The global cloud analytics market is projected to reach USD 118.5 billion by 2029, with a CAGR of 27.1% during the forecast period. The market is driven by the exponential increase in unstructured data and the rise in digitalization trends, but faces challenges such as discrepancies among data sources and concerns over data security and privacy. The Solutions segment is expected to hold the largest market size, with factors such as scalability, cost-effectiveness, and integration with other cloud services driving its growth.
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