Analytics-as-a-Service Market Size, Share And Major Industry Players Forecast (2024-2030)

The global “Analytics-as-a-Service Market Size 2024 ” is expected to rise with an impressive CAGR and generate the highest revenue by 2030. Fortune Business Insights™ in its latest report published this information. The report is titled “Analytics-as-a-Service Market Size, Share and Revenue Forecast, 2023-2030”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The global analytics as a service market size was valued at USD 6.68 billion in 2022. The market is projected to grow from USD 8.07 billion in 2023 to USD 39.91 billion by 2030, exhibiting a CAGR of 25.7% during the forecast period.

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Report Highlights:

  • A comprehensive overview of the Analytics-as-a-Service Market
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Analytics-as-a-Service Market
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Driving Factor:

Rising Adoption of Social Media Applications to Boost Industry Expansion

The analytics as a service market growth is being driven by the increasing adoption of advanced technology and social media applications. This is due to the huge amount of data generated by these platforms per second, which businesses deploy for achieving their goals.

However, rising concerns associated with data privacy may hinder industry expansion to a considerable extent.

Regional Analysis for Analytics-as-a-Service Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

The Analytics-as-a-Service Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Analytics-as-a-Service Market Segments:

By Component

  • Solution
  • Services

By Analytics Type

  • Predictive
  • Diagnostic
  • Descriptive
  • Prescriptive

By Enterprise Type

  • Large Enterprises
  • Small & Medium Enterprises

By Industry

  • BFSI
  • IT & Telecommunication
  • Retail & E-commerce
  • Manufacturing
  • Transportation & Logistics
  • Government & Public Sector
  • Others (Education)

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Top Smart Analytics-as-a-Service Market Size Manufacturers covered in the Market Report include:

  • Microsoft Corporation (U.S.)
  • IBM Corporation (U.S.)
  • SAP SE (Germany)
  • Atos (France)
  • Google (U.S.)
  • Msys Technologies (U.S.)
  • Cloudera (U.S.)
  • Thoughtspot (U.S.)
  • Qlik (France)
  • Domo (U.S.)

Some of the Key Questions Answered in this Report:

  • Detailed Overview of the Analytics-as-a-Service Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Analytics-as-a-Service Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Analytics-as-a-Service Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
  • What is the Analytics-as-a-Service Market growth momentum or market carries during the forecast period?
  • Which region may tap the highest market share in the coming era?
  • Which application/end-user category or Product Type may seek incremental growth prospects?
  • What focused approach and constraints are holding the Analytics-as-a-Service Market demand?

Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

Major Table of Contents for Analytics-as-a-Service Market Research Report:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Analytics-as-a-Service Market Insights
  • Global Market Analysis, Insights and Forecast
  • North America Market Analysis, Insights and Forecast
  • Europe Market Analysis, Insights and Forecast
  • Asia Pacific Market Analysis, Insights and Forecast
  • The Middle East and Africa Market Analysis, Insights and Forecast
  • Latin America Market Analysis, Insights and Forecast
  • Competitive Landscape
  • Global Analytics-as-a-Service Market Revenue Share Analysis, By Key Players, 2023
  • Company Profiles
  • Conclusion

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