Analytics Market 2020-2024 | Growing Complexity of Data to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Jun 1, 2020--
Technavio has been monitoring the analytics market and it is poised to grow by $109.71 bn during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Analytics Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon.com Inc., Informatica LLC, International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech international AB, Salesforce.com Inc., SAP SE, and SAS Institute Inc. are some of the major market participants. Although the growing complexity of data will offer immense growth opportunities, data privacy and security concerns will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing complexity of data has been instrumental in driving the growth of the market. However, data privacy and security concerns might hamper market growth.
Analytics Market 2020-2024 : Segmentation
Analytics Market is segmented as below:
- North America
- South America
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Analytics Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our analytics market report covers the following areas:
- Analytics Market size
- Analytics Market trends
- Analytics Market industry analysis
This study identifies the adoption of advanced analytical tools as one of the prime reasons driving the analytics market growth during the next few years.
Analytics Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Analytics Market, including some of the vendors such as Amazon.com Inc., Informatica LLC, International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech international AB, Salesforce.com Inc., SAP SE, and SAS Institute Inc. Backed with competitive intelligence and benchmarking, our research reports on the Analytics Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Analytics Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist analytics market growth during the next five years
- Estimation of the analytics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the analytics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of analytics market vendors
Table Of Contents :
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Solution
- Market segments
- Comparison by Solution
- Services - Market size and forecast 2019-2024
- Software - Market size and forecast 2019-2024
- Market opportunity by Solution
Market Segmentation by End-user
- Market segments
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Amazon.com Inc.
- Informatica LLC
- International Business Machines Corp.
- Microsoft Corp.
- MicroStrategy Inc.
- Oracle Corp.
- QlikTech international AB
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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INDUSTRY KEYWORD: COMMUNICATIONS DATA MANAGEMENT TECHNOLOGY OTHER COMMUNICATIONS SOFTWARE
SOURCE: Technavio Research
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