Financial Analytics Market- Forecast (2018-2023)
Posted by Venkatesh on September 3rd, 2018
According to the new market research report by IndustryARC titled “Financial Analytics Market Global industry analysis By type (Data integration, DBMS, OLAP & Visualization Tools, Reporting & Analysis, Analytical Solutions, Consulting & Support); By Application(Assets and liability Management, Payables Management, Budgetary Control Management, Profitability Management, Receivables Management, GRC Management); By deployment(On premise, Cloud); By industry(BFSI, Healthcare, Consumer Goods & Retail, Government, Transportation & Logistics, Manufacturing, Telecommunication, Energy & Utilities, Others) & By region - Forecast(2018 - 2023),” the market will be driven by technological innovation in businesses and growing competition.
North America will Dominate the Financial Analytics Market
North America will dominate the Financial Analytics Market in the forecast period. This is due to the high acceptance of financial analytics across multiple industries along with the growth of technology. Asia Pacific is expected to show a strong growth due to increasing awareness of financial analytics and favourable government initiatives. The growing demand for information storage and analysis increase due to the generation of information will drive the growth of analytical services in Asia Pacific.
Selected Regulatory Analysis Done in the Full Report:
Among the end users, the BFSI segment will have the largest share in the market due to the growing application of financial analytics in the banking and financial services. In the deployment type, the cloud segment will have the highest growth among the big, medium, small enterprises as they are increasingly adopting cloud based solutions in handling their large volume of confidential data. These solutions provide the enterprises with a greater control over the access to confidential information from distant places. The growing use of mobiles will also drive the growth of cloud based solutions.
Selected Driving Factors Mentioned in the Full Report
Technological advancements and growing demand for cloud based services will elevate the demand for analytics tools.
Increased focus on data analysis will propel the demand for analytics platform in the coming years.
Growth in data intensity and the awareness related to financial analytics usage will boost the growth of the Financial Analytics Market.
Key Players of the Financial Analytics Market
The Financial Analytics Market is Segmented as Indicated Below:
Growing application of cloud analytics will drive the growth of the Financial Analytics Market in the forecast period.
A. Financial Analytics Market By Type
B. Financial Analytics Market By Application
C. Financial Analytics Market By Deployment
D. Financial Analytics Market By Industry
E. Financial Analytics Market By Geography (13+ countries)
More than 10 companies are profiled in this report
H. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Financial Analytics Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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