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Business Analytics Market - Global Industry Analysis

Business Analytics Market By Software (Advanced and Predictive Analytics, Business Intelligence, Corporate Performance Management Suites, Content Analytics, Data Discovery and Visualization Software, and Others), By Service (Managed and Professional), By Deployment Type (On-Demand and On-Premises), and By Application (BFSI, Energy and Power, Education, Healthcare, Retail, Manufacturing, Media and Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 06-Aug-2019 Category: Technology & Media Report Format : PDF Pages: 174 Report Code: ZMR-1092 Status : Published

Global business analytics market expected to reach approximately USD 97.3 billion by 2025, at a CAGR of around 6.4% between 2019 and 2025. The increasing investments for business and the fear of failing due to lack of financial strategy are key driving factors of the business analytics market globally.

Description

The report analyzes and forecasts about the business analytics market on a global and regional level. The study offers past data from 2016 to 2018 and a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of business analytics market dynamics gives a brief thought about the market drivers and restraints along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the business analytics market on a global level.

The report gives a transparent view of the business analytics market. We have included a detailed competitive scenario and portfolio of the leading vendors operating in the business analytics market. To understand the competitive landscape in the business analytics market, an analysis of Porter’s Five Forces model for the business analytics market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Business Analytics Market

The study provides a crucial view of the business analytics market by segmenting it based on software, service, deployment, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.

Some noticeable players of the global business analytics market are IBM, Microsoft, Oracle, SAP, SAS Institute, Tableau, MicroStrategy, Qlik, TIBCO Software, Information Builders, Yellowfin, Pentaho, Panorama, and Sisense.

This report segments the global business analytics market into:

Global Business Analytics Market: By Software

  • Advanced and Predictive Analytics
  • Business Intelligence
  • Corporate Performance Management Suites
  • Content Analytics
  • Data Discovery and Visualization Software
  • Others

Global Business Analytics Market: By Service

  • Managed Services
  • Professional Services

Global Business Analytics Market: By Deployment Type

  • On-Premises
  • On-Cloud

Global Business Analytics Market: By Application

  • BFSI
  • Energy and Power
  • Education
  • Healthcare
  • Retail
  • Manufacturing
  • Media and Entertainment
  • Others

Global Business Analytics Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  • Chapter 2. Executive Summary
    • 2.1. Global Business Analytics Market, 2016-2025 (USD Billion)
    • 2.2. Business Analytics Market: Snapshot
  • Chapter 3. Global Business Analytics Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
        • 3.4.3.1. Early Implementation of Business Intelligence
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. Lack of Skilled Workers
    • 3.6. Opportunity
      • 3.6.1. Adoption of IoT & Artificial Intelligence (AI)
    • 3.7. Innovation & sustainability
    • 3.8. Porter's Five Forces Analysis
    • 3.9. PESTLE Analysis
    • 3.10. Business Analytics Market: Market Attractiveness Analysis
      • 3.10.1. Market Attractiveness Analysis by Software
      • 3.10.2. Market Attractiveness Analysis by Service
      • 3.10.3. Market Attractiveness Analysis by Deployment Type
      • 3.10.4. Market Attractiveness Analysis by Application
      • 3.10.5. Market Attractiveness Analysis by Region
  • Chapter 4. Global Business Analytics Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
  • Chapter 5. Business Analytics Market - Software Analysis
    • 5.1. Global Business Analytics Market Share, by Software, 2018 and 2025
    • 5.2. Global Business Analytics Market by Advanced and Predictive Analytics, 2016-2025 (USD Billion)
    • 5.3. Global Business Analytics Market by Business Intelligence, 2016-2025 (USD Billion)
    • 5.4. Global Business Analytics Market by Corporate Performance Management Suites, 2016-2025 (USD Billion)
    • 5.5. Global Business Analytics Market by Content Analytics, 2016-2025 (USD Billion)
    • 5.6. Global Business Analytics Market by Data Discovery and Visualization Software, 2016-2025 (USD Billion)
    • 5.7. Global Business Analytics Market by Others, 2016-2025 (USD Billion)
  • Chapter 6. Business Analytics Market - Service Analysis
    • 6.1. Global Business Analytics Market Share, by Service, 2018 and 2025
    • 6.2. Global Business Analytics Market by Managed Services, 2016-2025 (USD Billion)
    • 6.3. Global Business Analytics Market by Professional Services, 2016-2025 (USD Billion)
  • Chapter 7. Business Analytics Market - Deployment Analysis
    • 7.1. Global Business Analytics Market Share, By Deployment Type, 2018 and 2025
    • 7.2. Global Business Analytics Market On-Demand, 2016-2025 (USD Billion)
    • 7.3. Global Business Analytics Market On-Premises, 2016-2025 (USD Billion)
  • Chapter 8. Business Analytics Market - Application Analysis
    • 8.1. Global Business Analytics Market Share, by Application, 2018 and 2025
    • 8.2. Global Business Analytics Market by BFSI, 2016-2025 (USD Billion)
    • 8.3. Global Business Analytics Market by Energy and Power, 2016-2025 (USD Billion)
    • 8.4. Global Business Analytics Market by Education, 2016-2025 (USD Billion)
    • 8.5. Global Business Analytics Market by Healthcare, 2016-2025 (USD Billion)
    • 8.6. Global Business Analytics Market by Retail, 2016-2025 (USD Billion)
    • 8.7. Global Business Analytics Market by Manufacturing, 2016-2025 (USD Billion)
    • 8.8. Global Business Analytics Market by Media & Entertainment, 2016-2025 (USD Billion)
    • 8.9. Global Business Analytics Market by Others, 2016-2025 (USD Billion)
  • Chapter 9. Business Analytics Market - Regional Analysis
    • 9.1. Global Business Analytics Market: Regional Overview
      • 9.1.1. Global Business Analytics Market Share, By Region, 2018 and 2025
    • 9.2. North America
      • 9.2.1. North America Business Analytics Market Revenue, 2016-2025 (USD Billion)
      • 9.2.2. North America Business Analytics Market Revenue, By Software, 2016-2025 (USD Billion)
      • 9.2.3. North America Business Analytics Market Revenue, By Service, 2016-2025 (USD Billion)
      • 9.2.4. North America Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
      • 9.2.5. North America Business Analytics Market Revenue, By Application, 2016-2025 (USD Billion)
      • 9.2.6. The U.S.
        • 9.2.6.1. The U.S. Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.2.6.2. The U.S. Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.2.6.3. The U.S. Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.2.6.4. The U.S. Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.7. Canada
        • 9.2.7.1. Canada Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.2.7.2. Canada Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.2.7.3. Canada Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.2.7.4. Canada Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe Business Analytics Market Revenue, 2016-2025 (USD Billion)
      • 9.3.2. Europe Business Analytics Market Revenue, By Software, 2016-2025 (USD Billion)
      • 9.3.3. Europe Business Analytics Market Revenue, By Services, 2016-2025 (USD Billion)
      • 9.3.4. Europe Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
      • 9.3.5. Europe Business Analytics Market Revenue, By Application, 2016-2025 (USD Billion)
      • 9.3.6. UK
        • 9.3.6.1. UK Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.3.6.2. UK Business Analytics Market Revenue, by Services, 2016-2025 (USD Billion)
        • 9.3.6.3. UK Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.3.6.4. UK Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.7. France
        • 9.3.7.1. France Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.3.7.2. France Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.7.3. France Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.3.7.4. France Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.8. Germany
        • 9.3.8.1. Germany Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.3.8.2. Germany Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.8.3. Germany Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.3.8.4. Germany Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.9. Rest of Europe
        • 9.3.9.1. Rest of Europe Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.3.9.2. Rest of Europe Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.3.9.3. Rest of Europe Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.3.9.4. Rest of Europe Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Business Analytics Market Revenue, 2016-2025 (USD Billion)
      • 9.4.2. Asia Pacific Business Analytics Market Revenue, By Software, 2016-2025 (USD Billion)
      • 9.4.3. Asia Pacific Business Analytics Market Revenue, By Service, 2016-2025 (USD Billion)
      • 9.4.4. Asia Pacific Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
      • 9.4.5. Asia Pacific Business Analytics Market Revenue, By Application, 2016-2025 (USD Billion)
      • 9.4.6. China
        • 9.4.6.1. China Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.4.6.2. China Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.6.3. China Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.4.6.4. China Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.7. Japan
        • 9.4.7.1. Japan Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.4.7.2. Japan Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.7.3. Japan Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.4.7.4. Japan Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.8. India
        • 9.4.8.1. India Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.4.8.2. India Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.8.3. India Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.4.8.4. India Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.9. Rest of Asia Pacific
        • 9.4.9.1. Rest of Asia Pacific Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.4.9.2. Rest of Asia Pacific Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.4.9.3. Rest of Asia Pacific Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.4.9.4. Rest of Asia Pacific Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Business Analytics Market Revenue, 2016-2025 (USD Billion)
      • 9.5.2. Latin America Business Analytics Market Revenue, By Software, 2016-2025 (USD Billion)
      • 9.5.3. Latin America Business Analytics Market Revenue, By Service, 2016-2025 (USD Billion)
      • 9.5.4. Latin America Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
      • 9.5.5. Latin America Business Analytics Market Revenue, By Application, 2016-2025 (USD Billion)
      • 9.5.6. Brazil
        • 9.5.6.1. Brazil Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.5.6.2. Brazil Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.5.6.3. Brazil Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.5.6.4. Brazil Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.7. Rest of Latin America
        • 9.5.7.1. Rest of Latin America Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
        • 9.5.7.2. Rest of Latin America Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
        • 9.5.7.3. Rest of Latin America Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
        • 9.5.7.4. Rest of Latin America Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Business Analytics Market Revenue, 2016-2025 (USD Billion)
      • 9.6.2. The Middle East and Africa Business Analytics Market Revenue, by Software, 2016-2025 (USD Billion)
      • 9.6.3. The Middle East and Africa Business Analytics Market Revenue, by Service, 2016-2025 (USD Billion)
      • 9.6.4. The Middle East and Africa Business Analytics Market Revenue, By Deployment Type, 2016-2025 (USD Billion)
      • 9.6.5. The Middle East and Africa Business Analytics Market Revenue, by Application, 2016-2025 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1. IBM
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
    • 10.2. Microsoft
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. Oracle
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. SAP
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. SAS Institute
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Tableau
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
    • 10.7. MicroStrategy
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
    • 10.8. Qlik
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
    • 10.9. TIBCO Software
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
    • 10.10. Information Builders
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments
    • 10.11. Yellowfin
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Product portfolio
      • 10.11.4. Business strategy
      • 10.11.5. Recent developments
    • 10.12. Pentaho
      • 10.12.1. Overview
      • 10.12.2. Financials
      • 10.12.3. Product portfolio
      • 10.12.4. Business strategy
      • 10.12.5. Recent developments
    • 10.13. Panorama
      • 10.13.1. Overview
      • 10.13.2. Financials
      • 10.13.3. Product portfolio
      • 10.13.4. Business strategy
      • 10.13.5. Recent developments
    • 10.14. Sisense
      • 10.14.1. Overview
      • 10.14.2. Financials
      • 10.14.3. Product portfolio
      • 10.14.4. Business strategy
      • 10.14.5. Recent developments

List of Figures

1. Global Business Analytics Market Segmentation by Software, Service, Deployment, Application, and Geography
2. Global Business Analytics Market, 2016–2025 (USD Billion)
3. Porter’s Five Forces Analysis
4. Global Business Analytics Market Attractiveness, by Software
5. Global Business Analytics Market Attractiveness, by Service
6. Global Business Analytics Market Attractiveness, by Deployment Type
7. Global Business Analytics Market Attractiveness, by Application
8. Global Business Analytics Market Attractiveness, by Region
9. Global Business Analytics Market Revenue Share, by Software, 2018 and 2025
10. Global Business Analytics Market by Advanced and Predictive Analytics, 2016–2025 (USD Billion)
11. Global Business Analytics Market by Business Intelligence, 2016–2025 (USD Billion)
12. Global Business Analytics Market by Corporate Performance Management Suites, 2016–2025 (USD Billion)
13. Global Business Analytics Market by Content Analytics, 2016–2025 (USD Billion)
14. Global Business Analytics Market by Data Discovery and Visualization Software, 2016–2025 (USD Billion)
15. Global Business Analytics Market by Others, 2016–2025 (USD Billion)
16. Global Business Analytics Market Revenue Share, by Service, 2018 and 2025
17. Global Business Analytics Market by Managed Services, 2016–2025 (USD Billion)
18. Global Business Analytics Market by Professional Services, 2016–2025 (USD Billion)
19. Global Business Analytics Market Revenue Share, by Deployment Type, 2018 and 2025
20. Global Business Analytics Market On-Demand, 2016–2025 (USD Billion)
21. Global Business Analytics Market On-Premises, 2016–2025 (USD Billion)
22. Global Business Analytics Market Revenue Share, by Application, 2018 and 2025
23. Global Business Analytics Market by BFSI, 2016–2025 (USD Billion)
24. Global Business Analytics Market by Energy and Power, 2016–2025 (USD Billion)
25. Global Business Analytics Market by Education, 2016–2025 (USD Billion)
26. Global Business Analytics Market by Healthcare, 2016–2025 (USD Billion)
27. Global Business Analytics Market by Retail, 2016–2025 (USD Billion)
28. Global Business Analytics Market by Manufacturing, 2016–2025 (USD Billion)
29. Global Business Analytics Market by Media and Entertainment, 2016–2025 (USD Billion)
30. Global Business Analytics Market by Others, 2016–2025 (USD Billion)
31. Global Business Analytics Market Revenue Share, by Region, 2018 and 2025
32. North America Business Analytics Market, 2016–2025 (USD Billion)
33. Europe Business Analytics Market, 2016–2025 (USD Billion)
34. Asia Pacific Business Analytics Market, 2016–2025 (USD Billion)
35. Latin America Business Analytics Market, 2016–2025 (USD Billion)
36. The Middle East and Africa Business Analytics Market, 2016–2025 (USD Billion)


List of Tables

1. Global Business Analytics Market snapshot
2. Drivers of the Business Analytics Market: Impact analysis
3. Restraints of the Business Analytics Market: Impact analysis
4. North America Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
5. North America Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
6. North America Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
7. North America Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
8. The U.S. Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
9. The U.S. Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
10. The U.S. Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
11. The U.S. Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
12. Canada Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
13. Canada Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
14. Canada Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
15. Canada Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
16. Europe Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
17. Europe Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
18. Europe Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
19. Europe Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
20. UK Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
21. UK Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
22. UK Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
23. UK Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
24. France Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
25. France Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
26. France Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
27. France Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
28. Germany Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
29. Germany Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
30. Germany Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
31. Germany Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
32. Rest of Europe Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
33. Rest of Europe Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
34. Rest of Europe Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
35. Rest of Europe Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
36. Asia Pacific Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
37. Asia Pacific Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
38. Asia Pacific Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
39. Asia Pacific Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
40. China Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
41. China Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
42. China Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
43. China Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
44. Japan Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
45. Japan Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
46. Japan Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
47. Japan Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
48. India Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
49. India Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
50. India Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
51. India Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
52. Rest of Asia Pacific Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
53. Rest of Asia Pacific Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
54. Rest of Asia Pacific Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
55. Rest of Asia Pacific Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
56. Latin America Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
57. Latin America Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
58. Latin America Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
59. Latin America Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
60. Brazil Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
61. Brazil Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
62. Brazil Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
63. Brazil Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
64. Rest of Latin America Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
65. Rest of Latin America Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
66. Rest of Latin America Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
67. Rest of Latin America Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)
68. The Middle East and Africa Business Analytics Market Revenue, By Software, 2016–2025 (USD Billion) 
69. The Middle East and Africa Business Analytics Market Revenue, By Service, 2016–2025 (USD Billion)
70. The Middle East and Africa Business Analytics Market Revenue, By Deployment Type, 2016–2025 (USD Billion)
71. The Middle East and Africa Business Analytics Market Revenue, By Application, 2016–2025 (USD Billion)

Methodology

Free Analysis

The term business analytics is a process of iterative exploration of an organization’s data using statistical methods. It is an optimum usage of skills, methods, and technologies to scrutinize the past performance of an organization and help in making better business decisions. Data is an asset for data-driven companies and it gives them a competitive advantage over the competitors. Therefore, business analytics is successful only when the decisions are taken by skilled analysts who understand technologies, business, and the quality of data provided. Moreover, business analytics solely depends on statistical analysis, explanatory and predictive modeling, and fact-based management. These analytics can either be used for human decision inputs or can be fully automated.

The business analytics market is likely to be driven by help organizations that make informed business decisions in a more organized way. This leads to a rise in the demand for business analytics by organizations due to growing data volumes, ever-changing business environment, and diverse customer preferences. Moreover, the growing demand for cloud-based business analytics software has made the organizations aware of their target customers and user experience enhancement options. However, the effective cost and hesitation in the implementation of business analytics and the lack of skilled workers with basic knowledge may limit the business analytics market globally.

Global Business Analytics Market

The global business analytics market is fragmented on the basis of software, service, deployment type, and application. On the basis of software, the predictive analytics market is estimated to grow rapidly, as it is related to data mining, statistical modeling, and various machine learning methods to mine and extract data. This is used by various organizations to predict product demand and invest accordingly. In terms of application, the BFSI sector is anticipated to grow notably in the future, due to the rising IT demand in financial transactions and increasing user data. Moreover, healthcare providers are implementing business analytics to make their systems cost-effective and discover new methods for the smooth functioning of operations. This sector also uses business analytics to track the pattern of various departments, which helps the department in optimum utilization of resources, such as nurses, staffing strategies, and shift timings.

North America is projected to hold the highest share of the global business analytics market over the forecast time period, owing to the rising regional implementation of business analytics. The region is also encouraging business analytics usage as the world is moving toward modern and enhanced technologies with ever-increasing customer data volumes. The use of business analytics has improved the response time of the healthcare sector. The Asia Pacific countries are showing significant growth in the region’s business analytics market by adopting innovative strategies in organizations, especially India, Japan, and China.

Some noticeable players of the global business analytics market are IBM, Microsoft, Oracle, SAP, SAS Institute, Tableau, MicroStrategy, Qlik, TIBCO Software, Information Builders, Yellowfin, Pentaho, Panorama, and Sisense.

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