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October 2018
Advanced Analytics
Sectorwatch
The global advanced analytics market is expected to witness accelerated growth owing to increased development of cloud-based technologies and adoption of AI. The growing amount of data managed by enterprises are opening the doors to advanced analytics techniques and is responsible for fueling the market growth.
Industry Trends:
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin exceeds the average of the last 3 years gross profit margin, indicating supplier pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
