Big Data Analytics in BFSI Market Technology, Applications, Recent Trends, Future Growth, Size, Share, Types, Products, High Demand, Industry Analysis and Forecasts 2027

Posted on Mar 10 2021 1:45 PM

"Big Data Analytics in BFSI market size was valued at USD 15.65 Billion in 2020 and is expected to expand at a CAGR of 27.7% from 2020 to 2027. "

The study on the Big Data Analytics in BFSI market applies research methodologies including the investigation and interview techniques to weigh up on the product price, revenue, import and export status and prouction capability of the manufacturers operating in the Big Data Analytics in BFSI market for the forecast period, 2020 - 2027. The market intelligence report focuses primarily on the market size, share and growth rate of the industry during the estimated period with the aim to help business owners make a wise investment decision and chalk out a blueprint of profitable business strategies.

Based on the types, the Big Data Analytics in BFSI market has been further classified based on geography, application and consumption capability. On the basis of the product application, the industry is bifurcated taking into consideration those in demand and are an outcome of technology advancement. Region-wise, the performance of the industry along with the prominent vendors operating in the geography also illuminates stakeholders, business owners, and field marketing, executives.  The different facets of the business based on parameters including new launches, acquisition and mergers and new entrants are discussed extensively during the study.

You Can Download Free Sample PDF Copy of Big Data Analytics in BFSI Market at https://www.emergenresearch.com/request-sample/536

Here are the questions we answer... 

What are the future opportunities in store for the vendors operating in the Big Data Analytics in BFSI market?

What does the competitive landscape look like?

Which emerging technologies are believed to impact the Big Data Analytics in BFSI market performance?

What are the key trends and dynamics?

Which regulations that will impact the industry?

Which segment will offer the most opportunity for growth between 2020 and 2027?

Where will most developments take place in the long term?

Who are the most prominent vendors and how much market share do they occupy?

What are the latest technologies or discoveries influencing the Big Data Analytics in BFSI market growth worldwide?

The research takes a closer look at prominent factors driving the growth rate of the prominent product categories across major geography. Furthermore, the study covers a lot of the sales, gross margin, consumption capacity, spending power and customer preference across various countries. The report offers clear indications how the Big Data Analytics in BFSI market is expected to witness numerous exciting opportunities in the years to come. Critical aspects including the growing requirement, demand and supply status, customer preference, distribution channels and others are presented through resources such as charts, tables, and infographics.  

You Can Download Free Sample PDF Copy of Big Data Analytics in BFSI Market at https://www.emergenresearch.com/request-sample/536

Some Key Highlights of Report

Increasing adoption of descriptive analytics across insurance companies to extract business information in order to boost business growth while facilitating better service to customers is a key factor expected to drive revenue growth of the descriptive analytics segment during the forecast period.

Rising adoption of cloud technology by end-users such as banks and insurance service providers is expected to continue to support revenue growth of the cloud-based delivery segment during the forecast period.

Increasing incidence of fraudulent healthcare insurance claims and increasing need for more effective solutions to prevent payer losses is a key factor expected to support revenue growth of the fraud detection segment during the forecast period.

Growing deployment of big data analytics in the insurance sector is driving growth of the insurance company segment, and this trend is expected to continue over the forecast period.

Robust presence of international and domestic players, including Alteryx Inc., BigPanda, Inc., Nimbix, Inc., and Salesforce.com, Inc., among others, in countries in North America is driving growth of the market in the region to a significant extent.

Key market players include SAP SE, Oracle Corporation, Accenture plc, Alteryx Inc, International Business Machines Corporation, BigPanda, Inc., Nimbix, Inc., Gainsight, Inc., Fractal Analytics Inc., and Salesforce.com, Inc.

Acquisitions are a primary focus point in the global market and established players in are focusing on expanding and strengthening offerings and capabilities, while also expanding market footprint.

in April 2019, ClearStory Data Inc. was acquired by Alteryx Inc. Through this acquisition, Alteryx will strengthen its capabilities in the field of data analytics and data science.

Type Outlook (Revenue, USD Billion; 2020–2027)

Descriptive Analytics

Diagnostic Analytics

Predictive Analytics

Prescriptive Analytics

Delivery Outlook (Revenue, USD Billion; 2020–2027)

Cloud-based

On-premises

Application Outlook (Revenue, USD Billion; 2020–2027)

Customer Relationship Management (CRM)

Fraud Detection

Risk Management

Operation Optimization

Customer Analytics

Others

End-use Outlook (Revenue, USD Billion; 2020–2027)

Insurance Companies

Capital Market

Banks

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Buy [email protected] https://www.emergenresearch.com/request-sample/536

Report Objectives

Examine the size of Big Data Analytics in BFSI market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of Big Data Analytics in BFSI market.Explore the underlying dynamics of Big Data Analytics in BFSI market.

Highlight significant trends of Big Data Analytics in BFSI market based on factors including, production, revenue, and sales.

Extensively profile top players of Big Data Analytics in BFSI market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in Big Data Analytics in BFSI market.

Forecast the market size and share of all segments and regions in the global landscape.

Read [email protected] https://www.emergenresearch.com/industry-report/big-data-analytics-in-bfsi-market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Big Data Analytics in BFSI Market Segmentation & Impact Analysis

Chapter 5. Big Data Analytics in BFSI Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Big Data Analytics in BFSI Market By Sensor Type Insights & Trends Revenue (USD Billion)

Chapter 7. Big Data Analytics in BFSI Market By Network Technology Insights & Trends, Revenue (USD Billion)

Continued…