The Business Research Company’s latest report Big Data and Analytics Services Global Market Report 2020 covers Big Data and Analytics Services market drivers, Big Data and Analytics Services market trends, Big Data and Analytics Services market segments, Big Data and Analytics Services market growth rate, Big Data and Analytics Services market major players, and Big Data and Analytics Services market size. The report provides in-depth analysis of the impact of COVID-19 on the Big Data and Analytics Services industry, along with revised market numbers due to the effects of the coronavirus.
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Big Data and Analytics Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global big data and analytics market is expected to decline from $81.46 billion in 2019 and to $73.32 billion in 2020 at a compound annual growth rate (CAGR) of -10.0%. The decline in growth rate is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $102.44 billion in 2023 at CAGR of 11.80%.
The report covers the Big Data and Analytics Services market’s segments-
1) By Deployment Mode: On-Premise, Cloud, Others.
2) By Application: Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics, Others.
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