Pune, India -- (SBWIRE) -- 01/26/2019 -- Global Data Analytics Outsourcing Market Overview:

Data Analytics Outsourcing Market is accounted for $2,233.12 million in 2017 and is expected to reach $18,681.12 million by 2026 growing at a CAGR of 26.6% during the forecast period. Some of the factors favouring the market growth are huge acceptance of mobile devices and social media and huge investments in data analytics by organizations to boost their output. Lack of availability of data scientists around the globe and privacy concerns of personal data, & data security problems are hampering the market growth. Moreover, rising recognition of Internet of things (IoT) as it provides vendors and businesses is providing ample opportunities for the market growth.

Data Analytics Outsourcing represents the outsourcing of data and statistical research, adding up to the purpose of computational resources for useful decision-making and complex business solutions to third-party marketers. Data analytics tools enable organizations to make better decisions, raise efficiency, diminish operational costs, supply customized offerings and improve customer services.

Global Data Analytics Outsourcing Market Segmentation:

The key Vendors profiled in the Data Analytics Outsourcing include Accenture, Infosys Ltd, Capgemini, IBM Corporation, Tata Consultancy Services Ltd., Genpact Ltd. , Wipro Ltd., Sap SE, Fractal Analytics Ltd, Mu Sigma, Inc., ZS Associates, Inc. , Trianz, RSA Security LLC, ThreatMetrix and Opera Solutions LLC.

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By type, descriptive data analytics segment is driving the market growth. The rising acceptance of digital technologies and big data has encouraged enterprises to adopt descriptive analytics owing to the resulting growth in volume of data. The data provided by descriptive analytics help the enterprises to generate a better plan for business growth and for better decision-making.

North America dominated the market in terms of revenue due to increasing adoption of superior digital technologies by end users in the region, leading to generation of large volumes of data. In addition, rising amount of data from several branches including production, procurement, sales & marketing and human resource is projected to drive demand for data analytics outsourcing in the region.

Types Covered:

Predictive Data Analytics, Prescriptive Data Analytics, Descriptive Data Analytics

Applications Covered:

Supply Chain Analytics
Sales Analytics
Marketing Analytics
Finance & Risk Analytics
Fraud Detection and Risk management
Advisory Services
Process Optimization
Device Security Solutions
Other Applications
End Users Covered:

Media & Entertainment
IT & Telecom
Banking, financial services and insurance (BFSI)
Healthcare
Retail
Manufacturing
Energy & Utilities
Education
Consumer Packaged Goods
Other End users
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Regional Analysis included in Global Data Analytics Outsourcing Market:

North America(US, Canada, Mexico)
Europe (Germany, UK, Italy, France, Spain, Rest of Europe)
Asia Pacific (Japan , China , India , Australia , New Zealand , South Korea , Rest of Asia Pacific)
South America (Argentina, Brazil, Chile, Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa)
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What we offer in the Global Data Analytics Outsourcing Market Report:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements