|By Business Wire||
|September 3, 2014 09:57 AM EDT|
Research and Markets (http://www.researchandmarkets.com/research/xsk4ss/global_data) has announced the addition of the "Global Data Analytics Outsourcing Market 2014-2018" report to their offering.
The Global Data Analytics Outsourcing market will grow at a CAGR of 30.14% over the period 2013-2018
Data analytics is the process that helps an organization to gain insights from large sets of data. It helps in comprehending the information hidden within the data and improve the business decision-making process. It provides insights about customer behaviour and market insights. Therefore, data analytics outsourcing is the process in which organizations employ service providers to perform analytics on their data. It increases organization's efficiency and also helps it to strategize its future course.
One potential trend emerging in the market is the emergence of social analytics which performs analysis based on consumer buying patterns and by collecting customer feedback. This helps in launching new products depending on customer needs, consequently increasing the revenue of enterprises.
According to the report, one of the major drivers in the market is the expansion of data. With the presence of a large amount of data, enterprises need data analytics to automatically track the performance and behavior of the information stored in their IT systems.
Further, the report states that the shortage of data scientists is one of the major challenges confronting this market. Performing data analytics requires professionals with good knowledge of all data analytics tools.
The Data Analytics Outsourcing market can be segmented in five segments:
- Retail and CPG
- Fractal AnalyticsTata Consultancy Services
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Outsourcing Destinations
- Market Size and Forecast
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/xsk4ss/global_data