Press Release

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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