The global analytics as a service market is expected to grow at a CAGR of 27.6% during the forecast period. Cloud and Big Data are two of the trends that define the emerging enterprise computing and creates a lot of potential and opportunities for a new era of combined applications. The establishment of Big Data analytical capabilities along with the cloud delivery models makes it easy for the adoption by many companies. Moreover, the analytics as a service provides personalized access to centrally managed information data groups, which in turn decreases various delays faced by the data scientists, business analysts, and other information users. This increases the adoption of analytics as a service solution and hence fuels the growth of global analytics as a service industry.

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The primary factors that fuel the growth of the analytics as a service market include the rising demands for the advanced and developed technologies to process high workload via cloud-based services and increased adoption and usage of social media platforms. Additionally, analytics as a service offers a number of benefits that include predictions based on experiences and capabilities to identify the patterns, which tend to develop a huge demand for the growth of the market in the near future. However, data security is the factors that hinder the growth of the market over the forecast period.

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Analytics as a Service Market Segmentation

By deployment

Public cloud

Private cloud

Hybrid

By Industry

IT & Telecom

BFSI

Manufacturing

Healthcare

Retail & Wholesale

Others

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Accenture PLC

ALTERYX, INC.

Amazon.com Inc.

Appnovation Technologies, Inc.

Atos SE

BigML, Inc.

Centrify Corp.

CenturyLink, Inc.

DXC Technology Co

GoodData Corp.

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