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Global Cloud Analytics Market to Grow at a CAGR of 22% During 2021-2026, Aided by Rising Demand for Analysis of Unstructured Data

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Global Cloud Analytics Market: By Solution: Cloud Bi Tools, Hosted Data Warehouse Solutions, Complex Event Processing, Others; By Deployment Mode; By Organization Size; By Vertical; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Cloud Analytics Market Outlook

The global cloud analytics industry attained a value of USD 23.8 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 22% to reach USD 78.5 billion by 2026.

 

Global Cloud Analytics Market

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North American Region to Hold the Largest Market Share in Cloud Analytics

North America is expected to continue holding the largest market share for cloud analytics in forecasting years. This is because of the active presence of key market players and encouragement of cross border privacy rules in the United States. The demand generated by adoption of Artificial Intelligence and NLP technologies for better data visualization and improving efficiency is boosting the growth of industry in the region. Asia Pacific is also going to witness significant growth owing to data centers opened by key players and demand generated by new and innovative technology. The improvement in bandwidth and connectivity will further accelerate the industry growth.

 

Cloud Analytics: Industry Definition and Segmentation

Cloud analytics refers to the service that allows analyzing data through the remote private or public resources called cloud. The techniques and analytic tools of cloud analysis help in categorising the data after collecting useful information from the bulk of data. This removes the costs for data storage and computing resources in the working area and simplifies the process for business intelligence. The cloud analytics also improves the efficiency of business operations and improves collaboration and data observations.

 

Global Cloud Analytics Market By Solution

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On the basis of solution, the industry is segmented into:

  • Cloud Bi Tools
  • Hosted Data Warehouse Solutions
  • Complex Event Processing
  • Enterprise Information Management
  • Enterprise Performance Management
  • Governance, Risk, and Compliance
  • Analytics Solutions

On the basis of deployment mode, cloud analytics is categorized into:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

The industry is divided on the basis of organization size into:

  • Small and Medium-Sized Enterprises
  • Large Enterprises

On the basis of vertical, the cloud analytics is segmented into:

  • Telecommunications and IT
  • Energy
  • Media and Entertainment
  • Government
  • Research and Education
  • Retail and Consumer Goods
  • Banking, Financial Services, and Insurance
  • Healthcare and Life Sciences
  • Manufacturing
  • Others

The regional markets for cloud analytics industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Cloud Analytics Market By Region

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Rising Adoption of High-End Technologies is Driving the Market Demand

The new technologies such as machine learning, and artificial intelligence can improve the efficiency and accuracy of operations. Their advantages such as automation, decision making, and data research are attracting the business enterprises around the world. The data analysis and solutions for complex problems with the integration of cloud analytics is bolstering the market growth of cloud analytics. The cloud analytics provide efficient and reliable options for data storage propelling the market demand. The rapid adoption of internet of things and expansion of 5G connectivity will provide impetus to the growth of market. The security management through text analytics can further boost the industry growth. However, the privacy concerns for confidential data can hinder the market development.

 

Key Industry Players in the Global Cloud Analytics Market

The report gives a detailed analysis of the following key players in the global cloud analytics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • IBM Corporation
  • Oracle Corporation
  • Google LLC
  • Microsoft Corporation
  • SAP SE
  • Hewlett-Packard Development Company, L.P.
  • Salesforce.com, Inc
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cloud Analytics Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Cloud Analytics Historical Market (2016-2020) 
    8.3    Global Cloud Analytics Market Forecast (2021-2026)
    8.4    Global Cloud Analytics Market by Solution
        8.4.1    Cloud Bi Tools
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Hosted Data Warehouse Solutions
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Complex Event Processing
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Enterprise Information Management
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Enterprise Performance Management
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Governance, Risk, and Compliance
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Analytics Solutions
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2016-2020)
            8.4.7.3    Forecast Trend (2021-2026)
    8.5    Global Cloud Analytics Market by Deployment Mode
        8.5.1    Public Cloud
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Private Cloud
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Hybrid Cloud
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Cloud Analytics Market by Organization Size
        8.6.1    Small and Medium-Sized Enterprises
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Large Enterprises
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Cloud Analytics Market by Vertical
        8.7.1    Banking, Financial Services, and Insurance
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Healthcare and Life Sciences
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Retail and Consumer Goods
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Research and Education
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Government
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2016-2020)
            8.7.5.3    Forecast Trend (2021-2026)
        8.7.6    Media and Entertainment
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2016-2020)
            8.7.6.3    Forecast Trend (2021-2026)
        8.7.7    Energy
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2016-2020)
            8.7.7.3    Forecast Trend (2021-2026)
        8.7.8    Telecommunications and IT
            8.7.8.1    Market Share
            8.7.8.2    Historical Trend (2016-2020)
            8.7.8.3    Forecast Trend (2021-2026)
        8.7.9    Manufacturing
            8.7.9.1    Market Share
            8.7.9.2    Historical Trend (2016-2020)
            8.7.9.3    Forecast Trend (2021-2026)
        8.7.10    Others
    8.8    Global Cloud 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 (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        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
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape
    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    IBM Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Oracle Corporation
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Google LLC
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Microsoft Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    SAP SE
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Hewlett-Packard Development Company, L.P.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Salesforce.com, Inc
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Cloud Analytics Market: Key Industry Highlights, 2016 and 2026
2.    Global Cloud Analytics Historical Market: Breakup by Solution (USD Billion), 2016-2020
3.    Global Cloud Analytics Market Forecast: Breakup by Solution (USD Billion), 2021-2026
4.    Global Cloud Analytics Historical Market: Breakup by Deployment Mode (USD Billion), 2016-2020
5.    Global Cloud Analytics Market Forecast: Breakup by Deployment Mode (USD Billion), 2021-2026
6.    Global Cloud Analytics Historical Market: Breakup by Organization Size (USD Billion), 2016-2020
7.    Global Cloud Analytics Market Forecast: Breakup by Organization Size (USD Billion), 2021-2026
8.    Global Cloud Analytics Historical Market: Breakup by Vertical (USD Billion), 2016-2020
9.    Global Cloud Analytics Market Forecast: Breakup by Vertical (USD Billion), 2021-2026
10.    Global Cloud Analytics Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Cloud Analytics Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Cloud Analytics Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Cloud Analytics Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Cloud Analytics Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Cloud Analytics Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Cloud Analytics Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Cloud Analytics Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Cloud Analytics Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Cloud Analytics Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Cloud Analytics Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Cloud Analytics Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Cloud Analytics Market Structure

Key Questions Answered in the Report

What was the global cloud analytics market size in 2020?

In 2020, the global cloud analytics market attained a value of nearly USD 23.8 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 22% between 2021 and 2026.

What is the forecast outlook of the market for 2021-2026?

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 78.5 billion by 2026.

What are the major industry drivers?

The major industry drivers include new technologies such as machine learning and artificial intelligence which can improve the efficiency and accuracy of operations through advantages such as automation, decision making, and data research.

What are the key industry trends of the global market?

Major trends pushing the growth of this market are rapid adoption of internet of things and expansion of 5G connectivity.

What are the major regional markets of cloud analytics, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.

What are the solution types of cloud analytics in the industry?

The significant solution types of cloud analytics are cloud Bi Tools, hosted data warehouse solutions, complex event processing, enterprise information management, enterprise performance management; governance, risk, and compliance, and analytics solutions.

What are the deployment modes of cloud analytics?

The leading deployment modes of cloud analytics are public cloud, private cloud, and hybrid cloud.

What are the major segments in terms of organization size?

The industry is bifurcated in terms of organization size into small and medium-sized enterprises and large enterprises.

What are the verticals for the industry?

The verticals can be divided into banking, financial services, and insurance, healthcare and life sciences, retail and consumer goods, research and education, government, media and entertainment, energy, telecommunications and IT, and manufacturing, among others.

Who are the key industry players, according to the report?

The major players in the industry are IBM Corporation, Oracle Corporation, Google LLC, Microsoft Corporation, SAP SE, Hewlett-Packard Development Company, L.P., and Salesforce.com, Inc, among others.

Analyst Review

The global cloud analytics market attained a value of USD 23.8 billion in 2020, driven by the new technologies such as machine learning and artificial intelligence which can improve the efficiency and accuracy of operations through advantages such as automation, decision making, and data research. Aided by the rapid adoption of internet of things and expansion of 5G connectivity, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 22%. The market is projected to reach USD 78.5 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its solution types, the cloud analytics industry can be segmented into cloud bi tools, hosted data warehouse solutions, complex event processing, enterprise information management, enterprise performance management, governance, risk, and compliance, and analytics solutions. The leading deployment modes of cloud analytics are public cloud, private cloud, and hybrid cloud. The industry is bifurcated in terms of organization size into small and medium-sized enterprises and large enterprises. The major regional markets for cloud analytics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include IBM Corporation, Oracle Corporation, Google LLC, Microsoft Corporation, SAP SE, Hewlett-Packard Development Company, L.P. and Salesforce.com, Inc, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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