Overview and Scope
Embedded analytics is a set of capabilities that are tightly embedded into existing programs to provide additional awareness, context, or analytic capability to aid decision-making.It is used to solve high-value business challenges and work more effectively using relevant data and analytics.
Sizing and Forecast
The embedded analytics market size has grown rapidly in recent years. It will grow from $62.46 billion in 2023 to $71.03 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to integration of analytics into business applications, growing need for real-time data insights, rise of self-service business intelligence, increased emphasis on data-driven decision making, adoption of embedded, analytics in customer relationship management (crm) systems.
The embedded analytics market size is expected to see rapid growth in the next few years. It will grow to $127.16 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to expansion of embedded analytics in internet of things (iot) applications, growing demand for predictive and prescriptive analytics in applications, integration of embedded analytics in cloud-based platforms, adoption of embedded analytics for industry-specific solutions. Major trends in the forecast period include development of natural language processing (nlp) in embedded analytics, emphasis on data security and compliance in embedded analytics, integration of real-time streaming analytics in embedded solutions, use of embedded analytics in mobile and edge computing, focus on collaborative and social analytics in embedded systems.
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Segmentation & Regional Insights
The embedded analytics market covered in this report is segmented –
1) By Solution: Software, Services
2) By Deployment Mode: On-Premise, Cloud-Based
3) By Organistion Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Finance, HR, IT, Marketing And Sales, Production, Other Applications
5) By End-User Vertical: Telecommunications And IT, Retail, Healthcare, Manufacturing, Other Verticles
Top Major Players
MicroStrategy Incorporated
TIBCO Software Inc.
Tableau Software LLC
SAS Institute Inc.
Oracle Corporation
North America was the largest region in the embedded analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the embedded analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
High demand from data-driven organisations is expected to propel the embedded analytics market. A data-driven organisation collects, monitors, and analyses the raw data for the decision-making process. The increasing variations and complexity in data sets are increasing demand for embedded analytics to help employees in decision making, beat their competition, and help customers gain insights. For instance, in May 2021, Accenture plc, an Irish American professional services company published an article that said 7 out of 10 enterprises in 2021, are data-driven and it is expected that data-driven enterprises will experience an annual growth of over 30%. 87% of all employees believe in the value of data. Therefore, high demand from data-driven organizations will contribute to the embedded analytics market growth.
Key Industry Players
Major companies operating in the embedded analytics market report are MicroStrategy Incorporated, TIBCO Software Inc., Tableau Software LLC, SAS Institute Inc., Oracle Corporation, The International Business Machines Corporation, Microsoft Corporation, Infor Inc., SAP SE, Yellowfin International Pty. Ltd., Sisense Inc., Information Builders Inc., OpenText Corporation, QlikTech International AB, GoodData, Zoho Analytics, Logi Analytics Inc., OpenText Corp., Izenda Inc., Vertica Systems Inc., WNS Global Services SA Pty. Ltd., Exago, Inc., Looker Data Sciences Inc., Phocas Software, Dundas Data Visualization Inc., InetSoft Technology Corp., Pyramid Analytics, Anaplan Inc., Cloudera Inc., Dataiku Inc.
The embedded analytics market report table of contents includes:
1. Executive Summary
2. Embedded Analytics Market Characteristics
3. Embedded Analytics Market Trends And Strategies
4. Embedded Analytics Market - Macro Economic Scenario
5. Global Embedded Analytics Market Size and Growth
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31. Global Embedded Analytics Market Competitive Benchmarking
32. Global Embedded Analytics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Embedded Analytics Market
34. Embedded Analytics Market Future Outlook and Potential Analysis
35. Appendix
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COVID-19 Impact Analysis on Embedded Analytics Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the embedded analytics market include Microsoft Corporation, IBM, SAP SE, SAS Institute, Oracle Corporation, MicroStrategy Incorporated, Tableau Software, TIBCO Software, Birst, Logi Analytics, QlikTech International, Sisense, Information Builders, OpenText, Yellowfin International.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Embedded Analytics Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/embedded-analytics-market/download-sampleMarket DynamicsThe major factor influencing the growth of the market is the rise of data-driven organizations, higher adoption of self-service analytics, and increasing demand to integrate analytics into business applications.
These components are expected to positively affect the embedded analytics market and accordingly, driving the market.
Increasingly adoption of mobile bi and cloud computing platform within the SMEs presents a potential opportunity for the market.
The global Embedded Analytics Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the embedded analytics market include Microsoft Corporation, IBM, SAP SE, SAS Institute, Oracle Corporation, MicroStrategy Incorporated, Tableau Software, TIBCO Software, Birst, Logi Analytics, QlikTech International, Sisense, Information Builders, OpenText, Yellowfin International.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Embedded Analytics Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/embedded-analytics-market/download-sampleMarket DynamicsThe major factor influencing the growth of the market is the rise of data-driven organizations, higher adoption of self-service analytics, and increasing demand to integrate analytics into business applications.
These components are expected to positively affect the embedded analytics market and accordingly, driving the market.
Increasingly adoption of mobile bi and cloud computing platform within the SMEs presents a potential opportunity for the market.
Global Embedded Analytics Market OverviewIn its research report, Market Research Future (MRFR), highlights that the global Embedded Analytics Market 2020 is expected to grow exponentially, securing a substantial market valuation of USD 52 billion by 2023, and a healthy 14% CAGR over the review period.
Embedded analytics is increasingly being adopted across various vertical industries such as telecommunications, energy transportation, manufacturing, healthcare life science, media entertainment, and others that generate high demand for the market for embedded analytics.Embedded Analytics Market Competitive AnalysisThe major market players operating in the global market as identified by MRFR are Microsoft Corporation (U.S.), IBM (U.S.), SAP SE (Germany), SAS Institute (U.S.), Oracle Corporation (U.S.), MicroStrategy Incorporated (U.S.), Tableau Software (U.S.), TIBCO Software (U.S.), Birst (U.S.), Logi Analytics (U.S.), among others.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/4339Drivers and RestraintsThe key drivers of the embedded analytics market are increasing enterprise data volume, the use of self-analytics techniques and the increased adoption of modern analytics techniques that are fueling the market.
The major drivers contributing to the growth of managed services are an increase in digital information, the need to secure it, an growing trend in bringing your own devices, flexibility to meet custom requirements, a continuous increase in dependence on heterogeneous networks, and a continuous increase in the complexity of technological solutions.Other factors of the global embedded analytics market are development in a number of data-driven organizations, deep penetration of internet and smart devices and rising adoption of cloud technology.
Additionally, the cost benefit that embedded analytics provides compared to the traditional analytical solution additionally fosters the growth of the global market for embedded analytics.But the global market for embedded analytics could encounter few hurdles on its growth trajectory.
The ever-changing IT environment has raised problems of integration of embedded analytics seamlessly.
Data security and privacy issues still continue to be key constraints to the growth of the global embedded analytics industry.
Embedded Analytics Market Overview: This analysis of the Global Embedded Analytics Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics.
The report on Embedded Analytics Market also gives the market players and fresh contenders a holistic view of the global market landscape.
The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals.The Embedded Analytics industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades.
Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the Embedded Analytics sector.
This report has evaluated all the above-mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.Market Size – USD 30.87 Billion in 2018, Market Growth - CAGR of 13.7%, Market Trends-The emergence of IoT and Augmented Analytics.This report covers the recent COVID-19 incidence and its impact on Embedded Analytics Market.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.We provide you a thoroughly inspected Competitive Analysis against the global landscape by looking at our Sample Report: @ https://www.reportsanddata.com/sample-enquiry-form/2299Key Players: IBM Corporation, Birst, Inc., Logi Analytics, Information Builders, Microstrategy Inc., Microsoft Corporation, Opentext Corporation, SAP SE, Qlik Technologies, Inc., and TIBCOSegmentations –Deployment Outlook (Revenue, USD Million; 2016-2026)On-PremiseCloudComponent Outlook (Revenue, USD Million; 2016-2026)SoftwareServicesApplication Outlook (Revenue, USD Million; 2016-2026)BFSIHealthcareIT & TelecommunicationsRetail and Consumer goodsOthers Regional Embedded Analytics Market (Regional Output, Demand & Forecast by Countries):- North America (United States, Canada, Mexico)South America (Brazil, Argentina, Ecuador, Chile)Asia Pacific (China, Japan, India, Korea)Europe (Germany, UK, France, Italy)Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
