The "Data Analytics Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Rapid digitization, along with increasing utilization of cloud-computing services across the globe, is one of the key factors driving the growth of the market.

Third-party data analytics organizations optimize and personalize the integration interface to improve business operations and enhance cost-efficiencies.

Furthermore, the growing demand for specialized analytical tools is also driving the market growth. Various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), along with the increasing adoption of data-driven decision-making practices, are acting as other growth-inducing factors. The data generated by social media platforms are interpreted by data analytics service providers and are utilized by organizations to understand user behaviors and market trends.

Other factors, including significant growth in the online retail sector, along with the adoption of predictive data analytic systems, are expected to drive the market further. Looking forward, the publisher expects the global data analytics outsourcing market to continue its strong growth during the next five years.

Key Questions Answered in This Report:

• How has the global data analytics outsourcing market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global data analytics outsourcing market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the vertical?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global data analytics outsourcing market and who are the key players?
• What is the degree of competition in the industry?

Key Market Segmentation:

Breakup by Type:

• Descriptive
• Predictive
• Prescriptive

Breakup by Application:

• Sales Analytics
• Marketing Analytics
• Finance and Risk Analytics
• Supply Chain Analytics
• Others

Breakup by Component:

• Solutions
• Services

Breakup by Vertical:

• Retail
• Automotive
• Manufacturing
• BFSI
• IT and Telecom
• Others

Breakup by Region:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Companies Mentioned

• Accenture
• Capgemini
• Fractal Analytics Inc.
• Genpact Ltd.
• Infosys Ltd.
• IBM
• Mu Sigma Inc.
• Electrifai LLC
• Tata Consultancy Services Ltd.
• Trianz
• Wipro
• ZS Associates Inc.

For more information about this report visit https://www.researchandmarkets.com/r/xbqoy9

View source version on businesswire.com: https://www.businesswire.com/news/home/20200929005940/en/