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Analytics Sandbox Market

Market Insights on Analytics Sandbox covering sales outlook, demand forecast & up-to-date key trends

Analytics Sandbox Market : Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Analytics Sandbox Market Overview

Analytics sandbox refers to an environment that is integrated separately into an enterprise’s overall data lake architecture. This entails that analytics sandbox is a centralized environment that is meant to be utilized by a multitude of users and is maintained by the IT staff.

The analytics sandbox environment is controlled by analysts who are allowed to install and utilize data management tools as per their choice. Further, analytics sandbox allows these analysts to manage scheduling and process related aspects of data assets, while enabling them to experiment and explore the external and internal data.

Analytics sandbox can hold and analyze huge volumes of data accumulated from different sources. That is, the environment has the ability to work with Big Data (unstructured databases), transactional data (structured databases), and data from social media, web applications and documents, among other sources.

Analytics Sandbox: Market Dynamics

Enterprises are currently focusing on transforming their conventional data warehousing systems into modern data infrastructures that combat challenges incurred due to the ever-changing data landscape. These new systems are developed to offer a competitive edge to end-users.

Enterprises tend to wield lot of power with huge volumes of historical and real-time data accumulated, mined, modeled and analyzed with new and improved tools. Accumulation and analysis of such data is helping progressive enterprises find innovative ways to compete in the arena. Increasing demand for such tools is estimated to have a positive impact on the growth of the global analytics sandbox market over the coming years.

The time it takes for an enterprise to convert the accumulated data into knowledge and insights is critical. Conventional Business Intelligence (BI) and Enterprise Data Warehousing (EDW) processes can often be slow to perform and do not necessarily cater to the rapidly changing demands of businesses.

While efforts directed towards speeding up the delivery cycles offer limited success, enterprises may decide to take matters into their own hands. This factor boosts the propagation of poorly built databases and spread-marts. This is where enterprises start adoption analytics sandbox to deal with such issues.

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Impact of Ongoing COVID-19 Pandemic on Analytics Sandbox Market

Well-established large enterprises are estimated to continue adopting analytics sandbox solutions among other analytical solutions and services to enhance operations, monitoring and performance related issue resolution. This procurement may be owed to nationwide lockdowns implemented by national governments across the world.

These legislations are forcing enterprises to ask employees to work from home. SMEs with low IT budgets are expected to accelerate investments in standalone cloud computing features and tools in order to deal with infrastructural issues arising due to operations being off-site.

Analytics Sandbox Market: Regional overview

Analytics sandbox market in North America was the dominant market in 2019 in terms of revenue generation from solution deployments, followed by the market in Europe. High focus on research and development of Big Data analytics and data security technologies is being observed in the North American economies of the United States and Canada.

The Asia Pacific market constituted by Southeast Asia Pacific countries, like India and New Zealand, and East Asian economies of China, Japan and South Korea, is expected record the fastest growth, among all the regional markets.

The strong growth rate of analytics sandbox market in the Asia Pacific region may be attributed to the bolstered trend of Bring Your Own Device (BYOD) and rising adoption of Internet of Things (IoT) technology among both, large as well as small- and medium-sized enterprises.

Nikhil Kaitwade
Principal Consultant
LinkedIn
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Analytics Sandbox Market: Competition Landscape

Some of the key competitors in the global analytics sandbox market are

  • Cisco Systems, Inc.
  • Check Point Software Technologies Ltd.
  • FireEye, Inc
  • Juniper Networks, Inc.
  • Fortinet, Inc.
  • Sophos Ltd.
  • Ceedo Technologies Ltd
  • Symantec Corporation; Forcepoint
  • McAfee LLC; SonicWall Inc.
  • Zscaler, Inc.

Following are some key developments incorporated by the key players competing in the global analytics sandbox market:

  • Analytical solutions and service providers are upgrading their data analytics and data security products. Upgrades made to such solutions enable these solutions and service providers to better fulfill client demands.
  • Companies are expanding product portfolio using acquisition strategies that help them procure innovative technologies from competitors. For instance, in February 2017, LightCyber was acquired by Palo Alto Networks. This acquisition helped Palo Alto Networks harness LightCyber’s automated behavioral analytics solution that has the capability of deducing attacks by tracking behavioral anomalies inside networks.

The analytics sandbox market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • Analytics Sandbox Market Segments
  • Analytics Sandbox Market Dynamics
  • Analytics Sandbox Market Size
  • Supply and Demand
  • Current Trends/Issues/Challenges
  • Competition and Companies Involved in the Market
  • Technology Landscape
  • Value Chain of the Market
  • Market Drivers and Restraints
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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
  • East Asia (China, South Korea, Japan)
  • South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific)
  • Middle East and Africa (GCC Countries, Turkey, South Africa, Res of MEA)

Analytics Sandbox Market: Segmentation

Solution:

  • Integrated Platform
  • Standalone Solutions

Deployment:

  • Cloud-Integrated
  • Virtual Appliance
  • Hardware

Vertical :

  • Banking, Financial Services And Insurance (BFSI)
  • Government And Public Sector
  • Military And Defense
  • IT And Telecommunications
  • Healthcare
  • Retail And E-Commerce
  • Research And Academia
  • Others
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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Analytics Sandbox Market