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Global Big Data and Business Analytics Market (2022-2027) by Analytics Tools, Component, Deployment Mode, Application, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 175 Pages
  • May 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5635608

Big data analytics is the often complex process of examining big data to uncover information, such as hidden patterns, correlations, market trends and customer preferences, that can help organizations make informed business decisions

The Global Big Data and Business Analytics Market is estimated to be USD 265.02 Bn in 2022 and is expected to reach USD 498.3 Bn by 2027, growing at a CAGR of 13.46%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Big Data and Business Analytics Market is segmented based on Analytics Tools, Component, Deployment Mode, Application, End User, and Geography.
  • By Analytics Tools, the market is classified into Dashboard & Data Visualization, Data Mining & Warehousing, Reporting, and Self-Service Tools.
  • By Component, the market is classified into Services and Solutions.
  • By Deployment Mode, the market is classified into On-Cloud and On-Premise.
  • By Application, the market is classified into Customer Analytics, Marketing Analytics, Pricing Analytics, Risk & Credit Analytics, Spatial Analytics Supply Chain Analytics, Transportation Analytics, and Workforce Analytics.
  • By End User, the market is classified into Academia & Research, Aerospace & Defense, Automotive Logistics & Transportation, Banking Financial Services & Insurance, Energy & Utility, Government & Public Sector, Healthcare & Life Sciences, IT & Telecommunication, Manufacturing, Media & Entertainment.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Accenture, Acuvate, Amazon Web Services, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes 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.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Big Data and Business Analytics Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Big Data and Business Analytics Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Big Data and Business Analytics 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 forces model and the Ansoff Matrix. In addition, 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 the 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 Big Data and Business Analytics Market

What is the estimated value of the Global Big Data and Business Analytics Market?

The Global Big Data and Business Analytics Market was estimated to be valued at $265.02 Billion in 2022.

What is the growth rate of the Global Big Data and Business Analytics Market?

The growth rate of the Global Big Data and Business Analytics Market is 13.4%, with an estimated value of $498.3 Billion by 2027.

What is the forecasted size of the Global Big Data and Business Analytics Market?

The Global Big Data and Business Analytics Market is estimated to be worth $498.3 Billion by 2027.

Who are the key companies in the Global Big Data and Business Analytics Market?

Key companies in the Global Big Data and Business Analytics Market include Accenture, Acuvate, Amazon Web Services, Analytics8, AWARE GROUP, Elinext Group, FICO, Fujitsu, HPE Development LP and IBM.

Table of Contents

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 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, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Adoption of Big Data and Business Analytics by Organizations Due to Advance Mobility, Agile and Adaptable Platforms
4.1.2 Need to Analyze and Harness Vast Amount of Data to Make Data-Backed Decisions for The Daily Activities in Business
4.1.3 Rising Adoption of SMAC
4.2 Restraints
4.2.1 Dearth of Skilled Professionals and Complicated Associated with Reporting and Analyzing Multiple Systems
4.2.2 Inability to Find the Tool That Can Best Meet Organizations Need
4.3 Opportunities
4.3.1 Integration with AI Predictive Analytics and Robotic Process Automation
4.3.2 Adoption by Transportation and Supply Chain Management Industry
4.3.3 Integration with Emerging Social Media Analytics
4.4 Challenges
4.4.1 Concern Associated with The Security and Privacy of Data
4.4.2 High Cost of Implementation
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 Big Data and Business Analytics Market, By Analytics Tools
6.1 Introduction
6.2 Dashboard & Data Visualization
6.3 Data Mining & Warehousing
6.4 Reporting
6.5 Self-Service Tools
7 Global Big Data and Business Analytics Market, By Component
7.1 Introduction
7.2 Services
7.3 Solutions
8 Global Big Data and Business Analytics Market, By Deployment Mode
8.1 Introduction
8.2 On-Cloud
8.3 On-Premise
9 Global Big Data and Business Analytics Market, By Application
9.1 Introduction
9.2 Customer Analytics
9.3 Marketing Analytics
9.4 Pricing Analytics
9.5 Risk & Credit Analytics
9.6 Spatial Analytics
9.7 Supply Chain Analytics
9.8 Transportation Analytics
9.9 Workforce Analytics
10 Global Big Data and Business Analytics Market, By End User
10.1 Introduction
10.2 Academia & Research
10.3 Aerospace & Defense
10.4 Automotive, Logistics, & Transportation
10.5 Banking, Financial Services & Insurance
10.6 Energy & Utility
10.7 Government & Public Sector
10.8 Healthcare & Life Sciences
10.9 IT & Telecommunication
10.10 Manufacturing
10.11 Media & Entertainment
10.12 Consu
11 Americas Big Data and Business Analytics Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas
12 Europe’s Big Data and Business Analytics Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe
13 Middle East and Africa’s Big Data and Business Analytics Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA
14 APAC’s Big Data and Business Analytics Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific
15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements
16 Company Profiles
16.1 Accenture
16.2 Acuvate
16.3 Amazon Web Services
16.4 Analytics8
16.6 Elinext Group
16.7 FICO
16.8 Fujitsu
16.9 HPE Development LP
16.10 IBM
16.11 Micro Focus
16.12 Microsoft
16.13 Mindtree
16.14 Mu Sigma
16.15 NTT DATA
16.16 Oracle
16.17 Palantir Technologies
16.18 Plaxonic Technologies
16.19 SAP SE
16.20 SAS Institute
16.21 Teradata
16.22 ThoughtSpot
16.23 TIBCO Software
16.24 Wipro
17 Appendix
17.1 Questionnaire

Companies Mentioned

  • Accenture
  • Acuvate
  • Amazon Web Services
  • Analytics8
  • Elinext Group
  • FICO
  • Fujitsu
  • HPE Development LP
  • IBM
  • Micro Focus
  • Microsoft
  • Mindtree
  • Mu Sigma
  • Oracle
  • Palantir Technologies
  • Plaxonic Technologies
  • SAP SE
  • SAS Institute
  • Teradata
  • ThoughtSpot
  • TIBCO Software
  • Wipro