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Latest Report: Top 10 Analytics Technologies by MarketsandMarkets


News provided by

MarketsandMarkets

03 Feb, 2017, 11:30 GMT

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PUNE, India, February 3, 2017 /PRNewswire/ --

According to a new market research report "Top 10 Analytics Technologies (Analytics-As-A-Service, Streaming Analytics, Edge Analytics, Data Lakes, Social Media Analytics, Predictive Analytics, Security Analytics, High-Performance Data Analytics, Content Analytics, and Video Analytics)", published by MarketsandMarkets, the analytics market is expected to grow at a significant rate between 2015/2016 and 2020/2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 55 market data Tables and 59 Figures spread through 183 Pages and in-depth TOC on "Top 10 Analytics Technologies"

http://www.marketsandmarkets.com/Market-Reports/top-10-analytics-technologies-market-25097079.html
Early buyers will receive 10% customization on this report.

The growth of this market is propelled by the advent of Internet of Things (IoT) and proliferation of massive amount of data through connected devices, increasing the focus on competitive insights, need for increased business agility and scalability, and growing volume and variety of business data across industry verticals.

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.

Request for Report 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.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=25097079

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.).

Browse Related Report 

Streaming Analytics Market by Type (Solution & Services), Applications (Fraud Detection, Sales & Marketing Management, Predictive Asset Maintenance, Risk Management, Network Management, Location Intelligence, & Operations Management), Vertical, Regions - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/streaming-analytics-market-64196229.html

Analytics as a Service Market by Solution (Financial Analytics, Risk Analytics, and Customer Analytics), Services, Analytics Type (Prescriptive, Predictive), Deployment Model, Organization Size, Verticals, and Regions - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/analytics-as-a-service-market-159638048.html

Know more about our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets  

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M'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 new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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