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October 2021

Advanced Analytics

The global Advanced Analytics market was valued at $12.2 billion in 2020 and is expected to grow at a CAGR of 25.7% from 2021 through 2028. This growth is being fueled by more companies adopting advanced analytics and advances in areas like machine learning, data mining, semantic analysis, neural networks, multivariate statistics, and the rising volumes of data generated by businesses. Outside of a continued strong M&A market, players in the Advanced Analytics market are also investing aggressively in R&D activities to drive organic growth.