Emerging Trends in Financial Analytics Market Expected to Grow at 9.5% CAGR by 2030, Projected to Reach a Size of USD 19.5 Billion - Unveils Industry Analysis Report

According to Zion Market Research, the global financial analytics market size is projected to reach USD 19.5 billion by 2030 from its value USD 8.22 billion in 2022, at CAGR of 9.5% during forecast period. Asia Pacific's increasing adoption of digital technology, big data technologies, and service providers will boost market growth.

NEW YORK, United States, July 18, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Financial Analytics Market - Comprehensive Analysis, Historical Data, and Forecasts, 2023-2030” in its research database. According to the latest research, the of global financial analytics market size was worth at around USD 8.22 billion in 2022. The market is expected to grow above a CAGR of 9.5% and is anticipated to reach over USD 19.5 billion by 2030.

The report analyzes the global Financial Analytics Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the industry.

Financial Analytics Market Overview:

As the technological advancements are increasing, the need for cloud-based service is also increasing and, in light of this, the demand for financial analytics across numerous enterprises and verticals is expected to enhance the market presence. Financial planning, managing, and forecasting solutions give the user with speed, agility, and accuracy in today’s economic context of escalating volatility, expanding uncertainty, and risk. In today's competitive environment, customer satisfaction is critical for businesses, and thus implementing advanced solutions assists them in obtaining customer feedback. As businesses gain a better understanding of their customers' behavior, it becomes easier to create an omni-channel customer experience model.

Get a Free Sample PDF of this Research Report for more Insights - https://www.zionmarketresearch.com/sample/financial-analytics-market

(Before you plan to buy, sample reports are a great option to examine our in-depth studies or reports)

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Updated Tables and Figures
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historic and Forecast Growth, Porter's 5 Forces Analysis
  • Zion Market Research Methodology

Key Insights from Primary Research

  • As per the analysis, the financial analytics market share is likely to grow above a CAGR of around 9.5% between 2023 and 2030.
  • The Financial Analytics market size was worth around USD 8.22 billion in 2022 and is estimated to hit approximately USD 19.5 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Due to technological advancements in the business intelligence and data analytics sector around the world, the global market for financial analytics is anticipated to expand significantly.
  • On the basis of region, the “Asia Pacific” will likely overtake the global market.

Competitive Players:

The report contains qualitative and quantitative research on the global Financial Analytics market, as well as detailed insights and development strategies employed by the leading competitors.

Some of the main players in the global financial analytics market include; 

  • Microsoft Corporation Alteryx, Inc.
  • Datapine GmbH, Domo, Inc.
  • Tableau Software LLC Rosslyn Data Technologies
  • Fair Isaac Corporation (FICO)
  • QlikTech International AB
  • GoodData Corporation
  • Hitachi Vantara Corporation
  • Oracle Corporation
  • IBM Corporation
  • Information Builders
  • MicroStrategy, Inc.
  • SAP SE
  • SAS Institute,
  • Teradata Corporation
  • Salesforce.com, Inc.
  • TIBCO Software, Inc.
  • Zoho Corporation

Directly Purchase a Copy of the Report | Quick Delivery Available - https://www.zionmarketresearch.com/prebook/su/financial-analytics-market

Global Financial Analytics Market: Growth Factors & Restraints

Financial analytics manages operations associated with business, presents the data and assists in making a quick report in graphical form which is straightforward to understand. The global financial analytics market is expected to witness a significant growth owing to technological advancements in business intelligence and data analytics sector across the globe. With the help of artificial intelligence, the results in financial sector can be improved drastically with respect to accuracy. Thus, adoption of artificial intelligence in financial analytics for better financial management can be a growth factor in the long run.

Finance sector is foremost in every industry and to maintain it with high business intelligence and strategy, the companies are progressing in financial analytics. It helps in gaining deep knowledge about financial data of business, thereby helping in improving overall performance of the business. Moreover, in wealth management firms, the data driven decisions are trusted and accepted more vividly, and thus financial analytics in the world is boosting in wealth creation and management applications. In addition to this, growing investments for financial analytics in healthcare sector in developed countries is also contributing towards the growth of the global financial analytics market.

Furthermore, increasing fraud cases in finance sector since past years and other monetary related risks paves an opportunity for the global financial analytics market. However, security issues related to data privacy is a risk in financial analytics and can hinder the market presence.

Financial Analytics Market: COVID-19 Impact Analysis

The COVID-19 pandemic has accelerated the adoption of artificial intelligence and advanced analytics by manifold. Such strategies have encouraged the customers to engage through digital channels, manage fragile & complex supply chains, and support workers through disruption to their work & lives. Amidst COVID-19, the financial services have revolutionized their business models with the penetration of digitalization and adoption of AI & machine learning. Thus, COVID-19 has had a steady impact on the global financial analytics market across the globe.

Browse Complete Report Here | Financial Analytics Market - By Component (Solution And Services), By Deployment Model (Cloud And On-Premise), By Organization Type (SME And Large Enterprise), By Application (General Ledger Analytics, Wealth Management, Budgetary Control Management, Customer Management, GRC Management, Payables & Receivables Analytics, Transaction Monitoring, And Others.), By End-User (Retail, Consumer Goods, BFSI, Manufacturing, IT, Telecom, Government & Public Sector, Transportation & Logistics, And Healthcare, Among Others.) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2023-2030

Regional Analysis:

In the global financial analytics market, Asia Pacific is anticipated to contribute major growth factors owing to rapidly adopting digital technologies, usage of big data technologies, and service providers in the region. Deployment of big data technology across various sectors by China across several regions is growing the market for financial analytics. With the penetration of internet, requirement of storage for substantial information generated is another factor demanding financial analytics.

Favorable government initiatives are promoting data analytics, artificial intelligence and digital technologies in these enormously populated countries.

North America is said to be the second most dominant region, especially the US where rise in small and medium scale enterprises are growing the adoption of digital technologies and business intelligence, thus promoting the financial analytics sector. European countries such as the UK, France and Germany are also in line of adopting financial analytics for variety of purpose. In the UK, financial analytics market is expected to boom with the database management system work.

Report Scope:

Report AttributeReport Details
Market Size in 2022USD 8.22 Billion
Market Forecast in 2030USD 19.5 Billion
Growth RateCAGR of 9.5%
Base Year2022
Forecast Years2023- 2030
Key Companies CoveredMicrosoft Corporation Alteryx, Inc., Datapine GmbH, Domo, Inc., Tableau Software LLC Rosslyn Data Technologies, Fair Isaac Corporation (FICO), QlikTech International AB, GoodData Corporation, Hitachi Vantara Corporation, Oracle Corporation, IBM Corporation, Information Builders, MicroStrategy, Inc., SAP SE, SAS Institute, Teradata Corporation, Salesforce.com, Inc., TIBCO Software, Inc., Zoho Corporation
Segments CoveredBy Component, By Deployment Model, By Organization Type, By Application, By End-User, and By Region
Regions CoveredNorth America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Customization ScopeAvail customized purchase options to meet your exact research needs.

Request for Customization on this Report as Per Your Requirements - https://www.zionmarketresearch.com/custom/6689

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

The global Financial Analytics market is segmented as follows:

By Component

  • Solution
  • Services

By Deployment Model

  • Cloud 
  • On-Premise

By Organization Type

  • SME 
  • Large Enterprise

 By Application

  • General Ledger Analytics
  • Wealth Management
  • Budgetary Control Management
  • Customer Management 
  • GRC Management
  • Payables 
  • Receivables Analytics 
  • Transaction Monitoring 
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Request Free Brochure of the Global Financial Analytics Market @ https://www.zionmarketresearch.com/requestbrochure/financial-analytics-market

Key questions answered in this report:

  • What is the market size and growth rate forecast for Financial Analytics industry?
  • What are the main driving factors propelling the Financial Analytics Market forward?
  • What are the leading companies in the Financial Analytics Industry?
  • What segments does the Financial Analytics Market cover?
  • How can I receive a free copy of the Financial Analytics Market sample report and company profiles?

Browse Other Related Research Reports from Zion Market Research

  • Safety Service Market By Offering (Services And Solution), By End-User (Petrochemical, Oil & Gas, Pharmaceutical, Chemical, And Others), By And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/safety-service-market-size
  • Crypto Wallets Market By Channel (Online And Offline), By Type (Cold Wallet And Hot Wallet), By End-User (Individual And Commercial), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/crypto-wallets-market
  • Mobile Phone Insurance Ecosystem Market By Type (Accidental, ElectricMobile Phone Insurance Ecosystem Market By Type (Accidental, Electrical/Mechanical Breakdown, Theft Or Loss, Others), By Sales Channel (Direct Channel, Indirect Channel), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/mobile-phone-insurance-ecosystem-market
  • Legal Document Management Software Market By Application (Court, Law Firms & Attorneys, And Others), By Type (On-Premise And Cloud), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/legal-document-management-software-market-size
  • Point Of Sale Display Market By End-Users (Food & Beverages, FMCG, Pharmaceutical, Retail, And Others), By Product Type (Free-Standing Displays And Countertop Displays), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/point-of-sale-display-market
  • Online Poker Market By Device Type (Mobile And Desktop), By End-User (Gambling Enthusiasts, Dabblers, And Social Exuberant) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/online-poker-market

About Zion Market Research:

Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Rushikesh Dorge | Zion Market Research

USA: +1 347 690-0211 | UK: +44 2032 894158 | Japan: +81 50 5806 9039 | India: +91 7768 006 007

Email: sales@zionmarketresearch.com | Web: https://www.zionmarketresearch.com/

Follow Us on - LinkedIn | Twitter | Facebook | Pinterest | YouTube

Also Read Our Blogs: https://zmrblog.com/