Reports
Sale
Global Business Analytics Market Size, Share, Growth, Analysis: By Software: Query, Reporting and Analysis Tools, Content Analytics, Data Warehousing Platform, Others; By Deployment Type: Cloud, On-premises; By Enterprise Size; By Industry Vertical; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032
Global Business Analytics Market Outlook
The global business analytics market is expected to grow at a CAGR of 8.3% during the period 2024-2032. Growth of Big Data has led to an increase in the demand for business analytics. Modern data analytics techniques are today required to decipher the huge amounts of data (particularly unstructured data) in the digital age.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Companies use data analytics to gather, process, integrate and formulate data for development, assessment, and review of analytical models, and better decision making. Use of data analytics pervades several domains, including marketing, healthcare, logistics, finance, ecommerce, food service and restaurants, professional sports, entertainment, casinos, and others. North America, Europe and Asia are expected to be key regions for the business analytics market.
Market Growth is Expected to be Pushed by Need to Better Understand Data to Make Intelligent Business Decisions
Business analytics indicates the use of statistical methods and techniques to assess historical data to obtain new and deeper insights and improve decision-making. Key elements of business analytics include text mining, data aggregation, data mining, association and sequence identification, forecasting, predictive analytics, data visualization, and optimization. Descriptive analytics assesses historical data to determine the response of a given unit to a group of variables; predictive analytics, on the other hand, examines historical data to establish the probability of certain future consequences or outcomes. Prescriptive analytics combines the descriptive and predictive analytics approaches to gain insights into possible future outcomes with estimated time and reason of occurrence. Examples of business analytics may include management and running of clinical information systems (healthcare industry), following player spending and formulation of retention efforts in nightclubs and casinos, restructuring of operations in fast food restaurants through monitoring of peak customer hours and determining the time of preparation of particular food items on the basis of assembly time. Such applications are expected to drive the global business analytics market.
Major Solution Providers Offer Modern Solutions
Leading companies offer modern and high-quality business analytics software solutions to enable efficient business operations. Popular business analytics tools used by companies include QlikView, SAS Business Analytics (SAS BA), Splunk, Board, Microstrategy, Sisense, Dundas BI, KNIME, TIBCO Spotfire, Tableau Big Data Analytics, and others.
Businesses Use Business Analytics to Optimize Processes and Improve Offerings
Several leading companies have made significant investments in business analytics, supporting the growth of the business analytics market. Businesses seek to gain deep insights to streamline and optimize processes, and eliminate inefficiencies therein. Company-wide optimization and streamlining processes may include formulation and assessment of company decisions on the basis of past performance and market trends; assessing departmental performance and growth efforts; evaluating employee productivity and performance; assessing present and future human resource and skill requirements; evaluating and forecasting the performance of potential investments; determining demand for a given service or product and observing consumer behaviour; and others. For example, Amazon.com discerns sales data by analysing purchases to reach out to customers and predict what types of products would a customer prefer to buy. General Electric uses business analytics on its sensor data to predict when engine maintenance would be needed.
Disney uses business analytics to predict consumer behaviour and preferences and offer superior customer experience.
Zara uses data gathered from Instagram, surveys, and social media to better understand customers’ fashion sensibilities and create fashion that becomes popular and a trend once it reaches the stores.
Market Segmentation
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By software, the business analytics market is segmented into:
- Content Analytics
- Query, Reporting and Analysis Tools
- Data Warehousing Platform
- Others
On the basis of deployment type, the market is divided into:
- Cloud
- On-premises
By enterprise size, the market is segmented into:
- Large Enterprises
- Small and Medium Enterprises
By industry vertical, the market is classified into:
- Energy and power
- Banking, Financial Services, and Insurance (BFSI)
- Government
- Education
- Healthcare
- Retail
- Manufacturing
- Media and Entertainment
- Telecom and IT
- Others
By region, the market is segmented into:
- Middle East and Africa
- North America
- Asia Pacific
- Europe
- Latin America
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Industry Players in the Market
The report comprehensively analyses key players in the global business analytics market, monitoring their capacity and newest developments like plant turnarounds, capacity expansions, and mergers and acquisitions:
- Oracle Corporation
- IBM Corporation
- Panterra Networks, Inc.
- Teradata Corporation
- Tableau Software, LLC.
- Others
The EMR report offers a deep understanding of the industry through a SWOT analysis and Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Software |
|
| Breakup by Deployment Type |
|
| Breakup by Enterprise Size |
|
| Breakup by Industry Vertical |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Business Analytics Market Analysis
8.1 Key Industry Highlights
8.2 Global Business Analytics Historical Market (2018-2023)
8.3 Global Business Analytics Market Forecast (2024-2032)
8.4 Global Business Analytics Market by Software
8.4.1 Query, Reporting and Analysis Tools
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Content Analytics
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Data Warehousing Platform
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Business Analytics Market by Deployment Type
8.5.1 Cloud
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 On-premises
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Business Analytics Market by Enterprise Size
8.6.1 Large Enterprises
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Small and Medium Enterprises
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.7 Global Business Analytics Market by Industry Vertical
8.7.1 Banking, Financial Services, and Insurance (BFSI)
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Energy and power
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Education
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Government
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Retail
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
8.7.6 Healthcare
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2018-2023)
8.7.6.3 Forecast Trend (2024-2032)
8.7.7 Media and Entertainment
8.7.7.1 Market Share
8.7.7.2 Historical Trend (2018-2023)
8.7.7.3 Forecast Trend (2024-2032)
8.7.8 Manufacturing
8.7.8.1 Market Share
8.7.8.2 Historical Trend (2018-2023)
8.7.8.3 Forecast Trend (2024-2032)
8.7.9 Telecom and IT
8.7.9.1 Market Share
8.7.9.2 Historical Trend (2018-2023)
8.7.9.3 Forecast Trend (2024-2032)
8.7.10 Others
8.8 Global Business Analytics Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Oracle Corporation
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 IBM Corporation
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Panterra Networks, Inc.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Teradata Corporation
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Tableau Software, LLC.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Business Analytics Market: Key Industry Highlights, 2018 and 2032
2. Global Business Analytics Historical Market: Breakup by Software (USD Million), 2018-2023
3. Global Business Analytics Market Forecast: Breakup by Software (USD Million), 2024-2032
4. Global Business Analytics Historical Market: Breakup by Deployment Type (USD Million), 2018-2023
5. Global Business Analytics Market Forecast: Breakup by Deployment Type (USD Million), 2024-2032
6. Global Business Analytics Historical Market: Breakup by Enterprise Size (USD Million), 2018-2023
7. Global Business Analytics Market Forecast: Breakup by Enterprise Size (USD Million), 2024-2032
8. Global Business Analytics Historical Market: Breakup by Industry Vertical (USD Million), 2018-2023
9. Global Business Analytics Market Forecast: Breakup by Industry Vertical (USD Million), 2024-2032
10. Global Business Analytics Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Business Analytics Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Business Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Business Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Business Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Business Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Business Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Business Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Business Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Business Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Business Analytics Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Business Analytics Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Business Analytics Market Structure
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER