Business Analytics Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Business Analytics Market is accounted for $52,645.43 million in 2017 and is expected to reach $ 1, 34,857.72 million by 2026 growing at a CAGR of 11.0% from 2017 to 2026.

Increasing cloud-based deployment, huge volume of data and change in business environment are some of the key factors propelling the market growth. However, factors such as high implementation cost and disinclination in acceptance of business analytics are hindering the market growth.

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Business analytics software helps in understanding and analysis of business data through constant study and investigation of historical business performance to expand decisive insights for business planning. Through the application of statistical methods and tools in business performance data, business analytics software performs predictive analysis to derive decision making insights and inputs.

By Software, content analytics is estimated to have a significant growth in the market during the forecast period owing to increasing demand for real-time data analytics and rising social networking data. Content analytics is the work of concerning business intelligence (BI) and business analytics (BA) practices to digital content. Based on Geography, North America is leading the market due to the development and implementation of new technologies, increasing influence of internet on sales of industrial goods.

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Some of the key players in the Business Analytics market are IBM, SAP SE, Microsoft Corporation, Oracle Corporation, SAS Institute, Inc., Tableau Software, Inc, Microstrategy Incorporated, QLIK Technologies, Inc., Tibco Software, INFOR, Teradata Corporation, Adobe Systems, Inc. and PanTerra Networks, Inc.

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Deployment Types Covered:
• On-Premise
• Cloud

Softwares Covered:
• Advanced and Predictive Analytics
• Content Analytics
• Query Reporting and Analysis Tools
• Enterprise Performance Management
• Location Intelligence
• Data Warehousing Platform
User Types Covered:
• Enterprises
• SMBS

Services Covered:
• Professional Services
• Managed Services

End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Telecom and IT
• Government
• Energy and Power
• Media and Entertainment
• Healthcare
• Retail
• Education
• Manufacturing
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- 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

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About Stratistics MRC
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Release ID: 396562

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Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
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