Global Business Analytics
Market Report
2025
The global Business Analytics market size will be USD 66719.8 million in 2024. The Business Analytics market will show the strongest growth, with a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031. This growth can be attributed to the increasing dependence on automated technology.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Business Analytics Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 9.03% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Software |
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Market Split by Deployment Type |
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Market Split by End User |
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Market Split by Industry Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:The rising adoption of advanced analytics tools for applications to drive the Business Analytics market's expansion in the years ahead | |
Market Restrains:
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Report scope is customizable as we have a huge database of Business Analytics industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Business Analytics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Business Analytics also referred to as experiencing rapid growth, is driven by the increasing importance of data-driven decision-making across industries. Organizations are leveraging business analytics to gain insights, enhance operational efficiency, and achieve competitive advantages. The market encompasses a wide range of solutions, including data mining, predictive analytics, and data visualization tools. Key factors fueling market expansion include the proliferation of big data, advancements in artificial intelligence and machine learning, and the growing adoption of cloud-based analytics. Additionally, the rise of IoT and the digital transformation of businesses are further propelling the demand for sophisticated analytics tools. However, challenges such as data privacy concerns and a shortage of skilled professionals may impede market growth.
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In November 2022: IBM unveiled a business intelligence (BI) and analytics package, branded Business Analytics Enterprise, that it says is aimed to assist firms in breaking down data silos and limitations to cooperation generated by using disparate sets of analytics tools in different divisions. By doing this, businesses may address emerging issues like supply chain interruptions, labor shortages, and changing legislation more effectively. (Source: https://www.techtarget.com/searchbusinessanalytics/news/252526999/Launch-of-Business-Analytics-Enterprise-unifies-IBM-BI-tools)
Top Companies Market Share in Business Analytics Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America is currently the most dominant, driven by several key factors. Firstly, the region's advanced technological infrastructure supports the widespread adoption of sophisticated analytics tools. Companies in North America prioritize data-driven decision-making, leveraging big data, AI, and machine learning to gain competitive advantages. Additionally, significant investments from tech giants like IBM, Microsoft, and Google foster continuous innovation and expansion of analytics capabilities. There is a high concentration of large enterprises, particularly in sectors such as finance, healthcare, and retail.
Asia Pacific region is experiencing the fastest growth in the business analytics market, fueled by rapid digital transformation across various industries. The region's economic dynamism, coupled with increasing internet penetration and mobile usage, generates vast amounts of data ripe for analysis. Governments in countries like China, India, and Japan are investing heavily in smart city initiatives and digital infrastructure, driving demand for analytics solutions. Additionally, the proliferation of startups and small to medium enterprises (SMEs) in Asia Pacific is contributing to market expansion as these businesses seek cost-effective analytics tools to remain competitive.
The current report Scope analyzes Business Analytics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Business Analytics Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Business Analytics Industry growth. Business Analytics market has been segmented with the help of its Software, Deployment Type End User, and others. Business Analytics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Query, Reporting, and Analysis Tools is the dominant category. Query tools allow users to retrieve specific data sets from large databases by posing questions in a structured query language (SQL) or through more user-friendly interfaces. Reporting tools then present this data in comprehensible formats, such as dashboards, charts, and graphs, facilitating quick insights and decision-making. Analysis tools go a step further by enabling deeper examination of data patterns, trends, and anomalies, often incorporating advanced analytics like predictive modeling and data mining.
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This industry is one of the most dynamic industries, mainly fuelled by advanced technological, changing customer needs, and regulatory environments. In this chapter, we have included Business Analytics market size, revenue share and growth rate for each application/end-user segment across the globe as well as regional level.
Moreover, we have also provides qualitative analysis such as driving and restraining factors which affects the Business Analytics market growth. This section helps companies to gain a deeper understanding of the market trends, challenges and technological advancements. Thus this analysis allows companies to build strategies and make informed decisions in a highly competitive and rapidly evolving market.
Some of the key Deployment Type of Business Analytics are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Business Analytics Market is witnessing significant growth in the near future.
In 2023, the Query segment accounted for noticeable share of global Business Analytics Market and is projected to experience significant growth in the near future.
The Cloud segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Cloudability, EXPONEA and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Software | Query, Reporting, and Analysis Tools, Advanced and Predictive Analytics, Location Intelligence, Content Analytics, Data Warehousing Platform, Enterprise Performance Management |
Deployment Type | Cloud, On-Premises |
End User | Large Enterprises, SMBs |
Industry Vertical | Banking, Financial Services, and Insurance (BFSI), Energy and Power, Education, Government, Retail, Healthcare, Media and Entertainment, Manufacturing, Telecom and IT, Others |
List of Competitors | Cloudability, Inc, EXPONEA, Densify, Inc., Google LLC, Mixpanel, Inc., IBM, SAS Institute, Inc., SAP SE, Tableau Software, Inc., Microstrategy Incorporated, Teradata Corporation, Oracle Corporation, Adobe Systems Incorporated, Qlik Technologies, Inc |
This chapter will help you gain GLOBAL Market Analysis of Business Analytics. Further deep in this chapter, you will be able to review Global Business Analytics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Business Analytics. Further deep in this chapter, you will be able to review North America Business Analytics Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Business Analytics. Further deep in this chapter, you will be able to review Europe Business Analytics Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Business Analytics. Further deep in this chapter, you will be able to review Asia Pacific Business Analytics Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Business Analytics. Further deep in this chapter, you will be able to review South America Business Analytics Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Business Analytics. Further deep in this chapter, you will be able to review Middle East and Africa Business Analytics Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Business Analytics. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Software Analysis 2019 -2031, will provide market size split by Software. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Software Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Deployment Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End User Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Industry Vertical Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Business Analytics market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Query have a significant impact on Business Analytics market? |
What are the key factors affecting the Query and Reporting of Business Analytics Market? |
What is the CAGR/Growth Rate of Cloud during the forecast period? |
By type, which segment accounted for largest share of the global Business Analytics Market? |
Which region is expected to dominate the global Business Analytics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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