Market Overview

Embedded Analytics Market Expected to Reach USD 62.43 billion with CAGR of 14.1% by 2023


Embedded Analytics Market Expected to Reach USD 62.43 billion with CAGR of 14.1% by 2023

PR Newswire

PUNE, India, August 29, 2018 /PRNewswire-iReach/ -- The embedded analytics market has been valued at USD 28.06 billion in 2017 and is expected to grow at a CAGR of 14.1% during the forecast period (2018 -2023), to reach USD 62.43 billion by 2023.

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Embedded Analytics production region, major players, and product type which will provide a simplified view of the Embedded Analytics industry. The Embedded Analytics market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Embedded Analytics market which will help the emerging market segments in making vital business decisions.

Global Embedded Analytics Market by Top Manufacturers (2018-2023): Ibm Corporation, Microsoft Corporation, Sap Se, Sas Institute, Microstrategy Incorporated, Oracle Corporation, Tableau Software, Tibco Software, Birst, Logi Analytics, Qliktech International, Sisense, Information Builders, Opentext , Yellowfin International , Gooddata, Izenda, Vertica Systems, And Wns Global Services And Brighttalk, Amongst Others.

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Essential points covered in Embedded Analytics Market 2018 Research are:-

  • What will the market size and the growth rate be in 2023?
  • What are the key factors driving the Embedded Analytics market?
  • What are the key market trends impacting the growth of the Embedded Analytics market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Embedded Analytics market?
  • What are the market opportunities and threats faced by the vendors in the Embedded Analytics market?
  • What are the key outcomes of the five forces analysis of the Embedded Analytics market?

This independent 107 pages report guarantees you will remain better informed than your competition. With figures examining the Embedded Analytics market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2023.

Healthcare Sector is expected to register a Significant Growth Rate

The sheer amount of data is growing exponentially across all industries. The healthcare field has spent the last 20 years digitizing medical records, and the amount and sources of data continue to grow. In addition to electronic medical records, there is now information collected from telemedicine interactions, patient health monitors, fitness trackers, and more. Moreover, as costs rise and health levels fall, both public and privately funded healthcare environments are shifting away from paying for service volume and toward paying for service value. This new focus on value also called pay-for-performance, quality, or outcomes is ultimately about the good health of patients. This shift is fundamental and its benefits the healthcare systems by improving quality of care and patient satisfaction while reducing costs through more efficient delivery. By applying powerful analytics to the growing these volume and sources of healthcare data, stakeholders in clinical, operational, and financial realms can gain unprecedented insights.

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North America to account for the Largest Share

North America is a leader when it comes to development and implementation of new technologies. This implementation of new technologies is driven by the need for tracking data patterns in order to track the performance of the business and take strategic informed decisions. The industrial sector is on steady growth along with increasing influence of internet on sales of industrial goods, hence the increased demand for business intelligence and analytics solutions.

Furthermore, the major players in the market are US based such as IBM Corporation, Microsoft Corporation, GoodData. Their activities and efforts in advanced analytics will aid in prospering the market in the country. For instance, GoodData, has been awarded a patent for its multi-tenant platform, which distributes analytical applications to multiple customers. The patent aligns with GoodData's efforts toward providing data-driven insights and automation at the point of work through smart business applications which is trending in the US.

Reasons to Purchase This Report

  • Impact of growth of IoT and big data on the market
  • Analysis of various perspectives of the market with the help of Porter's five forces analysis
  • The segments that are expected to dominate the market
  • Regional analysis of the market during the forecast period
  • Latest developments, market shares and strategies employed by the major market players and key innovators
  • 3 months analyst support along with the Market Estimate sheet (in excel)

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