The Insights-as-a-Service Market accounted for USD 1.44 billion in 2016 growing at a CAGR of 24.2% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Company Share Analysis:
The report for insights-as-a-service market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
The report also measures technology life line curve and market time line to analyze and do more affective investments.
Insights-as-a-service is a type of cloud services that specific data results. It essentially combines the idea of business intelligence with the concept of vendor-delivered cloud services and analytics.
It is widely applicable in BFSI, government & defense, energy & utilities, healthcare, industrial manufacturing, media, retail & ecommerce, transportation & logistics, telecom & IT, and others. Increased need for customer management and increasing market competition may act as the major driver in the growth of insights-as-a-service market.
On the other side, rising concern for data security may hamper the market
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Major Market Drivers & Restraints:
- Increased need for customer management
- Increasing market competition
- Emergence of IoT
- Rising big data
- Data security concern
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Major Market Competitors:
· IBM Corporation, · Capgemini, · Accenture, · Oracle, · Deloitte Touche Tohmatsu India LLP, · Dell Inc, · NTT DATA Corporation, · GoodData Corporation, · Zephyr Health, Inc, · Smart Focus · others. Market Segmentation:
On the basis of type:- Descriptive insights, predictive insights, and prescriptive insights.
On the basis of deployment model:- Public cloud, private cloud, and hybrid cloud.
On the basis of application:- Revenue cycle management, governance, risk, and compliance management, customer life-cycle management, branding and marketing management, strategy management, and supply chain management.
On the basis of organization size:- Large enterprise, small and medium enterprise (SMEs).
On the basis of vertical:- BFSI, government & defense, energy & utilities, healthcare, industrial manufacturing, media, retail & ecommerce, transportation & logistics, telecom & IT, and others.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
In 2017, North America is expected to dominate the market.
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Key Questions Answered in Global Insights-as-a-Service Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Insights-as-a-Service Market in 2024?
What are the key factors driving, Analysis by Applications and Global Insights-as-a-Service Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Insights-as-a-Service Market?
Who are Opportunities, Risk and Driving Force of Global Insights-as-a-Service Market?
Who are the opportunities and threats faced by the vendors in Global Insights-as-a-Service Market?
What are the Global Insights-as-a-Service Market opportunities, market risk and market overview of the Market?
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