Middle East & Africa Advanced Analytics Market Size & Outlook

The advanced analytics market in Middle East & Africa is expected to reach a projected revenue of US$ 2,817.3 million by 2028. A compound annual growth rate of 19.4% is expected of Middle East & Africa advanced analytics market from 2022 to 2028.
Revenue, 2021 (US$M)
$812.3
Forecast, 2028 (US$M)
$2,817.3
CAGR, 2022 - 2028
19.4%
Report Coverage
Middle East & Africa

MEA advanced analytics market highlights

  • The MEA advanced analytics market generated a revenue of USD 812.3 million in 2021.
  • The market is expected to grow at a CAGR of 19.4% 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.

MEA data book summary

Market revenue in 2021USD 812.3 million
Market revenue in 2028USD 2,817.3 million
Growth rate19.4% (CAGR from 2021 to 2028)
Largest segmentBig data analytics
Fastest growing segmentBusiness Analytics
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 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, MEA region accounted for 5.4% of the global advanced analytics market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 13,329.4 million by 2028.

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Advanced Analytics Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 33.49% in 2021. Horizon Databook has segmented the Middle East & Africa 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.


  • Middle East & Africa Advanced Analytics Type Outlook (Revenue, USD Million, 2018-2028)
    • Big Data Analytics
    • Business Analytics
    • Customer Analytics
    • Risk Analytics
    • Statistical Analysis
    • Others
  • Middle East & Africa Advanced Analytics Deployment Outlook (Revenue, USD Million, 2018-2028)
    • On-premise
    • Cloud
  • Middle East & Africa Advanced Analytics Enterprise Size Outlook (Revenue, USD Million, 2018-2028)
    • Large Enterprises
    • Small & Medium Enterprises (SMEs)
  • Middle East & Africa 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 Middle East & Africa 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa advanced analytics market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa advanced analytics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Middle East & Africa advanced analytics market

Middle East & Africa Advanced Analytics Market Share, 2021 & 2028 (US$M)

Middle East & Africa advanced analytics market

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