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North America Big Data and Business Analytics Market

North America Big Data and Business Analytics Market Size: By Component: Solution, Services; By Deployment Mode: On Premises, Cloud; By Analytics Tool: Dashboard and Data Visualisation, Self-Service Tools, Data Mining and Warehousing, Others; By Application; By Industry Vertical; Regional Analysis; Competitive Landscape; 2024-2032

North America Big Data and Business Analytics Market Outlook

The North America big data and business analytics market size reached approximately USD 109.34 billion in 2023. The market is further projected to grow at a CAGR of 6.9% between 2024 and 2032, reaching a value of USD 202.31 billion by 2032.

 

Key Trends in the Market

Big data analytics refers to the process of analysing, collecting, and processing large amounts of data for discovering market patterns, insights, and trends, among others, to aid companies in making better business decisions. The information is available in an efficient and quick manner, allowing companies to craft plans and establish competitive dominance.

 

  • The rising adoption of digital solution across different industry verticals is boosting the North America big data and business analytics market growth. The increasing utilisation of big data and business analytics across agriculture sector is supporting the analysis of large data sets, prediction of natural trends, and advanced risk assessment.
  • The growing investments by various businesses towards enhanced risk management is supporting the market expansion. Big data tools aid in boosting the predictive power of risk models, offering extensive risk coverage, and enhancement of system effectiveness and response time.
  • The integration of machine learning and artificial intelligence with big data and business analytics is providing lucrative growth opportunities to the market. Machine learning and artificial intelligence support predictive modelling, advanced data analysis, and pattern recognition, to aid organisations in taking data-driven and actionable actions.

 

North America Big Data and Business Analytics Market Analysis

On the basis of component, the market is bifurcated into solution and services. Based on deployment mode, the market is classified into on premises and cloud. On the basis of analytics tool, the market is segregated into dashboard and data visualisation, self-service tools, data mining and warehousing, and reporting, among others.

 

Based on application, the market is categorised into supply chain analytics, customer management, spatial analytics, pricing analytics, marketing analytics, workforce analytics, risk and credit analytics, and transportation analytics.

 

On the basis of industry vertical, the market is divided into BFSI, manufacturing, government, healthcare, IT and telecommunication, transportation, and retail and e-commerce, among others. Based on country, the North America big data and business analytics market segmentation includes United States of America and Canada.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.\

 

  • IBM Corp.
  • Hewlett Packard Enterprise Development LP
  • Microsoft Corp.
  • Oracle Corp.
  • Broadcom Inc.
  • SAP SE
  • SAS Institute Inc.
  • Teradata Corp.
  • TIBCO Software Inc.
  • Fair Isaac Corp.
  • Others

 

Market Share by Analytical Tools

Dashboard and data visualisation is anticipated to account for a significant North America big data and business analytics market share over the forecast period. This growth can be attributed to the ability of the analytical tools to manage unused and unstructured data to help different organisations to extract meaningful information from a rapidly growing set of business data. The increasing frequency of fraudulent activities across different social media platforms is further supporting the segment growth.

 

Market Share by Industry Vertical

Big data and business analytics allows different BFSI institutions to obtain comprehensive knowledge of advertising channels, products and services, industry regulations, and customers, among others. The utilisation of big data analytic tools is also increasing for enhancing analysis and processing of massive datasets for prediction of fraudulent activities and identification of patterns. The North America big data and business analytics market demand is also increasing for analysing, tracking, and monitoring performance metrics of the employees.

 

Competitive Landscape

IBM Corp. is one of the leading IT services and consulting companies that specialises in big data and business analytics, resiliency services, industrial solutions, and technology support, among others. The company was founded in 1911 and is headquartered in New York, United States.

 

Hewlett Packard Enterprise Development LP operates through four segments, that include corporate investments, hybrid IT, financial services, and intelligent edge. The company was founded in 1939 and is headquartered in Texas, United States.

 

Microsoft Corp. is one of the leading software development companies that specialises in cloud computing, business analytics, artificial intelligence, windows operating system, and machine learning, among others. The company was founded in 1975 and is headquartered in Washington, United States.

 

Other North America big data and business analytics market key players include Oracle Corp., Broadcom Inc., SAP SE, SAS Institute Inc., Teradata Corp., TIBCO Software Inc., and Fair Isaac Corp., among others.

 

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:

  • Component
  • Deployment Mode
  • Analytics Tool
  • Application
  • Industry Vertical
  • Region
Breakup by Component
  • Solution
  • Services
Breakup by Deployment Mode
  • On Premises
  • Cloud
Breakup by Analytics Tool
  • Dashboard and Data Visualisation
  • Self-Service Tools
  • Data Mining and Warehousing
  • Reporting
  • Others
Breakup by Application
  • Supply Chain Analytics
  • Customer Management
  • Spatial Analytics
  • Pricing Analytics
  • Marketing Analytics
  • Workforce Analytics
  • Risk and Credit Analytics
  • Transportation Analytics
Breakup by Industry Vertical
  • BFSI
  • Manufacturing
  • Government
  • Healthcare
  • IT and Telecommunication
  • Transportation
  • Retail and E-Commerce
  • Others
Breakup by Region
  • United States of America 
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IBM Corp.
  • Hewlett Packard Enterprise Development LP
  • Microsoft Corp.
  • Oracle Corp.
  • Broadcom Inc.
  • SAP SE
  • SAS Institute Inc.
  • Teradata Corp.
  • TIBCO Software Inc.
  • Fair Isaac Corp.
  • Others

 

*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
7    Opportunities and Challenges in the Market
8    Global Big Data and Business Analytics Market Overview
    8.1    Key Industry Highlights
    8.2    Global Big Data and Business Analytics Historical Market (2018-2023) 
    8.3    Global Big Data and Business Analytics Market Forecast (2024-2032)
    8.4    Global Big Data and Business Analytics Market Share by Region
        8.4.1    North America
        8.4.2    Europe
        8.4.3    Asia Pacific
        8.4.4    Latin America
        8.4.5    Middle East and Africa
9    North America Big Data and Business Analytics Market Overview
    9.1    Key Industry Highlights
    9.2    North America Big Data and Business Analytics Historical Market (2018-2023) 
    9.3    North America Big Data and Business Analytics Market Forecast (2024-2032)
10    North America Big Data and Business Analytics Market by Component
    10.1    Solution
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Services
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
11    North America Big Data and Business Analytics Market by Deployment Mode
    11.1    On Premises
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Cloud
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    North America Big Data and Business Analytics Market by Analytics Tool
    12.1    Dashboard and Data Visualiszation
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Self-Service Tools
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Data Mining and Warehousing
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Reporting
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Others
13    North America Big Data and Business Analytics Market by Application
    13.1    Supply Chain Analytics
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Customer Management
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Spatial Analytics
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Pricing Analytics
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Marketing Analytics
        13.5.1    Historical Trend (2018-2023)
        13.5.2    Forecast Trend (2024-2032)
    13.6    Workforce Analytics
        13.6.1    Historical Trend (2018-2023)
        13.6.2    Forecast Trend (2024-2032)
    13.7    Risk and Credit Analytics
        13.7.1    Historical Trend (2018-2023)
        13.7.2    Forecast Trend (2024-2032)
    13.8    Transportation Analytics
        13.8.1    Historical Trend (2018-2023)
        13.8.2    Forecast Trend (2024-2032)
14    North America Big Data and Business Analytics Market by Industry Vertical
    14.1    BFSI
        14.1.1    Historical Trend (2018-2023)
        14.1.2    Forecast Trend (2024-2032)
    14.2    Manufacturing
        14.2.1    Historical Trend (2018-2023)
        14.2.2    Forecast Trend (2024-2032)
    14.3    Government
        14.3.1    Historical Trend (2018-2023)
        14.3.2    Forecast Trend (2024-2032)
    14.4    Healthcare
        14.4.1    Historical Trend (2018-2023)
        14.4.2    Forecast Trend (2024-2032)
    14.5    IT and Telecommunication
        14.5.1    Historical Trend (2018-2023)
        14.5.2    Forecast Trend (2024-2032)
    14.6    Transportation
        14.6.1    Historical Trend (2018-2023)
        14.6.2    Forecast Trend (2024-2032)
    14.7    Retail and E-Commerce
        14.7.1    Historical Trend (2018-2023)
        14.7.2    Forecast Trend (2024-2032)
    14.8    Others
15    North America Big Data and Business Analytics Market by Country
    15.1    United States of America
        15.1.1    Historical Trend (2018-2023)
        15.1.2    Forecast Trend (2024-2032)
    15.2    Canada
        15.2.1    Historical Trend (2018-2023)
        15.2.2    Forecast Trend (2024-2032)
16    Market Dynamics
    16.1    SWOT Analysis
        16.1.1    Strengths
        16.1.2    Weaknesses
        16.1.3    Opportunities
        16.1.4    Threats
    16.2    Porter’s Five Forces Analysis
        16.2.1    Supplier’s Power
        16.2.2    Buyer’s Power
        16.2.3    Threat of New Entrants
        16.2.4    Degree of Rivalry
        16.2.5    Threat of Substitutes
    16.3    Key Indicators of Demand
    16.4    Key Indicators of Price
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    IBM Corp. 
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Hewlett Packard Enterprise Development LP 
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Microsoft Corp. 
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Oracle Corp. 
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Broadcom Inc. 
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    SAP SE 
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    SAS Institute Inc. 
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Teradata Corp. 
            17.2.8.1    Company Overview
            17.2.8.2    Product Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications
        17.2.9    TIBCO Software Inc. 
            17.2.9.1    Company Overview
            17.2.9.2    Product Portfolio
            17.2.9.3    Demographic Reach and Achievements
            17.2.9.4    Certifications
        17.2.10    Fair Isaac Corp. 
            17.2.10.1    Company Overview
            17.2.10.2    Product Portfolio
            17.2.10.3    Demographic Reach and Achievements
            17.2.10.4    Certifications
        17.2.11    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Big Data and Business Analytics Market: Key Industry Highlights, 2018 and 2032
2.    North America Big Data and Business Analytics Market: Key Industry Highlights, 2018 and 2032
3.    North America Big Data and Business Analytics Historical Market: Breakup by Component (USD MillionBillion), 2018-2023
4.    North America Big Data and Business Analytics Market Forecast: Breakup by Component (USD MillionBillion), 2024-2032
5.    North America Big Data and Business Analytics Historical Market: Breakup by Deployment Mode (USD MillionBillion), 2018-2023
6.    North America Big Data and Business Analytics Market Forecast: Breakup by Deployment Mode (USD MillionBillion), 2024-2032
7.    North America Big Data and Business Analytics Historical Market: Breakup by Analytics Tool (USD MillionBillion), 2018-2023
8.    North America Big Data and Business Analytics Market Forecast: Breakup by Analytics Tool (USD MillionBillion), 2024-2032
9.    North America Big Data and Business Analytics Historical Market: Breakup by Application (USD MillionBillion), 2018-2023
10.    North America Big Data and Business Analytics Market Forecast: Breakup by Application (USD MillionBillion), 2024-2032
11.    North America Big Data and Business Analytics Historical Market: Breakup by Industry Vertical (USD MillionBillion), 2018-2023
12.    North America Big Data and Business Analytics Market Forecast: Breakup by Industry Vertical (USD MillionBillion), 2024-2032
13.    North America Big Data and Business Analytics Historical Market: Breakup by Country (USD MillionBillion), 2018-2023
14.    North America Big Data and Business Analytics Market Forecast: Breakup by Country (USD MillionBillion), 2024-2032
15.    North America Big Data and Business Analytics Market Structure

Key Questions Answered in the Report

What was the North America big data and business analytics market value in 2023?

The market reached a value of approximately USD 109.34 billion in 2023.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 6.9% between 2024 and 2032.

What is the North America big data and business analytics market forecast for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 202.31 billion by 2032.

What are the major market drivers?

The major market drivers include rising adoption of digital solution across different industry verticals and growing investments by various businesses towards enhanced risk management.

What are the key North America big data and business analytics market trends?

The key trends fuelling the growth of the market include increasing frequency of fraudulent activities across different social media platforms and integration of machine learning and artificial intelligence with big data and business analytics.

What are the major countries in the market for big data and business analytics, according to the EMR report?

The major countries in the market are the United States of America and Canada.

Wat are the significant applications of big data and business analytics?

The applications of big data and business analytics include supply chain analytics, customer management, spatial analytics, pricing analytics, marketing analytics, workforce analytics, risk and credit analytics, and transportation analytics.

Who are the key market players, according to the North America big data and business analytics market report?

The key players in the market are IBM Corp., Hewlett Packard Enterprise Development LP, Microsoft Corp., Oracle Corp., Broadcom Inc., SAP SE, SAS Institute Inc., Teradata Corp., TIBCO Software Inc., and Fair Isaac Corp., among others.

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