DARK ANALYTICS SYSTEM MARKET TO REACH USD 911.3 MILLION BY 2024 | CAGR 27.3% – FORENCIS RESEARCH

Dark Analytics System Market Size, Share, Trends, Growth, Analysis, Research

Global Dark Analytics System Market: Key Highlights

  • According to the new market research report Dark Analytics System Market by Deployment Mode (On-Premise and Cloud), by Component (Solution and Services), by Application (BFSI, Healthcare, Retail & E-Commerce, Government), by Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2017 to 2024”, the global Dark Analytics System Market is estimated to reach USD 911.3 million by 2024 at a CAGR of around 27.3% during the review period.
  • It is 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.
  • 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.

Dark Analytics System Market

Global Dark Analytics System Market: Key Market Dynamics

  • 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.
  • Growing demand in retail and e-commerce sector enhance better ability for drive the market with the help of digitization. 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.
  • Highly adoption of Internet of Things (IoT) advance automation process and also can be used for health monitoring which will boost the, market growth in various sectors.

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Global Dark Analytics System Market: Regional Overview

  • Asia-Pacific

In the region, China has launched high technology revolution for the advancement growth in the industries and the economic. The Made in China 2025 objective to turn the country into the technological hub for fast and rapid Growth in the environment. The region is growing its investment in technology sector for advancing with digital platform services. According to Telecom Regulatory Authority of India (TRAI), 2016 the region was 2.6 billion subscriber in mobile market.

The dark analytics system market in the Asia-Pacific region is projected to witness high demand due to the high adoption of digital platform in the region.

  • Europe

Owing to the rapid growth of the technology and digital platform industry in Europe, the demand for dark analytics system is expected to increase. The region is rapid growth their economy and society with the advance technologies adoption. According to the European Commission, under the Horizon 2020 research and innovative program of the region has increase its annual investment by 70 percent. Also it has projected that by the period of 2018 to 2020 it will reach by USD 1.7. And strengthen the growth of AI and support the development for the region

Global Dark Analytics System Market: Key Players Overview

  • IBM Corporation.:

The company is the leading producer for the cloud and cognitive service platform. Also it provides software, hardware and information technology services globally. Dark data will enhance the marketing and ROI for the business growth. In 2019, the company has expand its Cloud Pak for the data with new details and for the enhancement of client growth. Also in 2019, the company has accounted for new portfolio of Internet of things solution which includes artificial intelligence and advanced analytics for the organization to enhance growth. 

  • Teradata Corporation:

Teradata Corporation is world leading provider for data intelligence, hybrid cloud products and data and analytics solution. The company operate as database Management Company in the technology. In 2017 the company has started a partnership with SAS, analytics software and business intelligence analytics software for the business development. Moreover, the company deliver real time delivery of data and relevant data with accurate solution.

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of market research reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets.

Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. We strive to help our clients to foray into uncharted space to attain increased revenue growth for the present as well as the future.

 

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Published : 2020-01-16