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Classified in: Science and technology, Covid-19 virus
Subject: MRR

Analytics market size to increase by USD 221.23 billion: 31% of the market growth to originate from North America - Technavio


NEW YORK, Dec. 5, 2022 /PRNewswire/ -- The analytics market by component, end-user, and geography - Forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 13.5% and register an incremental growth of USD 221.23 billion during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF sample report

Regional analysis

Based on region, the global analytics market is segmented into North America, Europe, APAC, the Middle East and Africa, and South America. North America will account for 31% of the market's growth during the forecast period. North America has a high adoption rate when it comes to advanced analytics software and is also one of the biggest innovators of many new and advanced technologies introduced. Hence, the region is an attractive region for market vendors. The flourishing retail sector, the growing healthcare sector, and increasing manufacturing output are factors driving the adoption of analytics solutions in the region. Buy the Report

Company profiles

The analytics market report includes information on the key products and recent developments of leading vendors, including:

Market dynamics

Factors such as the growing availability and complexity of data, the growing need to improve business efficiency, and the increased dependency on the internet for critical operations will drive the growth of the Analytics Market during 2023-2027. However, data privacy and security concerns might hamper the market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a sample

Market segmentation
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Analytics Market Scope

Report Coverage

Details

Page number

181

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.5%

Market growth 2023-2027

USD 221.23 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.55

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 31%

Key countries

US, China, India, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Alphabet Inc., Amazon.com Inc., Dell Technologies Inc., Informatica Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech International AB.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Component

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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