical websites, and other
applications, thus cloud analytics became the
best and appropriate tool for them as it manages
colossal amount of data without any advanced IT
infrastructure.
6The numerous benefits of cloud based business
analytics solutions have pushed the growth of the
Middle East and African cloud analytics market.
Key enterprises that play an active role in this
market are IBM, Oracle, SAP, SAS, and TIBCO. The
Middle East Africa cloud analytics market is
segmented and forecast on the basis of Solutions,
such as Cloud BI Tools, Hosted Data Warehouse
Solutions, Complex Event Processing, Enterprise
Information Management, Enterprise Performance
Management, Cloud Analytics Solutions, and Cloud
Analytics Governance, Risk and Compliance. The
market is further segmented on the basis of
End-users, such as Enterprises, Small Business,
and Medium Business. The market has also been
segmented on the basis of the major countries in
this region, such as the Saudi Arabia and others.
7Latin America Cloud Analytics Market
- Latin Americas cloud analytics market is
currently valued at 191.7 million. This
valuation is expected to rise to 688.5 million
by the end of the year 2019. The annual rate of
growth has been projected to be 29.1. Latin
American nations rise in vast amount of data has
been remarkable. This has pushed the need for
better handling and analysis of data. Thus, the
demand for cloud-based analytics is on the rise.
Few of the companies with a significant market
share are Oracle, SAP, and IBM. - http//www.micromarketmonitor.com/market/latin-ame
rica-cloud-analytics-2907855439.html
8Europe Cloud Analytics Market
- The total revenue of the cloud analytics market
in the European region is 1.46 billion. This is
poised to grow annually at a rate of 22.3, and
eventually reach 3.993 billion by the end of the
year 2019.Cloud-based solutions are being adopted
by various enterprises in the European nations.
Hence, the requirement for cloud analytics
services continues to remain high in all the
different verticals. The ease of deployment of
cloud based business analytics pushes up the
overall demand of this market. Some of the
prominent players in this market are SAP, IBM,
and SAS - http//www.micromarketmonitor.com/market/europe-cl
oud-analytics-8834438927.html
9Asia Pacific Cloud Analytics Market
- The traditional business analytics solutions
being implemented in various enterprises in APAC
region are highly complex to comprehend. Thus,
the recent cloud analytics services being
deployed are quickly gaining ground and
simplifying the entire process of business
analytics. This factor, in addition to the ease
of usage, boosts the demand of this market. The
current valuation of the APAC regions cloud
analytics market is 1.023 billion. This value is
forecast to grow to 4.473 billion in a span of 5
years. The yearly rate of growth is estimated to
be 34.3.The major service providers in this
regions cloud analytics market are SAS, Oracle,
IBM, SAP, and Salesforce. - http//www.micromarketmonitor.com/market/asia-paci
fic-cloud-analytics-4225632637.html
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the prevailing technologies/products.
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