Advanced Analytics Market Size & Share, by Type (Big Data Analytics, Business Analytics, Customer Analytics, Risk Analytics, Statistical Analytics); Deployment Type (On-Premise, Cloud); Application (BFSI, IT & Telecom, Healthcare, Government & Defense, Transportation, Retail) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5008
  • Published Date: Jun 12, 2023
  • Report Format: PDF, PPT

Top Featured Companies Dominating the Global Advanced Analytics Landscape

    • Altair Engineering, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Fair Isaac Corporation (FICO)
    • International Business Machines Corporation
    • KNIME
    • Microsoft Corporation
    • Oracle Corporation
    • RapidMiner, Inc.
    • SAP SE
    • SAS Institute Inc.
    • Trianz

Browse Key Market Insights with Data Illustration:


In The News

  • IBM announced the launch of their newest software IBM Business Analytics Software. This software helps businesses dismantle large amounts of data and decode business insights without any possible disruptions. The software provides intelligent planning, forecasting, and reporting for improving business efficiency.
  • SAS announced a collaboration with the Monetary Authority of Singapore to implement and use the Veritas toolkit in order to integrate AI advanced solutions in the financial sectors. This helps in optimizing workflow automation and capabilities.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 5008
  • Published Date: Jun 12, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing digitization, digital production, and increased adoption of advanced analytics solutions in end-user verticals are the major factors driving the market growth.

The market size of advanced analytics is anticipated to attain a CAGR of ~24.60% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Altair Engineering, Inc., Fair Isaac Corporation (FICO), International Business Machines Corporation, KNIME, Microsoft Corporation, Oracle Corporation, RapidMiner, Inc., SAP SE, SAS Institute Inc., and Trianz.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, deployment, application, and by region.

The BFSI segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Lack of advanced analytics awareness in the workforce and the high procurement costs are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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