Analytics Market by End-user, Solution, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43759
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The analytics market size is expected to grow by USD 172.77 billion and record a CAGR of 16.78% during 2021-2025.

This post-pandemic analytics market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this analytics market analysis report, key drivers such as the growing availability and complexity of data have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as data privacy and security concerns, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Analytics Market Size be in 2021?

Analytics-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Analytics Market?

The analytics market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Amazon.com Inc.
  • Informatica LLC
  • International Business Machines Corp.
  • Microsoft Corp.
  • MicroStrategy Inc.
  • Oracle Corp.
  • QlikTech international AB
  • Salesforce.com Inc.
  • SAP SE
  • SAS Institute Inc.

 

The analytics market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This analytics market report further entails segmentation by end-user (BFSI, manufacturing, retail, healthcare, and others), solution (services and software), and geography (North America, Europe, APAC, MEA, and South America). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Analytics Market?

Analytics-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the analytics market in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

32% of the market’s growth will originate from North America during the forecast period. The US is a key market for analytics in the region. This report provides estimations of the contribution of all regions to the growth of the analytics market size.

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What are the Key Factors Covered in this Analytics Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive analytics market growth during the next five years
  • Precise estimation of the analytics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the analytics industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of analytics market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The analytics market growth will increase by $109.71 billion during 2019-2024.
The analytics market is expected to grow at a CAGR of 13.61% during 2019-2024.
Technavio has segmented the analytics market by end user (BFSI, Manufacturing, Retail, Healthcare, and Others) and geographic (North America, Europe, APAC, MEA, and South America).
Amazon.com Inc., Informatica LLC, International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech international AB, Salesforce.com Inc., SAP SE, SAS Institute Inc. are a few of the key vendors in the analytics market.
North America will register the highest growth rate of 32.17% among the other regions. Therefore, the analytics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • UK
  • Germany
  • India
  • France
The key factors driving the analytics market growth are:
  • Growing availability and complexity of data
The analytics market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
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