(MoneyNewsWire.Net, April 22, 2017 ) According to Publisher, the Global Financial Analytics market is projected to reach $10.34 billion by 2022 growing at a CAGR of 12.2% during the forecast period. Some of the key drivers for the market growth include gradually increasing data intensity and utilization of financial analytics as a tool for competitive differentiation. However, safety measures and huge number of business proportions are the principal obstructions in the financial analytics market. Arrival of cloud computing has pushed the financial planning to a novel level and is anticipated to have long term impact on the financial analytics market.
For more information about this report: http://www.reportsweb.com/financial-analytics-global-market-outlook-2016-2022 BFSI segment is expected to hold the largest market share during the forecast period. North America is expected to acquire the largest market share in the global market during the forecast period. Early adoption and high acceptance by several SME's and large enterprises are some of key factors contributing to market growth in this region. APAC is anticipated to grow at the highest CAGR which can be attributed to favourable government initiatives and increasing demand for information storage in emerging countries such as India and China.
Some of the key players in global market include Oracle Corporation, Microsoft, IBM Corporation, SAP, Information Builders, Deloitte, SAS, Hitachi Consulting, Tibco, Microstrategy, Fico, Teradata Corp, Symphony Teleca, Tableau Software, Rosslyn Analytics and Thomson Reuters.
Organization Size Covered: - Small and Medium Enterprises (SMES) - Large Enterprise
Deployment Types Covered: - On-Demand - On-Premises
Analytics Types Covered: - Analytical Solutions - Consulting and Support Services - Data Integration Tools - Database Management System (DBMS) - Online Analytical Processing (OLAP) and visualization tools - Query, Reporting and Analysis - Other types
Applications Covered: - Liability Management - General Ledger Management - Receivables Management - Budgetary Control Management - Payables Management - Governance, Risk and Compliance (GRC) Management - Profitability Management - Other Applications
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End Users Covered: - Banking, Financial Services, and Insurance (BFSI) - Consumer Goods and Retail - Defence and Government - Government - Healthcare and Life Science - IT and Telecom - Manufacturing - Media and Entertainment - Public Sector, Energy and Utilities - Transportation and Logistics - Travel and Hospitality - Other End Users
Regions Covered: - North America US Canada Mexico - Europe Germany France Italy UK Spain Rest of Europe - Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific - Rest of the World Middle East Brazil Argentina South Africa Egypt
Company Profiling 12.1 Oracle Corporation 12.2 Microsoft 12.3 IBM Corporation 12.4 SAP 12.5 Information Builders 12.6 Deloitte 12.7 SAS 12.8 Hitachi Consulting 12.9 Tibco 12.10 Microstrategy 12.11 Fico 12.12 Teradata Corp 12.13 Symphony Teleca 12.14 Tableau Software 12.15 Rosslyn Analytics 12.16 Thomson Reuters
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