financial analytics Market

MARKET INTRODUCTION

Financial analytics allows users to focus on business functions across organizations. Financial analytics also offers better visibility into factors that drive revenues, costs, and shareholder values. Additionally, financial analytics assists them in performing planned and ad-hoc analysis of financial data to find out effective solutions for business problems. An increase in demand for cloud-based services, technological advancements, and the need for analytics solutions among end-users drive the global financial analytics market.

MARKET DYNAMICS

Focus on minimizing planning and budgeting cycles, more awareness about applications of financial analytics solutions, and the rise of digital transformation initiatives are some significant factors driving the growth of the financial analytics market. However, privacy and issues related to data security are some of the major factors which may restrain the growth of the financial analytics market. Moreover, the increase in the adoption of advanced storage capabilities, pervasive computing devices, and new analytic tools is anticipated to create new opportunities for the financial analytics market.

MARKET SCOPE

The "Global Financial Analytics Market Analysis to 2028" is a specialized and in-depth study of the financial analytics market with a special focus on the global market trend analysis. The report aims to provide an overview of financial analytics market with detailed market segmentation by component, deployment type, application, industry vertical. The global financial analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading financial analytics market players and offers key trends and opportunities in the financial analytics market.

MARKET SEGMENTATION

The global financial analytics market is segmented on the basis of component, deployment type, application, industry vertical. On the basis of component, the market is segmented as solutions, services. On the basis of deployment type, the market is segmented as on premise deployment, cloud deployment, hybrid deployment. On the basis of application, the market is segmented as payable management, receivable management, budgetary control management, asset and liability management, others. On the basis of industry vertical, the market is segmented as BFSI, IT and telecommunication, government, retail and consumer goods, others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global financial analytics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The financial analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting financial analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Financial analytics market in these regions.

MARKET PLAYERS

The reports cover key developments in the financial analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from financial analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for financial analytics market. Below mentioned is the list of few companies engaged in the financial analytics market.

The report also includes the profiles of key financial analytics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Deloitte Touche Tohmatsu Limited
- Fair Isaac Corporation (FICO)
- Hitachi Consulting Corporation
- Information Builders
- Microsoft Corporation
- SAP SE
- SAS Institute Inc.
- Tableau Software Inc.
- Teradata Corp
- TIBCO Software Inc.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.