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Global Analytics Market
Market Size in USD Billion
CAGR :
%
USD
6.95 Billion
USD
15.22 Billion
2024
2032
Forecast Period
2025 –2032
Market Size(Base Year)
USD
6.95 Billion
Market Size (Forecast Year)
USD
15.22 Billion
CAGR
10.30
%
Major Markets Players
IBM Corporation
Oracle Corporation
AP SE
SAS Institute Inc.
FiservInc.
Global Analytics Market Segmentation, By Type (Database Management System (DBMS), Data Integration Tools, Query, Reporting, and Analysis, Analytics Solutions, and Others), Organization Size (Large Enterprises and Small and Medium Enterprises), Deployment Type (On-premises and Cloud), End-User (BFSI, Manufacturing and Automotive, Retail and E-Commerce, Telecommunications and IT, Transportation and Logistics, Healthcare and Pharmaceuticals, Energy and Utilities, Government, and Others), Component (Solutions and Services), Application (Wealth Management, Governance, Risk and Compliance Management, Financial Forecasting and Budgeting, Customer Management, Transaction Monitoring, Claim Management, Fraud Detection and Prevention, Stock Management, and Others) – Industry Trends and Forecast to 2032
The global analytics market is experiencing substantial growth, driven by the increasing adoption of technologies such as big data, machine learning, and artificial intelligence across various sectors. Industries such as finance, healthcare, retail, and manufacturing are leveraging analytics to gain insights, improve decision-making, and enhance operational efficiency. The demand for predictive, real-time, and prescriptive analytics is rising as businesses seek to understand customer behaviour, optimize processes, and innovate. Key trends include the integration of analytics with IoT (Internet of Things) devices, the rise of cloud-based analytics solutions, and the growing importance of data privacy and security. In addition, the use of advanced analytics is expanding beyond traditional applications to include areas such as personalized medicine, smart cities, and autonomous vehicles. Overall, the global analytics market is poised for continuous evolution and expansion as organizations increasingly recognize the value of data-driven strategies.
Global Analytics Market Size
The global analytics market size was valued at USD 6.95 billion in 2024 and is projected to reach USD 15.22 billion by 2032, with a CAGR of 10.30% during the forecast period of 2025 to 2032. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Global Analytics Market Trends
" AI, Big Data, and Cloud Are Shaping the Future of Decision-Making"
The global analytics market is rapidly evolving, driven by advancements in big data, machine learning, and artificial intelligence. Industries such as healthcare, finance, retail, and manufacturing are increasingly adopting analytics to gain valuable insights, improve decision-making, and enhance operational efficiency. Key trends include the integration of analytics with IoT devices, the rise of cloud-based solutions, and a growing focus on data privacy and security. NoSQL databases are gaining popularity due to their ability to handle unstructured data, and hybrid database systems are being adopted to handle diverse data types and workloads effectively. The importance of real-time analytics, edge computing, and the integration of AI with DBMS is also on the rise.
Report Scope and Global Analytics Market Segmentation
Attributes
Global Analytics Market Insights
Segments Covered
By Type: Database Management System (DBMS), Data Integration Tools, Query, Reporting, and Analysis, Analytics Solutions, and Others
By Organization Size: Large Enterprises and Small and Medium Enterprises
By Deployment: On-Premises and Cloud
By End User: BFSI, Manufacturing and Automotive, Retail and E-Commerce, Telecommunications and IT, Transportation and Logistics, Healthcare and Pharmaceuticals, Energy and Utilities, Government, and Others
Component: Solutions and Services
Application: Wealth Management, Governance, Risk and Compliance Management, Financial Forecasting and Budgeting, Customer Management, Transaction Monitoring, Claim Management, Fraud Detection and Prevention, Stock Management, and Others
Countries Covered
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America
Key Market Players
IBM Corporation (U.S.), Oracle Corporation (U.S.), AP SE (Germany), SAS Institute Inc. (U.S.), Fiserv, Inc. (U.S.), Bloomberg L.P. (U.S.), Moody's Analytics, Inc. (U.S.), FactSet Research Systems Inc. (U.S.), Tableau Software (U.S.), TIBCO Software Inc. (U.S.), Qlik Technologies Inc. (U.S.), Numerix LLC (U.S.), Adaptive Insights, Inc. (U.S.), Teradata (U.S.), and MicroStrategy Incorporated (U.S.)
Market Opportunities
Empowering Foresight and Action
Instant Insights for Agile Decisions
Value Added Data Infosets
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Global Analytics Market Definition
Analytics refers to the systematic computational analysis of data or statistics to discover, interpret, and communicate meaningful patterns, trends, and insights. It involves the use of data collection, processing, and analysis techniques to support decision-making, optimize processes, and predict future outcomes across various industries. Analytics can be categorized into different types, including descriptive analytics (summarizing past data), diagnostic analytics (identifying causes of trends), predictive analytics (forecasting future events), and prescriptive analytics (suggesting optimal actions based on data insights).
Global Analytics Market Dynamics
Drivers
Turning Data into Actionable Insights
The exponential growth of data generated by businesses and consumers necessitates advanced analytics to derive meaningful insights. This vast and continuously expanding volume of data encompasses structured and unstructured data from various sources, such as social media, IoT devices, transactions, and more. Advanced analytics techniques, including machine learning, artificial intelligence, and predictive analytics, are essential to process, analyze, and interpret this data. By leveraging big data analytics, organizations can uncover hidden patterns, optimize operations, enhance customer experiences, and make data-driven decisions that drive growth and innovation.
Harnessing AI and ML for Smarter Decisions
The increasing adoption of AI and ML technologies significantly enhances predictive and prescriptive analytics capabilities. AI and ML enable the processing and analysis of vast datasets at unprecedented speeds, uncovering patterns and insights that were previously impossible to detect. Predictive analytics uses these technologies to forecast future trends and behaviors based on historical data, while prescriptive analytics provides actionable recommendations to optimize decision-making. As a result, organizations can better anticipate market changes, streamline operations, and improve customer experiences. The integration of AI and ML into analytics is transforming industries, driving innovation, and offering a competitive edge.
Opportunities
Empowering Foresight and Action
The expanding use of predictive and prescriptive analytics in various industries is transforming the way organizations forecast trends and optimize decision-making. Predictive analytics leverages historical data and advanced algorithms to forecast future outcomes, trends, and behaviors, providing businesses with valuable insights to anticipate changes and plan accordingly. Prescriptive analytics goes a step further by not only predicting future scenarios but also recommending actions to achieve desired outcomes. This combination helps organizations make informed decisions, improve efficiency, and enhance their competitive advantage. Industries such as finance, healthcare, retail, and manufacturing are increasingly adopting these analytics to streamline operations, reduce risks, and personalize customer experiences..
Instant Insights for Agile Decisions
The increasing demand for real-time analytics is transforming industries by enabling immediate decision-making and enhancing operational efficiency. This approach involves the continuous processing and analysis of data as it is generated, providing instant insights that are crucial for businesses to respond swiftly to changing conditions and opportunities. Real-time analytics is particularly valuable in sectors such as finance, healthcare, retail, and manufacturing, where timely information can significantly impact outcomes. For instance, in finance, real-time analytics can detect fraudulent transactions as they occur, while in healthcare, it can monitor patient vitals and alert medical staff to potential issues immediately. In retail, it helps optimize inventory management and personalize customer experiences based on current trends. The integration of real-time analytics with IoT devices further enhances its capabilities, allowing organizations to monitor and respond to data from connected devices instantly.
Restraints/Challenges
Safeguarding Data in a Digital World
Concerns about data breaches and protecting sensitive information are paramount in today's digital landscape. With the exponential growth of data and the increasing sophistication of cyber threats, organizations must prioritize robust security measures to safeguard sensitive information. This includes implementing strong encryption, access controls, and compliance with data privacy regulations. Ensuring data privacy and security is not only a legal and ethical obligation but also critical to maintaining customer trust and protecting business reputation. As cyber threats continue to evolve, the importance of proactive and comprehensive data protection strategies becomes even more crucial.
Bridging the Talent Gap in Analytics
The shortage of professionals with the necessary skills to manage analytics solutions is a significant challenge for many organizations. As the demand for advanced analytics continues to grow, there is an increasing need for individuals who possess expertise in data science, machine learning, and artificial intelligence. This talent gap can hinder the effective implementation and utilization of analytics tools and technologies. Organizations must invest in training and development programs, partnerships with educational institutions, and initiatives to attract and retain top talent in the field. By addressing this challenge, businesses can fully leverage the potential of analytics to drive innovation and achieve strategic goals.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the 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 Market Scope
The market is segmented on the basis of type, Organization size, Deployment, End User, Component, Application The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Database Management System (DBMS)
Data Integration Tools; Query,
Reporting, and Analysis;
Analytics Solutions; and Others
Organization Size
Large Enterprises
Small and Medium Enterprises
Deployment
On-Premises
Cloud
End User
BFSI
Manufacturing and Automotive
Retail and E-Commerce
Telecommunications and IT
Transportation and Logistics
Healthcare and Pharmaceuticals
Energy and Utilities
Government
Others
Component
Solutions
Services
Application
Wealth Management
Governance
Risk and Compliance Management
Financial Forecasting and Budgeting
Customer Management
Transaction Monitoring
Claim Management
Fraud Detection and Prevention
Stock Management
Others
Global Analytics Market Regional Analysis
The market is analysed and market size insights and trends are provided by country, type, organization size, deployment, end users, and application as referenced above.
The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is expected to dominate the market due to the widespread adoption of advanced analytics technologies, big data, and artificial intelligence (AI) systems across key industries, including healthcare, IT & telecom, BFSI (banking, financial services, and insurance), and manufacturing. The region's strong technological infrastructure, coupled with a highly developed business environment, has facilitated the rapid integration of these innovative solutions, driving growth and increasing demand for analytics services. As a result, North America continues to lead the way in shaping the future of data-driven decision-making and analytics adoption worldwide.
Asia-Pacific (APAC) region is expected to be the fastest-growing in the global analytics market. This growth is fueled by the rapid digital transformation in emerging economies, the increasing volume of data generated by businesses, and the widespread adoption of technologies like artificial intelligence (AI), machine learning, and big data analytics. Countries such as China, India, Japan, and South Korea are making significant investments in analytics across industries like manufacturing, retail, healthcare, and finance. As businesses in the APAC region strive to improve efficiency, enhance customer experiences, and gain a competitive edge, the demand for analytics solutions continues to surge. The rise of startups and technological innovation further accelerates the region's market expansion.
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 such as 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.
PDO Threads Market Share
The 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, global presence, production sites and facilities, production capacities, 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 market.
Global Analytics Market Leaders Operating in the Market Are:
IBM Corporation (U.S.)
Oracle Corporation (U.S.)
SAP SE (Germany)
SAS Institute Inc. (U.S.)
Fiserv, Inc. (U.S.)
Bloomberg L.P. (U.S.)
Moody's Analytics, Inc. (U.S.)
FactSet Research Systems Inc. (U.S.)
Tableau Software (U.S.)
TIBCO Software Inc. (U.S.)
Qlik Technologies Inc. (U.S.)
Numerix LLC (U.S.)
Adaptive Insights, Inc. (U.S.)
Teradata (U.S.)
MicroStrategy Incorporated (U.S.)
Latest Developments in Global Analytics Market
In October 2020, IBM announced its acquisition of WDG Automation, a leading provider of financial analytics software and services. This strategic move aimed to bolster IBM's financial analytics capabilities and strengthen its position in the financial services industry. WDG Automation's technology and expertise were expected to enhance IBM's portfolio of AI-driven automation solutions for financial institutions, enabling improved risk management, fraud detection, and compliance monitoring
In August 2023, Microsoft announced a five-year partnership with Synthetaic, a startup focused on data analysis from space and air sensors using artificial intelligence. Synthetaic's AI tool, Rapid Automatic Image Categorization (RAIC), was developed on Microsoft’s Azure cloud platform. As part of the agreement, Microsoft provided Synthetaic with nearly 1 million hours of cloud computing resources to enhance their data analysis capabilities
In May 2023, Microsoft unveiled a new data and analytics solution called Microsoft Fabric. This tool includes a multi-cloud data lake, named OneLake, and built-in SaaS capabilities. Fabric is a comprehensive analytics product designed to address all of an organization's analytical needs. The data within Microsoft Fabric is organized into a user-friendly data hub, automatically indexed to facilitate seamless sharing, discovery, compliance, and governance
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in 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 customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed 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 (Fact book) or can assist you in creating presentations from the data sets available in the report.
Frequently Asked Questions
What are the primary segments covered in the Global Analytics Market report?
The market is segmented based on Segmentation, By Type (Database Management System (DBMS), Data Integration Tools, Query, Reporting, and Analysis, Analytics Solutions, and Others), Organization Size (Large Enterprises and Small and Medium Enterprises), Deployment Type (On-premises and Cloud), End-User (BFSI, Manufacturing and Automotive, Retail and E-Commerce, Telecommunications and IT, Transportation and Logistics, Healthcare and Pharmaceuticals, Energy and Utilities, Government, and Others), Component (Solutions and Services), Application (Wealth Management, Governance, Risk and Compliance Management, Financial Forecasting and Budgeting, Customer Management, Transaction Monitoring, Claim Management, Fraud Detection and Prevention, Stock Management, and Others) – Industry Trends and Forecast to 2032
.
What is the current market size of the Global Analytics Market?
The Global Analytics Market size was valued at USD 6.95 USD Billion in 2024.
What is the expected growth rate of the Global Analytics Market?
The Global Analytics Market is projected to grow at a CAGR of 10.3% during the forecast period of 2025 to 2032.
Who are the key players in the Global Analytics Market?
The major players operating in the market include IBM Corporation , Oracle Corporation , AP SE , SAS Institute Inc. , FiservInc. , Bloomberg L.P. , Moodys AnalyticsInc. , FactSet Research Systems Inc. , Tableau Software , TIBCO Software Inc. , Qlik Technologies Inc. , Numerix LLC , Adaptive InsightsInc. , Teradata , and MicroStrategy Incorporated .
Which countries are analyzed in the Global Analytics Market report?
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America.
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