New York, NY -- (SBWIRE) -- 02/11/2020 -- Industry Insights:

Analytics as a service (AaaS) is a part of wide range of services that include Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). All these models have one common factor that replaces conventional on-premise systems with web-based systems. Businesses can use services offered by providers to access a remote analytics platform for a regular fee instead of developing a large internal warehouse full of software. AaaS provides a set-up that allows clients to use a specific analytics software as per requirement and it can be less labor intensive and more cost effective as compared to the traditional services.

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Global Analytics as a Service (AaaS) market research report identifies the key impacting factors for the industry growth to help the market players with the planning of profitable strategies. The report mentions about the consumer requirements in the previous years and insights on current consumer requirements. This will help the manufacturers to get the exact picture of prevailing demand in the market and plan their production accordingly. Industry players can also plan innovations in the existing products or technologies, research activities, investment, and distribution channel with respect to the growing need of end users. The study also helps the suppliers and marketing executives to plan strategies and policies for increasing their clients in the near future.

Rise in acceptance of social media applications and continuous increase in demand for progressive technologies to process increased workload through cloud fuel the growth of the analytics-as-a-service market. In addition, increase in adoption of data analytics is also one of the major factors that drives the growth of the market. However, rise in data and security concerns along with complex analytical workflow are expected to hamper the growth of the market. Moreover, lower cost of ownership is expected to provide opportunities for the growth of the market in the upcoming years. Furthermore, increase in data volume across various industry verticals and rise in practice of machine-generated data are expected to provide major opportunities for the growth of the analytics-as-a-service market in the next few years.

The global Analytics as a Service (AaaS) market is segmented on the basis of component, analytics type, deployment type, industry vertical, and region. Based on component, the market is bifurcated into solutions and services. Based on analytics type, the market is divided into predictive analytics, prescriptive analytics, diagnostic analytics, descriptive analytics. Based on deployment type, the market is classified into private cloud, public cloud, hybrid cloud. Depending on industry vertical, the market is segmented into BFSI, retail, government, IT & telecommunication, transportation & logistics, manufacturing, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report includes profiles of the key players operating in the market analysis. These include Amazon Web Services (AWS), Good Data Corporation, Google, Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP, SAS Institute Inc., and TIBCO Software Inc.

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Key Market Players Profiled In the Report
Amazon Web Services, Inc.
GoodData Corporation
Google LLC
Hewlett Packard Enterprise Development LP
International Business Machines Corporation
Microsoft
Oracle
SAP
SAS Institute
TIBCO Software Inc.

Table of Content:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Analytics As A Service (Aaas) Market, By Component
Chapter 5: Global Analytics As A Service (Aaas) Market, By Analytics Type
Chapter 6: Global Analytics As A Service (Aaas) Market, By Deployment Type
Chapter 7: Global Analytics As A Service (Aaas) Market, By Industry Vertical
Chapter 8: Global Analytics As A Service (Aaas) Market, By Region
Chapter 9: Competitive Landscape
Chapter 10: Company Profiles

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