Market Research Report
Europe Big Data and Business Analytics Market by Component Deployment Model, Analytics Tools, Application, and End User : Opportunity Analysis and Industry Forecast, 2020-2027
|Published by||Allied Market Research||Product code||951340|
|Published||Content info||298 Pages
Delivery time: 2-3 business days
|Europe Big Data and Business Analytics Market by Component Deployment Model, Analytics Tools, Application, and End User : Opportunity Analysis and Industry Forecast, 2020-2027|
|Published: June 1, 2020||Content info: 298 Pages||
Europe Big Data and Business Analytics Market by Component (Hardware, Software, and Service) Deployment Model (On-premise and Cloud), Analytics Tools (Dashboard & Data Visualization, Data Mining & Warehousing, Self-service Tools, Reporting, and Others), Application (Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, and Transportation Analytics), and End User (Manufacturing, BFSI, Healthcare, Government, Energy & Utilities, Transportation, Retail & E-Commerce, IT & Telecom, Education, and Others): Opportunity Analysis and Industry Forecast, 2020-2027.
Big data analytics is a method by which companies examine large set of data for uncovering useful information to increase their decision-making capability. In addition, it enables organizations to uncover useful information such as market trends, customer preference, discover hidden patterns, and various unknown facts from the data. Furthermore, organizations are adopting big data analytics to enhance their profit, increase their analytics skills, and to improve the risk management capability. Big data analytics further helps businesses better understand the information contained within the data and provide data that is important for the organization.
Increase in adoption of big data and business analytics software by various organizations to deliver enhanced & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner drives the growth of the market. In addition, surge in demand for cloud-based big data and business analytics software among small & medium enterprises fuels the market growth. However, high implementation cost and lack of skilled workforce hamper the growth of the market. On the contrary, increase in need to gain better insights for business planning and emerging trends such as social media analytics are expected to provide lucrative opportunities for the growth of the market.
The Europe big data and business analytics market is segmented into component, deployment model, analytics tools, application, end user, and country. In terms of component, the market is fragmented into hardware, software, and services. Depending on deployment model, it is bifurcated into on-premise and cloud. As per analytics tools, it is categorized into dashboard & data visualization, data mining & warehousing, self-service tools, reporting, and others. The applications covered in the study include customer analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, workforce analytics, risk & credit analytics, and transportation analytics. As per end user, the market is segregated into manufacturing, BFSI, healthcare, government, energy & utilities, transportation, retail & e-commerce, IT & telecom, education, and others. Country wise, it is analyzed across UK, Germany, France, Austria, Switzerland, and rest of Europe.
The key players profiled in the Europe big data and business analytics market analysis are Amazon Web Services, Fair Isaac Corporation, IBM Corporation, Microsoft Corporation, Oracle Corporation, Hewlett Packard Enterprise Development LP, SAP SE, SAS Institute Inc., TIBCO Software Inc., and Teradata Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
By Deployment Model
By Analytics Tools
By End User