Global Analytics-as-a-Service (AaaS) Market By Analytics Type (Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics, Descriptive Analytics), Component (Solutions, Services), Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), Organisation Size (Small and Medium-Sized Enterprises, Large Enterprises), Industry Vertical (Banking, Financial Services, and Insurance; Retail and Ecommerce; Telecommunications and IT; Healthcare and Life Sciences; Manufacturing; Government and Defense; Media and Entertainment; Other Industry Verticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Analytics-as-a-Service (AaaS) Market
Analytics-as-a-service (AaaS) market is expected to reach USD 106.27 billion by 2027 witnessing market growth at a rate of 32.61% in the forecast period of 2020 to 2027. Data Bridge Market Research report on analytics-as-a-service (AaaS) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Increasing preferences towards dashboards for data visualisation, rising need of enterprise to adopt advanced analytical capabilities with provided infrastructure, adoption of social media applications, low cost of ownership which will likely to enhance the growth of the analytics-as-a-service (AaaS) market in the forecast period of 2020-2027. On the other hand, rising usages of machine generated data along with adoption of internet of things devices which will further bring immense opportunities for the growth of the analytics-as-a-service (AaaS) market in the above mentioned forecast period.
Security and data privacy issues along with lack of analytical skills are acting as market restraints for analytics-as-a-service (AaaS) in the above mentioned forecasted period.
This analytics-as-a-service (AaaS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on analytics-as-a-service (AaaS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Analytics-as-a-Service (AaaS) Market Scope and Market Size
Analytics-as-a-service (AaaS) market is segmented on the basis of analytics type, component, deployment mode, organisation size and industry vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Analytics-as-a-service (AaaS) market on the basis of analytics type has been segmented as predictive analytics, prescriptive analytics, diagnostic analytics, and descriptive analytics.
- Based on component, analytics-as-a-service (AaaS) market has been segmented into solutions, and services. Solutions have been further segmented into financial analytics, risk analytics, marketing analytics, web analytics, supply chain analytics, security analytics, IT operations analytics, and others. Services have been further segmented into managed services, and professional services. Professional services have been further sub segmented into consulting, support and maintenance.
- On the basis of deployment mode, analytics-as-a-service (AaaS) market has been segmented into public cloud, private cloud, and hybrid cloud.
- On the basis of organisation size, analytics-as-a-service (AaaS) market has been segmented into small and medium-sized enterprises, large enterprises.
- Analytics-as-a-service (AaaS) has also been segmented on the basis of industry vertical into Banking, financial services, and insurance; retail and ecommerce; telecommunications and IT; healthcare and life sciences; manufacturing; government and defense; media and entertainment; and other industry verticals.
Analytics-as-a-Service (AaaS) Market Country Level Analysis
Analytics-as-a-service (AaaS) market is analysed and market size, volume information is provided by country, analytics type, component, deployment mode, organisation size and industry vertical as referenced above.
The countries covered in the analytics-as-a-service (AaaS) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the analytics-as-a-service (AaaS) market due to the prevalence of various market players along with rising demand of analytics platform while Asia-Pacific will expect to grow in the forecast period of 2020-2027 due to the increasing number of data through various channels such as social media, mobile computing, internet of things, and others.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Analytics-as-a-Service (AaaS) Market Share Analysis
Analytics-as-a-service (AaaS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to analytics-as-a-service (AaaS) market.
The major players covered in the analytics-as-a-service (AaaS) market report are Sisense Inc., Teradata, Microsoft, IBM Corporation, Oracle, SAS Institute Inc., Atos, Amazon Web Services, Hewlett Packard Enterprise Development LP, Hitachi Vantara Corporation, salesforce, Cloudera, Inc., MicroStrategy Incorporated., SAP Analytics Cloud, ThoughtSpot Inc, QlikTech International AB, Domo, Inc., TIBCO Software Inc., GoodData Corporation, Birst, Inc., Yellowfin International Pty Ltd, Guavus, Inc., Absolutdata., ALTERYX, INC., Looker Data Sciences, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Analytics-as-a-Service (AaaS) Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.