Research Offers 10-Year Forecast R And D Analytics
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R and d analytics market expected to expand at a steady cagr through 2026

Research Offers 10-Year Forecast R And D Analytics

Market

November 2016

Report Id : REP-GB- 2107

Status : Ongoing

Category : Electronics, Semiconductors, and ICT

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R and d analytics market expected to expand at a steady cagr through 2026

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R and d analytics market expected to expand at a steady cagr through 2026

Research Methodology (1/2)

Systematic Research Approach

1

In-depth secondary research is used to

ascertain overall market size, top

industry players, top products, industry

associations, etc.

Research &

Intelligence

Data

Collection

Data Filter

& Analysis

Actionable

Insights

Business

Solution

Market profiling

2

PMR formulates a detailed discussion

guide to conduct expert and industry

interviews

Identifying key opinion leaders

Questionnaire design

In-depth interviews

Coverage across value chain

Formulating discussion guide

3

A

PMR develops a list of industry players

(manufacturers), distributors, retailers

and industry experts

Primary

Research

Key industry experts

Channel study

Developments

Market dynamics

Products

Conclusions

Developing list of respondents

B

4

PMR conducts interviews with industry

experts, industry players, distributors

and retailers

SOLUTION

Desk

Research

Data collection

Market participants

Key strengths

Product portfolio

Mapping as per value chain

Key focus segments

C

Company

Analysis

Data is validated by triangulation

method, wherein secondary, primary

and PMR analysis contribute to the final

data

5

Data validation

6

Data is scrutinized using MS-Excel to

obtain qualitative and quantitative

insights about the industry

Data analysis

Primary Research#

Secondary Research #

Paid Publications#

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Zoominfo

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Avention

Company websites

Company annual

reports

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Financial reports

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GBI

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information in the required format

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R and d analytics market expected to expand at a steady cagr through 2026

Global R And D Analytics Market

Research Offers 10-Year Forecast R And D Analytics Market

Revenue growth for any institution depends on the investment made in R&D. In R&D organizations there is a

need to take several vital decisions with regards to allocations of funds, monitor the recent technology

trends and assess the risks and also manage talent. Much of these are done through experience, the

expertise of the organization which is more of an art than science which they have devised their own

methods. For short-term projects, these methods might be beneficial but for long term R&D projects

adoption of analytics has to be done in industries as there is a need to take decisions regarding what

products to develop, competition landscape, intellectual property, patent data, market segmentation etc.

The use of analytics in R&D can increase revenue and lower cost, improve accuracy, save time and meet

customer’s ever increasing demand. There is a large volume of unstructured or unorganized data in this

complex business environment, so there is need to optimize this data using analytics in order to improve

their return on investment in R&D.

Market drivers & challenges:

There is a large increase in the amount of data and there is a need to effectively manage the database with

appropriate tools for converting them to valuable and structured data for accelerating the growth the R&D

organizations. There is a need to take decisions regarding what products to develop, customer behavior,

competition landscape, intellectual property, patent data, spending and revenue return analysis. Large

organizations are finding it difficult to analyze this large sets of unstructured data, so here is advanced R&D

analytics tools come in to extract the relevant and appropriate information. Data being stored is growing

exponentially everywhere in many formats which need to be organized and utilized appropriately.

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R and d analytics market expected to expand at a steady cagr through 2026

Global R And D Analytics Market

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Data security and privacy concerns are major challenges faced in R&D analytics market. Another

challenge was with nomenclature followed by different companies in their data as several standards are

designed by themselves internal of organization or by respective government regulations.

Global R&D Analytics Market: Segmentation

Global R&D analytics market is classified into end-user, Size of enterprise, and region. On the basis of the

end user, the global R&D analytics market is segmented into Pharmaceuticals, Life sciences, and Clinical

Research, Automobile, Aerospace & Defense and others. On basis of size of enterprise global R&D

analytics market can be segmented to Large, Medium and Small enterprises. On basis of region global

R&D analytics market is segmented into North America, Latin America, Eastern Europe, Western Europe,

Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

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Market Overview:

R&D analytics market is expected to witness a high growth rate during the projected period due to

increasing popularity of the use of these solutions in all major industries. North America is dominant in

R&D analytics market and followed by Western Europe during the period. Asia-Pacific region is expected

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R and d analytics market expected to expand at a steady cagr through 2026

Global R And D Analytics Market

to grow at a faster rate during the forecast period.

Key Market Players:

Key players in R&D analytics market are Teradata, Oracle Corporation, IBM Corporation, SAS Institute

Inc., Tableau Software Inc., Microsoft Corporation, Sisense Inc., SAP SE, and TARGIT. Major players in

the R&D analytics market follow the strategy of partnership or acquisition of various local players to

gain a competitive edge in the market.

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R and d analytics market expected to expand at a steady cagr through 2026

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