Asia-Pacific Cloud Analytics Market is Expected to Reach $4,541.0 million in 2019 - New Report by MicroMarket Monitor
(PRWEB) September 27, 2014 -- The Asia-Pacific Cloud Analytics market report defines and segments the concerned market in Asia-Pacific with analysis and forecast of revenue. This market is estimated to grow from $1,038.9 million in 2014 to $4,541.0 million by 2019, at a CAGR of 34.3% from 2014 to 2019.
Browse through the TOC of the Asia-Pacific Cloud Analytics market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/asia-pacific-cloud-analytics-4225632637.html
The exponential growth in big data has fueled the demand for efficient business analytics solutions for the purpose of decision making and strategy formation. Traditional solutions are complex to deploy and difficult to manage, which has led to the emergence of user friendly cloud based analytics solutions. Cloud analytics is a cloud-enabled service model that allows an organization or individual to perform business analysis by providing the analytics elements through public, private, and hybrid cloud. The solutions such as business intelligence (BI) tools, hosted data warehouse, complex event processing, and enterprise performance management reduces the deployment time considerably, with less storage space and high processing capacity. Cloud analytics services work similar to that of typical data analytics services, and provide almost similar features, but cloud analytics integrates some or all of the service models of cloud computing in delivering solutions which makes it different and lucrative.
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The traditional business analytics solutions which have been implemented in various enterprises in Asia-Pacific are complex, expensive, and require ample amount of time for deployment. The emergence of cloud analytics has developed new opportunities for both new start-ups and seasoned players, to provide cloud based BI solutions to all types of organizations. Cloud analytics services are quickly gaining ground in Asia-Pacific as they simplify the entire process of business analytics. The key players of this market are IBM, Oracle, SAP, SAS, and Salesforce.
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The Asia-Pacific cloud analytics market is segmented and forecast on the basis of Solutions, such as Cloud BI Tools, Hosted Data Warehouse Solutions, Complex Event Processing, Enterprise Information Management, Enterprise Performance Management, Cloud Analytics Solutions, and Cloud Analytics Governance, Risk and Compliance. The market is further segmented on the basis of End-users, such as Enterprises, Small Business, and Medium Business. The Asia-Pacific Cloud Analytics market has also been segmented on the basis of the major countries in this region, such as the Japan and others.
The report includes market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Related Reports:
North America Cloud Analytics Market
The North American cloud analytics market is expected to grow from $3,813.6 million in 2014 to $11,670.7 million by 2019, at an estimated CAGR of 25.1%, during the forecast period. The drivers for the North American market include utility enhancement in multiple domains, constant growth in big data, and effortless installment.
Cloud analytics is mainly a cloud-enabled solution that allows an organization or individual to perform business analysis or intelligence procedures. These solutions and services are delivered through cloud models, such as hosted data warehouses, SaaS business intelligence (BI) and social media analytic products powered by the cloud. Cloud analytics services work similar to a typical data analytics service, providing similar features and capabilities. The only difference is that cloud analytics integrates some or all of the service models of cloud computing in delivering that solution.
http://www.micromarketmonitor.com/market/north-america-cloud-analytics-6563529121.html
Latin America Cloud Analytics Market
The Latin American cloud analytics market is expected to grow from $194.6 million in 2014 to $698.8 million by 2019, at an estimated CAGR of 29.1%, during the forecast period. The drivers for the Latin American market include utility enhancement in multiple domains, constant growth in big data, and effortless installment.
Cloud analytics is mainly a cloud-enabled solution that allows an organization or individual to perform business analysis or intelligence procedures. These solutions and services are delivered through cloud models, such as hosted data warehouses, SaaS business intelligence (BI) and social media analytic products powered by the cloud. Cloud analytic services work similar to a typical data analytics service, providing similar features and capabilities. The only difference is that cloud analytics integrates some or all of the service models of cloud computing in delivering that solution.
Latin America is one of the emerging cloud analytics market, among regions. Cloud analytics market is driven due to its cost effective and easy to install nature, and the growth in big data. Apart from these, conventional business analytics solutions are also one of the drivers for the cloud analytics market. Old business solutions are very intricate to work and consume a lot of deployment time whereas, cloud analytics solutions are easy to use, saves time, and is being adopted by all types of organizations (small, medium, and large).
http://www.micromarketmonitor.com/market/latin-america-cloud-analytics-2907855439.html
Europe Cloud Analytics Market
The European cloud analytics market is expected to grow from $1,482.0 million in 2014 to $4,052.9 million by 2019, at an estimated CAGR of 22.3%, during the forecast period. The drivers for the European market include utility enhancement in multiple domains, constant growth in big data, and effortless installment.
Cloud analytics is mainly a cloud-enabled solution that allows an organization or individual to perform business analysis or intelligence procedures. These solutions and services are delivered through cloud models, such as hosted data warehouses, SaaS business intelligence (BI) and social media analytic products powered by the cloud. Cloud analytics services work similar to a typical data analytics service, providing similar features and capabilities. The only difference is that cloud analytics integrates some or all of the service models of cloud computing in delivering that solution.
The cloud analytics market adoption rate is growing gradually in Europe, due to its driving utilities in various domains such as healthcare, banking, financial services, insurance (BFSI), telecommunication, and so on. Also, its easy installation feature reduces the related market costs and supports the business for opportunity cost.
http://www.micromarketmonitor.com/market/europe-cloud-analytics-8834438927.html
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