According to the new market research report by IndustryARC titled “Financial Analytics Market Global industry analysis By type (Data integration, DBMS, OLAP & Visualization Tools, Reporting & Analysis, Analytical Solutions, Consulting & Support); By Application(Assets and liability management, Payables Management, Budgetary Control Management, Profitability Management,Receivables Management, GRC Management); By Deployment (On-premise, Cloud); By industry(BFSI, Healthcare, Consumer Goods & Retail, Government, Transportation & Logistics, Manufacturing, Telecommunication, Energy & Utilities, Others) & By region – Forecast(2018 – 2023),” the market will be driven by technological innovation in businesses and growing competition.
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North America will Dominate the Financial Analytics Market:
North America will dominate the Financial Analytics Market forecast during 2018-2023. This is due to the high acceptance of financial analytics across multiple industries along with the growth of technology. The Asia Pacific is expected to show a strong growth due to increasing awareness of financial analytics and favorable government initiatives. The growing demand for information storage and analysis increase due to the generation of information will drive the growth of analytical services in the Asia Pacific.
Selected Regulatory Done in the Financial Analytics Market Analysis:
Among the end users, the BFSI segment will have the largest share in the market due to the growing application of financial analytics in the banking and financial services. In the deployment type, the cloud segment will have the highest growth among the big, medium, small enterprises as they are increasingly adopting cloud-based solutions in handling their large volume of confidential data.
Selected Driving Factors Mentioned in the Full Report:
• Technological advancements and growing demand for cloud-based services will elevate the demand for analytics tools.
• Increased focus on data analysis will propel the demand for analytics platform in the coming years.
Key Players of the Financial Analytics Market:
The key players of the Financial Analytics Market include International Business Machines Corporation(IBM), Microstrategy, and Deloitte Touche Tohmatsu Limited. IBM helps in optimizing the digital finance strategy and operations and enterprise performance management.
A. Blockchain in Banking and Financial Services market
B. Fraud Hunters Market
The Financial Analytics Market is Segmented as Indicated Below:
Growing application of cloud analytics will drive the growth of the Financial Analytics Market in the forecast period.
A. Financial Analytics Market Type
B. Financial Analytics Market Application
C. Financial Analytics Market Deployment
D. Financial Analytics Market Industry
E. Financial Analytics Market Geography (13+ countries)
F. Financial Analytics Market Entropy
What can you expect from the report?
The Financial Analytics Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
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