Pune, India -- (SBWIRE) -- 05/21/2018 -- Insights as a service refers to a cloud-based service that provides insights to business corporations and also aids in providing the concrete steps that are required to leverage these insights towards achieving business goals.
The Global Insights-as-a-Service Market accounted for USD 1.44 billion in 2016 growing at a CAGR of 24.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Insights as a Service Market By Geography; Type (Descriptive, Predictive, Prescriptive); Deployment Model (Public, Private, Hybrid); Application; Organization Size; Vertical – Industry Trends and Forecast to 2024
Major Market Competitors:
· IBM Corporation,
· Capgemini,
· Accenture,
· Oracle,
· Deloitte Touche Tohmatsu India LLP,
· Dell Inc,
· NTT DATA Corporation,
· GoodData Corporation,
· Zephyr Health, Inc,
· Smart Focus
· others.
Company Share Analysis:
The report for Insights-as-a-Service Market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Market Definition:
Insights-as-a-service is a type of cloud services that specific data results. It essentially combines the idea of business intelligence with the concept of vendor-delivered cloud services and analytics. It is widely applicable in BFSI, government & defense, energy & utilities, healthcare, industrial manufacturing, media, retail & ecommerce, transportation & logistics, telecom & IT, and others. Increased need for customer management and increasing market competition may act as the major driver in the growth of insights-as-a-service market. On the other side, rising concern for data security may hamper the market
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Major Market Drivers & Restraints:
- Increased need for customer management
- Increasing market competition
- Emergence of IoT
- Rising big data
- Data security concern
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