Global Advanced Analytics Market

Advanced packaging technologies refer to the technologies involved in the aggregation and interconnection of components before traditional electronic packaging. It allows integrated circuits to be enclosed in a casing, which prevents metallic parts from corroding and physical damage. The main types of advanced packaging technologies are 3D integrated circuits, 2D integrated circuits, 2.5D integrated circuits, and others. The 3D integrated circuit provides high bandwidth, a small form factor, and multi-function integration in packaging. Three-Dimensional Integrated Circuit (3DIC) is a packaging technology that collects and stacks homogeneous or heterogeneous dies vertically into Multi-Chip Modules (MCM) with Through-Silicon-Via (TSV). The various types of products include active packaging, smart and intelligent packaging and is implemented in various verticals such as automotive and transport, consumer electronics, industrial, IT and telecommunication, others. The advanced packaging technologies market research report is one of a series of new reports from The Business Research Company that provides advanced packaging technologies market statistics, including advanced packaging technologies industry global market size, regional shares, competitors with a advanced packaging technologies market share, detailed advanced packaging technologies market segments, market trends and opportunities, and any further data you may need to thrive in the advanced packaging technologies industry. This advanced packaging technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global advanced packaging technologies market size grew from $5.74 billion in 2022 to $6.52 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The advanced packaging technologies market size is expected to grow to $10.44 billion in 2027 at a CAGR of 12.5%. Growing demand for consumer electronics is expected to propel the growth of the advanced packaging market going forward. Consumer electronics refers to any electronic equipment, gadgets, or devices made to be purchased and used on a regular basis for non-commercial or professional purposes by consumers. Consumer electronics can create demand for advanced packaging as it plays an important role in defining the sophistication of the products. For instance, in June 2021, Oberlo, a Lithuania-based e-commerce platform, said that globally, 6.4 billion people use smartphones. Therefore, the growing demand for consumer electronics is driving the advanced packaging market. The growing technological advancements are shaping the advanced packaging technologies market. Major companies operating in the advanced packaging technologies sector are focused on developing technological solutions for advanced packaging to expand their leadership in semiconductor solutions. For instance, in May 2021 Samsung Electronics, a South Korea-based electronics company launched Interposer-Cube4 (I-Cube4), an advanced chip packaging technology for high-performance applications. Interposer-Cube4 (I-Cube4), a 2.5D packaging technology improves communication and power effectiveness among logic and memory chips and is projected to be widely used in sectors such as high-performance computing, artificial intelligence (AI), 5G, cloud, and the largest data center applicants. In December 2020, Graham Partners, Inc., a US-based private investment firm focused on investing in technology-driven companies acquired flexible packaging converting the business from Berry Global for an undisclosed amount. The flexible packaging converting business will be combined with Graham Partners’ flexible packaging portfolio company, Advanced Barrier Extrusions LLC. Through this acquisition, ABX expands geographically, adds attractive categories such as personal care and healthcare packaging, and increases its revenue by over $200 million, according to Graham Partners. Berry Global is a US-based manufacturer and marketer of advanced plastic packaging products. Major players in the advanced packaging technologies market are Amkor Technology, Intel, Advanced Semiconductor Engineering (ASE), Taiwan Semiconductor Manufacturing Company, Samsung Electronics, STATS ChipPAC, Qualcomm Technologies, IBM, Brewer Science, SÜSS Microtec, Renesas Electronics Corporation, Texas Instruments, Siliconware Precision Industries, Jiangsu Changjiang Electronics Technology, China WLCSP Co. LTD., Deca Technologies, Greatek Electronics, Powertech Technology, Sanmina Corporation, SFA Semicon, Universal Instruments Corporation, and Tongfu Microelectronics. Asia-Pacific was the largest region in global advanced packaging technologies market in 2022. The regions covered in the advanced packaging technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the advanced packaging technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The advanced packaging technologies market consists of revenues earned by entities by providing packaging services such as fan-out wafer-level packaging and system-in-package used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The advanced packaging technologies market also includes sales of image sensor, microelectronics, complementary metal oxide semiconductor, light-emitting diode, design package, external cavity, ultraviolet light, and others which are used in providing packaging services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global advanced packaging technologies market is segmented - 1) By Type: 3D Integrated Circuit, 2D Integrated Circuit, 2.5D Integrated Circuit, Other Types 2) By Product: Active Packaging, Smart And Intelligent Packaging  3) By End Use Industry: Automotive And Transport, Consumer Electronics, Industrial, IT And Telecommunication, Other End Use Industries

The advanced driver assistance systems (ADAS) refer to passive or active electronic systems designed to reduce human error component during the operations of vehicles. These systems utilize a wide range of technologies to assist the driver during driving and improve driving performance. Sensors such as radar and cameras are used to provide information to the driver or to take automatic action which prevents injuries and deaths caused by car accidents. The main types of ADAS include tire pressure monitoring system (TPMS), drowsiness monitor system, intelligent parking assist system (IPAS), adaptive cruise control system, blind spot object detection system, lane departure warning system, adaptive front-lighting system, and others. Adaptive front-lighting system refers to electronics or sensor-based systems, designed to help in adjusting the lights depending on vehicle speed and steering input. The offering offered in ADAS includes hardware and software and these systems are used in passenger vehicles, commercial vehicles, buses, and trucks. The advanced driver assistance systems (ADAS) market research report is one of a series of new reports from The Business Research Company that provides advanced driver assistance systems (ADAS) market statistics, including advanced driver assistance systems (ADAS) industry global market size, regional shares, competitors with an advanced driver assistance systems (ADAS) market share, detailed advanced driver assistance systems (ADAS) market segments, market trends and opportunities, and any further data you may need to thrive in the advanced driver assistance systems (ADAS) industry. This advanced driver assistance systems (ADAS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global advanced driver assistance systems (adas) market size grew from $31.85 billion in 2022 to $37.61 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The advanced driver assistance systems (adas) market size is expected to grow to $72.56 billion in 2027 at a CAGR of 17.9%.. The increasing government regulations for mandatory ADAS implementation in vehicles are propelling the advanced driver assistance systems market. The governments across the globe are implementing mandatory ADAS inclusion regulations in the vehicle to strengthen driving convenience and safety of the drivers and commuters. For instance, in July 2022, new rules entered into force in the EU, which require new vehicles to be equipped with ADAS to improve road safety. This regulation was focused on increasing general safety of motor vehicles and protection of vehicle occupants, and vulnerable road users, in a move to decrease the number of road accidents. Therefore, the increasing regulations for mandatory implementation of ADAS in vehicles are driving the growth of advanced driver assistance systems. Technological advancements are a key trend gaining popularity in the ADAS market. Major companies operating in the ADAS market are focused on developing new technological solutions to strengthen their position through the implementation of next-generation ADAS technologies into their products such as sensor fusion, embedded vision, HMI, software infrastructure, and autosar. For instance, In September 2021, ZF Friedrichshafen, a German-based company, launched a high-performance Mid-Range Radar (MRR), the nextgen advancement in the ADAS tech market, which is designed to meet safety ratings and enable semi-automated driving functions. The Mid-Range Radar has modes that provide the proper resolution and range tuned for the driving situation. In June 2021, Magna International Inc., a Canada-based manufacturer, and developer of advanced mobility technologies acquired Veoneer, Inc., for $3.8 billion. This acquisition expands Magna’s ADAS product portfolio and industry position, as this provides access to new customers and new regions, including Asia. The acquisition also provides access to engineering and software expertise such as sensor perception and drive policy software. Veoneer, Inc., is a Sweden-based manufacturer and developer of automotive safety technologies. Major players in the ADAS market are Continental AG, Denso, Magna International, Robert Bosch, NXP Semiconductors, Panasonic, Renesas Electronics, Texas Instruments, Hyundai Mobis, ZF Friedrichshafen, Mobileye, Autoliv Inc., Nvidia, Hitachi, and TRW Automotive Holdings Corp. North America was the largest region in the ADAS market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ADAS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ADAS market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The advanced driver assistance systems (ADAS) market consists of sales of adaptive cruise control, glare-free high beam and pixel light, adaptive light control, automatic parking, autonomous valet parking and navigation system. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global advanced driver assistance systems adas market is segmented - 1) By System Type: Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Adaptive Cruise Control System, Blind Spot Object Detection System, Lane Departure Warning System, Adaptive Front-lighting System, Other System Types 2) By Offering: Hardware, Software 3) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Buses, Trucks

The advanced energy storage systems refer to advanced devices that convert electrical energy from power systems and store it to supply electrical energy when needed later. The advanced energy storage systems enable to use and manage the electrical energy efficiently. The energy can be used to produce semiconductors, data storage devices, solar cells, and electricity. The main technology of advanced energy storage systems are pumped hydro storage, electrochemical storage, electromechanical storage, and thermal storage. Electrochemical energy storage encompasses all secondary batteries. Batteries use an electrochemical oxidation-reduction reverse reaction to convert the chemical energy contained in their active materials into electric energy. Batteries are currently manufactured in a variety of sizes for a wide range of applications. Advanced energy storage systems are applied in transportation, grid storage, and other applications. These are used by residential and non-residential. The advanced energy storage systems market research report is one of a series of new reports from The Business Research Company that provides advanced energy storage systems market statistics, including advanced energy storage systems industry global market size, regional shares, competitors with a advanced energy storage systems market share, detailed advanced energy storage systems market segments, market trends and opportunities, and any further data you may need to thrive in the advanced energy storage systems industry. This advanced energy storage systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global advanced energy storage systems market size grew from $16.56 billion in 2022 to $17.89 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The advanced energy storage systems market size is expected to grow to $24.31 billion in 2027 at a CAGR of 8.0%. The increasing investments in renewable energy are expected to propel the growth of the advanced energy storage systems market. Renewable energy, also known as clean energy is in high demand as it is a non-polluting source of energy and is replenished by nature. The governments and private sectors globally are significantly investing in renewable energy as it is beneficial for minimizing pollution while conserving natural resources. This rise of investments in renewable energy will create a significant demand for advanced energy storage systems as these are essential to store and manage the energy generated as well as supply for use when needs arise. For instance, according to the estimates by the autonomous intergovernmental organization the International Energy Agency (IEA), the global power sector investment was expected to rise by 5% to more than $820 billion in 2021 over 2020. Renewables dominated new power generation investment, accounting for 70% of the $530 billion spent on all new power generation capacity in 2021. The remaining amount was invested in grids and storage. A dollar spent on wind and solar photovoltaic (PV) deployment currently generates four times the electricity of a dollar spent on the same technologies a decade ago, owing to rapid technological advancements and cost reductions. Therefore, the increasing investments in renewable energy will drive the growth of the advanced energy storage systems market. Technology advancement is a key trend gaining popularity in the advanced energy storage systems market. Key players in the market are focusing on implementing technological advancements such as software integration in advanced energy storage systems. These advanced energy storage systems enable advanced features such as improved controls, monitoring, and forecasting abilities, resulting in efficient use of energy. Companies offering these systems can gain a competitive edge in the market. For instance, in June 2021, Honeywell, a US-based global advanced-technology company introduced its battery energy storage system (BESS) platform technology with integrated controls, monitoring, and forecasting capabilities. The new BESS Platform will target large commercial and industrial (C&Is) users, independent power producers (IPPs), and utilities. It provides customers with asset monitoring, distributed energy resource management, supervisory control, and analytics capabilities to forecast and optimize energy use, made possible with software integration. In May 2022, Bhago Mobility Solutions Private Limited, an Indian green energy company of Modern Automotive Limited, an Indian Next-Gen Technology Startup acquired a stake in Pastiche Energy Solutions (P) Ltd for an undisclosed amount. This stake acquisition will leverage the expertise of both the companies to make a footprint in advanced energy storage and green mobility by producing solid-state batteries, lithium batteries, and allied products for applications such as energy storage, electric mobility, defense, and others. Pastiche Energy Solutions (P) Ltd is an Indian manufacturer of batteries for advanced energy storage. Major players in the advanced energy storage systems market are ABB, LG Chem, Samsung SDI, General Electric Company, Tesla, Toshiba, Panasonic, Siemens, Saft Groupe, EOS Energy Storage, AES Corporation, EDF Renewables, Schneider and Maxwell Technologies. Asia-Pacific was the largest region in the advanced energy storage system market in 2022. The regions covered in advanced energy storage systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the advanced energy storage systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The advanced energy storage system market consists of sales of mechanical storage systems, hydrogen energy storage systems, advanced chemistry batteries, flow batteries, and capacitors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global advanced energy storage systems market is segmented - 1) By Technology: Pumped Hydro Storage, Electrochemical Storage, Electromechanical Storage, Thermal Storage 2) By Application: Transportation, Grid Storage, Other Applications 3) By End-User: Residential, Non-Residential

Big data and analytics is the use of certain advanced analytics techniques on big data or very large datasets to generate business insights. It begins with data collection with predefined templates and forms, followed by data maintenance, data processing, and data analysis. The main deployment mode of big data and analytics are on-premise and cloud. Cloud analytics is a service that performs data analysis and business intelligence operations in the cloud, either public or private. Cloud analytics firms assist enterprises in rapidly scaling by lowering the costs and administrative burden of on-premises hardware. The services are offered to small and medium-sized enterprises (SMEs), large Enterprises for customer analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, workforce analytics, risk & credit analytics, transportation analytics and others. The services are used by different industrial verticals such as transportation and logistics, BFSI, travel and hospitality, healthcare and life sciences, manufacturing, among others. The data and analytics services market research report is one of a series of new reports from The Business Research Company that provides data and analytics services market statistics, including data and analytics services industry global market size, regional shares, competitors with a data and analytics services market share, detailed data and analytics services market segments, market trends and opportunities, and any further data you may need to thrive in the data and analytics services industry. This data and analytics services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global big data and analytics services market size will grow from $121.65 billion in 2022 to $137.23 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global big data and analytics services market size is expected to grow to $221.44 billion in 2027 at a CAGR of 12.7%. The increasing growth of integration of internet of things in daily lives is a key factor driving the growth of the big data and analytics services market. When organizations take a hold of the data for the purpose of research, IoT serves as a major source for that data and this is the point where the position of big data in IoT comes into the picture. IoT devices produce a huge amount of unstructured data, which are stored in the big data network and this data largely depends on 3V factors such as volume, velocity and variety. About 44 trillion gigabytes of data is were generated by the Internet of Things in the year 2020. With the increasing number of connected devices, in 2020, more than 10 billion sensors and computers were connected to the Internet. Therefore, increasing growth of internet of things is expected to drive the growth of the big data and analytics services market. The issues with integration of information collected from various data sources is a key factor hampering the growth of the big data and analytics services market. Big Data Integration integrates data from a variety of sources and software formats and offers a converted and coherent view of the collected data to the consumers. Data from a wide variety of sources use different priorities and rates and can be easily de-synchronized from the source system. For instance, many companies collect data from various sources such as customer relationship management (CRM) systems, enterprise resource planning (ERP) systems and specific types of data stored in different formats. However, such data variability could not be enabled by a single integration platform, everything must be homogenized for accurate and efficient analysis. Therefore, issues with integration of information collected from various data sources is expected to limit the growth of the big data and analytics services market. The continuous intelligence is a key trend in the big data and analytics services market. Continuous intelligence is a device that has combined real-time analytics with business operations, it makes use of historical and current knowledge to improve decision-making or to help make decisions. It leverages a variety of technologies such as optimization, business rule management, event stream processing, augmented analytics, and machine learning. Many companies leveraged continuous intelligence to achieve (or retain) a competitive advantage throughout 2020. Also, Gartner expects that by 2022 more than 50 per cent of the modern business structure will use continuous intelligence that uses real-time context data to improve decisions. In April 2022, Accenture PLC., an Ireland-based provider of consulting and information technology services acquired Ergo for an undisclosed amount. The acquisition is expected to expand Accenture’s Cloud First capabilities to support clients in the Hispanic South American market, which includes Argentina, Chile, and Colombia, in driving data-led transformations. Ergo is an Argentina-based data-centered business. Major players in the big data and analytics services market are IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, TIBCO Software Inc., Teradata Corporation, Amazon Web Services, SAS Institute Inc., Tableau Corporation, Alteryx, SiSense, Splunk Inc., Google, AWS, Talend, Salesforce, Micro Focus, HPE, MicroStrategy, Adobe, ThoughtSpot, Qlik, Informatica, Cloudera, Palantir Technologies, VMware Inc., Treasure Data, Inc., Striim, Splice Machine, Pentaho and New Relic. The Asia-Pacific was the largest region in the big data and analytics services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global big data and analytics services market during the forecast period. The regions covered in the global big data and analytics services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the big data and analytics services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The big data and analytics services market includes revenues earned by entities by offering services that are used in customer analytics, supply chain analytics, marketing analytics, transportation analytics, spatial analytics, risk and credit analytics. Big data analytics services examine vast amounts of data to uncover hidden trends, similarities, and other insights, enabling organizations to analyze and optimize their data to discover new opportunities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global big data and analytics services market is segmented - 1) By Deployment Mode: On-Premise, Cloud, Other Deployment Mode 2) By Application: Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics., Other Applications 3) By Vertical: Transportation And Logistics, BFSI, Travel And Hopitality, Healthcare And Life Sciences, Manufacturing, Other Verticals 4) By Organization Size: Small and Medium-sized Enterprises (SMEs), Large Enterprises

Big data and analytics is the use of certain advanced analytics techniques on big data or very large datasets to generate business insights. It begins with data collection with predefined templates and forms, followed by data maintenance, data processing, and data analysis. The main analytics tools of big data and analytics are dashboard and data visualization, self-service tools, data mining and warehousing, reporting and others. Data visualization is the method of converting big data sets and metrics into charts, graphs, and other graphics. The resulting visual representation of data makes it easier to detect and convey real-time patterns, outliers, and fresh insights about the data. The analytics tools are deployed through on-premise and cloud mode for customer analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, workforce analytics, risk and credit analytics, transportation analytics and others. The big data tool and analytics are used by various end-use industries such as BFSI, retail, manufacturing, IT and telecom, government, healthcare, utility, others. The big data and analytics market research report is one of a series of new reports from The Business Research Company that provides big data and analytics market statistics, including big data and analytics industry global market size, regional shares, competitors with a big data and analytics market share, detailed big data and analytics market segments, market trends and opportunities, and any further data you may need to thrive in the big data and analytics industry. This big data and analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global big data and analytics market size will grow from $92.06 billion in 2022 to $104.19 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global big data and analytics market size is expected to grow to $172.84 billion in 2027 at a CAGR of 13.5%. The growing investments in business intelligence, data analytics tools by major companies, and increasingly adopting different styles of analytics to resolve their business imperatives and personalize the service or product according to the customers' aspirations boosts the growth of the big data and analytics market. For instance, CostCo., a major retailer that collects its customer's data on purchases to provide personalized service was able to warn its customers who bought stone fruits to warn them of possible contamination using the analytics software instead of sending a blanket message to everyone. This increasing need to personalize the service to cater to the customers compels businesses to invest in data analytics tools, thereby increasing demand for the big data and analytics market. The shortage of skilled professionals is a major restraint for the big data and analytics market. Developing hardware, software and system integration require trained and specialized resources to handle data preparation, create predictive models, and integrate these into applications. The resources are either unavailable or too expensive to hire, which stifles the growth of the big data and analytics market. According to the US Bureau of Labor Statistics, 11.5 million new jobs will be created for data science and analytics by the year 2026. However, the lack of a skilled workforce to occupy the job vacancies hinders market growth. The agile process' success in software development and the development of the latest technologies have made it very popular in the innovation industry. Few leading-edge organizations use an agile approach to manage their data systems. Agile is a technique for designing applications or handling operations more effectively in IT organizations. Broadly, it's a collaborative methodology where cross-functional teams develop and create minimally viable products (MVPs) and features quickly, test them with consumers, and optimize and improve them in rapid iterations. The agile process helps to make changes in the workflow even in the later stages, which will help to work in the best interests of the client. Agile organizations have a 70% chance of being in the top quartile of organizational health, indicating the best long-term performance amongst competitors. These companies become more customer-centric, have higher revenue growth, and a more engaged workforce. In April 2022, Accenture, a global information technology company acquired Ergo for an undisclosed amount. The acquisition will broaden the Cloud First capabilities of Accenture and increases its customer base in the Hispanic South American market. Ergo is an Argentinian big data, analytics and artificial intelligence (AI) company. Major players in the big data and analytics market are IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, Accenture, Salesforce, Cisco Systems, Tableau Software, Hewlett Packard Enterprise Development LP., Amazon Web Services,, Dell Inc., Cloudera, Musigma, Informatica, Alpine Data Labs, Alteryx, Amazon Web Services, BigML, Cognonto Corp., Couchbase, Inc., and Dataiku. Asia-Pacific was the largest region in the big data and analytics market in 2022. North America was the second largest region in the global big data and analytics market. The regions covered in the global big data and analytics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the big data and analytics market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The big data and analytics market includes revenues earned by entities by offering software used for data mining and predictive modeling. The sales consist of revenues generated by establishments that are primarily engaged in the development of software for big data and analytics like Hadoop, Tableau and Qubole. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global big data and analytics market is segmented - 1) By Analytics Tools: Dashboard & Data Visualization, Self-Service Tools, Data Mining & Warehousing, Reporting, Other Analytics Tools 2) By Deployment Mode: On-Premise, Cloud 3) By End Use Industry: BFSI, Retail, Manufacturing, IT and Telecom, Government, Healthcare, Utility, Other End Use Industries 4) By Application: Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics, Other Applications

Speech analytics is the process of using voice recognition software to analyze voice recordings or live calls from customers to contact centers, find useful information, and provide quality assurance. The components of speech analytics include solutions and services. The solutions in the speech analytics market consist of the sales of speech analytics solutions by entities (organizations, partnerships, and sole proprietors) that are used for analyzing the conversation. A speech analytics solution concentrates on words spoken during a recorded phone call. This technology organizes the content of agent-customer conversations by transforming speech into text. The deployment mode used by speech analytics includes on-premises and cloud. The speech analytics solutions and services are used in customer experience management, call monitoring and summarization, agent performance monitoring, sales and marketing management, risk and compliance management, and sentiment analysis, by large enterprises and small and medium-sized enterprises (SMEs). The industry verticals utilizing speech analytics solutions and services include banking financial services and insurance (BFSI), IT and telecom, media and entertainment, retail and eCommerce, travel and hospitality, government and defense, healthcare and life sciences, and other verticals. The speech analytics market research report is one of a series of new reports from The Business Research Company that provides speech analytics market statistics, including speech analytics industry global market size, regional shares, competitors with a speech analytics market share, detailed speech analytics market segments, market trends and opportunities, and any further data you may need to thrive in the speech analytics industry. This speech analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global speech analytics market size grew from $2.13 billion in 2022 to $2.64 billion in 2023 at a compound annual growth rate (CAGR) of 24.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The speech analytics market size is expected to grow to $6.34 billion in 2027 at a CAGR of 24.5%. The high adoption of speech analytics by companies is significantly driving the growth of the speech analytics market. Since speech analytics help in problem identification, customer experience enhancement as well as sentiment analysis, companies across various industrial segments are adopting speech analytics rapidly. This creates a huge scope for future development of speech analytics technology by key companies through partnerships and strategic alliances. For instance, in September 2021, Scotiabank partnered with Google Cloud to strengthen the bank's cloud-first commitment and speed up its global speech, text, and data analytics strategy. Google Cloud, as a Scotiabank trusted partner for analytics, will assist Scotiabank customers in the Americas and around the world in creating a more personalized and predictive banking experience. This partnership helps Scotiabank to offer more customized banking services by adopting speech and data analytics using Google Cloud. Hence, the increasing adoption of speech analytics by companies is expected to propel the growth of the speech analytics market over the coming years. Using advanced technology is a key trend gaining popularity in the speech analytics market. Major companies operating in the speech analytics sector are focused on developing new technological solutions to strengthen their position. For instance, in April 2021, Verint released the Verint Intelligent Virtual Assistant Professional (IVA Pro) Package, a low-code conversational artificial intelligence (AI) offering that can transform existing conversation data into automated self-service experiences quickly. The package, which is included in Verint's market-leading Intelligent Virtual Assistant (IVA) offering, enables business professionals to quickly deploy a production-ready chatbot to deflect calls and provide customer support. With boundless intelligence for both voice and digital, Verint IVA enables businesses to expand capabilities across the enterprise. In January 2021, Pegasystems Inc., a software company based in the United States that specializes in reducing business complexity, completed the acquisition of Qurious.io, a California-based provider of cloud-based real-time speech analytics solutions for customer service teams powered by artificial intelligence (AI), for an undisclosed sum. This acquisition allows Pegasystems to expand its customer service and bring its intelligent speech analytics software to hundreds of the world's most important brands. Major players in the speech analytics market are NICE Ltd., Verint, Avaya Holdings Corporation, OpenText, Genesys, Calabrio Inc., Clarabridge, Castel Communications, VoiceBase, Google, Vonage, Micro Focus, Zoom International, Almawave, Talkdesk, Alvaria, and Hewlett Packard Enterprise Company. North America was the largest region in the speech analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the speech analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the speech analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The speech analytics market includes revenues earned by entities by providing solutions that understand, analyse, and derive insights from a voice conversation by utilising AI services such as transcription, natural language processing, and speech technologies. Speech analytics is a software application that transcribes the voice calls and extracts deep insights, trends, and metrics from each one. These insights are then used to evaluate agent performance, assess customer experience, and track the organization's overall strengths and weaknesses in every voice interaction. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global speech analytics market is segmented - 1) By Components: Solutions, Services 2) By Deployment Mode: Cloud, On-premises 3) By Organization Size: Large enterprises, Small and Medium-Sized Enterprises (SMEs) 4) By Applications: Customer Experience Management, Call Monitoring and Summarization, Agent Performance Monitoring, Sales and Marketing Management, Risk and Compliance Management, Sentiment Analysis 5) By Vertical: Banking Finance Services and Insurance (BFSI), IT and Telecom, Media and Entertainment, Retail and eCommerce, Travel and Hospitality, Government and Defence, Healthcare and life sciences, Other Verticals

The Wi-Fi analytics refer to a set of activities that collect and analyze customer data from Wi-Fi-enabled devices through Wi-Fi access points. Data captured through various Wi-Fi access points, such as smartphones and laptops, is called Wi-Fi Analytics. The data is used to report performance indicators, including customer traffic, dwell time, and churn likelihood, and also to analyze behavioral patterns, locations, demographic data, and digital marketing campaigns, which will help the business to improve operations, enhance marketing trends, and track campaign results. The main types of components in Wi-Fi analytics are solutions and services. The Wi-Fi analytics solution provides analytical tools to help locations optimise operations and improve marketing performance. The different deployment modes include cloud and on-premise and are used in various applications such as Wi-Fi presence analytics and Wi-Fi marketing analytics. The several industry verticals include retail, hospitality and tourism, sports and entertainment, transportation, healthcare, and other industry verticals. The Wi-Fi analytics market research report is one of a series of new reports from The Business Research Company that provides Wi-Fi analytics market statistics, including Wi-Fi analytics industry global market size, regional shares, competitors with a Wi-Fi analytics market share, detailed Wi-Fi analytics market segments, market trends and opportunities, and any further data you may need to thrive in the Wi-Fi analytics industry. This Wi-Fi analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global wi-fi analytics  market size grew from $12.08 billion in 2022 to $15.29 billion in 2023, at a compound annual growth rate (CAGR) of 26.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wi-fi analytics  market size is expected to grow to $38.22 billion in 2027 at a CAGR of 25.7%. The rise in the deployment of Wi-Fi connections is significantly contributing to the growth of the Wi-Fi analytics market. A Wi-Fi network is an internet connection shared by a wireless router with multiple devices in a home or business. The deployment of Wi-Fi networks is rapidly gaining popularity as more people use laptops, tablets, and smartphones. For instance, according to the World Population Review, a US-based agency for demographic information, approximately 69% of the world's population which equals 4.9 billion people are actively using the internet in 2022 and the number of internet users is increasing at the rate of 4% annually, which translates to over 196 million additional users joining the network every year. In addition, Cisco, a US-based networking hardware company, forecasts a fourfold increase in Wi-Fi hotspots to 628 million in 2023 in its Annual Internet Report. Therefore, the rapid growth in the deployment of Wi-Fi connections will support the growth of the Wi-Fi analytics market. Technological advancement has emerged as the key trend gaining popularity in the Wi-Fi Analytics industry. Rapid technical breakthroughs and improvements in Wi-Fi standards have resulted in the creation of dense platforms with many concurrently connecting systems and IoT connections, such as hospitals, airports, and other public transportation places, which necessitate real-time data processing. For instance, in 2020, Blix Company, an Australia-based software technology company providing analytics and data-driven marketing products, launched AI-driven CountSmart Technology for Wi-Fi analytics. Blix's innovative Wi-Fi analytics technique analyses every packet of smartphone data, regardless of randomization or encryption, allowing it to make use of all available data. This will increase retail analytics data, which will be used to improve the experience of retail customers. In August 2020, Cisco Systems Inc., a US-based company that develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products, acquired ThousandEyes Inc. for an undisclosed amount. This acquisition will help CISCO Systems improve network and application speed while also providing ThousandEyes with visibility into the internet. ThousandEyes Inc. is a US-based company that offers WiFi and LAN monitoring solutions. Major players in the Wi-Fi analytics market are Cisco Systems Inc., Skyfii Limited, Purple Wi-Fi, Fortinet Inc., Zebra Technologies, Hughes Network Systems LLC, GoZone WiFi LLC, Aptilo Networks AB, Bloom Intelligence LLC, Cloud4Wi Inc., Retailnext Inc., CommScope, Soft Emirates, Yelp, Wefi, Extreme Networks, Singtel, SpotOn, Aislelabs, and MetTel. North America was the largest region in the Wi-Fi analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the Wi-Fi analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Wi-Fi analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The Wi-Fi analytics market includes revenues earned by entities by offering tools that are used to create targeted marketing and communication by utilizing customers’ behaviors and preferences data to leverage business operations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wi-fi analytics  market is segmented - 1) By Component: Solution, Services 2) By Deployment: Cloud-Based, On-Premise 3) By Application: Wi-Fi Presence Analytics, Wi-Fi Marketing Analytics 4) By Industry Vertical: Retail, Hospitality And Tourism, Sports And Entertainment, Transportation, Healthcare, Other Industry Verticals

Video analytics is a technology that processes a digital video signal using a special algorithm to provide security to critical infrastructures with a powerful means for tracking people or objects, identifying and detecting intruders, and producing an alarm on types of behavior. The main video analytics components include software and services. Video analytics software helps in digital video surveillance, which comprises of one or more high-end PCs, video capture cards, and licenced analytics software, improves business processes and protects people and property. The organisation size for video analytics includes small and medium enterprises (SMEs) and large enterprises (LOE). The different video analytics deployment modes include on-premise and cloud for end-users including BFSI, retail, critical infrastructure, transportation and logistics, hospitality and entertainment, defence and security, and other end-users. The video analytics market research report is one of a series of new reports from The Business Research Company that provides video analytics market statistics, including video analytics industry global market size, regional shares, competitors with a video analytics market share, detailed video analytics market segments, market trends and opportunities, and any further data you may need to thrive in the video analytics industry. This video analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global video analytics market size grew from $5.87 billion in 2022 to $7.17 billion in 2023 at a compound annual growth rate (CAGR) of 22.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The video analytics market size is expected to grow to $14.9 billion in 2027 at a CAGR of 20.1%. The drop in crime rate due to surveillance cameras is expected to propel the growth of the video analytics market. Surveillance cameras produce a large number of videos and are an essential part of securing any infrastructure. Video analytics helps in reducing crime rates by automatically tracking and gaining reliable insights from video frames, thus reducing the chances of negligence or human errors. For instance, in 2021, according to a systematic review of rigorous studies in the US and UK concerning the crime prevention impact of CCTV, stated that CCTV resulted in a reduction of crimes, especially theft and robberies, in focal areas, and it had been the most effective in public transport schemes (23% reduction) and car parks (more than a 50% decrease). Therefore, the drop in crime rate due to surveillance cameras will drive the growth of the video analytics market. Technological advancements are a key trend gaining popularity in the video analytics market. Major players in the market are focusing on advanced technologies to lead the market. For instance, in September 2022, Dallmeier Electronic GmbH & Co. KG, a Germany-based manufacturer of video security technology, introduced Sedor AI, artificial intelligence-based video analytics for maritime applications. Sedor AI software is designed to detect watercraft on open water surfaces in normal conditions as well as difficult environmental conditions such as waves and water reflections. The software application helps port operators and refineries to protect against unauthorized access from the waterside and associated risks such as terrorist attacks and piracy and it also complies with legal regulations such as the ISPS (International Ship and Port Facility Security)Code. In April 2021, Atos, a French-based information technology service and consulting company, acquired Ipsotek for an undisclosed amount. Through this acquisition, Atos aimed to complement its existing end-to-end offering in Edge AI/ML and reinforce its leading position in Edge and Computer Vision. Ipsotek is a UK-based company that provides video analytics software. Major players in the video analytics market are Allgovision Technologies Pvt. Ltd., Aventura Technologies Inc., Cisco Inc., Honeywell Inc., Intell Vision technologies Corp., Qognify Inc., Gorilla Technology, IBM Corporation, Calipsa, Bosch Security, Huawei Technologies, Bosch Security Systems GmbH, Agent VI, Genetec Inc., and PureTech Systems Inc., North America was the largest region in the video analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the video analytics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the video analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The video analytics market includes revenues earned by entities by providing solutions such as license plate recognition (ALPR), crowd detection, facial recognition, motion tracking & detection, people counting, object detection, and PTZ auto-tracking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global video analytics market is segmented - 1) By Component: Software, Services 2) By Organization Size: Small And Medium Enterprises, Large enterprise 3) By Deployment Model: On-Premise, Cloud 4) By End User: BFSI, Retail, Critical Infrastructure, Transportation And Logistics, Hospitality And Entertainment, Defense And Security, Other End-users