Global Embedded Analytics Market 2018-2022
About Embedded Analytics
Embedded analytics is a tool, which features pre-defined analytic content with integration capabilities, alongside business applications.
Technavio’s analysts forecast the global embedded analytics market to grow at a CAGR of 14.76% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global embedded analytics market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Embedded Analytics Market 2018-2022
Technavio recognizes the following companies as the key players in the global embedded analytics market: IBM, Microsoft, SAP, and SAS Institute.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is flourishing medical tourism industry globally. The global medical tourism industry is growing, owing to the presence of skilled healthcare professionals and doctors and availability of low-cost treatments. The medical tourism is expected to grow to $8 billion by 2020.”
According to the report, one driver in the market is increasing adoption of e-commerce. The global e-commerce market is expected to grow significantly during the forecast period. As many new players are entering the global e-commerce market, the need for advertising, data management, customer centricity, and decision making is increasing.
Further, the report states that one challenge in the market is threat from open-source business analytics vendors. The presence of many open-source business analytics vendors is one of the major challenges in the global embedded analytics market. Vendors such as Pentaho and Jaspersoft enable enterprises to use business analytics functionality free of cost.
IBM, Microsoft, SAP, and SAS Institute.