Global Data Mining Tools Market 2019 to Expand at a CAGR of 12.3% by RapidMiner, KNIME, Teradata, MathWorks, H2O.ai, Alteryx, FICO, Angoss, Salford Systems & Others

Source:- atechnologymarket.com

This data mining tools market research report predicts the size of the market with information on key vendor revenues, development of the industry by upstream & downstream, industry progress, key companies, along with type segment & market application. All statistical and numerical data mentioned in the report is symbolized with the help of graphs and charts which eases the understanding of facts and figures. To succeed in this competitive age, it is very imperative to get well-versed about the major happenings in the market which is possible only with the excellent market report like this one.

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Data mining tools market study takes into account a market attractiveness analysis, where each segment is benchmarked based on its market size, growth rate, and general attractiveness. Geographical scope of the products is also carried out comprehensively for the major global areas such as Asia, North America, South America, and Africa which helps define strategies for the product distribution in those areas. A comprehensive market research carried out in this report puts a light on the challenges, market structures, opportunities, driving forces, scope, and competitive landscape for your business. The data mining tools report assists to achieve an extreme sense of evolving industry movements before the competitors.

Key Players: 

The renowned players in data mining tools market are IBM, Microsoft, SAS Institute, Oracle, Intel Corporation, SAP SE, RapidMiner, KNIME, Teradata, MathWorks, H2O.ai, Alteryx, FICO, Angoss, Salford Systems, BlueGranite, Megaputer,  Biomax Informatics, Frontline Systems, Dataiku (, Wolfram, Reltio, SenticNet, Business Insight among others.

Market Analysis: 

The Global Data Mining Tools Market accounted for USD 521.2 million in 2017 and is projected to grow at a CAGR of 12.3% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Segmentation: Global Data Mining Tools Market

The global data mining tools market is based on component, services, business functions, deployment model, enterprise size, industry vertical and geographical segments.

Based on component, the market is segmented into tools and services.

Based on services, the market is segmented into managed services, consulting and implementation and others. The others segment can be further sub segmented into support and maintenance and training and education.

Based on business functions, the market is segmented into marketing, finance, supply chain and logistics and operations.

Based on deployment model, the market is segmented into cloud and on-premises.

Based on organization size, the market is segmented into small, medium-and large sized enterprises (SMES).

Based on industry verticals, the market is segmented into retail, banking, financial services, and insurance (BFSI), healthcare and life sciences, telecom and it, government and defense, energy and utilities, manufacturing and others (education, and media and entertainment).

Based on geography the global data mining tools market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

 

Competitive Analysis: 

The global data mining tools market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of data mining tools market for global, Europe, North America, Asia Pacific and South America.

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