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Advanced Analytics Market Size Will Attain USD 201.8

#Advanced #Analytics #Market #Size #Attain #USD

TOKYO , Oct. 20, 2022 (GLOBE NEWSWIRE) — The Global Advanced Analytics Market Size accounted for USD 30.9 Billion in 2021 and is projected to achieve a market size of USD 201.8 Billion by 2030 rising at a CAGR of 23.3% from 2022 to 2030.

Advanced Analytics Market Statistics

  • Global advanced analytics market value was USD 30.9 Billion in 2021 and expected to grow at CAGR of 23.3% from 2022 to 2030
  • As per a recent research, Netflix approximately saves USD 1 Billion yearly using big data analytics
  • North America advanced analytics market revenue gathered over 45% market share in 2021
  • Asia-Pacific advanced analytics market growth will record noteworthy CAGR throughout the forecast timeframe from 2022 to 2030
  • Based on type, big data analytics segment accounted for around 36% of the overall market share in 2021
  • Growing adoption of big data is a popular advanced analytics market trend fueling the industry demand

Advanced Analytics Market Growth Factors

  • Increasing adoption of big data
  • Rising base of fraudulent activities
  • Surging popularity of online shopping

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Advanced Analytics Market Report Coverage:

Market Advanced Analytics Market
Advanced Analytics Market Size 2021 USD 30.9 Billion
Advanced Analytics Market Forecast 2030 USD 201.8 Billion
Advanced Analytics Market CAGR During 2022 – 2030 23.3%  
Advanced Analytics Market Analysis Period 2018 – 2030
Advanced Analytics Market Base Year 2021  
Advanced Analytics Market Forecast Data 2022 – 2030
Segments Covered By Type, By Deployment, By Enterprise Size, By End-Use, And By Geography
Advanced Analytics Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Altair Engineering, Inc., Fair Isaac Corporation (FICO), International Business Machines Corporation, KNIME, Microsoft Corporation, Oracle Corporation, RapidMiner, Inc., SAP SE, SAS Institute Inc., and Trianz.
Report Coverage Read on GNW: Advanced Analytics Market Size Will Attain USD 201.8

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