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Business Analytics Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2023

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Shweta Raj
Business Analytics Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2023

Global Business Analytics Market Research Report, By Software (Predictive Analytics, Content Analytics, Data Discovery and Visualization Software), Industry (BFSI, Education, Government), Organisation size (Large-Scale Enterprise) — Forecast till 2023

Market Highlights

Business analytics tools, much like advanced and predictive analysis, are currently trending in the market. The growing need for data visualization and discovery due to the increasing amount of digital data is driving the growth of business analytics market. Growing adoption of smartphones and increase in the amount of time spent on smartphones by consumers has led to generation of valuable user data for businesses to benefit from.

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Industry news

September 2018, Qlik announced the release of Qlik core — the company’s platform for building new classes of data-driven applications, leveraging the Qlik Associative Engine. The product features include a complete set of APIs, open source libraries, increased flexibility, and built-in support for Amazon Web Services among others.

Key Players

Cloudability, Inc.(US), Densify, Inc.(Canada), EXPONEA (UK), Google LLC (US), International Business Machines Corporation (IBM) (US), Mixpanel, Inc. (US), PanTerra Networks, Inc. (US), SAP SE (Germany), SAS Institute, Inc. (US), Tableau Software, Inc. (US), Teradata Corporation (US), INFOR (US), Microstrategy Incorporated (US), Oracle Corporation (US), Adobe Systems Incorporated (US), Salesforce.com (US), Qlik Technologies, Inc. (US), Microsoft Corporation (US), Tibco Software (US), Fair Isaac Corporation (US), JDA Software Group, Inc. (US) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global business analytics market.

Regional Analysis

The regional analysis of the global business analytics market is done for North America, Europe, Asia-Pacific, and RoW.

North America is expected to dominate the business analytics market during the forecast period. The growing technological advancement and increase in amount of digital data generated by tech giants in countries like the US is driving the growth of the business analytics market in this region. Additionally, the growing need for risk management software by multiple businesses is contributing to the market growth.

Europe is expected to contribute significantly to the growth of business analytics market during the forecast period. The increasing need for customer retention and service improvement based on the user data is driving the growth of this market in the region. Some of the key players are located in Europe which is set to boost the business analytics market in this region.

Asia-Pacific is expected to grow significantly in the business analytics market during the forecast period. The growing adoption of smartphones and electronics devices in countries like China and India is driving the growth of the business analytics market in this region.

Latin America and the Middle East are expected to grow significantly in the business analytics market during the forecast period. The need of functionalities like workforce management, risk management and customer acquisition and retention provided by business analytics software is driving the growth of business analytics market in this region.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/business-analytics-market-6698

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Market Research Future

Phone: +1646 845 9312

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