Information & Communication Technology

Data Analytics Outsourcing Market Witness High Demand During by 2030

Data Analytics Outsourcing Market

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Data Analytics Outsourcing Market was valued at USD 7.90 billion in 2022, and is projected to reach USD 65.34 billion by 2032 at a CAGR of 25.0% from 2022 to 2032. 

Data analytics outsourcing is used across a wide range of industries, including healthcare, finance, retail, and manufacturing. It can be used for a variety of tasks, such as customer segmentation, marketing analysis, risk assessment, and predictive modeling. By outsourcing these tasks to specialized service providers, companies can gain insights into their operations and customers, identify areas for improvement, and make data-driven decisions to optimize their business processes.
The adoption of data analytics outsourcing has been increasing steadily in recent years, driven by the growing volume of data being generated by businesses and the increasing demand for insights from that data.
The adoption of data analytics outsourcing is also being driven by the increasing availability of cloud-based analytics tools and services, which allow companies to access data analytics capabilities without having to invest in expensive hardware or software. Additionally, the trend towards digital transformation in many industries is leading to a greater focus on data-driven decision making, which is further driving the adoption of data analytics outsourcing.
The increasing volume of data generated by businesses and the need for data-driven decision making are driving the growth of the data analytics outsourcing market.

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Company Profiles:
• Accenture
• IBM Corporation
• Cognizant Technology Solutions Corporation
• Capgemini SE
• Wipro Limited
• Infosys Limited
• Tata Consultancy Services Limited
• HCL Technologies Limited
• Genpact Limited
• DXC Technology Company
• Fractal Analytics Inc.
• Mu Sigma Inc.
• EXL Service Holdings, Inc.
• NTT Data Corporation
• ZS Associates, Inc.

Segmentation:
By Type
• Descriptive
• Predictive
• Prescriptive
By Industry Vertical
• BFSI
• Telecom
• Retail
• Healthcare
• Media & Entertainment
• Others 

Geography:
The data analytics outsourcing market is a global market, with service providers operating in various regions around the world. However, North America is currently the largest market for data analytics outsourcing, due to the high adoption rate of advanced technologies and the presence of a large number of established service providers in the region. Europe is also a significant market, with countries such as the UK, Germany, and France driving growth in the region. The Asia-Pacific region is expected to see significant growth in the coming years, due to the increasing adoption of digital technologies and the growing need for data analytics services in emerging markets such as India and China.

 

The report has helped our clients:

  • To describe and forecast the Market size, on the basis of various segmentations and geography, in terms of value and volume
  • To measure the changing needs of customers/industries
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the Market
  • To gain competitive intelligence and uncover new opportunities
  • To analyse opportunities in the Market for stakeholders by identifying high-growth segments in Market
  • To strategically profile key players and provide details of the current competitive landscape
  • To analyse strategic approaches adopted by players in the Market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

For more information about this report visit https://analyticsmarketresearch.com/reports/data-analytics-outsourcing-market/76712/

Frequently Asked Questions About This Report

  • How big is the Market?
  • What is the Market growth?
  • Which segment accounted for the largest Market share?
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