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This article discusses the growing trend of cloud analytics and its impact on businesses. Cloud analytics is the process of analyzing data on the cloud to gain deeper insights and make better decisions. It is expected to reach a value of USD 191.29 billion by 2031, with a CAGR of 27.1% during the forecast period. The increasing adoption of cloud by enterprises and the huge amount of data being generated by businesses are the key drivers of this market. The public cloud segment is expected to dominate due to the rise in innovations and the demand for analytics solutions. Other factors such as improved data governance and secure entry points also contribute to the growth of cloud analytics.
