1 / 3

Cloud Analytics Market Estimated To Record Highest Cagr By 2026

Cloud Analytics Market Estimated To Record Highest Cagr By 2026<br>

technoworld
Download Presentation

Cloud Analytics Market Estimated To Record Highest Cagr By 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cloud Analytics Market Estimated To Record Highest Cagr By 2026 Cloud Analytics Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players. Cloud analytics is a primarily a cloud-enabled service model in which data analysis is actually performed on a public or private cloud. The benefts associated with cloud analytics such as increasing accessibility, highly afordability, and data consolidation helps create a real-time mode for efcient data management. Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/cloud-analytics-market- 1408 Additionally, high adoption of cloud services also increases the cloud analytics market, globally. According to the Coherent Market Insights analysis, in 2015, the cloud trafc was 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020. Increasing demand of unstructured data in various organization accelerated the growth of the cloud analytics market. The rising demand of insights from unstructured data to understand customer and market trends is one of the major driver for the growth of the cloud analytics market. The companies understand the real insights of the market that is present on social media websites in the form of comments, posts, tweets, photos, and many more. This helps companies to understand the

  2. insights regarding customer experience, product description and many more that will help them in gaining the competitive advantage. According to International Data Group reveals that unstructured data is growing at the rate of 62 percent per year, and that by 2022, 93 percent of all data will be unstructured. Thus, as amount of unstructured data increases, it will positively impact on increasing the demand of cloud based data storage and cloud analytics tools. Therefore, unstructured data will help in propelling the growth of the market. Data security is one of the key challenge that will hampering the growth of the market Data security has consistently been a major issue in the cloud computing environment. As the data is located in diferent places even in all the globe. Data security issues that occurs in the cloud are system vulnerabilities, data breaches, fraudulent use of cloud services and etc. Therefore, security issues associated with cloud services is one of the key challenges that hamper the growth of the market. Global Cloud Analytics Market: Regional Insights The North America held a dominant position in the global cloud analytics market in 2016. Organisation shifting their workload in the cloud is one of the major driving factor for the growth of the market. According to the Coherent Market Insights analysis, in 2015, the cloud trafc was 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020. Therefore, with increase in cloud trafc requirement of analytics tools for analysing will directly propel the growth of the cloud analytics market. Moreover, due to the presence of leading players such as IBM Corporation, Google, Oracle Corporation also help in uplifting the cloud analytics market in this particular region. Global Cloud Analytics Market: Competitive Background Some of the dominant players operating in cloud analytics market include IBM Corporation, Oracle Corporation, Google, Vmware Inc., Tibco Software, Teradata, Tableau Software, Sas Institute Inc., SAP, Rackspace, Qlik Tchnologies Inc., Pivotlink, Panorama Software,, Microsoft Corporation. For instance, 2017, IBM Corporation integrate with Integrated Analytics System, a new unifed data system designed to give users fast, easy access to advanced data science capabilities and the ability to work with their data across private, public or hybrid cloud environments.

  3. Ask for Discount before Buying @: https://www.coherentmarketinsights.com/insight/request-discount/1408 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting frm ofering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

More Related