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New Comprehensive Report on Cloud Analytics Market to Witness an Outstanding Growth during 2013– 2019

Photo of tmr tmrFebruary 24, 2021
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Cloud Analytics Market
Cloud analytics has evolved from the diffusion of data analytics and cloud computing technologies. Cloud analytics is used in large, medium as well as small enterprises. Recently cloud analytics market has observed a significant growth. Cloud analytics solutions can be delivered through four delivery models, public cloud, private cloud, hybrid cloud, and community cloud.
On the basis of solutions the cloud analytics market can be categorized into seven segments including hosted data warehouse solutions, cloud business intelligence tools, analytics solutions, governance, risk and compliance, enterprise performance management, enterprise information management, and complex event processing. Analytics solutions can be further segmented into predictive analytics, machine analytics, web analytics, speech analytics, text analytics, video analytics, and spatial analytics.

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One of the major driving factors for cloud analytics market is the exponential growth of unstructured and structured data. Businesses use cloud analytics solutions to deal with such huge amount of data and drawing inference out of them. However, global economic slowdown will act as a restraining force the growth of this market.
North America is the market leader and is expected to witness highest growth over the next five years. The growth is attributed to the high degree of industrialization and growing use of software solutions in business activities. Asia-Pacific, with its rapidly growing industrial sectors and flourishing economy is a promising market and is expected to show the substantial growth in this market.

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Some of the key players operating in this market include Vmware, Inc., Tibco Software, Teradata, Tableau Software, Sas Institute Inc., SAP, Rackspace, Qlik Tchnologies Inc., Pivotlink, Panorama Software, Oracle Corp., Newvem, Microstrategy, Microsoft Corp., Kognitio, Jaspersoft, Information Builders, Informatica, Infor Global Solutions inc., Indicee, Inc., IBM, Host Analytics, Hewlwtt-Packard Development Company, LP., Google Inc., Gooddata Corporation, Cloud9 Analytics, Birst, Bime, Adaptive Planning, and Actuate Corporation among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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