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May 1, 2020, 2:02 p.m. EDT

Service Analytics Market Stand Out as the Biggest Contributor to Global Growth and Will Hit CAGR of 13.6% By 2027 | Top Players Microsoft Corporation, BlueFletch, Aureus Analytics, Centina Systems and Others.

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May 01, 2020 (CDN Newswire via Comtex) -- The Service Analytics Market is expected to reach USD 1.56 Billion by 2027, according to a new report by Reports and Data. Service analytics is the method of processing, capturing, and analyzing the data produced from the performance of a service system to extend, enhance, and personalize a service to design value for both service providers and customers.

The Key players in the Service Analytics Market include SAP SE, SAS Institute, Agile CRM, Microsoft Corporation, BlueFletch, Aureus Analytics, Centina Systems, ClickSoftware Technologies, Microstrategy Incorporated, Numerify, Inc., Mobi, Oracle, Salesforce.com, Inc., Sisense, Servicenow, Inc., and Tableau Software.

High-level analytics incorporate interrelated technologies, the most popular of which are natural language processing (NLP) and extraction, artificial intelligence/machine learning, and big data technologies. These technologies and methods, while not generally deployed in healthcare, are all practiced to fluctuating degrees by most of the vendors. As these technologies develop, advanced analytics, it will allow more precise predictive and determined capabilities.

Get Access to Report Sample by clicking here @ https://www.reportsanddata.com/sample-enquiry-form/2301

This report covers the recent COVID-19 incidence and its impact on Service Analytics Market . The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The market in the APAC region is expected to witness the highest CAGR of 14.5% during the forecast period. Organizations in the region are developing Data and Analytics tools and platforms to achieve different data sets with more significant volumes and derive more in-depth insights from the data. Enhanced investment tools and services required for the change of existing business methods and the creation of innovative products/services through more profound insights produced from Analytics tools, will establish a significant growth factor.

For the purpose of this study, Reports and Data have segmented the market on the basis of Deployment, Component, Function, Application, and region:

Deployment Outlook (Revenue, USD Million; 2020-2027)

  • On-Premise

  • Cloud

Component Outlook (Revenue, USD Million; 2020-2027)

  • Solutions

  • Services

Function Outlook (Revenue, USD Million; 2020-2027)

  • Customer Service Analytics

  • IT Service Analytics

  • Field Service Analytics

Application Outlook (Revenue, USD Million; 2020-2027)

  • BFSI

  • Retail and eCommerce

  • Energy and Utility

  • Government

  • Others

Regional Outlook (Revenue, USD Million; 2020-2027)

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