The global advanced analytics market size is expected to expand at a CAGR of 24.6% from 2023 to 2035, reaching a revenue of USD 590 billion by the end of 2035. This remarkable expansion can be attributed to factors such as the adoption of cloud-based analytics, the rise of automation and artificial intelligence, and the growing need for predictive analytics, across diverse industries. Additionally, the rising adoption of the Internet of Things (IoT) and the increasing need to enhance customer experience are expected to boost market growth. Key advanced analytics market players include Altair Engineering, Inc., Fair Isaac Corporation FICO, International Business Machines Corporation, KNIME, Microsoft Corporation, Oracle Corporation, RapidMiner, Inc., SAP SE, SAS Institute Inc., and Trianz.
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