Financial Analytics Market Size -Share, Growth, Trends, Covid-19 Impact, And Forecast (2020- 2027)

 Financial Analytics Market Size Scenario:

Global Financial Analytics Market Size to expand at a CAGR of 22.6% with the value reaching USD 3.84 billion by 2027.

The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Financial Analytics Market Size. The growth sectors of the Financial Analytics Market Size are identified with precision for a better growth perspective.

The crucial factors enhancing the global analytics market 2020 are increasing demand for the data-driven financial agreement in the end-users. Development in business analytics tools and business intelligence (BI) is also bringing an impact on market growth. Also, the technological development in artificial intelligence (AI) and machine learning (ML), and the increasing establishment of predictive analytics offer profitable opportunities for solution providers in the market. But, concerns for privacy and security can act as an obstacle for market growth.

Financial analytics software allows financial managers and other executives to put in the lowest time in amassing financial and operational data. The time is instead used for regulating scenarios and forecasting results. The software assists with financial business intelligence which gives a 360-degree view of the business. The executives gain boosted visibility into costs, performance and resources; this assists them in the betterment of accuracy, competence, controls, and auditability thus allowing them in composing major strategic decisions.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7680

Competitive Outlook:

 

The major players in the global Financial Analytics Market Size are QlikTech International AB (US), Rosslyn Data Technologies (UK), Fair Isaac Corporation (US), Oracle Corporation (US), TIBCO Software Inc. (US), IBM Corporation (US), Zoho Corporation (India), Fair Isaac Corporation (US), Google (US), SAP (Germany), MicroStrategy Incorporated (US) , Teradata (US), ALTERYX, Inc. (US), TABLEAU SOFTWARE (US), Rosslyn Data Technologies (UK), Deloitte Touche Tohmatsu Limited (US), SAS Institute Inc. (US), and The key strategies adopted by most of the players are partnerships, agreements, collaborations, and the launch of solutions.

 

Segmentation:

·       The global Financial Analytics Market Size can be classified on the basis of organization size, vertical, component, application, deployment mode, and the region.

·       On the basis of organization size, the market has been segmented into small and medium enterprises (SME) and large enterprises. The large enterprises' segment is estimated to have a larger market size during the forecast period. Large organizations deploy significant financial analytics to advance employee productivity.

·       On the basis of vertical the global Financial Analytics Market Size has been classified into retail & e-commerce, banking, financial services and insurance (BFSI),  government and defense, energy and utilities, healthcare and life sciences, manufacturing and automotive, transportation and logistics, telecommunication and IT, and others. The BFSI segment is expected to acquire the maximum segment, as financial analytics expedites in asset and liability management, budgetary control, GRC (governance and risk and compliance), payables management, and profitability management, receivables management.

·       On the basis of components, the global Financial Analytics Market Size is classified into services and software. The software segment is estimated to have a greater market share, while the services segment is estimated to record the higher CAGR during the review period.

·       On the basis of application segments of the global Financial Analytics Market Size has been classified into risk, and compliance management, governance, wealth management, customer management, financial forecasting and budgeting, stock management, transaction monitoring, fraud detection and prevention, and others. The financial forecasting and budgeting is estimated to be one of the dominating verticals in the market and also record the highest CAGR.

·       On the basis of deployment mode, the market has been classified into on-premise and cloud-based. The cloud-based segment is estimated to display a higher CAGR during the review period due to the rising establishment of cloud technology globally.

·       On the basis of geography, the global Financial Analytics Market Size has been classified into Europe, Asia-Pacific, North America, and the Rest of the World (Row).

Regional Analysis:

The global Financial Analytics Market Size has been classified into Asia-Pacific, Europe, North America, and the Rest of the World (RoW). North America is estimated to be the greatest market with the US being a technologically modern country implementing these solutions with the largest number of leading market players.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/financial-analytics-market-7680

Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Market Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

3.6 List Of Assumptions

Continued….

 

Read More:

1.    https://telegra.ph/Process-Orchestration-Industry-Analysis-Drivers-Opportunities-Trends-Applications-And-Growth-Forecast-To-2027-08-12

2.    https://vlog1292.blogspot.com/2021/08/user-behavior-analytics-market-share.html

 

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

 

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

 

Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Future Analysis For Web Scraper Software Market Forecast By 2020 – 2027

  The global web scraper software market generated a revenue of USD 402.84 million in 2019 and is expected to reach a valuation of USD 948.60 million by 2026, growing at a 13.0% CAGR. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the coming years. The web scraper software market consists of major sub-segments, including general-purpose web crawlers, focused web crawlers, incremental web crawlers, and deep web crawlers. Focused web crawler is a hypertext system that seeks, acquires, indexes, and maintains pages on specific topics that represent a relatively narrow segment of the web. It is subject-specific and aims selectively at collecting web pages that are relevant to a given topic. The purpose of incremental deep web crawling is to select the correct query and obtain as many incremental records as possible while minimizing the communication cost. Incremental crawling is traditional...
Read more

Wireless Telecommunication Service Market Size Trends analysis, Key News, Size, Industry Share and Regional Forecast to 2027

  Wireless Telecommunication Service Market Size Scenario: According to Market Research Future (MRFR), the global Wireless Telecommunication Service Market Size is poised to reach approximately USD 1 BN by 2027, growing at a massive 32% CAGR throughout the review period (2020 to 2027). The global AI in telecommunication is growing continually. AI in telecommunication enables intelligent decision making to manage dynamic network traffic & resources and brings automation in the industry, allowing reduced operational cost and increased efficiency. The market growth attributes to increasing demand for autonomously driven network solutions. Besides, telecom networks expanding in size increase market demand. Digital transformation in various applications increases the use of AI-driven solutions in telecommunication. Additionally, the rising need for strategy and tools to collect and analyze a large amount of data among telecom service providers to provide attractive services a...
Read more

Data Center Cooling Market Growth Dynamics, Size, Business Opportunities and Industry Forecast to 2027

  Market Overview  Market Research Future (MRFR) expects the Data Center Cooling Market 2020 to record a CAGR of 14% between 2021 and 2027 (evaluation period). We will provide COVID-19 impact analysis with the report, along with all the key developments since the coronavirus disease outbreak. Key Boosters and Main Barriers  Data centers are observing high demand with the growing need for technologies that facilitate remote working during the lockdown period since the COVID-19 outbreak. The evolvement of the business environment in light of SARS-CoV-2 has accelerated the growth of digitization as well as cloud services, with more and more companies trying to enhance their digital infrastructure to cope with the changing working methods. With companies learning new techniques in terms of work from home as well as data accessibility has led to higher need for services and space in data centers, a trend that MRFR believes can gather more momentum as time passes. Sinc...
Read more