The Statistical Market study describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about Statistical Industry is its growth rate. Many major technology players – including The MathWorks, IHS Markit, IBM, StataCorp LLC, SAS Institute, TIBCO Software, Minitab LLC, MaxStat Software, SAP, AcaStat Software etc have been looking into Statistical as a way to increase their market share and reach towards consumers.