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The Global Data Analysis Market was valued at US$ 41.39 billion in 2022 and is projected to reach US$ 346.33 billion by 2030, growing at a CAGR of 30.41%. This market is made up of businesses and technologies that offer ways to process and analyse large amounts of data. On-premises deployment means installing data analysis software on the servers and infrastructure of a company, while cloud-based deployment makes things easier to get to and lets people work and work together from a distance. The BFSI sector has been using data analysis for a long time, and the market is expected to grow due to the rise in demand for cloud-based data analysis solutions and the need for remote working during the COVID-19 pandemic.
