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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1314955

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1314955

Global Analytics as a Service Market Size study & Forecast, by Component, By Analytics Type, By Deployment Type, By Industry Vertical and Regional Analysis, 2023-2030

PUBLISHED: July 20, 2023

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Global Analytics as a Service Market is valued at approximately USD 34.99 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 38.1% over the forecast period 2023-2030. Analytics as a Service offers businesses fully customizable and comprehensive business intelligence solutions that cover the entire data lifecycle, including data organization, analysis, and presentation. These solutions are specifically designed to empower non-technical professionals, enabling them to extract valuable insights from data and make well-informed decisions. The Analytics as a Service Market is expanding because of factors such as increasing Cloud Adoption and increasing awareness of IoT devices. Moreover, the growth of Software as a Service can be attributed to several factors, including increased adoption of cloud-based solutions, seamless integration with other tools, and the utilization of centralized data-driven analytics.

According to Statista in 2023, the global market for cloud applications was valued at USD 133.6 billion in 2021, and it is projected to reach USD 168.6 billion by 2025. The cloud applications software market is expected to grow at a compound annual growth rate (CAGR) of 4.8 percent. The growing demand for Analytics as a Service (AaaS) is driven by the rising number of IoT devices and the requirement for cost-effective analytics solutions. Organizations are seeking analytics capabilities without significant investments, leading to an increased demand for AaaS. According to Statista in 2022, the global count of Internet of Things (IoT) devices is projected to nearly triple, going from 9.7 billion in 2020 to over 29 billion by 2030. By 2030, China is expected to have the highest number of IoT devices, with approximately 5 billion consumer devices. In addition, technological advancements in analytics as a service and increasing demand for customized AaaS solutions would create a lucrative growth opportunity. However, data security concerns and a lack of skilled professionals stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Analytics as a Service Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. period, North America dominated the region during the forecast period owing to the factors such , rising adoption of cloud solutions, increased demand for advanced analytics capabilities and the need for cost-effective analytics solutions. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the rising number of analytics firms and increased investments in emerging analytics companies within the region.

Major market player included in this report are:

Microsoft Corporation
Oracle Corporation
SAP societas Europaea
Hewlett Packard Enterprise Development LP
TIBCO Software Inc.
Amazon Web Services, Inc.
GoodData Corporation
SAS Institute Inc.
International Business Machines Corporation
Google LLC

Recent Developments in the Market:

In October 2021, Amazon launched the Search Analytics Dashboard, the latest tool that assists Brand Registry merchants in gathering insights from their product search performance. The Search Analytics Dashboard gives retailers access to a wealth of anonymized data that will help them better understand their consumers' interests and purchasing preferences for their products.
In April 2022 Kyndryl announced an expansion of its partnership with SAP, aimed at helping customers overcome digital transformation challenges. As part of this expanded collaboration, Kyndryl offered services that complemented the RISE with SAP solution. These services included proven migration tools, scalable offerings, AI-driven business data management, analytics solutions and application modernization.

Global Analytics as a Service Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Analytics Type, Deployment Type, Industry Vertical, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solutions
Services

By Analytics Type:

Predictive Analytics
Prescriptive Analytics
Diagnostic Analytics
Descriptive Analytics

By Deployment Type:

Private Cloud
Public Cloud
Hybrid Cloud

By Industry Vertical:

BFSI
Retail
Government & Public Sector
IT & Telecommunication
Transportation & Logistics
Manufacturing
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Analytics as a Service Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Analytics as a Service Market, by Component , 2020-2030 (USD Billion)
- 1.2.3. Analytics as a Service Market, by Analytics Type , 2020-2030 (USD Billion)
- 1.2.4. Analytics as a Service Market, by Deployment Type , 2020-2030 (USD Billion)
- 1.2.5. Analytics as a Service Market, by Industry Vertical , 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Analytics as a Service Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Analytics as a Service Market Dynamics

3.1. Analytics as a Service Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Cloud Adoption
  - 3.1.1.2. Increasing awareness of IoT devices.
- 3.1.2. Market Challenges
  - 3.1.2.1. Data security concerns
  - 3.1.2.2. Lack of skilled professionals
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements in analytics as a service
  - 3.1.3.2. Increasing demand for customized AaaS solutions

Chapter 4. Global Analytics as a Service Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Analytics as a Service Market, by Component

5.1. Market Snapshot
5.2. Global Analytics as a Service Market by Component , Performance - Potential Analysis
5.3. Global Analytics as a Service Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Analytics as a Service Market, Sub Segment Analysis
- 5.4.1. Solutions
- 5.4.2. Services

Chapter 6. Global Analytics as a Service Market, by Analytics Type

6.1. Market Snapshot
6.2. Global Analytics as a Service Market by Analytics Type , Performance - Potential Analysis
6.3. Global Analytics as a Service Market Estimates & Forecasts by Analytics Type 2020-2030 (USD Billion)
6.4. Analytics as a Service Market, Sub Segment Analysis
- 6.4.1. Predictive Analytics
- 6.4.2. Prescriptive Analytics
- 6.4.3. Diagnostic Analytics
- 6.4.4. Descriptive Analytics

Chapter 7. Global Analytics as a Service Market, by Deployment Type

7.1. Market Snapshot
7.2. Global Analytics as a Service Market by Deployment Type , Performance - Potential Analysis
7.3. Global Analytics as a Service Market Estimates & Forecasts by Deployment Type 2020-2030 (USD Billion)
7.4. Analytics as a Service Market, Sub Segment Analysis
- 7.4.1. Private Cloud
- 7.4.2. Public Cloud
- 7.4.3. Hybrid Cloud

Chapter 8. Global Analytics as a Service Market, by Industry Vertical

8.1. Market Snapshot
8.2. Global Analytics as a Service Market by Industry Vertical , Performance - Potential Analysis
8.3. Global Analytics as a Service Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
8.4. Analytics as a Service Market, Sub Segment Analysis
- 8.4.1. BFSI
- 8.4.2. Retail
- 8.4.3. Government & Public Sector
- 8.4.4. IT & Telecommunication
- 8.4.5. Transportation & Logistics
- 8.4.6. Manufacturing
- 8.4.7. Others

Chapter 9. Global Analytics as a Service Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Analytics as a Service Market, Regional Market Snapshot
9.4. North America Analytics as a Service Market
- 9.4.1. U.S. Analytics as a Service Market
  - 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Analytics Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Deployment Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Analytics as a Service Market
9.5. Europe Analytics as a Service Market Snapshot
- 9.5.1. U.K. Analytics as a Service Market
- 9.5.2. Germany Analytics as a Service Market
- 9.5.3. France Analytics as a Service Market
- 9.5.4. Spain Analytics as a Service Market
- 9.5.5. Italy Analytics as a Service Market
- 9.5.6. Rest of Europe Analytics as a Service Market
9.6. Asia-Pacific Analytics as a Service Market Snapshot
- 9.6.1. China Analytics as a Service Market
- 9.6.2. India Analytics as a Service Market
- 9.6.3. Japan Analytics as a Service Market
- 9.6.4. Australia Analytics as a Service Market
- 9.6.5. South Korea Analytics as a Service Market
- 9.6.6. Rest of Asia Pacific Analytics as a Service Market
9.7. Latin America Analytics as a Service Market Snapshot
- 9.7.1. Brazil Analytics as a Service Market
- 9.7.2. Mexico Analytics as a Service Market
9.8. Middle East & Africa Analytics as a Service Market
- 9.8.1. Saudi Arabia Analytics as a Service Market
- 9.8.2. South Africa Analytics as a Service Market
- 9.8.3. Rest of Middle East & Africa Analytics as a Service Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Microsoft Corporation
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Oracle Corporation
- 10.3.3. SAP societas Europaea
- 10.3.4. Hewlett Packard Enterprise Development LP
- 10.3.5. TIBCO Software Inc.
- 10.3.6. Amazon Web Services, Inc.
- 10.3.7. GoodData Corporation
- 10.3.8. SAS Institute Inc.
- 10.3.9. International Business Machines Corporation
- 10.3.10. Google LLC

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Analytics as a Service Market, report scope
TABLE 2. Global Analytics as a Service Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Analytics as a Service Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Analytics as a Service Market estimates & forecasts by Analytics Type 2020-2030 (USD Billion)
TABLE 5. Global Analytics as a Service Market estimates & forecasts by Deployment Type 2020-2030 (USD Billion)
TABLE 6. Global Analytics as a Service Market estimates & forecasts by Industry Vertical 2020-2030 (USD Billion)
TABLE 7. Global Analytics as a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Analytics as a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Analytics as a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Analytics as a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Analytics as a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Analytics as a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Analytics as a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Analytics as a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Analytics as a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Analytics as a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Analytics as a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Analytics as a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Analytics as a Service Market
TABLE 72. List of primary sources, used in the study of global Analytics as a Service Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Analytics as a Service Market, research methodology
FIG 2. Global Analytics as a Service Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Analytics as a Service Market, key trends 2022
FIG 5. Global Analytics as a Service Market, growth prospects 2023-2030
FIG 6. Global Analytics as a Service Market, porters 5 force model
FIG 7. Global Analytics as a Service Market, pest analysis
FIG 8. Global Analytics as a Service Market, value chain analysis
FIG 9. Global Analytics as a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Analytics as a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Analytics as a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Analytics as a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Analytics as a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Analytics as a Service Market, regional snapshot 2020 & 2030
FIG 15. North America Analytics as a Service Market 2020 & 2030 (USD Billion)
FIG 16. Europe Analytics as a Service Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Analytics as a Service Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Analytics as a Service Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Analytics as a Service Market 2020 & 2030 (USD Billion)

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

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