The Statistical Analysis Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for statistical analysis software has seen significant growth in recent years. The market was valued at $9.32 billion in 2024 and is projected to reach $10.35 billion in 2025, growing at a compound annual growth rate (CAGR) of 11.0%. Historically, there has been a consistent growth trend in the Statistical Analysis Software market.
The market size of the Statistical Analysis Software is projected to reach $15.49 billion in 2029, with a compound annual growth rate (CAGR) of 10.6%.
Download Your Free Sample of the 2025 Statistical Analysis Software Market Report and Uncover Key Trends Now!The drivers in the statistical analysis software market are:
• Growth in volume and complexity of data
• A rise in data-driven decision-making
• Increasing regulatory compliance requirements
• Expansion of business intelligence and predictive analytics
The statistical analysis software market covered in this report is segmented –
1) By Component: Software, Services
2) By Products: Cloud-Based, On-Premises
3) By Functionality: Descriptive, Predictive, Prescriptive
4) By Industry Vertical: Healthcare, Finance, Education, Manufacturing, Retail, Government, IT And Telecom
The trends in the statistical analysis software market are:
• Industry-specific solutions are a key emerging trend in the statistical analysis software market.
• There's a significant shift towards the use of cloud-based solutions in the market.
• Integration with artificial intelligence and machine learning is increasingly shaping the future of the market.
• The demand for self-service analytics illustrates a major trend impacting the future direction of the market.
The major players in the statistical analysis software market are:
• Microsoft Corp.
• International Business Machines Corporation
• Oracle Corporation
• S&P Global
• Pearson Education Inc.
North America was the largest region in the statistical analysis software market in 2023