The global big data analytics in BFSI market size is expected to reach USD 86.68 Billion in 2027 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing focus to improve customer lifecycle in the BFSI industry, growing demand for early fraud detection in the BFSI industry, rising data volume generated by the capital market due to trading and transactions is resulting in high demand for big data analytics solutions. These factors are expected to continue to boost growth of the global big data analytics in BFSI market over the forecast period.
However, data safety issues related to big data analytics solutions are associated risks and concerns are factors expected to restrain growth of the global big data analytics in BFSI market to some extent during the forecast period.
To know more about the report, click here @ https://www.emergenresearch.com/industry-report/big-data-analytics-in-bfsi-market
The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others.
Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
SAP SE, Oracle Corporation, Accenture plc, Alteryx Inc, International Business Machines Corporation, BigPanda, Inc., Nimbix, Inc., Gainsight, Inc., Fractal Analytics Inc., and Salesforce.com, Inc.
Emergen Research has segmented the global big data analytics in BFSI market on the basis of type, delivery, application, end-use, and region.
- Type Outlook (Revenue, USD Billion; 2020–2027)
- Descriptive Analytics
- Diagnostic Analytics
- Predictive Analytics
- Prescriptive Analytics
- Delivery Outlook (Revenue, USD Billion; 2020–2027)
- Application Outlook (Revenue, USD Billion; 2020–2027)
- Customer Relationship Management (CRM)
- Fraud Detection
- Risk Management
- Operation Optimization
- Customer Analytics
- End-use Outlook (Revenue, USD Billion; 2020–2027)
- Insurance Companies
- Capital Market
Detailed Regional Analysis covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Big Data Analytics in BFSI market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
Thank you for reading our report. To know more about the customization of the report, please get in touch with us, and our team will ensure the report is suited to your requirements.
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.