Cloud Analytics Market Worth $23.1 Billion by 2020

DALLAS, July 15, 2015 /PRNewswire/ --

According to a new market research report, "Cloud Analytics Market by Type (Cloud Bi Tools, Hosted Data Warehouse Solutions, CEP, EIM, EPM, GGR, Analytics Solutions) - Worldwide Forecast and Analysis to 2015 - 2020", published by MarketsandMarkets, The Cloud Analytics Market is expected to grow from $7.5 Billion in 2015 to $23.1 Billion in 2020 at a CAGR of 25.1% during the forecast period.

Browse 68 market data Tables and 38 Figures spread through 168 Pages and in-depth TOC on "Cloud Analytics Market"

http://www.marketsandmarkets.com/Market-Reports/cloud-based-business-analytics-market-959.html

Early buyers will receive 10% customization on this report. 

The market report defines and divides the Cloud Analytics Market into various segments with an in-depth analysis and estimation of market size. This research report also identifies the factors driving this market, various restraints, challenges, and opportunities impacting it along with the future roadmaps. Additionally, the report emphasizes on the key adoption trends, evolution of cloud-based analytics, attractive market opportunities, and business cases in this market. MarketsandMarkets expects a significant growth trend of cloud analytics services in various industries as there is a massive rise in big data.

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The Cloud Analytics Market is broadly segmented by solution: cloud BI tools,  hosted data warehouse solutions, complex event processing, enterprise information management, enterprise performance management, governance risk and compliance, and analytics solutions; by deployment model: public cloud, private cloud, hybrid cloud, and community cloud; by type of organization size: small and medium sized; by vertical: Banking, Financial Services and Insurance (BFSI),  healthcare and life sciences, retail and consumer goods, research and education, high tech and electronics, media and entertainment, government, and other verticals;  and by region: North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA).

There are a few assumptions that have been taken into consideration for the market sizing and forecasting exercise of the cloud analytics market. These global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rate of impact on this market. Thus, the dollar fluctuations are also assumed to not affect the market forecast to a significant extent. Also, the market size for hardware-related tools and equipment used in the Cloud Analytics Market is not taken into consideration during the overall sizing of the cloud analytics market.

The Cloud Analytics Market is expected to grow from $7.5 Billion in 2015 to $23.1 Billion in 2020 at a CAGR of 25.1% during the forecast period.

The market research report will help the market leaders/new entrants in this market in the following ways:

• This report segments the market into cloud analytics solutions covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub segments. The market numbers are further split across different regions.
• This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisitions, and venture capital funding. Besides, there are company profiles of the top 10 players in this market.

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