Cloud Analytics Market: size was valued at US$ 35.21 Bn. in 2022 and the total revenue is expected to grow at 23.2 % through 2023 to 2029, reaching nearly US$ 151.68 Bn.
Market Overview
A distinguished global market research firm has recently released an exhaustive market research report focusing on the Cloud Analytics market. The report provides a wealth of data and visually engaging representations to analyze both regional and global markets. It offers valuable insights into the market's objectives and includes comprehensive information on top competitors, their market value, current trends, strategies, targets, and product offerings. The report also highlights the market's recent growth and historical data, providing crucial information for stakeholders.
Market Scope
The research report delves deep into the analysis of trending competitors, their growth patterns, and the dynamics of the market. It offers insights into the regional and global market value and demand, enabling a better understanding of the competitive landscape and the market's potential in terms of production, demand, and supply. The segmentation analysis considers crucial factors such as psychographic, demographic, geographic, and behavioral aspects, which inform marketing strategies, targeted products, offers, and customer experiences. The report utilizes Porter's analysis to determine organizations' competitive positions and improve profitability. Additionally, Pestle analysis is conducted to assess the validity of existing products and services within the contextual data. SWOT analysis is employed to evaluate the internal and external factors contributing to a company's strengths, weaknesses, advantages, and disadvantages. This report provides a comprehensive and informative overview of the Cloud Analytics market.
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Segmentation:
The worldwide cloud analytics market is divided into three segments based on the mode of deployment: public cloud, private cloud, and hybrid cloud. In 2022, the public cloud accounted for 40.26% of the market share. This market is expected to expand as a result of SMEs' increased reliance on public cloud services for efficient administration and the growing trend in corporate cultures towards work-from-home policies.
But in 2022, the Hybrid Cloud category had the second-largest market share (xx%). An essential tool for creating business strategy is data. Businesses are depending more and more on data to provide them a competitive edge. Businesses are increasingly focusing their energies on organising and harmonising vital reference data. Businesses have started to make investments to maintain a single data repository.
The BFSI, Retail and Consumer Goods, Healthcare and Life Sciences, Media and Entertainment, Government, Telecom and IT, Research and Education, Energy, Manufacturing, and Others verticals make up the subsegments of the worldwide cloud analytics market. In 2022, the BFSI category had the most market share (20.12%). Cloud-based technologies are used by fintech companies to improve client experience and increase operational efficiency. The BFSI industry can offer secure payment services, CRM and ERP systems, safe storage for confidential information, and regulatory compliance thanks to the use of cloud analytics.
Key Players:
1. SAP SE 2. Oracle Corporation 3. Microsoft Corporation 4. IBM Corporation 5. Teradata Corporation 6. Google Incorporation 7. Hewlett-Packard 8. SAS Institute Inc. 9. Tableau Software 10. Microstrategy 11. Vmware, Inc. 12. Tibco Software 13. Teradata 14. Rackspace 15. Qlik Technologies Inc. 16. Pivotlink, Panorama Software 17. Oracle Corp. 18. Newvem 19. Microstrategy 20. Kognitio, Jaspersoft
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Table of Content: Cloud Analytics Market
Part 01: Executive Summary
Part 02: Scope of the Cloud Analytics Market Report
Part 03: Global Cloud Analytics Market Landscape
Part 04: Global Cloud Analytics Market Sizing
Part 05: Global Cloud Analytics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Analysis
The report offers formal, functional, and vernacular regional analyses, focusing on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides insights into different targets, strategies, and market values specific to each region.
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