The global cloud analytics market size is projected to reach USD 72.40 billion by the end of 2026. The increasing use of cloud platforms in fraud detection software will have a positive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled "Cloud Analytics Market Size, Share & Industry Analysis, By Deployment Type (Public Cloud, Private Cloud, and Hybrid Cloud), By Organization Size (Small And Medium-Sized Enterprises (SMEs) and Large Enterprises), By End-User (BFSI, IT and Telecommunications, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Education, and Others) and Regional Forecast, 2019-2026," the market was worth USD 13.15 billion in 2018 and will exhibit a CAGR of 24.3% during the forecast period, 2019-2026.
Request To Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cloud-analytics-market-102248
Cloud analytics is a platform through which businesses can help make faster strategic decisions. It helps them get faster access to real time data. The ability of cloud analytics to enhance the overall business operations will have a direct impact on the growth of the market in the coming years. Additionally, the increasing use of the product in fraud detection activities will lead to a wider product adoption across the world. The use of concepts such as the IoT and AI will contribute to the growing demand for the product. Cloud analytics help companies obtain detailed information of the users and subsequently eliminate the need for complex processes. The increasing number of product launches by major companies, with the aim of catering to increasing consumer demand will aid the growth of the market in the forthcoming years.
Increasing Number of Product Launches Will Aid Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of product launches have made the highest impact on the market. In January 2020, GoodData Corporation announced that it will be extending its new Freemium tier pricing to more users. Through Freemium tier pricing, GoodData will look to extend its cloud analytics services to all companies that are using the cloud or on-premise. GoodData's latest initiative will not only help the company grow but will also have a direct impact on the growth on the market in the coming years.
Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/cloud-analytics-market-102248
North America to Emerge Dominant; Presence of Several Large Scale Companies Wil Emerge in Favor of Market Growth
The report analyzes the ongoing dialysis market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years, driven by the presence of several large-scale companies in several countries across this region. As of 2018, the market in North America was worth USD 34.81 billion and this value is likely to increase further in the forthcoming years.
List Of Key Companies Profiled in Cloud Analytics Market Are:
-- Oracle Corporation
-- Hewlett Packard Enterprise Development LP
-- IBM Corporation
-- Microsoft Corporation
-- MicroStrategy Incorporated
-- SAS Institute Inc.
-- Tableau Software
-- TIBCO Software Inc.
-- Cloud 9 Business Analytics Ltd
-- GoodData Corporation
-- Panorama Software
-- Rackspace Inc.
-- VMware, Inc.
November 2019: Tableau announced that it has partnered with Amazon Web Services for the launch of a new cloud analytics services.
Quick Buy- Cloud Analytics Market: https://www.fortunebusinessinsights.com/checkout-page/102248
Major Table of Content:
Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cloud-analytics-market-102248
Have a Look at Related Research Insights:
Web Hosting Services Market Size, Share & COVID-19 Impact Analysis, By Type (Shared Hosting, Dedicated Hosting, Collocated Hosting, Virtual Private Server Hosting, and Others), By Application (Public Website, Mobile Application, Intranet Site, and Online Application), By Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), and Regional Forecast, 2021-2028
Context Aware Computing Market Size, Share & COVID-19 Impact Analysis, By Component (Solutions and Services), By Vendor (Mobile Network Operator, Device Manufacturer, and Online, Web, and Social Networking Vendors), By End-User (BFSI, Consumer Electronics, Media and Entertainment, Automotive, Healthcare, Telecommunication, Logistics and Transportation, and Others), and Regional Forecast, 2021-2028
Livestock Monitoring and Identification Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By End-use (Dairy Farm, Beef Farm, Sheep Farm, Deer Farm, and Goat and Pig Farm), and Regional Forecast, 2020-2027
Digital Transformation Market Size, Share,& Analysis, By Technology (Cloud Computing, Big Data and Analytics, Cybersecurity, Artificial Intelligence (AI), Internet of Things (IoT)), By Enterprise Size (Large Enterprises, SMEs), By Deployment Model (On-Premises, Cloud), By Industry Vertical ( BFSI, Manufacturing, IT and Telecommunications, Retail and Consumer Goods, Healthcare), and Regional Forecast, 2021-2028
Online Gambling Market Size, Share & COVID-19 Impact Analysis, By Type (Sports Betting, Casinos, Poker, Lottery, Bingo, and Others), By Devices (Desktop, Mobile, and Others), and Regional Forecast, 2021-2028
Fortune Business Insights(TM) delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Read Press Release https://www.fortunebusinessinsights.com/press-release/cloud-analytics-market-9615