COVID-19 Impact Analysis on Advanced Analytics Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the advanced analytics market include Altair Engineering, Inc.; Fair Isaac Corporation (FICO); International Business Machines Corporation; KNIME; Microsoft Corporation; Oracle Corporation; RapidMiner, Inc.; SAP SE; SAS Institute Inc.; Trianz. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
There is favorable growth in the advanced analytics market in the coming years. The tremendous popularity of online shopping, the role played by artificial intelligence and machine learning to personalize the customer experience, and the growing use of social media platforms are the prime drivers of growth. During the pandemic, businesses adopted advanced analytics solutions for better customer engagement. Moreover, the pandemic saw an overwhelming use of advanced analytics such as data mining and others in all business sectors. The use of analytics tools in applications such as the prediction of traffic, electricity consumption, and trade market will continue to drive growth. The volume of data has increased in today's business world, and advanced analytics help organizations in real-time monitoring of data and making better decisions. This contributes to the demand for advanced analytics solutions. Various government agencies and industrial sectors, such as banking, manufacturing, healthcare, etc., are investing heavily in these tools.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of advanced analytics. The growth and trends of advanced analytics industry provide a holistic approach to this study.
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Market Segmentation
This section of the advanced analytics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Big Data Analytics
- Business Analytics
- Customer Analytics
- Risk Analytics
- Statistical Analysis
- Others (Predictive Analytics, Text Analytics, And Prescriptive Analytics)
By Deployment
- On-Premise
- Cloud
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By End-Use
- BFSI
- Government
- Healthcare
- IT & Telecom
- Military & Defense
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Advanced Analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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