Canada Advanced Analytics Market Size & Outlook, 2021-2028

The advanced analytics market in Canada is expected to reach a projected revenue of US$ 8,010.1 million by 2028. A compound annual growth rate of 26.5% is expected of Canada advanced analytics market from 2022 to 2028.
Revenue, 2021 (US$M)
$1,547.9
Forecast, 2028 (US$M)
$8,010.1
CAGR, 2022 - 2028
26.5%
Report Coverage
Canada

Canada advanced analytics market highlights

  • The Canada advanced analytics market generated a revenue of USD 1,547.9 million in 2021 and is expected to reach USD 8,010.1 million by 2028.
  • The Canada market is expected to grow at a CAGR of 26.5% from 2022 to 2028.
  • In terms of segment, big data analytics was the largest revenue generating type in 2021.
  • Business Analytics is the most lucrative type segment registering the fastest growth during the forecast period.

Advanced analytics market data book summary

Market revenue in 2021USD 1,547.9 million
Market revenue in 2028USD 8,010.1 million
Growth rate26.5% (CAGR from 2021 to 2028)
Largest segmentBig data analytics
Fastest growing segmentBusiness Analytics
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationBig Data Analytics, Business Analytics, Customer Analytics, Risk Analytics, Statistical Analysis
Key market players worldwideAltair Engineering Inc Class A, International Business Machines Corp, Microsoft Corp, Oracle Corp, SAP SE, SAS AB, Fair Isaac Corp, KNIME, Trianz

Other key industry trends

  • In terms of revenue, Canada accounted for 10.2% of the global advanced analytics market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. advanced analytics market is projected to lead the regional market in terms of revenue in 2028.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 8,010.1 million by 2028.

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Advanced Analytics Market Companies

Name Profile # Employees HQ Website

Canada advanced analytics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced analytics market will help companies and investors design strategic landscapes.


Big data analytics was the largest segment with a revenue share of 35.76% in 2021. Horizon Databook has segmented the Canada advanced analytics market based on big data analytics, business analytics, customer analytics, risk analytics, statistical analysis covering the revenue growth of each sub-segment from 2018 to 2028.


  • Canada Advanced Analytics Type Outlook (Revenue, USD Million, 2018-2028)
    • Big Data Analytics
    • Business Analytics
    • Customer Analytics
    • Risk Analytics
    • Statistical Analysis
    • Others
  • Canada Advanced Analytics Deployment Outlook (Revenue, USD Million, 2018-2028)
    • On-premise
    • Cloud
  • Canada Advanced Analytics Enterprise Size Outlook (Revenue, USD Million, 2018-2028)
    • Large Enterprises
    • Small & Medium Enterprises (SMEs)
  • Canada Advanced Analytics End Use Outlook (Revenue, USD Million, 2018-2028)
    • BFSI
    • Government
    • Healthcare
    • IT & Telecom
    • Military & Defense
    • Others

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Target buyers of Canada advanced analytics market databook

  • Our clientele includes a mix of advanced analytics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada advanced analytics market, including forecasts for subscribers. This country databook contains high-level insights into Canada advanced analytics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Canada advanced analytics market size, by type, 2018-2028 (US$M)

Canada Advanced Analytics Market Share, 2021 & 2028 (US$M)

Canada advanced analytics market size, by type, 2018-2028 (US$M)

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