Report Code: A14546 | Pages: NA | Jul 2023 | 1829 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Statistics Software Market
Request Now !The statistical software market has encountered significant development over the recent years and is anticipated to grow tremendously during the forecast period. Statistical software is specialized computer programs for analysis in statistics and econometrics. Statistical software are programs, which are used for statistical analysis of the collection, organization, analysis, interpretation, and presentation of data.
COVID-19 scenario analysis:
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Surge in demand for cloud-based statistics software among SMEs
Increase in accessibility of huge volume of data and easily available cheap data center services delivered by cloud vendors led to debility in the costs of upfront investment for small and medium-sized businesses, which, in turn, is reducing the statistics software market entry barrier. In addition, this has improved the demand for cloud-based statistics software among small & medium-sized enterprises (SMEs). Likewise, SMEs are gradually implementing software business analytics to gain enhanced insights into how they run their businesses in better way. Increased competitive advantage and growth in proceeds are among the top priorities for which SMEs are investing in cloud-based statistics analytical software market.
Increase in awareness regarding frequent benefits provided by statistics software solutions
Ability of statistics software to provide better and faster decision-making and to provide competitive advantage by analyzing & acting upon information in a timely manner propels the growth of the market. In addition, the demand for statistics software like business analytics is continuously increasing, due to the benefits offered such as easy access to vital business metrics, useful insight on customer behavior, increased revenue, and improved efficiency. Additionally, companies are implementing business analytics for real-time anticipating and observing various occasions that may affect the performance of organizations.
Key benefits of the report:
Questions answered in the global statistics software market research report:
Statistics Software Market Report Highlights
Aspects | Details |
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By Component Type |
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By Type |
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By Deployment Type |
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By End User |
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By Region |
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Key Market Players | SAS Institute, Minitab, StataCorp, IBM, Qlik, MaxStat Software, MathWorks, Microsoft, TIBCO Software, Alteryx |
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