Market Research Report
Embedded Analytics - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||614649|
|Published||Content info||163 Pages
Delivery time: 2-3 business days
|Embedded Analytics - Global Market Outlook (2017-2026)|
|Published: February 1, 2018||Content info: 163 Pages||
According to Stratistics MRC, the Global Embedded Analytics Market is expected to grow from $26.98 billion in 2017 to reach $96.65 billion by 2027 with a CAGR of 15.2%. Transition from the traditional Business Intelligence (BI) techniques to advanced BI, increase in data-driven organizations and advanced implementation of self-service analytics are some of the key factors are fuelling the market growth. However, lack of integration with legacy systems and higher replacement cost are hindering the market.
Embedded analytics is the addition of analytic content and capabilities within business process applications. It provides related information and analytical tools considered for the task at hand so users can work smarter and more efficiently in the applications they use every day. It is a consumer-facing BI and analytics tool that is included into software applications of an enterprise and operates as an element of the innate application relatively than a different platform.
IT-Business association is a dynamic state in which a business organization is able to use information technology (IT) to attain business objectives typically improved financial performance or marketplace competitiveness. The growth of IT business function is due to increasing demand for IT departments across industries to access a real-time analytics on key performance indicators (KPIs) and the visualization of the percentage of helpdesk ticket requests resolved in the agreed time-frame to assess the success of on-going support in their applications itself.
Asia-Pacific region is expected to grow at the highest CAGR due to enterprise mobility, increase in penetration of smart phones, laptops, and tablets, high penetration of internet, and surge in need of better data management.
Some of the key players in the Embedded Analytics market include International Business Machines Corporation, SAP SE, Oracle Corporation, Microsoft Corporation, Opentext Corporation, Sisense, Inc., Information Builders, Tableau Software Inc., SAS Institute, BIRST, Inc., Logi Analytics, Microstrategy Incorporated, Tibco Software, Inc., Yellowfin International Pty Ltd and Qliktech International AB.
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.