The Global Advanced Analytics Market is anticipated to grow at a CAGR of 33.24% from 2018 to 2025 and will Reach USD 165.68 Billion By 2025, claims a new report by Big Market Research.
According to Verified Market Research, the global Marketing Analytics Market was valued at USD 2.09 Billion in 2017 and is projected to reach USD 5.52 Billion by 2025, growing at a CAGR of 12.9% from 2018 to 2025.
The urban population (% of the total population) reached 55.27 per cent in 2018 from 51.65 per cent in 2010 as per World Bank statistics. The steady rise in the current urban population is resulting in increasing demand for geospatial imagery in planning high-rise buildings, assessing the feasibility and plan implementation and improving urban planning, architecture, and overall design, experimenting with the potential impact of different building configurations and more.
Reserve Bank of India recently permitted startups, banks and financial institutions to set up regulatory sandbox for live testing of innovative products in areas like retail payments, digital KYC and wealth management.
Innovative products/services which could be considered for RS, include retail payments, money transfer services, marketplace lending, digital KYC, financial advisory services, wealth management services, and digital identification services. The RBI further said mobile technology applications, data analytics, application program interface (APIs) services, applications under block chain technologies, and artificial intelligence and machine learning applications too could be considered for. The Sandbox will enable authorities to take a considered view on the regulatory changes or new regulations that may be needed.
The number of fintech deals in Indian start-ups surpassed those in China for the previous quarter, despite a slowdown in lending in India, according to a report. India saw 23 fintech deals during the second quarter of 2019, compared to 15 investments in China during the same period, according to The Global Fintech report from CB Insights, a global intelligence platform.