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Global Analytics as a Service Market (2021-2026) by Component, Deployment Mode, Organization Size, Industry Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5503477
  • Report
  • October 2021
  • Region: Global
  • 186 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Accenture
  • AWS
  • Domo
  • Hitachi Vantara
  • Microsoft
  • Qilk
The Global Analytics as a Service Market is estimated to be USD 11.2 Bn in 2021 and is expected to reach USD 50.59 Bn by 2026, growing at a CAGR of 35.2%.



Market Dynamics

Analytics-as-a-Service (AaaS) provides subscription-based data analytics software and procedures through the cloud. It typically offers a fully customizable BI solution with end-to-end capabilities, organizing, analyzing, and presenting data in a way that lets even non-IT professionals gain insight and take action. Factors like the increase in adoption of social media applications, increasing demand for dashboards for data visualizations, enterprise’s need to adopt advanced analytical capabilities, and cost-effectiveness of AaaS are some of the driving factors for the market. However, data security & privacy issues and lack of analytical skills are some of the restraining factors for the market.

Increased usage of machine-generated data & increasing demand for IoT devices is some of the opportunities for the growth of the market. Though resiliency, cloud availability and information life cycle management, and lack of skilled personnel are the challenges for the market.

Market Segmentation


The Global Analytics as a Service Market is segmented further based on Component, Deployment Mode, Organization Size, Industry Vertical, and Geography.

By Component, the market is classified into Solutions and Services. The solutions segment is further sub-segmented into Financial Analytics, Risk Analytics, Marketing Analytics, Marketing Analytics, Web Analytics, Supply Chain Analytics, Security Analytics, IT Operations Analytics, and Other segments. Services Segment is also sub-segmented into Managed Services and Professional Services. Amongst all segments, the Marketing Analytics in Solution segment is expected to grow at the highest CAGR.

By Deployment Mode, the market is classified into Public Cloud, Private Cloud, and Hybrid Cloud. Amongst them, the Public Cloud is estimated to have the maximum market share.

By Organization Size, the market is classified as Small & Medium-Sized Enterprises and Large Enterprises. The Small & Medium-Sized segment is expected to grow at the highest CAGR.

By Industry Vertical, the market is classified into BFSI, Retail & e-commerce, telecommunications & IT, Healthcare & Life sciences, Manufacturing, Government and Defence, Media & Entertainment, and other industry verticals. Amongst all, the BFSI segment is expected to contribute the highest growth.

By Geography, North America is projected to lead the market.

Recent Developments

1. Tanium selects Oracle Cloud as a partner for its as-a-service offering - Apr 29, 2021
2. Walt Disney Company confirms AWS as preferred cloud partner for Disney+ streaming service - Apr 21, 2021
3. Twitter will bring data analytics tasks to Google Cloud - Feb 8, 2021
4. As Google plans to pull its services from Australia, Microsoft is in talks to expand Bing in the country - Feb 1, 2021

Company Profiles

Some of the companies covered in this report are Microsoft, Google, AWS, Oracle, IBM, SAP, Teradata, Salesforce, Dell, SAS Institue, Sisense, Atos, etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Analytics as a Service Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Analytics as a Service Market

What is the estimated value of the Global Analytics as a Service Market?

The Global Analytics as a Service Market was estimated to be valued at $11200.0 Million in 2021.

What is the growth rate of the Global Analytics as a Service Market?

The growth rate of the Global Analytics as a Service Market is 35.2%, with an estimated value of $50590.0 Million by 2026.

What is the forecasted size of the Global Analytics as a Service Market?

The Global Analytics as a Service Market is estimated to be worth $50590.0 Million by 2026.

Who are the key companies in the Global Analytics as a Service Market?

Key companies in the Global Analytics as a Service Market include Microsoft, Google, AWS, Oracle, Accenture, IBM, SAP, Teradata and Dell.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture
  • AWS
  • Domo
  • Hitachi Vantara
  • Microsoft
  • Qilk

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increase in Adoption of Social Media Applications
4.1.2 Increasing Demand for Dashboards for Data Visualization to Enhance Business Decision Making Ability
4.1.3 Need to Adopt Advanced Analytical Capabilities with Minimal Infrastructure for Enterprises
4.1.4 Cost-Effectiveness Offered by Aaas Solution
4.2 Restraints
4.2.1 Data Security & Privacy Issues
4.2.2 Lack of Analytical Skills
4.3 Opportunities
4.3.1 Increased Usage of Machine Generated Data
4.3.2 Increasing Demand for IoT Devices
4.4 Challenges
4.4.1 Resiliency, Cloud Availability, and Information Lifecycle Management
4.4.2 Lack of skilled Personnel
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Analytics as a Service Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Financial Analytics
6.2.1.1 Assets and Liability Management
6.2.1.2 Budgetary Control Management
6.2.1.3 General Ledger Management
6.2.1.4 Payables and Receivables Management
6.2.1.5 Profitability Management
6.2.2 Risk Analytics
6.2.2.1 Credit and Market Risk Management
6.2.2.2 Cyber Risk Management
6.2.2.3 Operational Risk Management
6.2.3 Marketing Analytics
6.2.3.1 Marketing Campaign Monitoring
6.2.3.2 Predictive Modelling
6.2.3.3 Yield Management
6.2.3.4 Product or Service Development Strategies
6.2.4 Web & Social Media Analytics
6.2.4.1 Performance Monitoring
6.2.4.2 Search Engine Optimization
6.2.4.3 Social Media Management
6.2.5 Supply Chain Analytics
6.2.5.1 Distribution and Logistics Optimization
6.2.5.2 Inventory Optimization
6.2.5.3 Sales and Operations Planning
6.2.5.4 Manufacturing Analysis
6.2.6 Security Analytics
6.2.7 IT Operations Analytics
6.2.8 Others
6.3 Services
6.3.1 Managed Services
6.3.2 Professional Services
6.3.2.1 Consulting
6.3.2.2 Support & Maintenance
7 Global Analytics as a Service Market, By Organization size
7.1 Introduction
7.2 Small & Medium-Sized Enterprises
7.3 Large Enterprises
8 Global Analytics as a Service Market, By Deployment Mode
8.1 Introduction
8.2 Public Cloud
8.3 Private Cloud
8.4 Hybrid Cloud
9 Global Analytics as a Service Market, By Industry vertical
9.1 Introduction
9.2 Banking, Financial Service & Insurance
9.3 Retail & Commerce
9.4 Telecommunication & IT
9.5 Healthcare & Life sciences
9.6 Manufacturing
9.7 Government & Defence
9.8 Media & entertainment
9.9 Others
10 Global Analytics as a Service Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 South America
10.3.1 Brazil
10.3.2 Argentina
10.3.3 Chile
10.3.4 Colombia
10.4 Europe
10.4.1 UK
10.4.2 France
10.4.3 Germany
10.4.4 Italy
10.4.5 Spain
10.4.6 Netherlands
10.4.7 Sweden
10.4.8 Russia
10.4.9 Rest of Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Indonesia
10.5.5 Malaysia
10.5.6 South Korea
10.5.7 Australia
10.5.8 Sri Lanka
10.5.9 Thailand
10.5.10 Rest of APAC
10.6 Middle-East and Africa
10.6.1 Qatar
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 United Arab Emirates
11 Competitive Landscape
11.1 IGR Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Microsoft
12.2 Google
12.3 AWS
12.4 Oracle
12.5 Accenture
12.6 IBM
12.7 SAP
12.8 Teradata
12.9 Salesforce
12.10 Dell
12.11 SAS Institute
12.12 Sisense
12.13 Atos
12.14 HPE
12.15 Hitachi Vantara
12.16 Cloudera
12.17 MicroStrategy
12.18 ThoughtSpot
12.19 Qilk
12.20 Domo
12.21 GoodData
12.22 Alteryx
13 Appendix
13.1 Questionnaire
Note: Product cover images may vary from those shown
  • Microsoft
  • Google
  • AWS
  • Oracle
  • Accenture
  • IBM
  • SAP
  • Teradata
  • Salesforce
  • Dell
  • SAS Institute
  • Sisense
  • Atos
  • HPE
  • Hitachi Vantara
  • Cloudera
  • MicroStrategy
  • ThoughtSpot
  • Qilk
  • Domo
  • GoodData
  • Alteryx
Note: Product cover images may vary from those shown