Data Analytics Market Expected to Reach USD 159 Billion Revenue by 2022 at a CAGR of 31%
Data Analytics Information by Type (Prescriptive, Predictive, Descriptive), by Application (Mining, Data Mining, DBMS), By End Users (BFSI, Software/IT, Government, Healthcare, Manufacturing) - Forecast 2016-2022
Pune, Maharashtra -- (SBWire) -- 01/25/2017 --Market Highlights:
According to the report, Global Data Analytics Market is expected to grow at CAGR of ~31% and soon hit the market size of US $~159 billion. Growing application areas and high adoption rate of analytics software are some key factors which is driving the market.
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Commenting on the report, an analyst from Market Research Future (MRFR)'s team said: "Technological growth and need of data interpretation in big organization are the key drivers for the data analytics market. High adoption rate of automation and high dependency on technology will help the big data analytics to explore the new heights in coming period."
Access the market data and market information presented through more than 50 market data tables and figures spread over 110 numbers of pages of the project report "Global Data Analytics Market"
Market Research Future (MRFR) recognizes the following companies as the Key Players in the Global Data Analytics Market: IBM (U.S), Alteryx (U.S.) BigPanda (U.S.) SAS Institute (U.S.), Dell (U.S.).
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Other Prominent Vendors in the market are: Microsoft Corporation (U.S.), Amazon Web Services (U.S.), Cogito Corporation (U.S.), Datameer (U.S.), Looker (U.S.) among others.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Market Segments:
Global Data Analytic Market has been segmented on the basis of type, application and end users.
- Types of data analytics include Prescriptive, Predictive and Descriptive.
- Application includes- Web Mining, Data Mining, DBMS among others and
- End Users like BFSI, Software/IT, Government, Healthcare, Media and Communication and Manufacturing among others.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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