Global Infrastructure for Business Analytics Market Projections & Future
Posted by Arslan on January 28th, 2019
Enterprises across the globe are actively using a combination of infrastructure products such as software, hard drives, servers, and processing systems to manage the diversity of analytics and business intelligence data being procured. This trend has successfully improved the decision-making process for enterprises, and thereby fuelled the adoption of infrastructure for business analytics. From industry leaders to start-ups, enterprises are adopting new solutions on infrastructure for business analytics for addressing the needs for varied user and reducing the disconnection between customer feedback and product development. Products sold in the global infrastructure for business analytics market are being used to develop strategies on information management, processing framework, and technological integration.
In the near future, the global market for infrastructure for business analytics is poised to expand at a robust pace. As more companies are slated to enter the global business analytics landscape, the demand for servers, flash drives and other infrastructure products is expected to witness an upsurge. Moreover, effective applications of these products will further propel the growth of the global infrastructure for business analytics market beyond IT-based entrepreneurial environments.
According to recent study by FactMR, the global infrastructure for business analytics market is likely to expand robustly at a CAGR of 9.2% during the forecast period, 2017-2026. The report further projects that by the end of 2026, over US$ 25 Mn worth of products will be sold in the global infrastructure for business analytics market.
High Demand for Database Servers to Drive Market Growth
The report has analyzed the global infrastructure for business analytics market on the basis of type of infrastructures. Through 2026, database servers are likely to represent the leading segment in the global infrastructure for business analytics market. The report projects that by the end of 2026, nearly US$ 5 Mn worth of database servers will be sold to enterprises globally. The demand for business software servers and analytics servers is also pegged to grow considerably. The global infrastructure for business analytics market, however, will witness a sluggish sales of external all flash arrays.
ERM Applications to Register Highest Adoption through 2026
In 2017 and further, Enterprise Resource Management (ERM) is expected to emerge as the largest application in the global infrastructure for business analytics market. By 2026-end, nearly US$ 4 Mn worth of infrastructure products will be sold across ERM applications in the world. The report also reveals that structured data management software applications will register fastest revenue growth at a CAGR of 11.5%.
The report has profiled prominent players in the global infrastructure for business analytics market, which include Dell Technologies, HPE, Cisco Corporation, EMC, IBM Corporation, Hitachi, Fujitsu, Lenovo, Huawei Technologies, NetApp, Datacore, Unisys, Pure Storage, NEC, Silicon Graphics, Inspur, Bull SAS, and VCE. A majority of players in the global infrastructure for business analytics market are likely to work towards increasing the responsiveness of business software servers and database servers. Improving the reliability of enterprises on IT-based automation of business intelligence is also a key objective of developers in the global infrastructure for business analytics market.
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