Global Data Analytics Market Size, Trends & Growth Opportunity, by Component (Software, Services), Deployment (On-Premises, On-Demand), Organization Size (Small and Medium Enterprises, Large Enterprises), End-user Industry (BFSI, Energy and Utilities, Retail, and E-commerce), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.

Report ID : AMR1004175 | Industries : ICT | Published On :December 2023 | Page Count : 232

Global Data Analytics Market

The Data Analytics Market was valued at USD 83.4 Billion in 2022 and is expected to expand to USD 236.43 Billion in 2030 at a CAGR of 13.91% during the forecast period 2023- 2030.

Market Overview

Raw data is transformed into useful insights through data analytics. Data-driven issue solving and trend identification are achieved through the utilisation of various tools, technologies, and processes. corporate processes can be shaped by data analytics, which can also help with decision-making and corporate expansion.

Market Drivers

Businesses can easily overcome major contemporary business difficulties that may function as roadblocks to effective data projects by leveraging data analytics as the commonality that runs across digital transformation, both at the start and throughout. The digital transformation process is continual and data-driven, rather than a one-time event. It also necessitates a cultural transformation inside the organisation focused on putting data at the centre of decision-making rather than simply adopting new technologies. As a result of the increased adoption of digitalization, demand will rise, propelling the industry forward.

Market Restraints

One of the biggest challenges facing the data analytics sector is the lack of qualified data scientists and other people with data analytics experience. People having a thorough understanding of statistics, data modelling, machine learning, and programming are needed due to the complexity of data analytics. Security and privacy are becoming more and more of a problem due to the volume and sensitivity of data

Impact of Covid-19

The data analytics market has expanded significantly over the last several years, but the COVID-19 pandemic is expected to cause a sharp decline in the sector in 2020. This is linked to the governments of most of the countries implementing lockdowns and stopping travel to stop the spread of the virus. Following the COVID-19 pandemic recovery, the data analytics market is expected to grow in the next years.

Market Segmentation

Global Data Analytics Market is segmented into By Type, the Global Data Analytics Market is segmented into Component, Deployment, Organization Size, and End-user Industry. By Component, the Global Data Analytics Market is segmented into Software, Services. By Deployment, the Global Data Analytics Market is segmented into On-Premises, On-Demand. By Organization Size, the Global Data Analytics Market is segmented into Small and Medium Enterprises, Large Enterprises. By End-user Industry, the Global Data Analytics Market is segmented into BFSI, Energy and Utilities, Retail, and E-commerce.

Regional Analysis

Global Data Analytics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the market during the forecast period. The software is being used extensively, and the area is home to well-known companies in various sectors of the economy. To distribute tailored adverts, Facebook, Twitter, and Instagram, for example, employ data analytics to gather information about user preferences.

Market Key Players

Various key players are discussed in this report such as Amazon Web Services Inc., IBM Corporation, Google LLC (Alphabet Inc.), Mu Sigma, Inc., Oracle Corporation, SAP SE, Sisense Inc, Microsoft Corporation, ThoughtSpot Inc. and Zoho Corporation Pvt. Ltd.

Key Developments

Ø In August 2021, IBM announced a partnership with Cloudera, an American software business. The firms would strengthen their combined development and go-to-market programmes under this cooperation in order to offer the cutting-edge analytical capabilities of IBM Cloud Pak for Data, a unified platform for AI and data, to the Cloudera Data Platform.

Market Taxonomy

By Component
• Software
• Services
By Deployment
• On-Premises
• On-Demand
By Organization Size
• Small and Medium Enterprises
• Large Enterprises
By End-user Industry
• BFSI
• Energy and Utilities
• Retail
• E-commerce
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Data Analytics Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Data Analytics Market

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 Data Analytics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Data Analytics Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Data Analytics Market Share Analysis, By Component
5.3 Global Data Analytics Market Size and Forecast, By Component
5.3.1 Software
5.3.2 Services
6 Global Data Analytics Market, By Deployment
6.1 Y-o-Y Growth Comparison, By Deployment
6.2 Global Data Analytics Market Share Analysis, By Deployment
6.3 Global Data Analytics Market Size and Forecast, By Deployment
6.3.1 On-Premises
6.3.2 On-Demand
7 Global Data Analytics Market, By Organization Size
7.1 Y-o-Y Growth Comparison, By Organization Size
7.2 Global Data Analytics Market Share Analysis, By Organization Size
7.3 Global Data Analytics Market Size and Forecast, By Organization Size
7.3.1 Small and Medium Enterprises
7.3.2 Large Enterprises
8 Global Data Analytics Market, By End-user Industry
8.1 Y-o-Y Growth Comparison, By End-user Industry
8.2 Global Data Analytics Market Share Analysis, By End-user Industry
8.3 Global Data Analytics Market Size and Forecast, By End-user Industry
8.3.1 BFSI
8.3.2 Energy and Utilities
8.3.3 Retail
8.3.4 E-commerce
9 Global Data Analytics Market, By Region
9.1 Global Data Analytics Market Share Analysis, By Region
9.2 Global Data Analytics Market Size and Forecast, By Region
9.3 Global Data Analytics Market Trends and Forecast, By Region
10 North America Data Analytics Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Data Analytics Market Size and Forecast, By Component
10.3 North America Data Analytics Market Size and Forecast, By Deployment
10.4 North America Data Analytics Market Size and Forecast, By Organization Size
10.5 North America Data Analytics Market Size and Forecast, By End-user Industry
10.6 North America Data Analytics Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Component
10.6.1.2 Market Size and Forecast, By Deployment
10.6.1.3 Market Size and Forecast, By Organization Size
10.6.1.4 Market Size and Forecast, By End-user Industry
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Component
10.6.2.2 Market Size and Forecast, By Deployment
10.6.2.3 Market Size and Forecast, By Organization Size
10.6.2.4 Market Size and Forecast, By End-user Industry
10.6.3 Mexico
10.6.3.1 Market Size and Forecast, By Component
10.6.3.2 Market Size and Forecast, By Deployment
10.6.3.3 Market Size and Forecast, By Organization Size
10.6.3.4 Market Size and Forecast, By End-user Industry
11 Europe Data Analytics Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Data Analytics Market Size and Forecast, By Component
11.3 Europe Data Analytics Market Size and Forecast, By Deployment
11.4 Europe Data Analytics Market Size and Forecast, By Organization Size
11.5 Europe Data Analytics Market Size and Forecast, By End-user Industry
11.6 Europe Data Analytics Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1 Market Size and Forecast, By Component
11.6.1.2 Market Size and Forecast, By Deployment
11.6.1.3 Market Size and Forecast, By Organization Size
11.6.1.4 Market Size and Forecast, By End-user Industry
11.6.2 France
11.6.2.1 Market Size and Forecast, By Component
11.6.2.2 Market Size and Forecast, By Deployment
11.6.2.3 Market Size and Forecast, By Organization Size
11.6.2.4 Market Size and Forecast, By End-user Industry
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Component
11.6.3.2 Market Size and Forecast, By Deployment
11.6.3.3 Market Size and Forecast, By Organization Size
11.6.3.4 Market Size and Forecast, By End-user Industry
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Component
11.6.4.2 Market Size and Forecast, By Deployment
11.6.4.3 Market Size and Forecast, By Organization Size
11.6.4.4 Market Size and Forecast, By End-user Industry
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Component
11.6.5.2 Market Size and Forecast, By Deployment
11.6.5.3 Market Size and Forecast, By Organization Size
11.6.5.4 Market Size and Forecast, By End-user Industry
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Component
11.6.6.2 Market Size and Forecast, By Deployment
11.6.6.3 Market Size and Forecast, By Organization Size
11.6.6.4 Market Size and Forecast, By End-user Industry
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Component
11.6.7.2 Market Size and Forecast, By Deployment
11.6.7.3 Market Size and Forecast, By Organization Size
11.6.7.4 Market Size and Forecast, By End-user Industry
12 Asia Pacific Data Analytics Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Data Analytics Market Size and Forecast, By Component
12.3 Asia Pacific Data Analytics Market Size and Forecast, By Deployment
12.4 Asia Pacific Data Analytics Market Size and Forecast, By Organization Size
12.5 Asia Pacific Data Analytics Market Size and Forecast, By End-user Industry
12.6 Asia Pacific Data Analytics Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Component
12.6.1.2 Market Size and Forecast, By Deployment
12.6.1.3 Market Size and Forecast, By Organization Size
12.6.1.4 Market Size and Forecast, By End-user Industry
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Component
12.6.2.2 Market Size and Forecast, By Deployment
12.6.2.3 Market Size and Forecast, By Organization Size
12.6.2.4 Market Size and Forecast, By End-user Industry
12.6.3 India
12.6.3.1 Market Size and Forecast, By Component
12.6.3.2 Market Size and Forecast, By Deployment
12.6.3.3 Market Size and Forecast, By Organization Size
12.6.3.4 Market Size and Forecast, By End-user Industry
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Component
12.6.4.2 Market Size and Forecast, By Deployment
12.6.4.3 Market Size and Forecast, By Organization Size
12.6.4.4 Market Size and Forecast, By End-user Industry
12.6.5 Australia
12.6.5.1 Market Size and Forecast, By Component
12.6.5.2 Market Size and Forecast, By Deployment
12.6.5.3 Market Size and Forecast, By Organization Size
12.6.5.4 Market Size and Forecast, By End-user Industry
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Component
12.6.6.2 Market Size and Forecast, By Deployment
12.6.6.3 Market Size and Forecast, By Organization Size
12.6.6.4 Market Size and Forecast, By End-user Industry
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Component
12.6.7.2 Market Size and Forecast, By Deployment
12.6.7.3 Market Size and Forecast, By Organization Size
12.6.7.4 Market Size and Forecast, By End-user Industry
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Component
12.6.8.2 Market Size and Forecast, By Deployment
12.6.8.3 Market Size and Forecast, By Organization Size
12.6.8.4 Market Size and Forecast, By End-user Industry
12.6.9 Rest of Asia
12.6.9.1 Market Size and Forecast, By Component
12.6.9.2 Market Size and Forecast, By Deployment
12.6.9.3 Market Size and Forecast, By Organization Size
12.6.9.4 Market Size and Forecast, By End-user Industry
13 Latin America Data Analytics Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Data Analytics Market Size and Forecast, By Component
13.3 Latin America Data Analytics Market Size and Forecast, By Deployment
13.4 Latin America Data Analytics Market Size and Forecast, By Organization Size
13.5 Latin America Data Analytics Market Size and Forecast, By End-user Industry
13.6 Latin America Data Analytics Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1 Market Size and Forecast, By Component
13.6.1.2 Market Size and Forecast, By Deployment
13.6.1.3 Market Size and Forecast, By Organization Size
13.6.1.4 Market Size and Forecast, By End-user Industry
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Component
13.6.2.2 Market Size and Forecast, By Deployment
13.6.2.3 Market Size and Forecast, By Organization Size
13.6.2.4 Market Size and Forecast, By End-user Industry
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Component
13.6.3.2 Market Size and Forecast, By Deployment
13.6.3.3 Market Size and Forecast, By Organization Size
13.6.3.4 Market Size and Forecast, By End-user Industry
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Component
13.6.4.2 Market Size and Forecast, By Deployment
13.6.4.3 Market Size and Forecast, By Organization Size
13.6.4.4 Market Size and Forecast, By End-user Industry
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Component
13.6.5.2 Market Size and Forecast, By Deployment
13.6.5.3 Market Size and Forecast, By Organization Size
13.6.5.4 Market Size and Forecast, By End-user Industry
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Component
13.6.6.2 Market Size and Forecast, By Deployment
13.6.6.3 Market Size and Forecast, By Organization Size
13.6.6.4 Market Size and Forecast, By End-user Industry
13.6.7 Rest of Latin America
13.6.7.1 Market Size and Forecast, By Component
13.6.7.2 Market Size and Forecast, By Deployment
13.6.7.3 Market Size and Forecast, By Organization Size
13.6.7.4 Market Size and Forecast, By End-user Industry
14 Middle East Data Analytics Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Data Analytics Market Size and Forecast, By Component
14.3 Middle East Data Analytics Market Size and Forecast, By Deployment
14.4 Middle East Data Analytics Market Size and Forecast, By Organization Size
14.5 Middle East Data Analytics Market Size and Forecast, By End-user Industry
14.6 Middle East Data Analytics Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.1.1 Market Size and Forecast, By Component
14.6.1.2 Market Size and Forecast, By Deployment
14.6.1.3 Market Size and Forecast, By Organization Size
14.6.1.4 Market Size and Forecast, By End-user Industry
14.6.2 UAE
14.6.2.1 Market Size and Forecast, By Component
14.6.2.2 Market Size and Forecast, By Deployment
14.6.2.3 Market Size and Forecast, By Organization Size
14.6.2.4 Market Size and Forecast, By End-user Industry
14.6.3 Egypt
14.6.3.1 Market Size and Forecast, By Component
14.6.3.2 Market Size and Forecast, By Deployment
14.6.3.3 Market Size and Forecast, By Organization Size
14.6.3.4 Market Size and Forecast, By End-user Industry
14.6.4 Kuwait
14.6.4.1 Market Size and Forecast, By Component
14.6.4.2 Market Size and Forecast, By Deployment
14.6.4.3 Market Size and Forecast, By Organization Size
14.6.4.4 Market Size and Forecast, By End-user Industry
14.6.5 South Africa
14.6.5.1 Market Size and Forecast, By Component
14.6.5.2 Market Size and Forecast, By Deployment
14.6.5.3 Market Size and Forecast, By Organization Size
14.6.5.4 Market Size and Forecast, By End-user Industry
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Component
14.6.6.2 Market Size and Forecast, By Deployment
14.6.6.3 Market Size and Forecast, By Organization Size
14.6.6.4 Market Size and Forecast, By End-user Industry
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Amazon Web Services Inc.
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Google LLC (Alphabet Inc.)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 IBM (U.S)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Mu Sigma, Inc.
16.4.1 Overview
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Sisense Inc
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Oracle Corporation
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 SAP SE
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Microsoft Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 ThoughtSpot Inc.
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Zoho Corporation Pvt. Ltd.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies