Global Cloud Analytics Market: Overview
A cloud analytics is defined as nothing but a set of analytical tools and technology, and techniques that are specially designed to assist the clients in extracting data from massive storage of raw data. It is designed to make the statistical data easily dividable and available to the users through web browsers
Global Cloud Analytics Market: Growth Factors
The global cloud analytics market is likely to witness a huge growth in the industry in the near future. Increased used of cloud service among the companies is the main reason for the growth of the global market. In addition, the growing awareness about the advantages of the cloud analytics is also one of the main reasons driving the global market. Additionally, the low cost of maintenance is also one factor that is elevating the global cloud analytics market. Increased use of advanced technology in cloud analytics is also one significant factor that is boosting the global market.
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On the other hand, the high cost of transportation is restraining the global market. Furthermore, the high cost of raw materials is also hindering the global cloud analytics market. Moreover, the high cost of the ownership of cloud analytics tools is the main reason that is hampering the global market.
Global Cloud Analytics Market: Segmentation
Based on the solutions, the global cloud analytics market is mainly classified as cloud BI tools, warehouse solutions, hosted data, enterprise information management, complex event processing, enterprise performance management, analytics solutions, and government, risk, and compliance.
On the basis of deployment model, the global market is segmented into a public cloud, hybrid cloud, private cloud, community cloud, and others.
Based on the organization size, the global cloud analytics market is bifurcated into large enterprises and small and medium businesses.
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Based on verticals, the global market is mainly classified as banking, financial services, and insurance (BFSI), education, government, healthcare and life sciences, manufacturing, telecommunication and IT, retail and wholesale, and others.
Global Cloud Analytics Market: Regional Analysis
Regionally, the global cloud analytics market is segmented into North America, Asia-Pacific, Europe, and Rest of the World. Increased used of cloud service among the companies will boost the global market in North America. India and China are likely to drive the global cloud analytics market due to increased job opportunities in future.
Global Cloud Analytics Market: Competitive Players
Key players in the global market for cloud analytics are Tibco Software, Vmware Inc., Teradata, Sas Institute Inc., Tableau Software, Rackspace, SAP, Pivotlink, Qlik Tchnologies Inc., Oracle Corp., Panorama Software, Microstrategy, Newvem, Kognitio, Microsoft Corp., Information Builders, Jaspersoft, Infor Global Solutions Inc., Informatica, IBM, Indicee Inc., and Hewlett-Packard Development Company LP. Other majors of the global market include Host Analytics, Gooddata Corporation, Google Inc., Birst, Cloud9 Analytics, Adaptive Planning, Time, and Actuate Corporation.
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Global Cloud Analytics Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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