Worldwide Business Analytics Services Forecast, 2022-2026

This IDC study presents IDC's spending forecast and historical sizing for the worldwide business analytics services market by primary services markets ranging from 2017 and extending to 2026. The names of the primary services markets have been updated to mirror IDC's services primary markets from which business analytics services are extracted, but no changes have been made to the scope of the market (see Market Definition section for further explanation). A range of forecast assumptions are factored in. This study does not contain vendor-specific revenue, market shares, or vendor profiles."Business analytics services resumed double-digit growth in 2021, driven by increased investments to improve business outcomes by connecting information systems, artificial intelligence (AI) capabilities, and process automation," said Jennifer Hamel, research manager, Analytics and Intelligent Automation Services. "As we move further into the era of digital business, organizations will continue to need advice and support from services providers to help them deploy enterprise intelligence technology platforms, improve data trust and security, operationalize and monetize data, and foster evidence-based cultures."