Statistics Software Market Research Report 2021, Size, CAGR Value, Growth Rate, Latest Trends, Future Demand, Business Investment Plans, SWOT Analysis, Forecast to 2030

In a recently published report, Statistics Software Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Statistics Software Market products.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Statistical software is used across various business verticals in order to analyze different attributes of the industry/company such as number of  customers operating, trends and policies. These software collect the data and transform them into useful information which is supports effective business decision-making. These software delivers the business managers a real time data about complex situations and conditions in order to base their decisions on facts rather than predictions. For Instance, in order to analyze the target customers for a company (by demographics, buying pattern or any other segment), database of the customer could be collected and analyzed in statistical software which in beneficial for the growth of the company. Due to rising digitization, cloud-based storage has seen a growing usage which generates opportunities for statistical software to store the analyzed data.

As per a survey by Gartner in 2018, 81% of users are public cloud users. Statistical software are used by consulting firms to analyze the data and suggest the customers the market trend. Moreover, rise in the agility and need for management in telecommunication, IT services and automation boosts opportunities for market growth. Further, due to technological advancements, upgraded versions of software are launched timely which enhances the features offered and inhibit new features that boost clients’ experience with the software. However, privacy and security issues related to the data storage are major factors that restraint the growth of the market over the forecasted period of 2020-2027. 

The regional analysis of global Statistics Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world due to increasing industrialization acceptance of statistically based decisions rather than predictions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as high emergence of digital traffic along with rise in the number of market players would create lucrative growth prospects for the Statistics Software market across Asia-Pacific region.

Major market player included in this report are:
International Business Machines Corporation (US)
MathWorks (US)
Qlik (US)
Minitab (US)
SAS Institute (US)
StataCorp LLC (US)
Systat Software Inc. (US)
Microsoft Corporation (US)
Oracle Corporation (US)
SAP SE (Germany)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Linux
Windows
Mac OS
Android
IOS

By Application:
Scientific Research
Finance
Industrial
Other
By Region:
North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Statistics Software Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & forecasts, 2018-2027 (USD Billion)
1.2.1. Statistics Software Market, by Region, 2018-2027 (USD Billion)
1.2.2. Statistics Software Market, by Type, 2018-2027 (USD Billion)
1.2.3. Statistics Software Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Statistics Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Statistics Software Market Dynamics
3.1. Statistics Software Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Statistics Software Market: Industry Analysis
4.1. Porter’s 5 force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 force Model (2017-2027)

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