The Global Dark Analytics System Market is estimated to reach USD 911.3 Million by 2024 at a CAGR of 27.3 %.
The dark data is referring to an unstructured raw data and information which are generated by unused and unstructured data. Dark analytics and big data advances in computer operation and recognition for perform a better in business. With the help of dark analytics, organization improves better opportunities in sales and marketing by analyzing the customer behavior. These data analytics helps the organization to forecast and predict the data with the help of machine learning techniques. Some of the example for dark data is text messages, video, geographic location, internet browser and images.Analyzation of Dark data can be improve the security of the organization by knowing customer expectations.
The growing demand in machine learning and artificial intelligence across dark analytics will increase real-time information. However, this technology will reduce the time by using unstructured data and also helps to increase the revenue of the business more efficiently. Demand of machine learning technology on dark analytics also improve security related issue and risk. This will expected to grow the dark analytics market during the forecast period.
Retail and e-commerce sector offers the better ability for drive the market with the help of digitization. Digitization enhances the ability with real time data analysis and leads to generate revenues. However, grocery store such as amazon and big basket advancing its technology by using Internet of Things (IoT) by knowing the demand and need of a customer. This will expected to grow the market during the forecast period.
The demand for different technologies and services are increasing hence, the storage cost for data invest most for secure and revenue of a business. Moreover, IBM estimates that 80% of all data collected is dark data. However, it gives a deep understanding about the customer need and demand. Hence, it will be expected to restraint the market during forecast period.
The report on the dark analytics system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million)
Technology, Component, Application, End User and Region
Asia-Pacific, North America, Europe, Middle East & Africa and South America
For the scope of report, In-depth segmentation is offered by Forencis Research
Dark Analytics System Market, by Technology
Dark Analytics System Market, by Component
Dark Analytics System Market, by Application
Dark Analytics System Market, by Region
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.2.1. Increase in Demand for Machine Learning and Artificial Intelligence
4.2.2. Growing Demand in Retail and E-commerce Sector
4.3.1. High Data Storage Cost
4.4.1. Highly Adoption of Internet of Things (IoT)
4.5.1 Legal and Regulatory Risk
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 DARK ANALYTICS SYSTEM MARKET BY DEPLOYMENT MODE, Market Size in USD Million (2017—2024)
7 DARK ANALYTICS SYSTEM MARKET BY COMPONENT, Market Size in USD Million (2017—2024)
8 DARK ANALYTICS SYSTEM MARKET BY APPLICATION, Market Size in USD Million (2017—2024)
8.5 Retail & E-Commerce
9 DARK ANALYTICS SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)
9.1 North America
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3.4. South Korea
8.3.6. Rest of Asia-Pacific
9.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.3. Rest of Middle East & Africa
9.5 South America
8.5.3. Rest of South America
10 COMPETITIVE LANDSCAPE
10.2 Market Ranking/Share Analysis of Key Companies
10.3 Company Benchmarking
11 COMPANY PROFILES
11.1 IBM Corporation
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Solutions/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 SAP SE
11.3 Amazon Web Services, Inc.
11.4 Microsoft Corporation
11.5 Dell EMC
11.6 Teradata Corporation
11.7 AvePoint, Inc.
11.8 Synchrony Financial
11.9 Cohesity, Inc.
11.10 Other Key Companies
12.1 Key Industry Expert Insights
12.2 Primary Discussion Guide
12.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain