Big Data Analytics in BFSI Market Company Profiles, Launches, & Forecast by 2030

1. Big Data Analytics in BFSI Market Size Worth USD 86.68 Billion by 2027 www.emergenresearch.com Increasing focus on improving customer services and growing demand for early fraud detection in the BFSI sector is driving big data analytics in BFSI market growth. . 2

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5. Market Summary The global big data analytics in BFSI market size is expected to reach USD 86.68 Billion in 2027 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing focus to improve customer lifecycle in the BFSI industry, growing demand for early fraud detection in the BFSI industry, rising data volume generated by the capital market due to trading and transactions is resulting in high demand for big data analytics solutions. These factors are expected to continue to boost growth of the global big data analytics in BFSI market over the forecast period. However, data safety issues related to big data analytics solutions are associated risks and concerns are factors expected to restrain growth of the global big data analytics in BFSI market to some extent during the forecast period. Read More : https://www.emergenresearch.com/industry-report/big-data-analytics-in-bfsi-market www.emergenresearch.com

6. Market Summary Some Key Highlights of Report Increasing adoption of descriptive analytics across insurance companies to extract business information in order to boost business growth while facilitating better service to customers is a key factor expected to drive revenue growth of the descriptive analytics segment during the forecast period. Rising adoption of cloud technology by end-users such as banks and insurance service providers is expected to continue to support revenue growth of the cloud-based delivery segment during the forecast period. Increasing incidence of fraudulent healthcare insurance claims and increasing need for more effective solutions to prevent payer losses is a key factor expected to support revenue growth of the fraud detection segment during the forecast period. Growing deployment of big data analytics in the insurance sector is driving growth of the insurance company segment, and this trend is expected to continue over the forecast period. Key market players include SAP SE, Oracle Corporation, Accenture plc, AlteryxInc, International Business Machines Corporation, BigPanda, Inc., Nimbix, Inc., Gainsight, Inc., Fractal Analytics Inc., and Salesforce.com, Inc. Request Free Sample @ https://www.emergenresearch.com/request-sample/536 www.emergenresearch.com

7. Market Summary Emergen Research has segmented the global big data analytics in BFSI market on the basis of type, delivery, application, end-use, and region. Type Outlook (Revenue, USD Billion; 2020–2027) Descriptive Analytics Diagnostic Analytics Predictive Analytics Prescriptive Analytics Delivery Outlook (Revenue, USD Billion; 2020–2027) Cloud-based On-premises Application Outlook (Revenue, USD Billion; 2020–2027) Customer Relationship Management (CRM) Fraud Detection Risk Management Operation Optimization Customer Analytics Request customization @ https://www.emergenresearch.com/request-for-customization/536

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9. Regional Share Dynamics www.emergenresearch.com

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