Title: Advanced Analytics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1 Advanced Analytics Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- The market for Advanced Analytics is forecast to
reach 9.67billion by 2025, growing at a CAGR of
23.76 from 2020 to 2025. - As advanced analytics helps business to take
crucial decisions based on the insights, the
adoption rate in various firms is significantly
rising thereby contributing to the market growth
rate.
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- Key Takeaways
- BFSI is analysed to hold highest market share
owing to the increased demand from the sector due
to increasing frauds. - North America is dominating the advanced
analytics market is 2019 majorly attributed to
the faster adoption and implementation of
advanced technologies. - Increasing demand for cloud based solutions in
data storage and in analytics is driving the
market growth rate.
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By Distribution Channel- Segment Analysis The
growing need of minimizing the frauds and risk
handling in BFSI sector is contributing to the
highest market share of the segment in 2019.
Advanced analytics helps the banks in sorting the
data of particular region in order to make
insightful decisions in credit risk management,
capital planning and so on. Moreover, the
replacement of the traditional anti-fraud tools
with advanced analytics as a result of growing
frauds is set to contribute to the growth of the
market. Adding to this, the significant rise in
the unorganized data generated from streaming
activities for media subscription services is
analysed to contribute to the growth of advanced
analytics adoption in the IT Telecom sector.
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- Advanced Analytics Market Industry Outlook
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- RapidMiner
- SAP
- Fair Isaac Corporation
- Altair Engineering
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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