Dublin, Jan. 29, 2019 (GLOBE NEWSWIRE) -- The "Financial Analytics - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
Financial Analytics market accounted for $5.79 billion in 2017 and is expected to reach $18.21 billion by 2026 growing at a CAGR of 13.6%.
Rise in demand for cloud-based services, improved focus on data transparency, increase in technological advancements and high data intensity are factors favouring the market growth. However, privacy and data security-related issues are hindering the market growth.
Financial analytics is extensively used for research in the equity and corporate bond markets. It enables end users to focus on financial functions across organizations. It also provides better visibility into factors that drive costs, revenues and shareholder values. Financial analytics assist businesses in implementing business intelligence and analytical tools to obtain accurate insights from the financial data that is required in formulating business decisions.
Based on end user, Banking, Financial Services and Insurance (BSFI) segment is projected to grow at a considerable market share. The Banking, Financial Services and Insurance sector is using these services to get better regular financial functions such as asset and liability, payable, budgetary control, profitability, general ledger, governance, risk, receivable, and compliance management.
By geography, Asia Pacific is expected to experience positive growth in this industry which can be attributed to favourable government initiatives and increasing demand for information storage in emerging countries such as India and China and increasing the demand in end user industries. In addition, North America holds the largest share due to high acceptance across multiple industries along with quick technology adaptation rate.
What our report offers:
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Financial Analytics Market, By Deployment Type
5.1 Introduction
5.2 On-Premise
5.3 Cloud
6 Global Financial Analytics Market, By Type
6.1 Introduction
6.2 Query, Reporting and Analysis
6.3 Data Integration Tools
6.4 Consulting and Support Services
6.5 Database Management System (DBMS)
6.6 Analytical Solutions
6.7 Olap and Visualization Tools
6.8 Other Types
7 Global Financial Analytics Market, By Component
7.1 Introduction
7.2 Services
7.3 Software
8 Global Financial Analytics Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium Businesses
9 Global Financial Analytics Market, By Application
9.1 Introduction
9.2 Receivables Management
9.3 Profitability Management
9.4 Budgetary Control Management
9.5 Governance, Risk and Compliance (GRC) Management
9.6 General Ledger Management
9.7 Payables Management
9.8 Assets and Liability Management
9.9 Other Applications
10 Global Financial Analytics Market, By End User
10.1 Introduction
10.2 Government
10.3 Telecommunication and IT
10.4 Public Sector, Energy and Utilities
10.5 Banking, Financial Services and Insurance (BSFI)
10.6 Manufacturing
10.7 Media and Entertainment
10.8 Travel and Hospitality
10.9 Consumer Goods and Retail
10.10 Healthcare and Life Science
10.11 Transportation and Logistics
10.12 Education
10.13 Other End Users
11 Global Financial Analytics Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Deloitte
13.2 Microsoft Corporation
13.3 IBM Corporation
13.4 Oracle Corporation
13.5 SAS
13.6 SAP SE
13.7 Hitachi Consulting
13.8 Rosslyn Analytics Limited
13.9 Teradata Corporation
13.10 Information Builders
13.11 Symphony Teleca Services, Inc.
13.12 Microstrategy
13.13 Fico
13.14 Tableau Software
13.15 Tibco
13.16 Hewlett-Packard Enterprise (HPE)
For more information about this report visit https://www.researchandmarkets.com/research/kr6vh4/global_financial?w=12
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