Embedded Analytics Global Market Sees Growth Rate Of 16% Through 2022

3 Aug, 2022

The global embedded analytics market size is expected to grow from $48.44 billion in 2021 to $56.27 billion in 2022 at a compound annual growth rate (CAGR) of 16.2%. The global embedded analytics market size is expected to grow to $95.78 billion in 2026 at a CAGR of 14.2%.

What is the Global Embedded Analytics Market?

The embedded analytics market consists of sales of embedded analytics by entities (organizations, sole proprietors, partnerships) that are used to solve high-value business challenges and work more effectively using relevant data and analytics. 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.

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What drives the Global Embedded Analytics Market?

High demand from data-driven organizations is expected to propel the embedded analytics market. A data-driven organization collect, monitor, and analyze the raw data for the decision-making process. The increasing variations and complexity in data sets are increasing demand for embedded analytics to help employees in decision making, beat their competition, and help customers gain insights. For instance, according to Keboola, a Czech Republic-based data operations platform, 90% of data-driven enterprise analytics and business professionals believe that data and analytics are the key digital transformation initiatives for their organization. Therefore, high demand from data-driven organizations will contribute to the growth of the embedded analytics market.

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Global Embedded Analytics Market Segments
The global embedded analytics market is segmented:
By Solution: Software, Services
By Deployment Mode: On-Premise, Cloud-Based
By Organisation Size: Small and Medium Enterprises, Large Enterprises
By Application: Finance, HR, IT, Marketing and Sales, Production, Others
By End-User Vertical: Telecommunications and IT, Retail, Healthcare, Manufacturing, Others
By Geography: The regions covered in the embedded analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Embedded Analytics Global Market Report 2022provides market size and growth forecasts for the embedded analytics global market, embedded analytics global market share, embedded analytics market segments and geographies, embedded analytics global market competitive landscape including leading competitors’ revenues, profiles and market shares. The embedded analytics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Embedded Analytics Industry Playersinclude MicroStrategy Incorporated, TIBCO Software Inc., Tableau Software, SAS Institute Inc., Oracle Corporation, IBM Corporation, Microsoft Corporation, Infor, SAP SE, Yellowfin International, Sisense Inc., Information Builders, OpenText Corporation, and QlikTech International AB. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.