The global time series analysis software market is estimated to grow at a CAGR of around 12% during the forecast period. Time series analysis is one of the powerful analysis techniques. It is a statistical technique; this technique deals with time-series data in order to do trend analysis. Time series analysis is used by the business head to make important decisions, such as load forecasting, business forecasting, financial forecasting, and stock market analysis, and so on. In a time-series data, a sequence of large numbers of data is taken at successive equally spaced points in time. Analyze these large numbers of data manually would take a long time, to analyze a time-series data efficiently in a shorter time business heads take the help of various time series analysis software.
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Industry 4.0 revolution is driving the global time series analysis software market. Now, the machine learning algorithms and artificial neural networks are used for time series analysis to forecast the trend. Furthermore, the recent developments in big data analytics, cloud computing, social networks, natural language processing (NLP) and machine learning have a significant impact on time series analysis software market. Extensive use of time series analysis and predictive analysis in the supply chain management, healthcare, stock market, and manufacturing industry is also driving the global time series analysis software market. Further, in the pandemic situation, many country’s governments are taking the help of time series analysis technique to determine the spread of the infection, also they are using it to take important decisions, such as how long a lockdown should be, numbers of the requirement of the test-kits, numbers of the requirement of the ventilators, numbers of the requirement the isolation wards, and others.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
By Types
- Cloud-based
- On-premises
By End-Use application
- Large Enterprise
- SMEs
- Education Institute
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amazon, Inc.
- Anodot Ltd.
- GMDH, LLC
- Google, LLC
- IBM Corp.
- InfluxDataOperations UK, Ltd.
- Microsoft Corp.
- Oracle Corp.
- SAP SE
- SAS Institute, Inc.
- Seeq Corp.
- SenX S.A.S
- Software AG.
- Tableau Software, LLC
- The Mathworks, Inc.
- Trendalyze, Inc.
The Report Cover
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global time series analysis software market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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