Global Business Analytics Market Size, Trends & Growth Opportunity, By Software (Query Reporting & Analysis Tools, Advanced & Predictive Analytics, Location Intelligence, Content analytics, Data Warehousing Platform, and Enterprise Performance Management), By Deployment (On-Premise, Cloud-Based), By Region and Forecast till 2027.
Report ID : IR100397 | Industries : Energy & Power | Published On :May 2024 | Page Count : 248
Global Business Analytics Market Size, Trends & Growth Opportunity, By Software (Query Reporting & Analysis Tools, Advanced & Predictive Analytics, Location Intelligence, Content analytics, Data Warehousing Platform, and Enterprise Performance Management), By Deployment (On-Premise, Cloud-Based), By Region and Forecast till 2027.
Global Business Analytics Market
Global Business Analytics Market was valued at USD 79.5 billion in 2021 and is expected to reach USD 125.5 billion by 2027, at a CAGR 7.19% from 2022-2027.
Business analytics is the practice of methodical and interactive exploration of data with an emphasis on statistical analysis. It is used by companies in order to facilitate a more data-driven decision-making process. Business analytics process depends on the quality of the data as well as the skill of the analyst who understands the business.
Market Drivers
Rise in adoption of business analytics in various sectors such as BFSI, Energy & Power, Healthcare, Manufacturing, Retail, IT & Telecommunication is the key driving factor which is expected to boost the global business analytics market growth.
Furthermore, increase in investments in business intelligence and analytic tools by various enterprises will have a positive impact on market growth. Moreover, increase in demand for cloud-based analytics will fuel the market growth during this forecast period. Ability of business analytics offers better & faster decision making and provides competitive advantage by analysing and acting upon information in a timely manner which is expected to drive the market growth.
Market Restraints
High investment cost is the major challenging factor which is expected to hamper the global Business analytics market growth. Also, incompatibility between tools having cross- organizational capabilities will affect the market growth.
Market Segmentation
The Global Business Analytics Market is segmented into software, deployment, and end user. End user segment is further divided into BFSI, Energy & Power, Healthcare, Manufacturing, Retail, IT & Telecommunication, and Others.
Regional Analysis
The Global Business Analytics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Oracle Corporation, IBM, SAP SE, Microsoft Corporation, Tibco Software, Inc., SAS Institute, Inc., INFOR, and Microstrategy Incorporated, and Others.
Market Taxonomy
By Software
• Query Reporting & Analysis Tools
• Advanced & Predictive Analytics
• Location Intelligence
• Content analytics
• Data Warehousing Platform
• Enterprise Performance Management
By Deployment
• On-Premise
• Cloud-Based
• Others
By End User
• BFSI
• Energy & Power
• Healthcare
• Manufacturing
• Retail
• IT & Telecommunication
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Business Analytics Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Business Analytics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Business Analytics Market, By Software
5.1 Y-o-Y Growth Comparison, By Software
5.2 Global Business Analytics Market Share Analysis, By Software
5.3 Global Business Analytics Market Size and Forecast, By Software
5.3.1 Query Reporting & Analysis Tools
5.3.2 Advanced & Predictive Analytics
5.3.3 Location Intelligence
5.3.4 Content Analytics
5.3.5 Data Warehousing Platform
5.3.6 Enterprise Performance Management
6 Global Business Analytics Market, By Deployment
6.1 Y-o-Y Growth Comparison, By Deployment
6.2 Global Business Analytics Market Share Analysis, By Deployment
6.3 Global Business Analytics Market Size and Forecast, By Deployment
6.3.1 On-Premise
6.3.2 Cloud-Based
6.3.3 Others
7 Global Business Analytics Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Business Analytics Market Share Analysis, By End User
7.3 Global Business Analytics Market Size and Forecast, By End User
7.3.1 BFSI
7.3.2 Energy Power
7.3.3 Healthcare
7.3.4 Manufacturing
7.3.5 Retail
7.3.6 IT & Telecommunication
7.3.7 Others
8 Global Business Analytics Market, By Region
8.1 Global Business Analytics Market Share Analysis, By Region
8.2 Global Business Analytics Market Share Analysis, By Region
8.3 Global Business Analytics Market Size and Forecast, By Region
9 North America Business Analytics Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Business Analytics Market Share Analysis, By Software
9.3 North America Business Analytics Market Size and Forecast, By Deployment
9.4 North America Business Analytics Market Size and Forecast, By End User
9.5 North America Business Analytics Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Business Analytics Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Business Analytics Market Share Analysis, By Software
10.3 Europe Business Analytics Market Size and Forecast, By Deployment
10.4 Europe Business Analytics Market Size and Forecast, By End User
10.5 Europe Business Analytics Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Business Analytics Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Business Analytics Market Share Analysis, By Software
11.3 Asia Pacific Business Analytics Market Size and Forecast, By Deployment
11.4 Asia Pacific Business Analytics Market Size and Forecast, By End User
11.5 Asia Pacific Business Analytics Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Business Analytics Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Business Analytics Market Share Analysis, By Software
12.3 Latin America Business Analytics Market Size and Forecast, By Deployment
12.4 Latin America Business Analytics Market Size and Forecast, By End User
12.5 Latin America Business Analytics Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Business Analytics Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Business Analytics Market Share Analysis, By Software
13.3 Middle East Business Analytics Market Size and Forecast, By Deployment
13.4 Middle East Business Analytics Market Size and Forecast, By End User
13.5 Middle East Business Analytics Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Oracle Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 IBM
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 SAP SE
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Microsoft Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Tibco Software, Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 SAS Institute, Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 INFOR
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Microstrategy Incorporated
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 QLIK Technologies, Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Adobe Systems Incorporated
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies