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Insights-as-a-Service - Global Market Trajectory & Analytics

  • ID: 4805473
  • Report
  • April 2021
  • Region: Global
  • 146 pages
  • Global Industry Analysts, Inc
Global Insights-as-a-Service Market to Reach $5.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Insights-as-a-Service estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$5.1 Billion by 2027, growing at a CAGR of 16.6% over the analysis period 2020-2027. Descriptive Insights, one of the segments analyzed in the report, is projected to record a 14.3% CAGR and reach US$737.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Predictive Insights segment is readjusted to a revised 18% CAGR for the next 7-year period.



The U.S. Market is Estimated at $510.8 Million, While China is Forecast to Grow at 16.1% CAGR

The Insights-as-a-Service market in the U.S. is estimated at US$510.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$884.9 Million by the year 2027 trailing a CAGR of 16.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.6% and 14.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR.

Prescriptive Insights Segment to Record 15.7% CAGR

In the global Prescriptive Insights segment, USA, Canada, Japan, China and Europe will drive the 15.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$511.2 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$617.5 Million by the year 2027.

Select Competitors (Total 46 Featured):
  • Accenture PLC
  • Capgemini France
  • Dell EMC
  • Deloitte Touche Tohmatsu Ltd.
  • Good Data Corporation
  • IBM Corporation
  • NTT DATA Corporation
  • Oracle Corporation
  • SmartFocus UK Ltd.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Growing Dependence on Data and Need for Proper Action Plan Drives Demand for Insights-as-a-Service Market
  • Prescriptive Insights Dominates Insights-as-a-Service Market
  • Impact of Covid-19 and a Looming Global Recession
  • Increasing Competition in BFSI Sector: Business Case for Insights-as-a-Service
  • Demand for Insights-as-a-Service from Consumer Goods & Retail Sectors Propels Growth
  • Rising Need for Customer Management and Proper Corporate Planning Propels Growth for Insights-as-a-Service
  • Double-Digit Growth in the Demand for IoT Boosts Insights-as-a-Service Market
  • Exhibit 1: Global Internet of Things (IoT) Market: Revenues in US$ Billion by Region for the Years 2019, 2023 and 2025
  • Insights-as-a-Service Witnesses Huge Demand in Various Sectors amidst Faster Growth of Big Data
  • Exhibit 2: Global Big Data Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Specialized Insights-As-A-Service Vendors: Meeting the Rapid Pace of Data Digitalization
  • Challenges
  • Data Security Poses Greater Risk in Insights-as-a-Service Market
  • Accurate Data Integration: Another Major Challenge for Insights-as-a-Service
  • Need for Highly Skilled Professionals for Data Management: A Major Restraint
  • Product Overview
  • Insights-as-a-Service: Definition
  • Importance of the Service
  • Advantages of Insights-as-a-Service
  • Prerequisites for Efficient Use of Insights-as-a-Services
  • Insights-as-a-Service by Type
  • Predictive Insights
  • Prescriptive Insights
  • Descriptive Insights
  • Table 1: World Current & Future Analysis for Insights-as-a-Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Insights-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Descriptive Insights by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Descriptive Insights by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Predictive Insights by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Predictive Insights by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Prescriptive Insights by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Prescriptive Insights by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for Retail & Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Retail & Consumer Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • Active Players in United States
  • Table 15: USA Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 16: USA 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 17: USA Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 18: USA 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Canada
  • Table 19: Canada Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 20: Canada 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 21: Canada Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 22: Canada 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Japan
  • Table 23: Japan Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 24: Japan 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 25: Japan Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in China
  • Table 27: China Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 28: China 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 29: China Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 30: China 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Table 31: Europe Current & Future Analysis for Insights-as-a-Service by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 32: Europe 7-Year Perspective for Insights-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 33: Europe Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 34: Europe 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 35: Europe Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 36: Europe 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in France
  • Table 37: France Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: France 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 39: France Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 40: France 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Germany
  • Table 41: Germany Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 42: Germany 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 43: Germany Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 44: Germany 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Italy
  • Table 45: Italy Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 46: Italy 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 47: Italy Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 48: Italy 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in United Kingdom
  • Table 49: UK Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 50: UK 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 51: UK Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 52: UK 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Rest of Europe
  • Table 53: Rest of Europe Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 54: Rest of Europe 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 55: Rest of Europe Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of Europe 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Asia-Pacific
  • Table 57: Asia-Pacific Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 58: Asia-Pacific 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 59: Asia-Pacific Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 60: Asia-Pacific 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
  • Active Players in Rest of World
  • Table 61: Rest of World Current & Future Analysis for Insights-as-a-Service by Type - Descriptive Insights, Predictive Insights and Prescriptive Insights - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 62: Rest of World 7-Year Perspective for Insights-as-a-Service by Type - Percentage Breakdown of Value Sales for Descriptive Insights, Predictive Insights and Prescriptive Insights for the Years 2020 & 2027
  • Table 63: Rest of World Current & Future Analysis for Insights-as-a-Service by Vertical - BFSI, Retail & Consumer Goods and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 64: Rest of World 7-Year Perspective for Insights-as-a-Service by Vertical - Percentage Breakdown of Value Sales for BFSI, Retail & Consumer Goods and Other Verticals for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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