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Data Analytics Outsourcing Market (By Type – Descriptive, Predictive, Prescriptive. By Application – Sales Analytics, Marketing Analytics, Finance & Risk Analytics, Supply Chain Analytics, Others. By End-Use – BFSI, Telecom, Retail, Healthcare, Media & Entertainment, Manufacturing, Others. By Geography – North America, Latin America, Europe, Asia Pacific, Middle East and Africa.) - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.

Published Date : January 2021 | Report Id : TECIT 161 | Format : PDF, PPT | Slides : 150
Report Type : Syndicate Report

The Global Data Analytics Outsourcing Market was $31.1 Bn in 2020, and it is expected to reach $XX Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 30.6% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. This market has experienced considerable growth in the past few years and this is mainly because of the emergence of social analytics along with the rapid increase in the volumes of user data. Besides this, there has been an increase in the usage of social media that in turn has led to a high amount of data. Hence if there is a reduction in the data storage prices it will further help to accelerate the growth of this market during the forecasted period.

Global Data Analytics Outsourcing Market is Estimated To Witness Remarkable Growth

Data Analytics Outsourcing Market

Source: SAI Research

The Global Data Analytics Outsourcing Market has been segmented into Type, Application, End-Use. By Type – Descriptive, Predictive, Prescriptive. By Application – Sales Analytics, Marketing Analytics, Finance & Risk Analytics, Supply Chain Analytics, Others. By End-Use – BFSI, Telecom, Retail, Healthcare, Media & Entertainment, Manufacturing, Others. The BFSI segment is expected to dominate the market during the forecasted period.

By Region, North America Is Holding The Largest Market Share

The Global Data Analytics Outsourcing Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. in addition to this North America, Global Data Analytics Outsourcing Market is holding the largest market share at present and is expected to witness remarkable growth during the upcoming forecasted period. this region holds the largest share mainly because of the growing adoption of advanced digital technologies by the end-user of this region which in turn have led to a large amount of data. Besides this increased amount of data from different departments will further help to accelerate the growth of this market during the forecasted period. Besides this Asia Pacific is also expected to witness remarkable growth during the forecasted period.

Major Players In Global Data Analytics Outsourcing Market

Some of the major players in the Global Data Analytics Outsourcing Market include Accenture PLC, Capgemini SE, Cognizant Technology Solutions Corp., Genpact Ltd., Gramener, IBM Corporation, Infosys Ltd., Mu Sigma Inc., Tata Consultancy Services Ltd., Wipro Ltd., ZS Associates Inc.

The Global Data Analytics Outsourcing Market Has Been Segmented Into:

Global Data Analytics Outsourcing Market, By Type

  • Descriptive
  • Predictive
  • Prescriptive

Global Data Analytics Outsourcing Market, By Application

  • Sales Analytics
  • Marketing Analytics
  • Finance & Risk Analytics
  • Supply Chain Analytics
  • Others

Global Data Analytics Outsourcing Market, By End-Use

  • BFSI
  • Telecom
  • Retail
  • Healthcare
  • Media & Entertainment
  • Manufacturing
  • Others

Global Data Analytics Outsourcing Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America, Middle East & Africa
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA
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