Analytics as a Service (AaaS) Market Global End-user Analysis and Forecast (2019-2023)


Posted December 10, 2019 by susshree23

The global (AaaS) Analytics as a Service market is expected to grow with a CAGR of 37.5 % during the forecast period.

 
The Analytics as a Service (AaaS) has emerged from the integration of cloud computing and analytics solutions. Analytics as a Service uses web-based technologies to carry out the analysis of big data in order to store, collect, and analyze data. The AaaS method is less labor-intensive and more cost-effective, as compared to other traditional methods. Owing to this, there will be an increase in demand for AaaS in the coming years.

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The global (AaaS) Analytics as a Service market is expected to grow with a CAGR of 37.5 % during the forecast period. Analytics as a service solution are gaining significant importance among corporates, due to increased ability of the Analytics as a Service to process huge workload through the cloud, lower cost of ownership, and business intelligence maturation.

Based on types, the predictive analytics segment is growing at the fastest pace owing to the benefits it offers such as improved efficiency and productivity, reduced risks, fraud detection, increased profits, and others. Organizations use this type of analytics to understand customer preferences in order to run different marketing campaigns. Further, predictive analytics solutions help in providing insights to the decision makers to enable them to respond to challenges and capitalize on future trends. At the same time, the increasing use of predictive analytics solutions in sectors like BFSI, retail, pharmaceuticals, and others to increase their productivity and work efficiency, is driving the demand for the Analytics as a Service in recent years.

The major vendors operating in the Analytics as a Service market are EMC Corporation, Pythian, Google, Inc., Microsoft Corporation, IBM Corporation, Computer Science Corporation (CSC), Oracle Corporation, Hewlett Packard Enterprise Company, Amazon Web Services (AWS), SAS Institute, and others.

Table of Content
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Analytics as a Service (AaaS) Market, by Type
Chapter 5 Global Analytics as a Service (AaaS) Market, by Application
Chapter 6 Global Analytics as a Service (AaaS) Market, by Distribution Type
Chapter 7 Global Analytics as a Service (AaaS) Market, by Region
Chapter 8 Competitive Intelligence
Chapter 9 Company Profiles

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Issued By susshree
Country India
Categories Business
Tags analytics as a service , analytics as a service aaas , analytics as a service aaas market
Last Updated December 10, 2019