Brazil data analytics market is
expected to grow at a substantial rate during the forecast period. The growth
in data analytics market can be accredited to various factors such as need to
enhance the business efficiency coupled with growing utility of IoT analytics,
big data analytics and SaaS based analytics in numerous end-user industries
like BFSI, sports, retail, and healthcare. In addition to this, rise in
touchpoint along with the requirement for data collection to understand
consumer behaviour is forecast to supplement the market growth through 2026.
The Brazil data analytics market
is segmented based on component, deployment, organization size, end-user
industry, region and company. Based on end-user industry, the market can be
segmented into BFSI, government & defense, energy & utilities, retail
& e-commerce and others.
Out of which, the BFSI segment is anticipated to register high growth during
the forecast years, which is attributable to rising adoption of advanced
financial analytics solutions by major organizations that are operating under
BFSI vertical due to enhanced regulatory compliance processes. Also, the retail
and e-commerce segment are estimated to grow at a high pace over the coming
years. This high growth can be attributed to the high inclination of customers
towards tailored and personalized shopping experience. Moreover, rapid technological
advancements such as augmented reality, artificial intelligence, and machine
learning are further expected to drive the segment growth in the country.
Major players operating in the
Brazil data analytics market include Oracle do Brasil Sistemas Ltda, Atos
Origin Brasil Ltda, IBM Brasil-Industria Maquinas e Servicos Ltda, Hewlett-Packard
Brasil Ltda, and others. The companies are adopting various competitive
strategies including mergers & acquisitions in order to increase their
customer bases and expand their geographic reach.
Years considered for this report:
Historical Years: 2016–2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the
Study:
- To analyze and forecast the market size of Brazil
data analytics market.
- To classify and forecast Brazil data analytics
market based on component, deployment, organization size, end-user
industry and regional distribution.
- To identify drivers and challenges for Brazil data
analytics market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Brazil
data analytics market.
- To conduct pricing analysis for Brazil data
analytics market.
- To identify and analyze the profile of leading
players operating in Brazil data analytics market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of service providers across the region. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, distribution channels and presence of all
major players across the region.
TechSci Research calculated the market size of Brazil data analytics market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Data analytics service
providers, vendors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to data analytics
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Brazil data
analytics market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- Brazil Data Analytics Market, By Component:
- Brazil Data Analytics Market, By Deployment:
- Brazil Data Analytics Market, By Organization Size:
o Small
and Medium Enterprises
o Large
Enterprises
- Brazil Data Analytics Market, By Type:
o Small
and Medium Enterprises
o Large
Enterprises
- Brazil Data Analytics Market, By Type:
o Prescriptive
o Descriptive
o Predictive
- Brazil Data Analytics Market, By Application:
o Enterprise Resource Planning
o Supply Chain Management
o Human Resource Management
o Database Management
o Others
·
Brazil Data Analytics Market, By Regions:
o North
o Northeast
o South
o Midwest
o Southeast
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Brazil data analytics market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]