Analytics as a Service Market Size, Share, Growth & Forecast 2020

1. Analytics as a Service Market Size by Analytics Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics, and Diagnostic Analytics), Application (Finance, Marketing, Security, Supply Chain, IT Operations, and Others), Organization Size (Large Organizations and Small & Medium Organizations), and Region, Global Forecast, 2018 to 2025 Single Use License: US$ 4400 Request Sample

2. Analytics as a Service Market Size and Share 2025 • The global analytics as a service market size is anticipated to reach over USD 15 billion by 2025. Besides, it is expected to gather a CAGR of nearly 28% during the forecast period 2020-2025. Analytics is a procedure for converting raw data into insightful information. Businesses worldwide are leveraging analytics to gain a competitive advantage in a dynamically changing environment. Analytics has wide applications across various industries. For example, with the help of analytics services weather industry can predict forecast accurately. On the other hand, retailers can leverage analytics to gain a customer as well as product insights. • The existing and future analytics as a service market developments are defined to determine the attractiveness of the market. Key impacting factors highlight the analytics as a service market opportunities throughout the forecast period. Factors such as the increasing need for cost-effective analytics solutions. Also, the growth in the adoption of social media applications is the key factor in boosting global analytics as a service market growth. Moreover, the growing need for advanced technologies to initiate high workloads through the cloud is also fuelling the demand for analytics services. However, the rising data security and privacy concerns are expected to hamper the market growth. Furthermore, the increasing demand for machine-generated data among enterprises is anticipated to generate major opportunities for the market in the upcoming years.

3. Analytics as a Service Market Size and Share 2025 • The report also highlights numerous aspects of global analytics as a service industry by evaluating the market through value chain analysis. Besides, the analytics as a service market report covers various qualitative aspects of the analytics as a service industry in market drivers, restraints, and key industry opportunities. Furthermore, the report offers a complete assessment of the market competitiveness along with the company profiling of domestic as well as global vendors. • The analytics as a service market has strong competition among the pre-established and new emerging players. Also, the analytics as a service industry players are targeting prospective markets to capture a competitive advantage over the other industry players by forming agreements, mergers & acquisitions, acquiring new startups & other companies, forming collaboration and partnerships, and expanding their business presence. • Based on the application, the market is segmented into finance, marketing, security, supply chain, IT operations, and others. The marketing segment is expected to gather the highest CAGR during the forecast period. The major reason behind the growth of this segment is the increasing need to analyze the marketing activities and trends in the global market. On the contrary, the finance segment is expected to hold the major market share throughout the forecast period.

4. Analytics as a Service Market Size and Share 2025 • Analytics type Overview, 2018-2025 (USD Billion) • Predictive analytics • Prescriptive analytics • Descriptive Analytics • Diagnostic Analytics • Application Overview, 2018-2025 (USD Billion) • Finance • Marketing • Security • Supply chain • IT operations • Others • Organization size Overview, 2018-2025 (USD Billion) • Large organizations • Small & Medium Organizations

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