Description

Advanced analytics is a data analysis methodology that uses predictive modeling, machine learning algorithms, deep learning, business process automation and other statistical methods to analyze business information from a variety of data sources. Advanced analytics is a valuable resource to enterprises because it enables an organization to get greater functionality from its data assets, regardless of where the data is stored or what format it’s in. According to a report by StrategyHelix, the global advanced analytics market is set to increase by US$ 20.9 billion during 2022-2028, growing at a CAGR of 16.3% during the forecast period.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for advanced analytics. The global advanced analytics market is segmented on the basis of type of analytic, deployment mode, organization size, end user, and region. On the basis of type of analytic, the global advanced analytics market has been segmented into big data analytics, business analytics, customer analytics, risk analytics, statistical analysis, others. The big data analytics segment held the largest revenue share in 2021. By deployment mode, the global advanced analytics market has been segmented into on-premise, cloud. Among these, the cloud segment was accounted for the highest revenue generator in 2021. Based on organization size, the global advanced analytics market is categorized into large enterprises, small and medium enterprises (SMEs). The large enterprises segment captured the largest share of the market in 2021. On the basis of end user, the global advanced analytics market has been segmented into BFSI, government and defense, healthcare, IT and telecom, retail, others. According to the research, the BFSI segment had the largest share in the global advanced analytics market. Geographically, the global advanced analytics market is segmented into Asia Pacific, Europe, North America, Rest of the World (RoW).

The global advanced analytics market is highly competitive. The report also includes the profiles of leading companies such as Altair Engineering Inc., Alteryx Inc., Fair Isaac and Company (FICO), IBM Corporation, KNIME AG, Microsoft Corporation, Oracle Corporation, QlikTech International AB, RapidMiner Ltd., SAP SE, SAS Institute Inc. Competitive landscape gives a description of the competitive nature of the global advanced analytics market and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the advanced analytics market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Type of analytic: big data analytics, business analytics, customer analytics, risk analytics, statistical analysis, others
Deployment mode: on-premise, cloud
Organization size: large enterprises, small and medium enterprises (SMEs)
End user: BFSI, government and defense, healthcare, IT and telecom, retail, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Company mentioned: Altair Engineering Inc., Alteryx Inc., Fair Isaac and Company (FICO), IBM Corporation, KNIME AG, Microsoft Corporation, Oracle Corporation, QlikTech International AB, RapidMiner Ltd., SAP SE, SAS Institute Inc.

Key Benefits for Stakeholders

– Get a comprehensive picture of the global advanced analytics market
– Pinpoint growth sectors and trends for investment

Table of Contents

Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Advanced analytics market overview
Part 3. Market breakdown by type of analytic
– Big data analytics
– Business analytics
– Customer analytics
– Risk analytics
– Statistical analysis
– Others
Part 4. Market breakdown by deployment mode
– On-premise
– Cloud
Part 5. Market breakdown by organization size
– Large enterprises
– Small and medium enterprises (SMEs)
Part 6. Market breakdown by end user
– BFSI
– Government and defense
– Healthcare
– IT and telecom
– Retail
– Others
Part 7. Market breakdown by region
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)
Part 8. Key companies
– Altair Engineering Inc.
– Alteryx Inc.
– Fair, Isaac and Company (FICO)
– IBM Corporation
– KNIME AG
– Microsoft Corporation
– Oracle Corporation
– QlikTech International AB
– RapidMiner Ltd.
– SAP SE
– SAS Institute Inc.
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