|
(MoneyNewsWire.Net, November 04, 2016 ) The global financial analytics market is driving on enhanced technologies in Business Intelligence (BI) and business analytics, high data intensity, competitive differentiator, and increased focus on data transparency. Financial analytics is a part of BI and business analytics market that focuses on finance function across organizations. Increased complexity in financial analysis, growing demand for cloud analytics, increased financial risks and frauds created huge opportunities for financial analytics. Analytics vendors, data integration solution and visualization tools, and database management providers and new start-ups are entering into the market through acquisitions, new innovations, and partnerships. Financial analytics helps end users to do ad-hoc analysis as well as planned analysis of financial data to solve the specific business problems and estimates the future financial scenarios.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1303
MarketsandMarkets has broadly segmented the financial analytics market by types: database management system, data integration tools, query, reporting and analysis, Online Analytical Processing (OLAP) and visualization tools, analytical tools, consulting and support services, and others; by applications: asset and liability management, budgetary control management, general ledger management, payable management, receivable management, profitability management, governance, risk, and compliance management; by deployment type:on-premise and on-demand; by organization size: Small and Medium Businesses (SMBs) and enterprises; by verticals: Banking, Financial Services and Insurance (BFSI), consumer goods and retail, healthcare and life science, government, manufacturing, transportation and logistics, travel and hospitality, telecommunication and Information Technology (IT), media and entertainment, public sector, energy and utilities; by regions: North America (NA), Europe, Latin America (LA), Asia Pacific (APAC), and Middle East and Africa (MEA).
MarketsandMarkets believes that the huge number of business dimensions and security concern are the major issues in the financial analytics market. These challenges are restraining the enterprises and customers to adopt financial analytics to support a wide range of applications such as asset and liability management, budgetary control management, general ledger management, payable management, receivable management, profitability management, governance, risk, and compliance management.
The financial analytics market is estimated to grow from $3.65 billion in 2013 to $6.65 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 12.9% from 2013 to 2018. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while emerging economies such as Middle East and Africa (MEA), and Latin America (LA) and Asia-Pacific (APAC) are expected to experience increased market traction with high CAGRs, in the due course.
For More Information http://www.marketsandmarkets.com/Market-Reports/financial-analytics-market-1303.html
About MarketsandMarkets
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
MarketsandMarkets
Mr. Rohan
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
|
