Latin America Cloud Analytics Market

NAVI MUMBAI, India - Feb. 27, 2015 - PRLog -- The Latin American cloud analytics market is expected to grow from $194.6 million in 2014 to $698.8 million by 2019, at an estimated CAGR of 29.1%, during the forecast period. The drivers for the Latin American market include utility enhancement in multiple domains, constant growth in big data, and effortless installment.

Cloud analytics is mainly a cloud-enabled solution that allows an organization or individual to perform business analysis or intelligence procedures. These solutions and services are delivered through cloud models, such as hosted data warehouses, SaaS business intelligence (BI) and social media analytic products powered by the cloud. Cloud analytic services work similar to a typical data analytics service, providing similar features and capabilities. The only difference is that cloud analytics integrates some or all of the service models of cloud computing in delivering that solution.

Latin America is one of the emerging cloud analytics market, among regions. Cloud analytics market is driven due to its cost effective and easy to install nature, and the growth in big data. Apart from these, conventional business analytics solutions are also one of the drivers for the cloud analytics market. Old business solutions are very intricate to work and consume a lot of deployment time whereas, cloud analytics solutions are easy to use, saves time, and is being adopted by all types of organizations (small, medium, and large).

The market report further provides a competitive landscaping of the leading players in the industry such as SAS, SAP, Oracle, IBM, and Salesforce, among others in terms of their product offerings, key strategies, and operational parameters. The Latin American market report provides market trends, overall adoption scenarios, competitive landscape, key drivers, restraints, and opportunities in this market. The report also aims at estimating the current size and the future growth potential of this market across different applications, verticals, and regions.

Report Options:

We have the following market segmentation in our Latin American cloud analytics market report:

Cloud Analytics, By Solutions: Cloud business intelligence tools, hosted data warehouse solutions, complex event processing, analytics solutions

Cloud Analytics, By Organization Size: Small business, medium business, and large enterprises

Cloud Analytics, By Delivery Models: Public cloud, private cloud, hybrid cloud, and community cloud

Cloud Analytics, By Verticals: BFSI, healthcare and life science, consumer goods and retail, and hospitality, telecommunications, government

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