Data Analytics Outsourcing Market: To Register Significant Growth Globally By 2018 - 2026
According to a new report published by Transparency Market Research, the global data analytics outsourcing market is expected to reach the value of US$ 20,681.1 Mn by 2026 on account of the exponential growth in data generation and lack of in-house capabilities of companies. The global data analytics outsourcing market is projected to expand at a CAGR of 29.4% during the forecast period, viz. from 2018 to 2026. The growth of the market can be ascribed to the rising demand for advanced data analytics services across industries and the high adoption of marketing analytics by companies in order to offer the best possible services to their clients. North America is anticipated to be the fastest-growing market for data analytics outsourcing, and is likely to be followed by Asia Pacific, Europe, Middle East & Africa, and South America during the forecast period. The BFSI segment of the data analytics outsourcing market is expected to grow rapidly, primarily due to the r...