Explore the Top 10 Analytics Technologies Market by Technology - 2021
Top 10 analytics technologies market categorizes the global market by technology as analytics-as-a-service, streaming analytics, edge analytics, data lakes, social media analytics, predictive analytics, security analytics, high-performance data analytics
(EMAILWIRE.COM, May 08, 2017 ) High-performance data analytics expected to be the top analytics technology and likely to hold the largest share of the market during the forecast period
The high-performance data analytics market is expected to have the largest market size of USD 25.71 Billion in 2016 and to grow at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. High-Performance Computing (HPC) and big data analytics together can be applied to extract actionable insights out of large amounts of data with higher resolutions and at faster speed. This has provided better benefits to various enterprises to access data in real time. Enterprises are embracing High-Performance Data Analytics (HPDA) technologies, as they provide advanced ways to analyze data at an optimized cost. The market for high-performance data analytics is growing owing to the proliferation of open-source frameworks for big data analytics and the ability of powerful HPC systems to process data at higher resolutions. Among verticals, Banking, Financial Services, and Insurance (BFSI) is expected to hold the largest market share in 2016 and the healthcare and life science industry is expected to have a significant growth rate during the forecast period. This is due to the fact that the healthcare and life sciences vertical is undergoing rampant transformation and advanced research, which is churning out massive amounts of data.
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Market for analytics as a service expected to grow at the highest rate between 2016 and 2021
The market for analytics as a service is expected to grow at the highest rate in the top 10 analytics technologies market, which is expected to have the market size of USD 4.76 Billion in 2016 and to grow at a CAGR of 37.6% during the forecast period. Organizations deploy analytical solutions to extract actionable insights out of enormous amounts of data. The cloud-based analytical solutions have gained traction due to their scalability and cost effectiveness. Owing to their low infrastructural cost and the ability to provide easy access to data, the cloud-based analytical solutions have gained popularity among various organizations. The analytics as a service market is expected to be the next big thing in a few years. The analytics as a service market is also been segmented on the basis of solutions and services. The analytics as a service solutions are financial analytics, risk analytics, customer analytics, marketing analytics, sales analytics, web & social analytics, supply chain analytics, and network analytics. Among these solutions, financial analytics is expected to hold the largest market share in 2016.
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The key analytics vendors in the market for top 10 analytics technologies include IBM Corporation (U.S.), Oracle Corporation (U.S.), SAS Institute (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Dell Technologies, Inc. (U.S.), Cisco Systems (U.S.), Hewlett-Packard Enterprise (U.S.), GoodData Corporation (U.S.), and Informatica Corporation (U.S.).
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
The high-performance data analytics market is expected to have the largest market size of USD 25.71 Billion in 2016 and to grow at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. High-Performance Computing (HPC) and big data analytics together can be applied to extract actionable insights out of large amounts of data with higher resolutions and at faster speed. This has provided better benefits to various enterprises to access data in real time. Enterprises are embracing High-Performance Data Analytics (HPDA) technologies, as they provide advanced ways to analyze data at an optimized cost. The market for high-performance data analytics is growing owing to the proliferation of open-source frameworks for big data analytics and the ability of powerful HPC systems to process data at higher resolutions. Among verticals, Banking, Financial Services, and Insurance (BFSI) is expected to hold the largest market share in 2016 and the healthcare and life science industry is expected to have a significant growth rate during the forecast period. This is due to the fact that the healthcare and life sciences vertical is undergoing rampant transformation and advanced research, which is churning out massive amounts of data.
Download PDF Brochure- http://www.marketsandmarkets.com/pdfdownload.asp?id=25097079
Market for analytics as a service expected to grow at the highest rate between 2016 and 2021
The market for analytics as a service is expected to grow at the highest rate in the top 10 analytics technologies market, which is expected to have the market size of USD 4.76 Billion in 2016 and to grow at a CAGR of 37.6% during the forecast period. Organizations deploy analytical solutions to extract actionable insights out of enormous amounts of data. The cloud-based analytical solutions have gained traction due to their scalability and cost effectiveness. Owing to their low infrastructural cost and the ability to provide easy access to data, the cloud-based analytical solutions have gained popularity among various organizations. The analytics as a service market is expected to be the next big thing in a few years. The analytics as a service market is also been segmented on the basis of solutions and services. The analytics as a service solutions are financial analytics, risk analytics, customer analytics, marketing analytics, sales analytics, web & social analytics, supply chain analytics, and network analytics. Among these solutions, financial analytics is expected to hold the largest market share in 2016.
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The key analytics vendors in the market for top 10 analytics technologies include IBM Corporation (U.S.), Oracle Corporation (U.S.), SAS Institute (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Dell Technologies, Inc. (U.S.), Cisco Systems (U.S.), Hewlett-Packard Enterprise (U.S.), GoodData Corporation (U.S.), and Informatica Corporation (U.S.).
For More Info - http://www.marketsandmarkets.com/Market-Reports/top-10-analytics-technologies-market-25097079.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Mr. Rohan
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results