The Global Financial Analytics Market is Predict to reach $17.1 Billion by 2028, at a CAGR of 11.3%

Published Date: 31-May-2022

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Financial Analytics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Financial Analytics Market size is expected to reach $17.1 billion by 2028, rising at a market growth of 11.3% CAGR during the forecast period.

The Solution segment acquired maximum revenue share in the Global Financial Analytics Market by Component in 2021, thereby, achieving a market value of $11.5 billion by 2028. Financial planning, management, and predicting solutions provide the user with quickness, flexibility, and insight about the firm to effectively compete in the market in this economic context of rising volatility, expanding uncertainty, and risk. Clients can better synthesize information, find industry trends, and convey insights to enhance decision-making across the company with these solutions, which is the market's driving force.

The Cloud segment is showcasing a CAGR of 11.8% during (2022 - 2028). Because the majority of businesses want to improve their financial performance, cloud-based solutions are essential because it has lower operational, maintenance, and installation expenses. Due to the customizable solutions and simplicity of adoption, developing economies are expected to grow faster in the financial analytics market. Financial analytics solution providers are cooperating with large cloud service providers like AWS, IBM, and Google in order to expand their customer base and capacities.

The Large Enterprises segment is leading the Global Financial Analytics Market by Organization Size in 2021, thereby, achieving a market value of $10.9 billion by 2028. With a large client base, large corporations create massive amounts of data. To preserve a competitive advantage over other players, businesses are focusing on their fundamental strengths and competencies. This strategic goal necessitates the use of financial analytics tools. Financial analytics solutions give detailed information that can be used to evaluate the performance of various organizational departments and teams. Multinational banks and financial organizations also require assistance in managing a variety of country-specific compliance obligations.

The Manufacturing segment has shown growth rate of 12.3% during (2022 - 2028). In manufacturing industries, the requirement is to find out the quantity of goods to be manufacture, considering the level of demand from various region and other demographics. The financial analytics software is of great significance for manufacturing industries due to the regular requirement of maintaining the financial records of goods manufactured at a given period of time.

The North America market dominated the Global Financial Analytics Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.6 billion by 2028. The Europe market is estimated to grow at a CAGR of 10.5% during (2022 - 2028). Additionally, The Asia Pacific market would experience a CAGR of 13% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tibco Software, Inc. (Vista Equity Partners), Rosslyn Data Technologies, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Teradata Corporation, SAP SE, Oracle Corporation, Microsoft Corporation, IBM Corporation, Deloitte Touche Tohmatsu Limited, and Hitachi Vantara LLC (Hitachi Ltd.)

Global Financial Analytics Market Segmentation

By Component

  • Solution
  • Services

By Deployment Model

  • On-premise
  • Cloud

By Organization Size

  • Large Enterprises
  • Small & Medium-sized Enterprises (SMEs)

By Vertical

  • BFSI
  • Manufacturing
  • Government & Public Sector
  • Telecom & IT
  • Retail & Ecommerce
  • Healthcare & Life Sciences
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Tibco Software, Inc. (Vista Equity Partners)
  • Rosslyn Data Technologies
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
  • Teradata Corporation
  • SAP SE
  • Oracle Corporation
  • Microsoft Corporation
  • IBM Corporation
  • Deloitte Touche Tohmatsu Limited
  • Hitachi Vantara LLC (Hitachi Ltd.)

Unique Offerings from KBV Research

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Related Reports:

North America Financial Analytics Market Size & Opportunities 2022-2028

Europe Financial Analytics Market & Growth Forecast 2022-2028

Asia Pacific Financial Analytics Market, Share & Industry Outlook to 2028

LAMEA Financial Analytics Market Growth, Trends & Forecasts 2022-2028

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