The Global Advanced Analytics Market, valued at USD 34.65 billion in 2022, is poised for substantial growth, with the total revenue projected to exhibit a remarkable CAGR of 19.57% from 2023 to 2029, reaching an impressive USD 121.08 billion. Advanced Analytics goes beyond traditional business intelligence methods, employing sophisticated techniques and tools to autonomously or semi-autonomously examine data or content. Techniques such as data/text mining, machine learning, pattern matching, and more are harnessed to uncover deeper insights, predict future outcomes, and generate valuable recommendations. The extensive capabilities of advanced analytics include forecasting, visualization, semantic analysis, sentiment analysis, network and cluster analysis, multivariate statistics, graph analysis, simulation, complex event processing, and neural networks.

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On: September 20, 2024
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