The new report by Expert Market Research titled, ‘Global Cloud Analytics Market Price, Trends, Growth, Analysis, Report and Forecast 2021-2026’, gives an in-depth analysis of the global cloud analytics market, assessing the market based on its segments like product, material, application, end use and major regions.
The sample report shall be delivered to you within 24 hours.Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/cloud-analytics-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)• Historical Market Size (2020): USD 23.8 Billion• Forecast CAGR (2021-2026): 22%• Forecast Market Size (2026): USD 78.5 BillionThe improvement in network speed and bandwidth with the expansion of 5G internet connectivity will augment the demand for cloud analytics market.
The inspection of fraud with the help of text analytics will also propel the growth of cloud analytics industry.Industry Definition and Major SegmentsCloud analytics is the service which is used for analysis of large data in unstructured form to extract the useful material and sort the information in a manner that is easy to use.
This eradicates the need for setting up special IT infrastructure for the data analysis and computation.Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/cloud-analytics-marketOn the basis of solution, the industry is categorised into:• Cloud Bi Tools• Hosted Data Warehouse Solutions• Complex Event Processing• Enterprise Information Management• Enterprise Performance Management• Governance, Risk, and Compliance• Analytics SolutionsBased on deployment mode, cloud analytics is classified into:• Public Cloud• Private Cloud• Hybrid CloudThe industry is segmented on the basis of organisation size into:• Small and Medium-Sized Enterprises• Large EnterprisesBased on vertical, the cloud analytics is categorised into:• Telecommunications and IT• Energy• Media and Entertainment• Government• Research and Education• Retail and Consumer Goods• Banking, Financial Services, and Insurance• Healthcare and Life Sciences• Manufacturing• OthersThe report also covers the regional cloud analytics markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.Market TrendThe introduction of new and innovative technologies is boosting the demand for cloud analytics market.
The remote storage with cloud analytics eliminates the resources for huge data storage requirements for organizations.
The key players have been actively investing to improve their services and increase the market for cloud analytics.Key Market PlayersThe major players in the market are IBM Corporation, Oracle Corporation, Google LLC, Microsoft Corporation, SAP SE, Hewlett-Packard Development Company, L.P., and Salesforce.com, Inc., among others.