Analytics can be described as the process of exploration, understanding, interpretation and communication of significant trends in data and is crucial for data fields which have important information.
2. Advanced Analytics Market – Forecasts from 2017 to 2022
DESCRIPTION
Analytics can be described as the process of exploration, understanding, interpretation
and communication of significant trends in data and is crucial for data fields which have
important information. Another term which is also used extensively in data
management is data analysis which is a process of finding, cleaning, transforming and
modeling of data to discover useful information on the basis of which decisions are
taken. There is a difference between two and data analytics include data analysis as a
sub-component. Analytics uses statistics, operations research and computer
programming in order to improve performance and provide information. Analytics are
of various kinds such as prescriptive analytics, store assortment, and stock-keeping unit
optimization, predictive analytics, sales force sizing and optimization and others.
Analytics can be used in many disciplines including statistics, computer sciences, and
mathematics. Another new term which is widely used in today’s time is advanced
analytics, which is the autonomous or semi-autonomous process of examining data
using sophisticated tools and techniques such as location intelligence and big data
analytics to process a particular data into information. Advanced analytics can be used
to help facilitate changes and advancements in business practices and it does not rely
on historical data but it focuses on forecasting future events and behaviors enabling the
businesses to forecast the impact of the change in strategy or industry environment.
Market Outlook
The advanced analytics market has many techniques like descriptive analytics which
tries to comprehend the underlying phenomenon or predictive analysis which analyses
the relationship between factors and outcomes and then according to that relationship.
Simulation and optimization are another solution component of advanced analytics
which mimics an operation of a process and give a precis of the outcome. Advanced
analytics strives to address the complex business needs and plays a trouble shooter for
the problems in place of an information provider. The extensive use of big data and
analytics is a key market growth driver.
Geography
3. Advanced Analytics Market – Forecasts from 2017 to 2022
The employment of advanced analytics is on the rise as the companies want to have a
winning edge over competitors and be able to predict the future trends in an efficient
way to enable them to take sound and optimum decisions. The advanced analytics
market is driven by North America region owing to a significant increase of structured
and unstructured data in the region and the need to manage it in order to derive
information out of it. This region is expected to dominate this market over next few
years. European region will also account for significant global advanced analytics
market, on account of increased demand for these analytical solutions arising from
industries such as transportation, logistics, and healthcare among others. Moreover,
significant cost reduction of different cloud deployment models has led to the increased
adoption of cloud services resulting in the requirement of efficient management of data
and thereby providing significant impetus to the market growth.
Research Methodology
Firstly, the report provides a brief introduction of the market and deals with detailed
research methodology for calculating market size and forecasts, secondary data sources
used and the primary inputs which were taken for data validation. This section also
outlines various segmentations which have been covered as part of the report.
Market Dynamics
Next, the section provides comprehensive market dynamics through an overview
section along with growth drivers, challenges, and opportunities which exist in the
current market. This section of the report also provides supplier and industry outlook;
key industry, global and regional regulations which are determining the market growth
and a brief technological aspect of Advanced Analytics solutions. Complete industry
analysis has also been covered by Porter’s five forces model as a part of this report
section.
Segmentation
Thirdly, Advanced analytics market has been segmented by type, application, and
geography as follows:
By Type
oPredictive Analytics
4. Advanced Analytics Market – Forecasts from 2017 to 2022
oStatistical Analysis
oCustomer Analytics
oMedium Big Data Analytics
oRisk Analytics
oVisual Analytics
oBusiness Analytics
oSocial Analytics
By Application
oTelecom And IT
oBanking And Finance
oGovernment & Defense
oHealthcare
oConsumer Goods And Retails
oTransportation And Logistics
By Geography
oAmericas
North America
South America
oEurope Middle East and Africa
Europe
Middle East and Africa
oAsia Pacific
Market Players
Finally, competitive intelligence section deals with major players in the market, their
market shares, growth strategies, products, financials, and recent investments among
others. Key industry players profiled as part of this section are IBM, Quest Software Inc,
SAS Institute Inc and Fair Isaac Corporation among others.
5. Advanced Analytics Market – Forecasts from 2017 to 2022
TABLE OF CONTENTS
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentations
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Porter's Five Forces
4.6. Supplier Outlook
4.7. Industry Outlook
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. Global Advanced Analytics Market Forecast by Type (US$ billion)
5.1. Predictive Analytics
5.2. Statistical Analysis
5.3. Customer Analytics
5.4. Medium Big Data Analytics
5.5. Risk Analytics
5.6. Visual Analytics
5.7. Business Analytics
5.8. Social Analytics
6. Global Advanced Analytics Market Forecast by Application (US$ billion)
6.1. Telecom And IT
6.2. Banking And Finance
6.3. Government & Defense
6.4. Healthcare
6.5. Consumer Goods And Retails
6.6. Transportation And Logistics
7. Global Advanced Analytics Market Forecast by Geography (US$ billion)
7.1. Americas
6. Advanced Analytics Market – Forecasts from 2017 to 2022
7.1.1. North America
7.1.2. South America
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.2. Middle East and Africa
7.3. Asia Pacific
8. Competitive Intelligence
8.1. Market Share of Key Players
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. Company Profiles
9.1. ANGOSS SOFTWARE CORPORATION
9.2. Microsoft
9.3. IBM
9.4. Quest Software Inc
9.5. SAS Institute. Inc
9.6. Fair Isaac Corporation.
9.7. List is not exhaustive*
7. Advanced Analytics Market – Forecasts from 2017 to 2022
TO ORDER OR REQUEST FOR A SAMPLE:
Product: Advanced Analytics Market – Forecasts from 2017 to 2022
Link:https://www.knowledge-sourcing.com/products/advanced-analytics -market-forecasts-
from-2017-to-2022
SKU: KSI0615592
Price: US$3,800 – Single User License
US$4,800 – Multi User License
US$6,800 – Enterprise License
Payment:
To pay by Credit Card, please, click “Add to Cart” button on product page and proceed with
the payment
For wire transfer, write to us at sales@knowledge-sourcing.com
For any custom requirements or queries, please visit our website or call us:
Website: www.knowledge-sourcing.com
Phone: +1-866-714-4587