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Financial Analytics Market is expected to generate a revenue of USD 32.13 Billion by 2031, Globally, at 11.53% CAGR: Verified Market Research®

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The Financial Analytics Market is driven by the rising demand for data-driven decision-making, increasing adoption of cloud-based analytics solutions, and the growing emphasis on regulatory compliance. However, market growth is restrained by high implementation costs, data privacy concerns, and the complexity of integrating financial analytics with existing systems. Additionally, the shortage of skilled professionals poses a significant challenge to market expansion.
LEWES, Del., Aug. 28, 2024 /PRNewswire/ — The Global Financial Analytics Market Size is projected to grow at a CAGR of 11.53% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 14.51 Billion in 2023 and is expected to reach USD 32.13 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=6336
Browse in-depth TOC on “Global Financial Analytics Market Size”
202 – Pages
126 – Tables
37 – Figures
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2031
BASE YEAR
2023
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Accenture, Agilysys, AlphaSense, Bloomberg LP, Celonis, Cignite, CloudHedge, Cognizant
SEGMENTS COVERED
By Component, By Deployment Mode, By Organization Size, By Solution Type, By End-User Industry, and By Geography
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope.
 
Global Financial Analytics Market Overview
Data-Driven Decision Making: The Financial Analytics Market is driven by the growing demand for decision-making based on data. Companies are utilizing financial analytics to gain valuable insights into profitability, risk management, and forecasting, which in turn allows them to make more informed strategic decisions. The increasing dependence on analytics tools improves operational efficiency and gives organizations a competitive edge. This trend is fueling market growth as businesses strive to maximize their financial performance.
Adoption of Cloud-Based Solutions: The widespread use of cloud-based financial analytics solutions is a major factor contributing to the growth of the Financial Analytics Market. These solutions provide the ability for businesses to easily access real-time data and analytics from any location, offering scalability, flexibility, and cost-efficiency. With the increasing adoption of cloud technology, there is a growing need for sophisticated financial analytics tools. This surge in demand is driving market growth and opening up new possibilities for vendors to develop cutting-edge products.
Regulatory Compliance Pressure: The Financial Analytics Market is being driven by strict regulatory requirements in the financial sector. Financial analytics are being utilized by organizations to ensure compliance with evolving regulations, such as IFRS and SOX. These tools are essential for ensuring accurate reporting, risk assessment, and audit preparation, which in turn helps to minimize the risk of non-compliance penalties. The increasing focus on regulatory compliance is a significant driver behind the increasing use of financial analytics solutions.
High Implementation Costs: Despite the advantages, the Financial Analytics Market encounters obstacles as a result of the significant expenses associated with implementation. The cost of implementing advanced analytics solutions can be a major obstacle, especially for small and medium-sized businesses. These costs encompass software licensing, integration with existing systems, and ongoing maintenance. Cost concerns may potentially hinder market growth, particularly in organizations with limited budgets.
Data Privacy and Security Concerns: Data privacy and security concerns pose significant challenges in the Financial Analytics Market. Given the growing amount of sensitive financial data being processed, organizations are understandably concerned about the possibility of breaches and ensuring compliance with data protection regulations. These concerns may cause some hesitation when considering financial analytics solutions, especially cloud-based platforms. There is a perception that data control is less secure in the cloud, which could potentially hinder market growth.
Complex Integration Challenges: Integrating financial analytics tools with existing legacy systems can be quite complex, which poses a significant challenge in the Financial Analytics Market. Organizations frequently encounter technical obstacles and interruptions when integrating new analytics solutions into their existing IT infrastructure. The complexity of this situation often results in implementation delays, higher costs, and internal resistance from stakeholders. As a result, the widespread adoption of financial analytics solutions is hindered.
Geographical Dominance:
North America leads the Financial Analytics Market due to its advanced financial sector, early adoption of innovative technologies, and strong regulatory frameworks. This dominance drives market growth as top companies in the region invest in advanced analytics solutions to improve decision-making and compliance. In addition, the presence of major market players encourages innovation and competition, which enhances the region’s impact on the global market expansion.
Key Players
The “Global Financial Analytics Market” study report will provide a valuable insight with an emphasis on the global market.  The major players in the market are Accenture, Agilysys, AlphaSense, Bloomberg LP, Celonis, Cignite, CloudHedge, Cognizant.
Global Financial Analytics Market Segment Analysis
Based on the research, Verified Market Research has segmented the global Financial Analytics Market into Component, Deployment Mode, Organization Size, Solution Type, End-User Industry, and Geography.
Financial Analytics Market, by ComponentSolutionServicesFinancial Analytics Market, by Deployment ModeOn-premiseCloudFinancial Analytics Market, by Organization SizeLarge EnterprisesSmall and Medium-sized Enterprises (SMEs)Financial Analytics Market, by Solution TypeDatabase Management and PlanningAnalysis and ReportingOthersFinancial Analytics Market, by End-User IndustryBanking, Financial Services, and Insurance (BFSI)IT and TelecomManufacturingRetail and E-commerceGovernmentHealthcareOthersFinancial Analytics Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin AmericaBrowse Related Reports:
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Top 5 Personal Finance Apps managing users’ wealth properly
Visualize Financial Analytics Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.
With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.
VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.
Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.
Contact Us
Mr. Edwyne FernandesVerified Market Research®US: +1 (650)-781-4080US Toll Free: +1 (800)-782-1768Email: mailto:[email protected]: https://www.verifiedmarketresearch.com/Follow Us: LinkedIn | Twitter
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Akuvox S567G Smart Indoor Monitor Has Received Google Mobile Service Certification

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September 14, 2024

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XIAMEN, China, Sept. 13, 2024 /PRNewswire/ — Akuvox has announced its S567G, an indoor monitor powered by Android™, to have received Google GMS certification. This certification ensures full support for Google Services, allowing users to download and update apps directly from the Google Play Store, including smart home control apps. It also enhances system security, protecting against malware and unauthorized access.

GMS certification involves comprehensive testing and approval by Google or a designated 3PL lab, validating security and compatibility to ensure seamless integration within the Android ecosystem. Receiving GMS certification underscores Akuvox’s leadership in the smart intercom industry. Building on its legacy as the pioneer of Android smart intercoms, Akuvox continues to elevate its Android systems with Google’s rigorous certification, offering clients flexible and sophisticated smart intercom solutions. 
The S567G’s GMS certification ensures flawless operation with key Google apps like Chrome, Gmail, YouTube, Maps, and the Play Store. Edward Shi, Product Manager of the S567G, notes, “The positive feedback we’ve received from clients, even during testing, confirms that this device is transforming daily life. It’s more than just an intercom — it’s a versatile tool, even capable of functioning as a small TV. Our team has worked tirelessly to meet the highest standards, and I’m excited to see how it enhances smart living for our users.”
The S567G’s features extend beyond intercom functionality. With four HD speakers and a 1280 x 800 IPS LCD screen, it offers an exceptional audio-visual experience, redefining the concept of an indoor monitor. Whether for entertainment or smart home control, the S567G stands out as a versatile wall-mounted tablet, bringing innovation to every interaction.
About Akuvox
Akuvox is a global leading provider of smart intercom and smart home products and solutions. It is committed to unleashing the power of technology to improve people’s lives with better communication, greater security, and more convenience. Encompassing artificial intelligence, SIP, Android, cloud, security, and other advanced technologies, Akuvox continuously drives breakthrough changes in the industry and creatively delivers an unrivaled portfolio of smart intercom and smart home products and solutions. It has been deployed and used daily in more than 110 countries and regions, meeting customer needs in various vertical markets that range from residential to commercial, from healthcare to public safety.
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SeaBubbles Accelerates Sustainable Maritime Mobility with SmartBubble and Strategic Acquisition

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September 13, 2024

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SAINT JORIOZ, France, Sept. 13, 2024 /PRNewswire/ — SeaBubbles, French pioneer in zero-emission hydrofoils, strengthens its commitment to ecological transition with the launch of SmartBubble, new flying boat model combining cutting-edge technology with iconic design. This innovative vessel, designed to carry up to eight people at a speed of 16 knots (30 km/h), takes its passengers on a silent and environmentally friendly flight, ideal for water taxi services and urban transportation.

SmartBubble: Concentration of Technology and Design
Following the success of its first public line on Lake Annecy, where hundreds of passengers experienced the unique sensation of flying aboard The Bubble (4-seater model), SeaBubbles reaches a new milestone with the homologation of the SmartBubble (8-seater model) and its four patents, including retractable foils.
SmartBubble technology is geared towards energy efficiency. The submerged wings (foils) equipped with automatic flaps allow to fly at low speeds, saving 40% of energy required. This unique boat has just been presented afloat for the first time at the Cannes Yachting Festival.
SeaBubbles Strengthens Flight Control Expertise with Neocean Acquisition
SeaBubbles also announces the acquisition of Neocean technology, to accelerate the development of flight control expertise, specifically on “inverted T” foils. Neocean is renowned for developing the Overboat, foiling catamaran with proven stability and maneuverability.
SeaBubbles is a key player in hydrofoil navigation, technology that improves energy efficiency of boats, particularly electric ones. The flight control system is a central element of the flight experience: it is designed to ensure stable flight by dynamically and autonomously managing the mechanical inclination of the flaps on the trailing edges of the foils.
SeaBubbles: Vision for the Future
SeaBubbles’ ambition is to revolutionize urban and suburban maritime transport with more efficient and environmentally friendly boats. Examples such as the Calanques National Park, Norwegian fjords, alpine lakes or the canals of Amsterdam demonstrate a committed initiative towards the preservation of aquatic ecosystems by gradually banning the circulation of thermal boats.
“Foils significantly reduce the drag of our boats, allowing our hydrofoils to move more easily and with less energy than a conventional boat: a considerable gain in cost and energy,” explains Virginie Seurat, CEO of SeaBubbles. “The acquisition of Neocean marks a decisive turning point and prepares us for our industrialization phase. We are ready to redefine the pleasure of boating and offer boats that comply with increasingly stringent environmental standards, while offering unique sailing comfort – zero noise, zero waves, zero emissions.”
AxiCom for SeaBubbles, [email protected] 
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Amagi and BuyDRM Partner to Secure Streaming Video on PlayMedia’s FAST Platform GoPlay

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September 13, 2024

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NEW YORK, Sept. 13, 2024 /PRNewswire/ — Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), today announced a partnership with BuyDRM, a leading content security services and solutions provider offering cloud-based content security for the streaming video platform GoPlay by PlayMedia. This successful collaboration with BuyDRM’s KeyOS Content Security Platform provides robust safeguards for valuable video content while allowing PlayMedia to focus on delivering high-quality video experiences to its audience without compromising security.

This partnership marks a significant step forward in addressing the evolving challenges of content security in today’s digital landscape. By combining BuyDRM’s expertise in DRM solutions with Amagi’s scalable cloud infrastructure, PlayMedia can ensure comprehensive protection for its content library against piracy and unauthorized access.
BuyDRM’s KeyOS Content Security Platform is an award-winning, studio-approved multi-DRM and watermarking content security platform for video. The KeyOS platform protects the assets of copyright holders and distributors with robust security services and solutions for high-value video content and is trusted by many of the most prominent names in media and entertainment across the globe.
Srinivasan KA, Co-Founder and Chief Revenue Officer at Amagi, said, “Our partnership with BuyDRM aligns perfectly with our endeavor to empower content creators and distributors with innovative technology. Integrating BuyDRM’s KeyOS platform into our cloud-based platform offers our customers like PlayMedia the peace of mind they need to focus on delivering exceptional content.”
“The alliance with Amagi made it possible for our mutual customer, PlayMedia, to utilize our content security offering in a cloud-based environment without sacrificing their security standards and the user experience,” said Christopher Levy, BuyDRM CEO and Co-Founder. “Both companies worked hard to empower PlayMedia with the technology needed to thrive in today’s streaming market.”
Amagi provides a complete suite of channel creation, distribution, and monetization solutions. The company’s clients include some of the world’s biggest names, including A+E Networks UK, ABS-CBN, Astro, Cox Media Group, DAZN, Globo, Lionsgate Studio, NBCUniversal, Tastemade, and VIZIO.
Amagi is exhibiting at IBC2024. Attendees can join Amagi and experience its innovative media cloud platform, which addresses unified broadcast and streaming TV workflows. Click here to book a meeting with Amagi executives.
About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live, linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services, bringing simplicity, advanced automation, and transparency to all broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and 5,000+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, Toronto, Mexico City, London, Paris, Sydney, Seoul, and Singapore, broadcast operations in New Delhi, and innovation centers in Bengaluru, Zagreb, and Łódź.
About BuyDRM
BuyDRM™ is a leading global provider of content security services for the entertainment, education, enterprise, and hospitality industries. BuyDRM’s KeyOS content security platform powers many of the largest brands in media and technology. With decades of market-leading experience implementing commercial content security solutions and media technologies, BuyDRM has amassed substantial success stories for many of today’s largest brands such as ABC (Australian Broadcasting Corporation), Daily Rounds, Deluxe Digital, EPIX, FuboTV, POPS Singapore, Rakuten Viki, Redbox, Roku, Samsung TV+, SBS Australia, Showtime, Sinclair Digital, Soundcloud, Sportradar, TubiTV and ViaPlay.
For more information, please visit www.buydrm.com.
Amagi Contact:
Aashish WashikarDirector – Corporate Communications Email: [email protected]
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