Advanced Analytics Market Share

  • Report ID: 5008
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Advanced Analytics Market Share

North America industry is estimated to hold largest revenue share of 45% by 2037. This growth is attributed to the increasing infrastructure for the implementation of advanced analytics in the region. Further, the adoption of advanced analytics such as artificial intelligence and machine learning is estimated to contribute to the growth of the market in the forecast period. Increasing collaborations with various key players in the industry is also predicted to drive industry progression.  For instance, in December 2021, Microsoft Corporation and CVS Health collaborated in order to develop an innovative solution that could help improve the health of consumers. CVS leveraged Azure Cognitive services such as Computer Vision for automating its tasks. Further, the presence of various advanced analytics solution providers in the region such as Microsoft Corporation, Oracle, and IBM Corporation is also estimated to contribute to the growth of the market. Additionally, the presence of many businesses and new businesses coming up in the region needs advanced analytics solutions for a better understanding of the business is also estimated to boost the market growth in the region.

The Asia Pacific advanced analytics market is estimated to be the second largest, registering a share of about 24% by the end of 2037. This growth is credited to the rising adoption of big data analytical tools and solutions in the region. Further, the increasing investments of businesses in customer analytics to improve business success and efficiency are estimated to contribute to the growth of the market in the forecast period. Moreover, the presence of many travel companies in the area is also estimated to contribute to the  advanced analytics market growth. Adopting analytics solutions for gaining insights on the itinerary of buses, trains, and flights is the reason.

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Author Credits:  Abhishek Verma


  • Report ID: 5008
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of nasal antiseptics is evaluated at USD 77.16 billion.

The advanced analytics market size was over USD 64.56 billion in 2024 and is poised to exceed USD 1.1 trillion by 2037, witnessing over 24.4% CAGR during the forecast period i.e., between 2025-2037. Growing digitization, digital production, and increased adoption of advanced analytics solutions in end-user verticals will boost the market growth.

North America industry is estimated to hold largest revenue share of 45% by 2037, owing to rising infrastructure for the implementation of advanced analytics in the region.

The major players in the market are Altair Engineering, Inc., Fair Isaac Corporation (FICO), International Business Machines Corporation, KNIME, Microsoft Corporation, Oracle Corporation, RapidMiner, Inc., SAP SE, SAS Institute Inc., Trianz
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