The Report “Latin America Cloud Analytics Market by Solution (Hosted Data Warehouse Solutions, Cloud BI Tools, Enterprise Information Management, Enterprise Performance Management, Governance, Risk Management & Compliance), by Verticals, by Geography – Analysis and Forecast to 2019”, is estimated to reach $688.5 million in 2019, growing at a CAGR of 29.1% from 2014 to 2019.
Browse through the TOC of the Latin America Cloud Analytics Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Cloud analytics is a cloud-enabled service model that enables business analysis by providing requisite data through public, private, and hybrid cloud. Data analytics and cloud computing have led to the evolution of cloud-based analytics. These factors have enabled the use of cloud-based business analytics in small, medium, as well as large enterprises.
Various factors, such as cost effectiveness, ease of installation, and extensive growth in big data are driving the cloud analytics market in this region. The key players of this market include IBM, Oracle, SAP, SAS, Salesforce, and others. Many of IBM’s popular business analytics applications are now available in cloud-based or Software as a Service (SaaS) editions. These solutions not only make business analytics deployments up and running in minutes, but also reduce the costs and risks involved in development and deployment.
Latin America holds a substantial share of the overall cloud analytics market, which is expected to grow exponentially during the forecast period. The organizations operational in this region are considered to be the most techno savvy and innovative. The need to have a competitive edge over other competitors leads these organizations to exploit the advanced technologies and develop cutting-edge solutions for their clients. Moreover, rapid adoption of mobile technology and extensive use of social media is also contributing to the growth of cloud analytics market in Latin America.
The Latin American cloud analytics market is segmented and forecast on the basis of solutions, such as cloud Business Intelligence (BI) tools; hosted data warehouse solutions; complex event processing enterprise; performance management; governance, risk, & compliance; and analytics solutions. On the basis of industry verticals, it is segmented into Banking, Financial Services, and Insurance (BFSI), Healthcare, Media & Entertainment, Telecommunication, Consumer Goods & Retail, Business & Consulting, Education & Research, and Manufacturing & Energy. The market is further segmented and forecast on the basis of end users, such as enterprises and medium & small business (SMB). The Latin American cloud analytics market is also segmented on the basis of main countries in this region, including Brazil, Mexico, and Columbia.
The report also includes market share and value chain analyses and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
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