Cloud Analytics Market to experience increase in growth by 2016-2024

Deerfield Beach, FL -- (SBWire) -- 03/03/2017 --Global Cloud Analytics Market: Overview

A cloud analytics is defined as nothing but a set of analytical tools and technology, and techniques that are specially designed to assist the clients to extract data from massive storage of raw data. It is designed to make the statistical data easily dividable and available to the users through web browsers.

Global Cloud Analytics Market: Growth Factors

The global cloud analytics market is likely to witness a huge growth in the industry in the near future. Increased used of cloud service among the companies is the main reason for the growth of the global market. In addition, the growing awareness about the advantages of the clod analytics is also one of the main reasons driving the global market. Additionally, the low cost for maintenance is also one factor that is elevating the global cloud analytics market. Increased use of advanced technology in cloud analytics is also one significant factor that is boosting the global market.

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On the other hand, the high cost for transportation is restraining the global market. Furthermore, the high cost for raw materials is also hindering the global cloud analytics market. Moreover, high cost for the ownership of cloud analytics tools is the main reason that is hampering the global market.

Global Cloud Analytics Market: Segmentation

Based on the solutions, the global cloud analytics market is mainly classified as cloud BI tools, warehouse solutions, hosted data, enterprise information management, complex event processing, enterprise performance management, analytics solutions, and government, risk, and compliance.

On the basis of deployment model, the global market is segmented into public cloud, hybrid cloud, private cloud, community cloud, and others.

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Based on the organization size, the global cloud analytics market is bifurcated into large enterprises and small and medium businesses.

Based on verticals, the global market is mainly classified as banking, financial services, and insurance (BFSI), education, government, healthcare and life sciences, manufacturing, telecommunication and IT, retail and wholesale, and others.

Global Cloud Analytics Market: Regional Analysis

Regionally, the global cloud analytics market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Increased used of cloud service among the companies will boost the global market in North America. India and China is likely to drive the global cloud analytics market due to increased job opportunities in future.

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Global Cloud Analytics Market: Competitive Players

Key players in the global market for cloud analytics are Tibco Software, Vmware Inc., Teradata, Sas Institute Inc., Tableau Software, Rackspace, SAP, Pivotlink, Qlik Tchnologies Inc., Oracle Corp., Panorama Software, Microstrategy, Newvem, Kognitio, Microsoft Corp., Information Builders, Jaspersoft, Infor Global Solutions Inc., Informatica, IBM, Indicee Inc., and Hewlett-Packard Development Company LP. Other major of the global market include Host Analytics, Gooddata Corporation, Google Inc., Birst, Cloud9 Analytics, Adaptive Planning, Bime, and Actuate Corporation.

Global Cloud Analytics Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

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