A new report by Fact.MR on the global infrastructure for business analytics market expects the market to witness strong growth, registering CAGR of 9.2% during 2017-2026. The global infrastructure for business analytics market is also projected to bring in US$ 25.4 million revenue by 2026 end. Business analytics software is used to collect and analyze historical and current data. Hence, companies are building business analytics infrastructure to drive better decision making and enhanced performance. Moreover, to build analytics infrastructure companies are using a data-driven method to help in decision making process based on data. Following insights show how the global infrastructure for business analytics market will perform in the coming years.
In the near future, the global market for infrastructure for business analytics is poised to expand at a robust pace. As more companies are slated to enter the global business analytics landscape, the demand for servers, flash drives and other infrastructure products is expected to witness an upsurge. Moreover, effective applications of these products will further propel the growth of the global infrastructure for business analytics market beyond IT-based entrepreneurial environments.
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High Demand for Database Servers to Drive Market Growth
The report has analyzed the global infrastructure for business analytics market on the basis of type of infrastructures. Through 2026, database servers are likely to represent the leading segment in the global infrastructure for business analytics market. The report projects that by the end of 2026, nearly US$ 5 Mn worth of database servers will be sold to enterprises globally. The demand for business software servers and analytics servers is also pegged to grow considerably.
ERM Applications to Register Highest Adoption through 2026
In 2017 and further, Enterprise Resource Management (ERM) is expected to emerge as the largest application in the global infrastructure for business analytics market. By 2026-end, nearly US$ 4 Mn worth of infrastructure products will be sold across ERM applications in the world. The report also reveals that structured data management software applications will register fastest revenue growth at a CAGR of 11.5%.
The report has profiled prominent players in the global infrastructure for business analytics market, which include Dell Technologies, HPE, Cisco Corporation, EMC, IBM Corporation, Hitachi, Fujitsu, Lenovo, Huawei Technologies, NetApp, Datacore, Unisys, Pure Storage, NEC, Silicon Graphics, Inspur, Bull SAS, and VCE. A majority of players in the global infrastructure for business analytics market are likely to work towards increasing the responsiveness of business software servers and database servers. Improving the reliability of enterprises on IT-based automation of business intelligence is also a key objective of developers in the global infrastructure for business analytics market.
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