Data Analytics Outsourcing - Global Strategic Business Report

The global market for Data Analytics Outsourcing was estimated at US$9.7 Billion in 2024 and is projected to reach US$26.7 Billion by 2030, growing at a CAGR of 18.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Data Analytics Outsourcing market.

Global Data Analytics Outsourcing Market - Key Trends & Drivers Summarized

What is Driving the Surge in Data Analytics Outsourcing?

In recent years, the data analytics outsourcing market has seen significant growth as businesses across various sectors recognize the value of leveraging external expertise to analyze complex data. With the rapid expansion of data generation from digital platforms, social media, IoT devices, and other sources, companies are overwhelmed by the sheer volume and complexity of data. Outsourcing data analytics helps businesses navigate this data deluge, offering specialized skills, cutting-edge technologies, and cost efficiencies that are often unattainable internally. Additionally, the demand for actionable insights to drive strategic decision-making is propelling organizations to seek external partners who can deliver high-quality data analysis swiftly and accurately.

How are Technological Advancements Shaping the Market?

Technological advancements are playing a pivotal role in shaping the data analytics outsourcing market. The integration of artificial intelligence (AI), machine learning (ML), and advanced analytics tools has revolutionized the way data is processed and interpreted. These technologies enable the automation of complex data analysis tasks, enhancing accuracy and efficiency. Furthermore, cloud computing has democratized access to powerful analytics platforms, allowing businesses of all sizes to benefit from outsourced analytics services. The ability to handle large datasets, perform real-time analysis, and provide predictive insights through advanced technologies has made outsourcing an attractive option for companies aiming to stay competitive in a data-driven world.

Why are Businesses Turning to Data Analytics Outsourcing?

Businesses are increasingly turning to data analytics outsourcing to gain a competitive edge and drive innovation. By partnering with specialized analytics firms, companies can access a broader pool of expertise and experience than they might have in-house. This not only helps in uncovering hidden patterns and trends in data but also provides fresh perspectives and innovative solutions to business challenges. Moreover, outsourcing allows businesses to focus on their core competencies while leaving the complexities of data analysis to the experts. This strategic move not only optimizes resource allocation but also accelerates time-to-insight, enabling quicker response to market changes and customer needs.

What Factors are Driving Growth in the Market?

The growth in the data analytics outsourcing market is driven by several factors. One of the primary drivers is the exponential increase in data generation across industries, necessitating advanced analytics capabilities that many organizations lack internally. Additionally, the rising adoption of AI and ML technologies enhances the value proposition of outsourced analytics by offering sophisticated, scalable solutions. The increasing need for regulatory compliance and risk management also compels businesses to seek specialized analytics services to ensure accuracy and reliability in their data processes. Moreover, the trend towards digital transformation and the need for real-time business intelligence are further fueling the demand for data analytics outsourcing. As companies strive to harness data for strategic advantage, the market is poised for continued expansion, driven by these compelling factors.

SCOPE OF STUDY:

The report analyzes the Data Analytics Outsourcing market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Type (Descriptive, Predictive, Prescriptive); End-Use (BFSI, Healthcare, Telecom, Retail, Media & Entertainment, Other End-Uses); Application (Marketing Analytics, Sales Analytics, Finance & Risk Analytics, Supply Chain Analytics, Other Applications)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the BFSI segment, which is expected to reach US$11.8 Billion by 2030 with a CAGR of a 20.8%. The Healthcare segment is also set to grow at 18.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $2.8 Billion in 2024, and China, forecasted to grow at an impressive 17.7% CAGR to reach $4.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Data Analytics Outsourcing Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Data Analytics Outsourcing Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Data Analytics Outsourcing Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Accenture, Capgemini SE, Fractal Analytics Inc., Genpact Ltd., IBM Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 13 companies featured in this Data Analytics Outsourcing market report include:

• Accenture
• Capgemini SE
• Fractal Analytics Inc.
• Genpact Ltd.
• IBM Corporation
• Mu Sigma Inc.
• Opera Solutions LLC
• Tata Consultancy Services Ltd.
• Wipro Ltd.
• ZS Associates, Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.