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October 2020

Advanced Analytics

Advanced Analytics’ U.S. market size has almost quadrupled over the past 4 years, according to Grand View Research. It is expected that the industry will continue growing at above 20% CAGR over the next couple of years, as the industry continues to innovate in areas such as machine learning and data mining. Analytics have become an essential tool for businesses to gain insights into the vast amounts of data that are being produced daily. We believe that M&A activity in the space will remain strong as the industry remains a main focus of digital transformation spending.