Global Advanced Analysis Market - Forecasts to 2027

According to a new market research report published by Global Market Estimates, the Global Advanced Analytics Market is projected to grow from USD 33.5 billion in 2021 to USD 91.9 billion by 2027 at a CAGR value of 21.5% from 2022 to 2027. The introduction of machine learning and artificial intelligence (AI) to provide tailored user experiences, as well as the increased requirement to prevent fraudulent practices during the pandemic, are two important reasons driving the advanced analytics market

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Key Market Insights

·         As per type outlook, big data analytics segment is expected to grow the fastest in the market from 2022 to 2027.

·         The solutions segment as per component outlook is expected to be the largest segment in the market from 2022 to 2027.

·         Banking Finance Services and Insurance (BFSI) segment is expected to be the largest segment in the market from 2022 to 2027 as per vertical outlook

·         North America (the United States, Canada, and Mexico) will have a dominant share in the Global Advanced Analytics Market from 2022 to 2027.

·         IBM, Oracle, SAS Institute, SAP, FICO, KNIME, Microsoft, Altair, RapidMiner, AWS, Salesforce, Tibco Software, Alteryx, Teradata, Adobe, among others are the key players in the advanced analytics market.

Type of Components Outlook (Revenue, USD Billion, 2022 - 2027)

·         Solutions

·         Services

Business Function Outlook (Revenue, USD Billion, 2022 - 2027)

·         Marketing and Sales

·          Finance

·          Human Resource (HR)

·         Operations

·         Supply Chain

Type Outlook (Revenue, USD Billion, 2022 - 2027)

·         Big Data Analytics

·         Predictive Analytics

·         Customer Analytics

·         Statistical Analytics

·         Risk Analytics

·         Prescriptive Analytics

·         Other Types

Vertical Outlook (Revenue, USD Billion, 2022 - 2027)

·         Banking Finance Services and Insurance (BFSI)

·         IT and Telecom

·         Retail and Consumer Goods

·         Healthcare and Life Sciences

·         Transportation and Logistics

·         Government and Defense

·         Manufacturing

·         Media and Entertainment

·         Other Verticals

Regional Outlook (Revenue, USD Billion, 2022-2027)

North America                                                                                 

• The U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC

Central & South America

• Brazil
• Argentina
• Rest of CSA

Middle East & Africa

• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain

Email address: yash.jain@globalmarketestimates.com

Phone Number: +16026667238