Brazil Data Analytics Market to Grow at Formidable Rate During Forecast Period
Rising awareness among
organizations about generated data and growing usage of internet to drive the
growth of the Brazil data analytics market through 2025
According to
TechSci Research report, “Brazil Data Analytics
Market By Component, By
Deployment, By Organization Size, By End-user Industry, By Region, By Company,
Competition, Forecast & Opportunities, 2025”, Brazil data
analytics market is anticipated to grow substantially during the forecast
period. The reason for the growth of the data analytics market in Brazil
includes rising number of businesses that rely on large scale data analytics to
obtain greater insights of their customers behavior along with their respective
business requirements. Moreover, increasing awareness among the organizations
regarding the generated data which can be used for foretelling future outcomes
is positively influencing the growth of data analytics market in the country.
Furthermore, rising penetration of integrated and connected technologies is
further projected to boost the market growth over the coming years.
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Brazil data
analytics market can be segmented based on component, deployment, organization
size, end-user industry, company and region. In terms of deployment, the market
can be segmented into on-premise and on-demand. Out of which, on-demand is
estimated to be the fastest growing segment during the forecast years which can
be attributed to the numerous benefit it offers, such as simple deployments,
reduced operational costs, and higher scalability. On the other hand, the data
analytics solution providers are focusing more on development of robust
cloud-based solutions for their customers because many organizations have
migrated to either private or public cloud.
Oracle do Brasil
Sistemas Ltda, Atos Origin Brasil Ltda, Juniper Networks Brazil Ltda, IBM
Brasil-Industria Maquinas e Servicos Ltda, Hewlett-Packard Brasil Ltda, Cisco
do Brasil Ltda and Intel Brasil are the leading players operating in Brazil data
analytics market.
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“Brazil
data analytics market is anticipated to
grow at substantial rate during the forecast period due to growing internet utilization
and need to efficiently manage large volumes of data. Additionally, presence of
active collaboration among different enterprises, high investment rate, growing
applications of data analytics in areas like media, academic research,
healthcare and entertainment are amongst few factors which are estimated to
drive the growth of data analytics market in the country through 2025.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Brazil Data Analytics Market By Component, By
Deployment, By Organization Size, By End-user Industry, By Region, By Company,
Competition, Forecast & Opportunities, 2025” has evaluated
the future growth potential of Brazil data analytics market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Brazil data analytics market.
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