Market Highlights
While 2020 is being an extremely eventful year for data analytics due to COVID 19, the market is showing some positive instincts, when studied by Market Research Future. As per it, the global software analytics market has the potential to show immense growth, which is recorded at a rate of 10%. Still, it can reach to achieve a valuation of USD 11.5 Billion by 2023. The growth period has been estimated from the years of 2017 and 2023.
Various factors are propelling the global software analytics market share. According to the recent MRFR market estimates, such factors include the widespread use of data analytics that uses artificial intelligence and machine learning solution, the need for reliable data analytics expertise and implementations, and the rise in cloud computing traffic. Additional factors adding market growth include fast-growing mobile data traffic, the rapid development of technologies like the internet of things & artificial intelligence, need for data science across all industries, demand to establish a strong digital existence, rise in spending for data science solutions, presence of digital talent in the industry, and successful implementation which companies understand the tremendous impact insights have on the organizational performance.
On the contrary, the impact of the COVID-19 pandemic may deter the global software analytics market growth over the forecast period.
Segmentation:
The study by MRFR also digs some segmentation of the global software analytics industry, which has been done through the solution, service, deployment, organization size, and vertical.
By the segment of service, the global software analytics market has included professional service, support, and maintenance service.
By the segment of deployment, the software analytics market has included cloud and on-premise.
By the segment of vertical, the global software analytics market has included healthcare, IT & telecommunication, BFSI, and retail.
Regional Analysis
By region, the software analytics market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. Consolidation of major players is adding to the global software analytics market growth in the region. Canada and the US have the utmost share in the market.
In Europe, the software analytics market is predicted to have the second-largest share over the forecast period. Increasing deployment of software coupled with mounting competition amid business enterprises are adding to the global software analytics market growth in the region.
In the APAC region, the software analytics market is predicted to have healthy growth over the forecast period. Expansion and development activities by key industry players, rising investments in software analytical tools, and expansion of the business sector are adding to the global software analytics market growth in the region.
In the Rest of the World, the software analytics market is predicted to have sound growth over the forecast period.
Key Players
Prominent players profiled in the software analytics market report include Informatica (U.S.), Microstrategy, Inc. (U.S.), Teradata Corporation (U.S.), Microsoft Corporation, Qlik (U.S.), Tableau Software (U.S.), Oracle Corporation (U.S.), International Business Machine (U.S.), SAS Institute (U.S.), and SAP SE (Germany). Industry leaders have incorporated several strategies to stay at the forefront and also cater to the burgeoning needs of the customers, such as acquisitions and mergers, partnerships and collaborations, joint ventures, geographic expansions, contracts, strategic alliances, extensive research and development activities, new product development and new product launches, among others.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/software-analytics-market-4270
Market Analysis The artificial intelligence in supply chain market is predicted to touch USD 3-4 billion at a whopping 37% CAGR between 2020- 2027, states the recent Market Research Future (MRFR) analysis.
The use of AI in the supply chain is enabling companies to automate decision making, offer better human resource utilization, improve efficiencies, improve supply chain management productivity, & helps to engage with customers in the digital world.
Various factors are propelling the global artificial intelligence in supply chain market share.
On the contrary, lack of infrastructure, high procurement operating price, shortage of artificial intelligence technology experts, and the ongoing COVID-19 impact are factors that may impede the global artificial intelligence in supply chain market growth in the region.
By application, the global artificial intelligence in supply chain market is segmented into risk management, supplier relationship management, logistics and shipping, supply chain planning, warehouse management, fleet management, and others.
Of these, the retail sector will have a major share in the market over the forecast period.
Market Analysis The Global Automotive Software Market Size will develop at a healthy 20% CAGR between the forecast period 2018- 2023, as per the new Market Research Future (MRFR) analysis.
Automotive software, simply put, is a collected programmable data instruction utilized to perform operations of computer-based in-vehicle applications.Various factors are fuelling the global automotive software market share.
According to the recent MRFR market estimates, such factors include rising adoption of ADAS features in cars, growing adoption of connected car services, the intervention of innovative technologies for advanced UI, compliance towards fuel efficiency standards, adoption of electronics-based driving comfort, government safety mandates, growing demand for passenger safety, stringent government regulations associated with vehicle safety, the collaboration of government authorities with automotive software developers, rising internet penetration, and rapid adoption of IoT.
Besides, the potential of 5G and artificial intelligence, data monetization, vehicle software development, digital vehicle inspection, and growing developments in autonomous and semi-autonomous driving cars are also adding market growth.On the contrary, lack of connected infrastructure, lack of standard protocols to develop software platforms, cybersecurity threats, consolidation of ECUs, troubleshooting and maintenance of automotive software, lack of connected infrastructure, and the ongoing COVID-19 outbreak are factors that may deter the global automotive software development market growth over the forecast period.Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-software-market-7238Market Segmentation The MRFR report highlights an inclusive segmental analysis of the global Automotive Software Market based on propulsion, vehicle type, system, and solutions.By system, the global automotive software market is segmented into telematics system, communication system, infotainment systems, powertrain systems, body control and comfort systems, and ADAS and safety systems.
Of these, the ADAS and safety systems will lead the market over the forecast period.By vehicle type, the global automotive software market is segmented into commercial vehicle and passenger car.
Of these, the electric vehicle will spearhead the market over the forecast period.Regional Analysis By region, the global automotive software market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW).
Market AnalysisThe global green building market is predicted to develop at a 10.26% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis.
As per the current MRFR report, such factors include the rising environmental concerns, strict government regulations, demand in the industrial sector for its low maintenance and operational costs, growing need for energy-efficient technologies, and rising preference in commercial & residential buildings.Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/4982Market SegmentationBy products, the global green building market is segmented into exterior and interior products.
Of these, the exterior products segment will lead the market over the forecast period for its increasing use in the construction sector owing to its excellent properties such as low maintenance, low operation cost, energy efficiency, durability, & no waste reduction in comparison to traditional construction methods.By application, the global green building market is segmented into non-residential and residential.
Of these, the residential segment will dominate the market over the forecast period for the growing concerns about the rising energy prices, accelerating climate change, storm water runoff polluting rivers and lakes, and the negative effect on the health of traditional building materials.Regional AnalysisBased on the region, the global green building market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Middle East and Africa (MEA).
Of these, North America will dominate the market over the forecast period.
Rising environmental awareness, technological superiority, high-quality construction, low environmental impact, the need to make healthy indoors with less pollution, and growing demand for sustainable materials in construction are adding to the global green building market growth in the region.
Online Meeting Software IndustryThe global online meeting software market can potentially reach a valuation of USD 6.23 billion by 2024, says Market Research Future (MRFR).
The market can expand at a rate of 11.1% during the forecast period (2019–2024).FREE PDF@ https://www.marketresearchfuture.com/sample_request/8297Top Drivers and Key Barriers Online meeting software is used to conduct virtual meetings like web conferencing and webinars.
Online meeting software offers a host of benefits such as allowing the participants to record the session and connecting people over the Internet, enabling them to share information as well as other purposes.
Likewise, this software facilitates a connection between geographically dispersed people within an organization, in addition to increasing work productivity, given the reduced travel cost.
The global online meeting software market has picked up immense speed in recent years, due to increasing digitalization as well as urbanization, which has boosted the adoption of online meeting software among organizations across the globe.
A number of renowned players are striving to innovate and invest in research and development (R) to provide their clients with a cost-effective product portfolio.
Desktop Hypervisor Market AnalysisThe global desktop hypervisor market size is predicted to touch USD 32.9 billion at a 22% CAGR between 2017- 2023 states the recent Market Research Future (MRFR) analysis.
Desktop hypervisor, simply put, is a form of software which, when directly installed to the hardware of the computer, simplifies various operational facets of multiple operating systems.
It is widely used in retail, education, automotive, BFSI, healthcare, government, and other sectors.
As per the current MRFR report, such factors include escalating ICT expenditure worldwide, booming consumer electronics industry, growing dependence on various software-enabled technologies, rising focus on the progress of new products, high competition among leading players, increasing digitalization of processes, and growing need for data security.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/4246On the contrary, various growth prospects, computational cost, infrastructure constraints, and the COVID-19 impact are factors that may limit the global desktop hypervisor market growth over the forecast period.
Of these, the virtual desktop infrastructure segment will lead the market over the forecast period for new software licenses and a decreased cost of ownership.Check Discount @ https://www.marketresearchfuture.com/check-discount/4246By organization size, the global desktop hypervisor market is segmented into large enterprises and small & medium enterprises (SMEs).
Change is constant- this sentence holds for market trends and the customer’s priorities.
Therefore, businesses have to bring changes in the way of treating their customers and employees along with their workflow.
This approach acts as a cradle for digital transformation roi across the corporate world.
Though digital transformation is a necessity for modern businesses, it poses many challenges.
Let us start with some shockingly surprising facts that indicate the importance of the successful integration of digital transformation solutions.A recent survey by Everest Group has revealed that 73% of enterprises have failed in generating any value from their digital transformation initiative.
Therefore, it is necessary for entrepreneurs to focus on enterprise digital transformation.
