Data Analytics Market Overview
The ubiquitous presence of data and the development of new forms to leverage data for forging new collaborations and pushing innovations can drive market growth. Companies are introducing new departments allocated to data analysis for the creation of new products and feeding to new demands.
New opportunities created for the market owing to heavy reliance on the Internet can bring huge returns in the coming cycles. Social media is a prime case with a large ambit of data analytics owing to the high frequency of visits and a large number of interactions on these platforms.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Solution, Organization Size, Industry Vertical, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | IBM Corporation, Datameer, Inc., Alteryx, Inc., SiSense Inc, Mu Sigma, Looker Data Sciences, Inc., SAP SE, SAS Institute Inc., ThoughtSpot, Inc., Microsoft Corporation, Zoho Corporation Pvt. Ltd., Tableau Software, LLC., Dell Inc., Amazon Web Services, Inc., Oracle Corporation. |
The covid-19 Impact on Data Analytics Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Data Analytics Market Segment Overview
By Type, Predictive analytics segment accounted major market share in forecast period. This segment market growth is improved product usability, adoption of new technologies, big data deluge and innovative levers of differentiator.
By Solution, Fraud security and intelligence segment accounted market share. Owing to consumer requirements and reduces fraud in data this solution helps and rising demand of growth of this segment.
By Organization Size, Large enterprise segment accounted major share in forecast period Owing to the rising acceptance and inclination to endue in big data technology among others.
By Industry Verticals, BFSI segment accounted major market share in forecast period. The growing demand for replacing the standard anti-fraud technology tools with advanced analytics is additionally expected to drive the expansion of the BFSI period over the forecast amount.
Market Analysis, Insights and Forecast – By Type
· Predictive Analytics
· Prescriptive Analytics
· Descriptive Analytics
· Customer Analytics
· Others
Market Analysis, Insights and Forecast – By Solution
· Data Management
· Fraud & Security Intelligence
· Data Mining
· Data Monitoring
Market Analysis, Insights and Forecast – By Organization Size
· Large Enterprises
· Small & Medium Enterprises
Market Analysis, Insights and Forecast – By Industry Verticals
· BFSI
· Government And Public Sector
· Telecommunication
· Healthcare
· Transport & Logistics
· Media & Entertainment
· Other
Data Analytics Market Regional Overview
Region-wise, in terms of regions, North America is predicted to dominate the market and exhibit a CAGR over the forecast amount. This can be attributed to the employment of analytic software in industries of media, retail, oil & gas, mining, and others. The info has been used in influencing selections bearing on the acquisition of the latest technology or upgrades in infrastructure.
Data Analytics Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Data Analytics Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Data Analytics are highlighted below.
· In 2020, Fujitsu launched FUJITSU Future Mobility Accelerator Digital Twin Analyzer. This camera is suitable of image analysis, with the help of artificial intelligence. This platform relies on big data collected from connected automobiles and can estimate 3D position and track information of all the obstacles that include wayfarers, other vehicles, roads, and structures.
Data Analytics Market, Key Players
· IBM Corporation
· Datameer, Inc.
· Alteryx, Inc.
· SiSense Inc
· Mu Sigma
· Looker Data Sciences, Inc.
· SAP SE
· SAS Institute Inc.
· ThoughtSpot, Inc.
· Microsoft Corporation
· Zoho Corporation Pvt. Ltd.
· Tableau Software, LLC.
· Dell Inc.
· Amazon Web Services, Inc.
· Oracle Corporation
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Data Analytics market during the forecast period?
Data Analytics market is expected to record a CAGR of ~25% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Data Analytics Market?
Large Enterprises segment is projected to hold the largest share in the Data Analytics Market.
Q3. What are the driving factors for the Data Analytics market?
The growing demand for replacing the standard anti-fraud technology tools with advanced analytics is key factors that boost the growth of the Data Analytics market progressively.
Q4. Which Segments are covered in the Data Analytics market report?
Type, Solution, Organization Size, Industry Vertical, and Region, these segments are covered in the Data Analytics market report
Q5. Which are the prominent players offering Data Analytics?
IBM Corporation, Datameer, Inc., Alteryx, Inc., SiSense Inc, Mu Sigma, Looker Data Sciences, Inc., SAP SE, SAS Institute Inc., ThoughtSpot, Inc., Microsoft Corporation, Zoho Corporation Pvt. Ltd., Tableau Software, LLC., Dell Inc., Amazon Web Services, Inc., Oracle Corporation, are some of the key players offering Data Analytics.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Data Analytics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Predictive Analytics
- 5.2.2. Prescriptive Analytics
- 5.2.3. Descriptive Analytics
- 5.2.4. Customer Analytics
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Solution
- 5.3.1. Data Management
- 5.3.2. Fraud & Security Intelligence
- 5.3.3. Data Mining
- 5.3.4. Data Monitoring
- 5.4. Market Analysis, Insights and Forecast – By Organization Size
- 5.4.1. Large Enterprises
- 5.4.2. Small & Medium Enterprises
- 5.5. Market Analysis, Insights and Forecast – By Industry Verticals
- 5.5.1. BFSI
- 5.5.2. Government And Public Sector
- 5.5.3. Telecommunication
- 5.5.4. Healthcare
- 5.5.5. Transport & Logistics
- 5.5.6. Media & Entertainment
- 5.5.7. Other
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East, and Africa
6. North America Data Analytics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Predictive Analytics
- 6.2.2. Prescriptive Analytics
- 6.2.3. Descriptive Analytics
- 6.2.4. Customer Analytics
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Solution
- 6.3.1. Data Management
- 6.3.2. Fraud & Security Intelligence
- 6.3.3. Data Mining
- 6.3.4. Data Monitoring
- 6.4. Market Analysis, Insights and Forecast – By Organization Size
- 6.4.1. Large Enterprises
- 6.4.2. Small & Medium Enterprises
- 6.5. Market Analysis, Insights and Forecast – By Industry Verticals
- 6.5.1. BFSI
- 6.5.2. Government And Public Sector
- 6.5.3. Telecommunication
- 6.5.4. Healthcare
- 6.5.5. Transport & Logistics
- 6.5.6. Media & Entertainment
- 6.5.7. Other
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Data Analytics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Predictive Analytics
- 7.2.2. Prescriptive Analytics
- 7.2.3. Descriptive Analytics
- 7.2.4. Customer Analytics
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Solution
- 7.3.1. Data Management
- 7.3.2. Fraud & Security Intelligence
- 7.3.3. Data Mining
- 7.3.4. Data Monitoring
- 7.4. Market Analysis, Insights and Forecast – By Organization Size
- 7.4.1. Large Enterprises
- 7.4.2. Small & Medium Enterprises
- 7.5. Market Analysis, Insights and Forecast – By Industry Verticals
- 7.5.1. BFSI
- 7.5.2. Government And Public Sector
- 7.5.3. Telecommunication
- 7.5.4. Healthcare
- 7.5.5. Transport & Logistics
- 7.5.6. Media & Entertainment
- 7.5.7. Other
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Data Analytics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Predictive Analytics
- 8.2.2. Prescriptive Analytics
- 8.2.3. Descriptive Analytics
- 8.2.4. Customer Analytics
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Solution
- 8.3.1. Data Management
- 8.3.2. Fraud & Security Intelligence
- 8.3.3. Data Mining
- 8.3.4. Data Monitoring
- 8.4. Market Analysis, Insights and Forecast – By Organization Size
- 8.4.1. Large Enterprises
- 8.4.2. Small & Medium Enterprises
- 8.5. Market Analysis, Insights and Forecast – By Industry Verticals
- 8.5.1. BFSI
- 8.5.2. Government And Public Sector
- 8.5.3. Telecommunication
- 8.5.4. Healthcare
- 8.5.5. Transport & Logistics
- 8.5.6. Media & Entertainment
- 8.5.7. Other
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Data Analytics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Predictive Analytics
- 9.2.2. Prescriptive Analytics
- 9.2.3. Descriptive Analytics
- 9.2.4. Customer Analytics
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Solution
- 9.3.1. Data Management
- 9.3.2. Fraud & Security Intelligence
- 9.3.3. Data Mining
- 9.3.4. Data Monitoring
- 9.4. Market Analysis, Insights and Forecast – By Organization Size
- 9.4.1. Large Enterprises
- 9.4.2. Small & Medium Enterprises
- 9.5. Market Analysis, Insights and Forecast – By Industry Verticals
- 9.5.1. BFSI
- 9.5.2. Government And Public Sector
- 9.5.3. Telecommunication
- 9.5.4. Healthcare
- 9.5.5. Transport & Logistics
- 9.5.6. Media & Entertainment
- 9.5.7. Other
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. IBM Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Datameer, Inc.
- 10.6. Alteryx, Inc.
- 10.7. SiSense Inc
- 10.8. Mu Sigma
- 10.9. Looker Data Sciences, Inc.
- 10.10. SAP SE
- 10.11. SAS Institute Inc.
- 10.12. ThoughtSpot, Inc.
- 10.13. Microsoft Corporation
- 10.14. Zoho Corporation Pvt. Ltd.
- 10.15. Tableau Software, LLC.
- 10.16. Dell Inc.
- 10.17. Amazon Web Services, Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
