JERSEY CITY, NJ, January 17, 2022 /PRNewswire/ — Verified Market Research recently released a report, “Financial Analysis MarketBy type of deployment (on-premises, cloud), by type of solution (database management and planning, analytics and reporting), by end user (BSFI, healthcare, manufacturing) and by geography. According to verified market research, the global financial analytics market size was valued at $10.56 billion in 2020 and is expected to reach $25.38 billion by 2028, growing at a CAGR of 11.53% from 2021 to 2028.
Download the PDF brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=6336
Browse the table of contents in depth to “Financial Analysis Market“
202 – Pages
126 – Tables
37 – Numbers
Global Financial Analytics Market Overview
Financial analysis can be defined as an assessment of the viability and profitability of a business. Financial analysis is performed by professionals who use information from financial statements and other reports. One of the most important uses of Financial Analytics is to predict possible future financial scenarios. Financial analysis software is used for analysis to speed up the process and present data in an understandable way for clients. Advancements continue regarding business analytics tools along with increased adoption of cloud-based solutions act as drivers for market growth. Financial analysis requires significant investments and is affected by the changing environment. These factors may prevent the market from growing at a higher rate.
The ability of companies to maximize the potential of big data analytics for the telecommunications industry and the prospect of increased revenue for service providers through financial analytics is driving the growth of the market. However, the maintenance of financial analysis requires a large amount of maintenance and high complexity related to financial analysis makes it more difficult to obtain actionable insights and, therefore, these factors restrain the growth of the market financial analysis.
Ongoing technological advancements, growing need for cloud-based services, and growing demand for financial analytics solutions across various organizations and verticals will drive market research. In this economic environment characterized by increasing volatility, uncertainty and increasing risks, financial planning, management and forecasting solutions offer the user speed, agility and foresight on activities likely to compete better in the market. With these solutions, customers can better synthesize information, uncover market trends, and provide insights to improve decision-making across the enterprise, which is driving market growth.
- July 2020: Oracle announced Oracle Dedicated Region [email protected] for its customers. It is the industry’s first fully managed cloud region that brings all of Oracle’s public cloud services, including Oracle Autonomous Database and Cloud applications, to customers’ data centers.
- February 2020 – Microsoft opened a new data center region in Spain and expanded its strategic partnership with Telefónica to boost spain competitiveness. As part of their strategic partnership, the two companies will develop joint go-to-market plans in all countries where Telefónica operates.
The major market players are FICO, Hitachi Vantara, Information Builders, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rosslyn Analytics Limited, SAP SE, SAS Institute, and Teradata Corporation.
Verified Market Research has segmented the global financial analytics market on the basis of deployment type, solution type, end user, and geography.
- Financial Analytics Market, By Deployment Type
- Financial Analytics Market, By Solution Type
- Database management and planning
- Analysis and reports
- Financial Analytics Market, By End User
- Health care
- Financial Analytics Market by Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
Browse related reports:
Digital Lending Platform Market By Solution (Business Process Management, Loan Management, Loan Analytics), By Service (Design & Implementation, Risk Assessment, Consulting), By Deployment Mode (Cloud, On-Premise) , by vertical (banking, financial services, insurance), by geography, forecast, 2021-2028
Video Analytics Market By Type (Software & Services), By Application (Traffic Monitoring, Incident Detection, Facial Recognition, People/Crowd Counting), By Vertical (City Surveillance, Border Security, Education, banking, financial services), by geography, forecast, 2021-2028
In-Memory Analytics Market By Components (Software & Services), By Application (Financial Management, Supply Chain Optimization, Predictive Asset Management, Product & Process Management), By Organizational Size (Small & Medium Enterprises (SMEs) and Large Enterprises), by Industry Vertical (Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Retail and E-Commerce), by Geography, Forecast, 2021-2028
Location Analytics Market by Component (Solutions and Services), by Vertical (Retail, Manufacturing, Government, and Defense), by Geography, Forecast, 2021-2028
Top 5 Personal Finance Apps Manage User Wealth Properly
Visualize the financial analytics market using Verified Market Intelligence :-:
Verified market intelligence is our BI-enabled platform for the narrative storytelling of this market. VMI offers in-depth forecast trends and accurate insights on over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.
VMI provides a comprehensive overview and global competitive landscape with respect to region, country, and segment, as well as key players in your market. Present your market report and results with an integrated presentation function that saves you more than 70% of your time and resources for presentations to investors, sales and marketing, R&D and product development. products. VMI enables data delivery in Excel and interactive PDF formats with over 15 key market indicators for your market.
Verified Market Research is a leading global research and advisory firm serving over 5,000 clients. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We provide insight into strategic and growth analytics, the data needed to achieve business goals, and critical revenue decisions.
Our 250 analysts and SMEs offer a high level of expertise in data collection and governance use industry techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study over 14 categories across Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, automotive and transportation, information and communication technology, software and services, information security, mining, minerals and metals, construction. & construction, agricultural industry and medical devices from more than 100 countries.
Mr. Edwyne Fernandes
Verified Market Research®
USA: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US toll free: +1 (800)-782-1768
E-mail: [email protected]
Follow us: LinkedIn | Twitter
SOURCE Verified Market Research