Cloud Analytics Market: Size, Share, Trends, Current and Future Analysis
The report " Cloud Analytics Market by Solution (Analytics Solutions, Hosted Data Warehouse Solutions, and Cloud BI Tools), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Size, Industry Vertical, and Region - Global Forecast to 2025" , size to grow from USD 23.2 billion in 2020 to USD 65.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. The major factors driving the growth of the cloud analytics market are increasing data connectivity through hybrid and multi-cloud environments, the cost benefitss of cloud-based analytics solutions, and growing trend of digitalization and massive rise in big data. Furthermore, Insufficient in-house IT expertise and equipment, and growing use of mobile apps due to the COVID-19 pandemic are expected to provide opportunities for enterprises operating in various verticals in the cloud analytics market. The analytics solution segment to record the highest growth...