Global Embedded Analytics Market 2016 - Forecasts to 2021 by Dashboards and Data Visualization, Self-Service, Benchmarking & Reporting - Research and Markets
DUBLIN, September 19, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Embedded Analytics Market - Global Forecast to 2021" report to their offering.
The global embedded analytics market size is estimated to grow from USD 24.46 billion in 2016 to USD 46.19 billion by 2021 at a Compound Annual Growth Rate (CAGR) of 13.6%
There has been exponential growth of data from multiple sources such as network equipment, mobile phones, personal computers, and others. This data is managed and utilized to gain quick and actionable insights, which have leveraged the demand of embedded analytics applications. Enterprises are harnessing the power of analytics in making real-time decisions, improving the quality and increased profitability of the organization.
Dashboards and data visualization market by analytical tool is estimated to hold the largest market share during the forecast period. This analytical tool is being used widely in various verticals to provide real-time insights (snapshots) to business analysts about the current status of the metrics and the key performance indicators for the enterprise.
The tool provides comprehensive capabilities in facilitating enterprises to take quick actionable decisions. For example, it has been observed that, globally the data production across various verticals reached 5.6 zettabytes in 2015. In order to get the real-time insights out of this huge amount of data, organizations are looking for dashboards and data visualization analytical tools to get the ability to decipher and act on it swiftly.
The embedded analytics ecosystem comprises the following major vendors:
- Microsoft Corporation (U.S.)
- IBM Corporation (U.S.)
- SAP SE (Germany)
- OpenText Corporation (Canada)
- Microstrategy Incorporation (U.S.)
- Logi Analytics (U.S.)
- Sisense Inc. (U.S.)
- Birst Inc. (U.S.)
- Information Builders (U.S.)
- TIBCO Software Inc. (U.S.)
- Qlik (U.S.)
Scope of the Report
By Analytical Tools
- Dashboards and data visualization
- Self-service
- Benchmarking
- Reporting
By Business Application
- Marketing
- Sales
- Operations
- Finance
- Human Resources (HR)
- By Deployment Model
- On-Premises
- On-Cloud
- By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- IT and telecommunication
- Manufacturing
- Government and defense
- Healthcare and life sciences
- Retail and consumer goods
- Media and entertainment
- Energy and utility
- Transportation
- Academia and research
For more information about this report visit http://www.researchandmarkets.com/research/b66dgp/embedded
Related Topics: Information Management
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