The value of the global analytics market as a service was $9.62 billion in 2018 and is expected to reach $126.58 billion in 2026, with an annual growth rate of 35% from 2019 to 2026. Work. The organization then collects this data and analyzes patterns to predict future occurrences. In addition, analytics can help organizations improve the performance of their internal assets, further increasing profit margins. In addition, predictive analytics and historical data analysis allow manufacturers to plan predictive maintenance for their assets or machines, thus avoiding unexpected failures or downtimes, thereby reducing costs.
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Analytics as a Service (AaaS) Market Segments
By Component
• Solutions
• Services
By Analytics Type
• Predictive Analytics
• Prescriptive Analytics
• Diagnostic Analytics
• Descriptive Analytics
By Deployment Type
• Private Cloud
• Public Cloud
• Hybrid Cloud
By Industry Vertical
• BFSI
• Retail
• Government & Public Sector
• IT and Telecommunication
• Healthcare
• Manufacturing
• Others
Key Market Players Profiled in the Report
• Amazon Web Services, Inc.
• GoodData Corporation
• Google LLC
• Hewlett Packard Enterprise Development LP
• International Business Machines Corporation
• Microsoft
• Oracle
• SAP
• SAS Institute
• TIBCO Software Inc.
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• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)