Data Analytics in Banking Market to Garner $28.11 Bn, Globally, by 2031 at 19.4% CAGR: Allied Market Research

PORTLAND, Ore., Aug. 5, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Data Analytics in Banking Market by Component (Solution, Services), by Deployment Model (On-Premise, Cloud), by Organization Size (Large Enterprises, Small & Medium Sized Enterprises), by Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics, Others), by Application (Fraud Detection & Prevention, Customer Management, Sales & Marketing, Workforce Management, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global data analytics in banking industry was pegged at $4.93 billion in 2021, and is estimated to reach $28.11 billion by 2031, growing at a CAGR of 19.4% from 2022 to 2031.