LeapZipBlog: Steve Blade's blog: Infrastructure for Business Analytics Market to Witness an Outstanding Growth During 2017 to 2026

Infrastructure for Business Analytics Market to Witness an Outstanding Growth During 2017 to 2026

August 7, 2019 by Steve Blade  

 A new report by Fact.MR on the global infrastructure for business analytics market expects the market to witness strong growth, registering CAGR of 9.2% during 2017-2026. The global infrastructure for business analytics market is also projected to bring in US$ 25.4 million revenue by 2026 end. Business analytics software is used to collect and analyze historical and current data. Hence, companies are building business analytics infrastructure to drive better decision making and enhanced performance. Moreover, to build analytics infrastructure companies are using a data-driven method to help in decision making process based on data. Following insights show how the global infrastructure for business analytics market will perform in the coming years.

Enterprises across the globe are actively using a combination of infrastructure products such as software, hard drives, servers, and processing systems to manage the diversity of analytics and business intelligence data being procured. This trend has successfully improved the decision-making process for enterprises, and thereby fuelled the adoption of infrastructure for business analytics. From industry leaders to start-ups, enterprises are adopting new solutions on infrastructure for business analytics for addressing the needs for varied user and reducing the disconnection between customer feedback and product development. Products sold in the global infrastructure for business analytics market are being used to develop strategies on information management, processing framework, and technological integration.

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High Demand for Database Servers to Drive Market Growth

The report has analyzed the global infrastructure for business analytics market on the basis of type of infrastructures. Through 2026, database servers are likely to represent the leading segment in the global infrastructure for business analytics market. The report projects that by the end of 2026, nearly US$ 5 Mn worth of database servers will be sold to enterprises globally. The demand for business software servers and analytics servers is also pegged to grow considerably.

 Forecast Highlights on Global Infrastructure for Business Analytics Market

  • North America is likely to emerge as the largest region in the global market for infrastructure for business analytics between 2017 and 2026. Presence of the leading companies, increasing application of advanced analytics, availability of latest analytics tools are some of the major factors driving the infrastructure for business analytics market in North America.
  • Asia Pacific Excluding Japan (APEJ) is also expected to witness significant growth in the coming years. Adoption of data-driven decision making and advent of Internet of Things (IoT) in various industries are contributing to the growth in the region.
  • Database server is expected to grow at a faster phase in the global market for infrastructure for business analytics market. By the end of 2026, database server is projected to bring in more than US$ 4 million revenue.
  • Infrastructure for business analytics is likely to find the largest application in Enterprise Resource Management (ERM). Between 2017 and 2026, enterprise resource management is estimated to create an incremental opportunity of over US$ 2 million.

Competition Tracking

The report has profiled prominent players in the global infrastructure for business analytics market, which include Dell Technologies, HPE, Cisco Corporation, EMC, IBM Corporation, Hitachi, Fujitsu, Lenovo, Huawei Technologies, NetApp, Datacore, Unisys, Pure Storage, NEC, Silicon Graphics, Inspur, Bull SAS, and VCE. A majority of players in the global infrastructure for business analytics market are likely to work towards increasing the responsiveness of business software servers and database servers. Improving the reliability of enterprises on IT-based automation of business intelligence is also a key objective of developers in the global infrastructure for business analytics market.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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