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September 2020

Advanced Analytics

According to Grandview Reasearch, the Advanced Analytics’ US market has almost quadrupled since 2016. The industry is expected to continue to grow at a 20% CAGR over the next couple years, as it continues to evolve in areas such as machine learning and data mining. Furthermore, analytics has become an essential tool for businesses to gain insights into the vast amount of data that is being produced daily. We believe M&A activity in the industry will remain strong, as the Advanced Analytics industry continues to be a main focus of digital transformation spending.