The report “Advanced Analytics Market by Big Data Analytics, Social Analytics, Visual Analytics, Customer Analytics, Risk Analytics, Business Analytics, Statistical Analysis, Predictive Modelling - Global Advancement, Worldwide Market Forecast & Analysis 2014 - 2019”, provides a comprehensive market report and forecast analysis of the overall market, segmented in verticals by applications and regions.
[189 Pages Report] The global Advanced Analytics Market size was USD 7.04 billion in 2014 and is projected to reach USD 29.53 billion by 2019, growing at a Compound Annual Growth Rate (CAGR) of 33.2% during the forecast period.
The advanced analytics research report categorizes the global Advanced analytics market on the basis of verticals and further by applications.
On the basis Of Banking and Financial Services:
• Regulatory Reforms
• Customer Profitability
• Operational Efficiency
• Risk Management
• Credit Risk Analysis
• Fraud Detection and management
• Budgeting and Planning
• Process Optimization
On the basis Of Applications Telecom and IT Services:
• Targeting offer and campaign management
• Cell Site Optimization
• Revenue Assurance
• Customer Profitability Analysis
• Network Dynamics
• Congestion Control and Social Network Analysis
On the basis of Healthcare:
• Predictive Modelling
• Financial Performance and Monitoring
• Fraud Detection and Management

On the basis of Government and Defense:
• Fraud detection and management
• Defense Health
• Scenario Planning
On the basis of Transportation and Logistics:
• Inventory Optimization
• Supply Chain Planning
• Sales and Operational Planning
• Quality Lifecycle Management
On the basis of Consumer Goods and Retail:
• Price Optimization
• Customer Insight
• Planning and Organization
• Merchandize Planning
• Size Optimization
On the basis of Regions:
• North America (NA)
• Europe (EU)
• Middle East and Africa (MEA)
• Asia-Pacific (APAC)
• Latin America (LA)
Customization Options:
Along with the Advanced analytics market size analysis on the basis of solution types, services, and regions; customizations can be done on the following parameters:
Country Analysis:
• Detailed country analysis of solution and services types
• In-depth country wise opportunity plot analysis
• Economic analysis for major KPIs of the Advanced Analytics market
Strategic Analysis:
• Application segmentation of other verticals
• PESTEL, Porter and SWOT analysis of the global market.
• Demand and supply side analysis.
• Product matrix analysis.
• Country level macro factor analysis.
• Go-to-market (market entry) analysis
Competitive Analysis:
• Advanced analytics Market share analysis (company/solution/region)
• Company wise portfolio analysis.
• Market ecosystem analysis.
• Market intelligence analysis (new product development tracking, M&A analysis, technological development tracking, and benchmarking analysis)
• Company analysis (Strategic, operational, and functional analysis)
Advanced analytics help companies provide valuable insights to the existing data. The advanced analytics market tools help identify this hidden information which can then be used by organizations to provide valuable insights to the customers which can be used for customized market offerings. Advanced analytics helps organizations to mitigate risks which drive consumer loyalty.
Major factors for growth of advanced analytics are:
• Deployment of solutions over cloud.
• Increasing demand to tackle big data challenges.
• Increase in need of vertical specific solutions.
• Advanced analytics solutions requirements in emerging economies.
Availability of advanced analytics solutions over the cloud has reduced the cost, attracting new customers who were initially refraining from them due to higher costs. Small and medium enterprises are also using advanced analytics due to reduction of prices, which has increased the number of customers who want to use these solutions. Emerging economies on the other hand are demanding advanced analytics to drive their business forward as well as drive customer loyalty.


The report covers all the major sub segments in the advanced analytics market and provides the quantitative (market size and market growth) and qualitative (trends, analysis, and insights) for these segments. This comprehensive coverage of the advanced analytics market provides important inputs such as drivers, restraints, and opportunities in this market; profiles the major players in this market, maps the competitive landscape, and provides the overall perspective on the advanced analytics market in the various verticals and regions.
Advanced analytics is analysis of all kind of data using sophisticated quantitative methods such as statistics, predictive and descriptive data mining, visualization and optimization for forecasting and having insights into the future trends. The use of advanced analytics is on the increase as the companies want to have a competitive edge over competitors and be able to forecast the future trends in a better way which would help companies in taking better and optimized decisions moving ahead.
MarketsandMarkets has segmented the advanced analytics market verticals by its applications. Banking and financial services is segmented as regulatory reform, customer profitability, operational efficiency, risk management, credit risk analysis, fraud detection and management, budgeting and planning and process optimization. The Telecom and IT vertical is segmented by applications as targeting offer and campaign management, cell site optimization, revenue assurance, customer profitability analysis, network dynamics congestion control, churn prediction and social network analysis. The healthcare sector is segmented by applications as predictive modelling, financial performance and monitoring and fraud detection and management. The Government and defense vertical is segmented by applications as fraud detection and management, defense health, and scenario planning. Transportation and Logistics sector is segmented by applications as inventory optimization, supply chain planning, sales and operational planning, and quality lifecycle management. Consumer goods and retail is segmented by applications as price optimization, customer insight, planning and organization, merchandize planning, and size optimization.
MarketsandMarkets forecasts the advanced analytics market to grow from $7.04 billion in 2014 to $29.53 billion in 2019 at a Compound Annual Growth Rate (CAGR) of 33.2% during the forecast period 2014-2019.

Browse 72 market data tables and 14 figures spread through 189 pages and in-depth TOC on “Advanced Analytics Market by Big Data Analytics, Social Analytics, Visual Analytics, Customer Analytics, Risk Analytics, Business Analytics, Statistical Analysis, Predictive Modelling - Global Advancement, Worldwide Market Forecast & Analysis 2014 - 2019”.
https://www.marketsandmarkets.com/Market-Reports/advanced-analytics-market-58104148.html
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