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.
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
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?
A. 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?
A. 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?
A. 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?
A. 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?
A. 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.
Data Analytics Market Study Global Market Analysis, Insights and Forecast, 2020-2027
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.