Advanced Analytics Market to Witness Rapid Growth by 2028

The Advanced Analytics Market size is expected to grow at an annual average of 32% during 2022-2028. The outbreak of the COVID-19 pandemic has prompted the adoption of analytics across businesses in an effort to ensure business continuity and process optimization. The adoption of advanced analytics is gaining traction with advances in the latest technologies such as machine learning, data mining, semantic analytics, neural networks, and multivariate statistics and the growing amount of data generated by businesses. As a result, incumbents in a variety of industries and industries, including IT & Telecommunications, BFSI, Energy & Utilities, are adopting state-of-the-art analytics for continuous and accurate data processing and rapid decision-making to remain competitive in the marketplace.

Company Profile

• SAS
• Sap
• IBM
• Oracle
• Knime
• Statsoft
• Angoss
• Statsoft
• Microsoft
• Fico

Market Segmentation

On the basis Of Banking and Financial Services:

• Regulatory Reforms
• Customer Profitability
• Operational Efficiency
• Risk Management
• Credit Risk Analysis
• Fraud Detection and management 
• Budgeting and Planning 
• Process Optimization

On the basis Of Applications Telecom and IT Services:

• Targeting offer and campaign management
• Cell Site Optimization
• Revenue Assurance
• Customer Profitability Analysis 
• Network Dynamics
• Congestion Control and Social Network Analysis

On the basis of Healthcare:

• Predictive Modeling
• Financial Performance and Monitoring 
• Fraud Detection and Management

Scope of the Report

The research study analyzes the Advanced Analytics Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Advanced Analytics Market Report

1. What was the Advanced Analytics Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Advanced Analytics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Advanced Analytics Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Advanced Analytics Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Advanced Analytics
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Advanced Analytics
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Advanced Analytics Market.