Cloud analytics has evolved from the diffusion of data analytics and
cloud computing technologies. Cloud analytics is used in large, medium as well
as small enterprises. Recently cloud analytics market has observed a significant
growth. Cloud analytics solutions can be delivered through four delivery
models, public cloud, private cloud, hybrid cloud, and community cloud.
On the basis of solutions the cloud analytics market can be
categorized into seven segments including hosted data warehouse solutions,
cloud business intelligence tools, analytics solutions, governance, risk and
compliance, enterprise performance management, enterprise information
management, and complex event processing. Analytics solutions can be further
segmented into predictive analytics, machine analytics, web analytics, speech
analytics, text analytics, video analytics, and spatial analytics.
One of the major driving factors for cloud analytics market is the
exponential growth of unstructured and structured data. Businesses use cloud
analytics solutions to deal with such huge amount of data and drawing inference
out of them. However, global economic slowdown will act as a restraining force
the growth of this market.
North America is the market leader and is expected to witness highest
growth over the next five years. The growth is attributed to the high degree of
industrialization and growing use of software solutions in business activities.
Asia-Pacific, with its rapidly growing industrial sectors and flourishing
economy is a promising market and is expected to show the substantial growth in
this market.
Some of the key players operating in this market include Vmware, Inc.,
Tibco Software, Teradata, Tableau Software, Sas Institute Inc., SAP, Rackspace,
Qlik Tchnologies Inc., Pivotlink, Panorama Software, Oracle Corp., Newvem, Microstrategy,
Microsoft Corp., Kognitio, Jaspersoft, Information Builders, Informatica, Infor
Global Solutions inc., Indicee, Inc., IBM, Host Analytics, Hewlwtt-Packard
Development Company, LP., Google Inc., Gooddata Corporation, Cloud9 Analytics,
Birst, Bime, Adaptive Planning, and Actuate Corporation among others.
Download PDF: Cloud Analytics Market
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
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