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Edge Computing Market Report 2021-26, Size, Share, Growth, Analysis, Trends and Forecast
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Edge Computing Market Report 2021 | Industry Insights, Share, Size, Growth, Trends And Forecast 2026
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Drones Market 2021: Size, Growth, PDF Report and Forecast till 2026
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Business Analytics Market Trends 2021 | Industry Growth, Share, Size, Demand and Future Scope 2026
iCrowd Newswire
04 May 2021, 15:08 GMT+10
According to the latest report by IMARC Group, titled Business Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, the global business analytics market size experienced healthy growth during 2015-2020. Business analytics is a data management solution, which includes collating, sorting, processing and transforming data into business insights. It utilizes sophisticated data, quantitative analysis, mathematical models, information systems, computer science, operations research to analyze the data, develop models, predict future events and recommend adequate actions to maximize ideal outcomes. Some of the main components of data analytics are data aggregation, data mining, association and sequence identification, text mining, forecasting, predictive analytics, optimization, and data visualization.
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The global marketing resource management market size is expected to register a CAGR of around 12% during 2025, according to a new report published by IMARC Group. Marketing resource management (MRM) is an application that is utilized for managing and measuring the effectiveness of marketing activities, which includes budgets, tasks, ideation and creation. It allows an organization to plan campaigns, centralize resources, create and develop projects, produce and disseminate images and campaign collateral, and analyze and optimize marketing and communication resources. Consequently, it is employed in the banking, financial services, and insurance (BFSI), information technology (IT), telecommunications, healthcare, life science, media and entertainment, travel and tourism, education, energy and utilities, and mining and construction industries.