TechNavio's analysts forecast the Global Cloud Analytics market to grow at a CAGR of 26.29 percent over the period 2014-2019.
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Cloud analytics has emerged from the integration of cloud computing and data analytics solution. It also acts as a service model, where data analysis takes place and provided through public or private cloud. Cloud analytics vendors offer services under subscription based or pay-per-use model. Various cloud analytics products are hosted data warehouse, cloud-based BI solution, and SaaS-based social media analytics. Hosted data warehouse is a main data repository system from where the data are made available for analysis.