According to a new market research report published by sheer analytics and insights, “The Global Data Analytics Outsourcing Market was $4.3 Bn in 2020, and it is expected to reach $36.3 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 20.6% between 2021-2031”, as per the latest market research report titled Global Data Analytics Outsourcing Market - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.
This growth of this market is mainly because of the emergence of the social analytics along with the increase in the volumes of the user data. Besides this there is also an increase in the usage of social media which in turn has led to the generation of huge amount of data. Hence if there is reduction in the data storage prices it will further help to accelerate the growth of this market during the forecasted period.
Geographically, The Global Data Analytics Outsourcing Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
Major Players In Global Data Analytics Outsourcing Market
Some of the major players in the Global Data Analytics Outsourcing Market include Accenture PLC, Capgemini SE, Cognizant Technology Solutions Corp., Genpact Ltd., Gramener, IBM Corporation, Infosys Ltd., Mu Sigma Inc., Tata Consultancy Services Ltd., Wipro Ltd., ZS Associates Inc.
The Global Data Analytics Outsourcing Market Has Been Segmented Into:
Global Data Analytics Outsourcing Market, By Type
Global Data Analytics Outsourcing Market, By Application
Global Data Analytics Outsourcing Market, By End-Use
Global Data Analytics Outsourcing Market, By Region