The latest survey on Data Analytics Outsourcing Market is conducted to provide hidden gems performance analysis of Data Analytics Outsourcing to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario in Data Analytics Outsourcing market has made companies uncertain about their future outlook as the disturbance in the value chain has made a serious economic slump. Some are the key & emerging players that are part of the coverage and profiled in the study are Fractal Analytics Ltd (United States), Opera Solutions LLC (United States), ZS Associates, Inc. (United States), Tata Consultancy Services Ltd. (India), Wipro Ltd. (India), Genpact Ltd. (United States), Accenture (Ireland), Capgemini (France), IBM Corporation (United States), Mu Sigma, Inc. (United States)
According to HTF Market Intelligence, the Global Data Analytics Outsourcing Market size is estimated to be around USD 7952.02 Million in 2023 and is expected to grow at a CAGR of 34.78% to reach USD 47039.57 Million by 2030.
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Data Analytics Outsourcing Market Overview
The global Data Analytics Outsourcing market is expected to witness high demand in the forecasted period due to the increased penetration of digital devices, such as smartphones and computers, in the daily life of average consumers. Data analytics outsourcing is the cooperation model under which a company entrusts a service provider with its data and gets access to insightful reporting. Data analytics outsourcing enables companies to get the work done without having to perform a talent search, onboard and hire a new employee, and pay benefits and salary even when the work slows down.
Market Trends
Rapid scalability of outsourcing data analytical needs
A rising amount of digital data production
Market Drivers
A rising amount of digital data coupled with its complexity in handling such a colossal amount of data
Market Opportunities:
The increased attention toward handling data from social media platforms The rapid scalability of outsourcing data analytics models
Data Analytics Outsourcing Market Segmentation
Market Analysis by Types: Descriptive Data Analytics, Predictive Data Analytics, Prescriptive Data Analytics
Market Analysis by Applications: Marketing Analytics, Supply Chain Analytics, Sales Analytics, Finance & Risk Analytics, Others
Market Leaders & Development Strategies:
In 2021, Enquero, a company that provides data engineering and data-led digital transformation services, has been acquired by Genpact. Enquero will broaden and deepen Genpact’s data and analytics teams, enhancing the company’s ability to accelerate its clients’ digital transformation journeys.
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Important Features that are under offering & key highlights of the Data Analytics Outsourcing market report:
1. Why lots of Key players are not profiled in the Study?
–> The market study is surveyed by collecting data from various companies from Data Analytics Outsourcing industry, and the base for coverage is NAICS standards. However, the study is not limited to profiling only a few companies; connect with sales executives to get a customized list. The standard version of the research report is listed with players like Fractal Analytics Ltd (United States), Opera Solutions LLC (United States), ZS Associates, Inc. (United States), Tata Consultancy Services Ltd. (India), Wipro Ltd. (India), Genpact Ltd. (United States), Accenture (Ireland), Capgemini (France), IBM Corporation (United States), Mu Sigma, Inc. (United States)
2. Does the Scope of the Market Study allow further Segmentation?
—> Yes, for a deep dive analysis add-on segmentation is applicable in a premium customized version of the report to better derive market values. The standard version of this report covers segmentation by Application [Marketing Analytics, Supply Chain Analytics, Sales Analytics, Finance & Risk Analytics, Others ], by Type [Descriptive Data Analytics, Predictive Data Analytics, Prescriptive Data Analytics], and by regions [In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered , The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa]
3. What level of granularity would the Country landscape cover?
—> In the premium version of the report, two-level of regional segmentations allow user to have access to a country-level break-up of market Size by revenue and volume*
* Wherever applicable
4. Does the Study also provide insights into macroeconomic factors?
—> Yes, the study also includes market factor analysis that includes macroeconomic factors, the inflationary cycle and its impact, and Russia-Ukraine war analysis and its effect on the value/supply chain.
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HTF MI provides customized studies specific to regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt, and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, Australia, etc.
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- Facilitate decision-making based on historic and forecast trends of Data Analytics Outsourcing market
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Gain a global perspective on the development of the Data Analytics Outsourcing market
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Thanks for reading Data Analytics Outsourcing research article; you can also get individual chapter-wise sections or region-wise report versions like LATAM, North America, MENA, Southeast Asia, Europe, APAC or Country Specific reports such as Japan, United Kingdom, United States or China, etc
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