Asia Pacific Cloud Analytics Market
Posted: Feb 02, 2019
Asia Pacific Cloud Analytics Market is expected to reach US$ 26 Bn by 2024 at a CAGR of 18%.Asia Pacific market for cloud analytics has been segmented into deployment, organization size, solutions, and geography. On the basis of deployment, the Asia Pacific Cloud Analytics market is divided into a private cloud, public cloud, hybrid cloud, and community cloud. Based on solutions, the Asia Pacific Cloud Analytics market comprises cloud BI tools, enterprise information management, enterprise performance management, hosted data warehouse solutions, government, risk, and compliance, complex event processing, and analytics solutions. Considering the organization size, it includes small and medium-sized business and large enterprises. According to vertical, market is segmented into BFSI, media and entertainment, business and consulting services, research and education, retail and consumer goods, telecommunication, healthcare, and life sciences, energy, government, manufacturing, and others. Geographically market is divided into Asia Pacific, China, Japan, India, South Korea, Australia, Others. Initially, the requirement of cloud analytics was primarily driven by marketing needs or to connect information of organization across borders. But as technology has evolved companies in the Asia Pacific region especially China has begun introducing data analytics and cloud based analytics across all industries along with being enthusiastically adopted by the government as well. In parallel with developments North America, China’s internet giants have all started out specializing in their own niches including search, retail and social. Data analytics and cloud computing are two of the most critical areas that have enabled the market for cloud analytics. At the beginning of the technology’s lifecycle, the implementation of cloud solutions in the analytics market was very slow. In recent times, the power for analytics on the cloud has projected the market across both small and medium businesses (SMBs) as well as enterprises. This market is expected to be more competitive in the coming years as the focus is expected to be more on performance and scalability, where start-ups, as well as tier one companies, will have a bigger role to play. China, India, Japan, and South Korea are some of the key countries that were the major contributors to the growth of the Asia Pacific Cloud Analytics market. China’s tech-savvy consumers and candidness toward embracing newer technological innovations is a forerunner of growth for the cloud analytics market in the Asia Pacific region. With all of these factors, businesses in Asia Pacific region are taking advantage of big data analytics and entering its next phase of technological and economic growth. Key players operated in market includes Talking Data, ZDNet, Avanade China, CIO, Think China, ISEMAG, Bain & Company, SAP SE, Oracle Corporation, Microsoft Corporation, IBM Corporation, Google Incorporation, Hewlett-Packard, Vmware, Inc., Microstrategy, BAB, Intel Corporation, Nanobi Analytics, Birst. The scope of Asia Pacific Cloud Analytics Market: Asia Pacific Cloud Analytics Market by Deployment: • Private cloud • Public cloud • Hybrid cloud • Community cloud Asia Pacific Cloud Analytics Market by Solution: • Cloud BI tools • Enterprise information management • Enterprise performance management • Hosted data warehouse solutions • Government, Risk, and Compliance • Complex event processing • Analytics solutions Asia Pacific Cloud Analytics Market by Organization Size: • Small and medium-sized business • Large enterprises Asia Pacific Cloud Analytics Market by Vertical: • BFSI • Media and entertainment • Business and consulting services • Research and education • Retail and consumer goods • Telecommunication • Healthcare and life sciences • Energy • Government • Manufacturing • Others Asia Pacific Cloud Analytics Market by Geography: • Asia Pacific • China • Japan • India • South Korea • Australia • Others Key Players Operated in Asia Pacific Cloud Analytics Market: • Talking Data • ZDNet • Avanade China • CIO • Think China • ISEMAG • Bain & Company • SAP SE • Oracle Corporation • Microsoft Corporation • IBM Corporation • Google Incorporation • Hewlett-Packard • Vmware, Inc. • Microstrategy • BAB • Intel Corporation • Nanobi Analytics • Birst.
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