Statistical Analytics Market will reach at an estimated value of USD 67.12 billion by 2028 and grow at a CAGR of 33.12% in the forecast period of 2021 to 2028. Increase in the demand to counter big data challenges is an essential factor driving the statistical analytics market.
The report provides an excellent overview of the main macroeconomic factors having a significant impact on the growth of the Statistical Analytics market. It also provides the absolute dollar opportunity analysis which can be crucial in identifying revenue generation and sales increasing opportunities in the Statistical Analytics market. Market players can use the qualitative and quantitative analysis provided in the report to get a good understanding of the Statistical Analytics market and make strong strides in the industry in terms of growth. The overall Statistical Analytics market size and that of each segment studied in the report are accurately calculated based on various factors.
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Key Players Mentioned in the Statistical Analytics Market Research Report:
The major players covered in statistical analytics market report are SAP SE, SAS Institute, Oracle Corporation, International Business Machine, Tibco Software Inc., Qlik Software, Alteryx, Statacorp, Plug & Score and Lumina Decision Systems among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Statistical Analytics Market Segmentations:
Statistical analytics market is segmented on the basis of component, solution, service and deployment. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, statistical analytics market is segmented into solution and service.
- Based on solution, the statistical analytics market is segmented into data mining, predictive analytics and visual analytics.
- Based on service, the statistical analytics market is segmented into professional service, support and maintenance service
- The statistical analytics market is also segmented on the basis of deployment into cloud and on premise.
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Geographic Segment Covered in the Report:
The countries covered in the Statistical Analytics market report are U.S., Canada and Mexico in North America, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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