On-Premises Segment to Lead United States Embedded Analytics Market Through 2025
Rise of data-driven
organizations and growing awareness regarding value of analytics across
business applications to propel the growth of United States embedded analytics
market
According to
TechSci Research report, “United
States Embedded Analytics Market By Component, By Deployment Mode, By Organization,
By Analytics Tool, By Application, By End User Industry, Competition, Forecast & Opportunities, 2025” the United States embedded analytics market is witnessed
to grow at a formidable CAGR during the forecast period. The surging demand for
Internet of Things (IoT), Industrial Internet of Things (IIoT), along with big
data have resulted in generation of huge amounts of data generation in the organizations.
This multi-disciplinary generated data requires efficient processing and management
for which embedded analytics is preferred, which is anticipated to give a
healthy push to the market growth over the coming years. Moreover, surging demand
for connected electronics devices has increased multidisciplinary data, thereby
propelling the demand of embedded analytics, which in turn is projected to boost
the growth of United States embedded analytics market through 2025. However,
the factor that might act as a major impediment to the growth of United States embedded
analytics market during the forecast period is the huge expenditure incurred
for its replacement.
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The United
States embedded analytics market is segmented based on component, deployment mode,
organization, analytics tool, application, end user industry, region and
company. In terms of deployment mode, the market can be segmented into on-premise
and cloud. Out of which, the on-premises segment is forcasted to hold a
substantial share of the market during forecast years on account of its
preference by large scale organizations for absolute security. Based on end
user industry, the market is segregated into BFSI, IT & telecom, retail and
consumer goods, government, energy and utilities, media and entertainment, healthcare
and others. Among them, the healthcare sector is estimated to register highest
growth over the coming years in order to improve care quality and patient
satisfaction while reducing costs through more efficient delivery.
Microsoft Corporation,
IBM, SAS Institute, Oracle Corporation, MicroStrategy Incorporated, Tableau,
TIBCO Software, Birst, Logi Analytics and QlikTech International and others are some of the
leading players operating in United States embedded analytics market.
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“The United States
embedded analytics market is projected to grow rapidly during the forecast
period due to rapid advancements in technology, increasing awareness of the
value of analytics in business applications and presence of numerous prominent
market companies, such as Microsoft, IBM, etc.in the country. In addition to
this, surging demand for advanced analytical techniques for business data within
small and medium enterprises also is anticipated to fuel the growth of United
States embedded analytics market through 2025.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“United States Embedded Analytics Market By Component,
By Deployment Mode, By Organization, By Analytics Tool, By Application, By End
User Industry, Competition, Forecast
& Opportunities, 2025” has evaluated
the future growth potential of United States embedded analytics market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in United States embedded analytics market.
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