Top 20 investors in North Africa and the Middle East that took part in the most funding rounds in Civil Engineering industry over the recent years
07 Sep, 2021
Given the ever-growing amounts of all kinds of information available, the global demand for analytical services increases every year. Along with widely known approaches to data, such as risk or predictive analysis, new ones are emerging and quickly conquering significant market shares. One of the most vivid examples of such a phenomenon is the usage of big data in relation to COVID-19, where it helps in prediction and tracking, healthcare decision-making, and acceleration of drugs development, to name but a few. In addition, the Analytics industry grows exponentially because more and more state-of-the-art technologies emerge, such as IoT or AI.
The big data and analytics market, which surpassed $168B worth worldwide in 2018, will reach the value of about 274 billion U.S. dollars by 2022, according to Statista. Since venture firms and corporations are reasonably attracted to this industry, late funding rounds have brought in more than 90 billion dollars over the last two years. The 20 most active investors, presented in the diagram by the sum of money in such rounds, make up a significant 70% of all finances put in the Analytics industry in the mentioned period.