Global Financial Analytics Market is accounted for $8.46 billion in 2020 and is expected to reach $22.01 billion by 2028 growing at a CAGR of 12.7% during the forecast period. Factors such as growing demand for cloud-based solutions and the development of big data are driving the growth of the market.
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By geography, North America is going to have high growth during the forecast period which can be attributed to the growing awareness about applications of analytics solutions.
Some of the key players profiled in the Financial Analytics Market include Microsoft Corporation, IBM Corporation, Oracle Corporation, Deloitte, Tableau Software, SAP SE , Hitachi Consulting, Hewlett-Packard Enterprise (HPE), Teradata Corporation, Symphony Teleca Services, Inc., Microstrategy, Rosslyn Analytics Limited, Information Builders, Fico, SAS, and Tibco.
Deployments Covered in Financial Analytics Market
• Cloud
• On-Premise
• Hybrid
Types Covered:
• Database Management System (DBMS)
• Query, Reporting and Analysis
• Data Integration Tools
• Analytical Solutions
• Online Analytical Processing (OLAP) and Visualization Tools
Components Covered:
• Software
• Solutions
• Services
Organization Sizes Covered:
• Small and Medium Enterprises
• Large Enterprises
Applications Covered:
• Payables Management
• Receivables Management
• Profitability Management
• Budgetary Control Management
• Wealth Management
• Governance, Risk, and Compliance Management
• General Ledger Management
• Fraud Detection and Prevention
• Customer Management
• Transaction Monitoring
• Operation Management
• Treasury Management
• Accounting and Financial Reporting
• Claim Management & Insurance Management
• Planning, Financial Forecasting and Budgeting
• Stock Management
End Users Covered:
• Banking, Financial Services and Insurance (BSFI)
• Government & Public Sector
• Retail and Ecommerce
• Pharmaceuticals
• Media and Entertainment
• Food & Beverages
• Transportation and Logistics
• Travel and Hospitality
• Manufacturing & Automotive
• Healthcare and Life Science
• Energy and Utilities
• Consumer Goods
• Telecommunication and Information Technology
• Education
• Real Estate
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