Awesome Things You Can Learn From Studying Analytics Market Size.




The global analytics market size is expected to grow at a CAGR of 14.61% during the forecast period. Based on end-user, the global analytics market has been segmented into BFSI, manufacturing, retail, healthcare, and others. 

Major factors driving the global analytics market in the BFSI sector include complete digitization of core processes, adoption of customer-centricity, and generation of a huge amount of content across the sector. The BFSI sector uses analytics software and services for applications such as customer analytics, financing, risk management, sales management, web analytics, and HR management. Content management is the key to achieve a competitive advantage in the market. 

Additionally, increased focus on the improvement of customer service across platforms and regions, superior workflow by automation of core and allied activities with transaction ranging from deposits to lending and leasing, reduction of processing costs while attaining operational competence, and supervisory compliance drive the BFSI segment, which, in turn, contributes to the growth of the global analytics market size during the forecast period. 

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