The global demand for Cloud Analytics Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Cloud analytics is the advanced data analytics tool that uses cloud computing resources (remote public or private computing resources) to analyze massive business or enterprise data. It aids enterprises in the collection, analysis, integration, and application of business data and insights in an efficient manner to improve decision making and streamline business processing. Cloud analytics offers a single access point to data to increase security and thus enhances data governance. Cloud analytics can scale up data storage and processing according to the fluctuating market conditions. It offers a unified approach to data and helps in finding business intelligence insights quickly.
The prime factors that are driving the cloud analytics market include the emergence of massive data in all industrial sectors such as healthcare, growing data connectivity through hybrid and multi-cloud environments, and increasing adoption for cloud analytics for data security purposes. The characteristic features of cloud analytics, such as easy installation and cost benefits, are contributing to the growth of the market. The other significant factors such as growing digitalization, increasing internet penetration, and rising usage of app-based services are propelling the global market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of cloud analytics.
The entire cloud analytics market has been sub-categorized into organization type, deployment and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Organization Type
By End – User
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Consumer Electronics
This section covers regional segmentation which accentuates on current and future demand for cloud analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Cloud Analytics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cloud analytics market include SAP SE, Oracle Corporation, Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise, SAS Institute Inc., Google Inc., Teradata Corporation, Informatica, Microstrategy Inc., Salesforce Inc., Tibco software Inc., Other. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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