Global Embedded Analytics Market Research 2024, Forecast To 2033
19 Feb, 2024
The embedded analytics market has grown rapidly, increasing from $62.46 billion in 2023 to $71.03 billion in 2024 at a CAGR of 13.7%. The forecast predicts rapid growth, reaching $127.16 billion in 2028 with a CAGR of 15.7%. Growth drivers include analytics integration into business applications, real-time data insights needs, self-service business intelligence rise, data-driven decision-making emphasis, and embedded analytics adoption in CRM systems. Key trends involve natural language processing in embedded analytics, data security and compliance, real-time streaming analytics integration, embedded analytics use in mobile and edge computing, and collaborative and social analytics in embedded systems.
Global Embedded Analytics Market Key Driver
The high demand from data-driven organizations is driving the embedded analytics market. With a growing number of enterprises adopting data-driven strategies, there is increased demand for embedded analytics to facilitate decision-making processes. The potential for a 30% annual growth in data-driven enterprises emphasizes the impact on the embedded analytics market.
Get A Free Sample Of The Global Embedded Analytics Market ReportGlobal Embedded Analytics Market Segments
The embedded analytics market covered in this report is segmented –
1)By Solution: Software, Services
2)By Deployment Mode: On-Premise, Cloud-Based
3)By Organistion Size: Small And Medium Enterprises, Large Enterprises
4)By Application: Finance, HR, IT, Marketing And Sales, Production, Other Applications
5)By End-User Vertical: Telecommunications And IT, Retail, Healthcare, Manufacturing, Other Verticles
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the embedded analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the embedded analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Embedded Analytics Industry Players
MicroStrategy Incorporated; TIBCO Software Inc.; Tableau Software LLC; SAS Institute Inc.; Oracle Corporation; The International Business Machines Corporation; Microsoft Corporation; Infor Inc.; SAP SE; Yellowfin International Pty. Ltd.; Sisense Inc.; Information Builders Inc.; OpenText Corporation; QlikTech International AB; GoodData; Zoho Analytics; Logi Analytics Inc.; OpenText Corp.; Izenda Inc.; Vertica Systems Inc.; WNS Global Services SA Pty. Ltd.; Exago, Inc.; Looker Data Sciences Inc.; Phocas Software; Dundas Data Visualization Inc.; InetSoft Technology Corp.; Pyramid Analytics; Anaplan Inc.; Cloudera Inc.; Dataiku Inc.
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Embedded Analytics Market Overview
Embedded analytics is a set of capabilities that are tightly embedded into existing programs to provide additional awareness, context, or analytic capability to aid decision-making.It is used to solve high-value business challenges and work more effectively using relevant data and analytics.
Embedded Analytics Global Market Report 2023 provides data on the global embedded analytics market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The embedded analytics market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.