Outlook on the Financial Analytics Global Market to 2030 - Featuring Microsoft, Oracle and Rosslyn Data Technologies Among Others - ResearchAndMarkets.com
Financial analytics solution enable end users to manage their financial resources and answer specific business questions associated with budget, cost, and revenue.
The "Financial Analytics Market by Component, Deployment Mode, Organization Size, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
According to this report the financial analytics market was valued at $7.6 billion in 2020, and is estimated to reach $19.8 billion by 2030, growing at a CAGR of 10.3% from 2021 to 2030.
Financial analytics solution enable end users to manage their financial resources and answer specific business questions associated with budget, cost, and revenue. Presently, end users need predictive insights that can help them build effective business strategies to improve their day-to-day decision making.
Continuous advancements in business intelligence and business analytics solutions increase the adoption of analytical tools and services among various end-user organizations. Furthermore, increase in need to monitor and analyze huge volume of unstructured data along with rise in need for data transparency drive the market growth. However, data security is one of the major factors, which hampers the market growth.
On the contrary, financial analytics solutions play a crucial role in improving the conventional and unconventional operations in the industries. Emerging markets, such as Latin America, the Middle-East, and Africa are expected to present significant growth opportunities for prominent players, owing to the limited penetration of financial analytics solutions and infrastructure in the region.
The financial analytics market is segmented on the basis of component, deployment mode, organization size, industry vertical, and region. Depending on the component, it is segmented into solution and service. The solution segment is further sub segmented into database management system (DBMS), data integration tools, query, reporting and analysis, analytics solutions, and others. According to deployment mode, it is segmented into on-premise and cloud.
As per organization size, it is segmented into large enterprises and small-medium enterprises. By industry vertical, it is segmented into BFSI, IT and telecom, manufacturing, retail and E-commerce, government, healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the financial analytics market forecast analysis from 2021 to 2030 to identify the prevailing financial analytics market analysis.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- In-depth analysis of the financial analytics market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global financial analytics market share.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global financial analytics market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
- Solution
- Services
By Deployment Mode
- On-Premise
- Cloud
By Organization Size
- Large Enterprises
- Small Medium Sized Enterprises
By Industry Vertical
- BFSI
- IT and Telecom
- Manufacturing
- Retail and E-Commerce
- Government
- Healthcare
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Deloitte LLP
- Hitachi Vantara Corporation
- International Business Machine Corporation
- Microsoft Corporation
- Oracle Corporation
- Rosslyn Data Technologies
- SAP SE
- Symphony Teleca Services, Inc.
- Teradata Corporation
- TIBCO Software Inc.
For more information about this report visit https://www.researchandmarkets.com/r/h1kxxn
View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005530/en/