Financial Analytics Market Outlook and Forecast up To 2020: Grand View Research, Inc.

Financial Analytics Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

The financial analytics market is expected to witness changing view from enterprise profitability to customer profitability over the forecast period.

Financial analytics has gained importance as a research tool for the corporate bond and equality markets. Owing to its crucial role in investigating a company’s macro and micro environments, the financial analytics market is expected to observe substantial growth over the forecast period. Technological advancements have led to automation of several organizations in order to enhance the business process efficiency.

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Increased focus on data transparency and enhanced technologies in business analytics and BI is expected to favorably impact market growth.Key industry verticals

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transportation

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logistics,

telecommunications, hospitality, retail, media & entertainment, public sector, healthcare, government, energy and BFSI.BFSI is expected to be a major contributor to market growth, attributable to regular financial functions such as compliance management, governance, payable, budgetary control, receivable, asset & liability and general ledger. The advent of cloud computing is expected to have a long-lasting bearing on the market. Increased financial risks, growing demand for cloud analytics and increased complexity in financial analytics have crafted huge opportunities for financial analytics.

Additionally, contemporary business models such as business-to-employee (B2E), business-to-business (B2B) and business-to-customer (B2C) is expected to provide a fillip to the financial analytics market. Security concerns coupled with need for addressing several business dimensions is expected to restrain market growth.

Key market participants offer incorporated business intelligence suites solutions as well as individual solutions. Some of them include Oracle, SAP, IBM, TIBCO Software and MicroStrategy Inc.

Request TOC of “Financial Analytics Market Research Reports" visit http://www.grandviewresearch.com/industry-analysis/financial-analyticsmarket/request-toc About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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