#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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