Global Analytics As A Service Market Size & Outlook
Global analytics as a service market, 2018-2027 (US$M)
Related Markets
Global analytics as a service market highlights
- The global analytics as a service market generated a revenue of USD 5,930.4 million in 2020 and is expected to reach USD 29,677.9 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 25.9% by 2027.
- In terms of segment, descriptive analytics accounted for a revenue of USD 2,096.2 million in 2020.
- Prescriptive Analytics is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 5,930.4 million |
| Market revenue in 2027 | USD 29,677.9 million |
| Growth rate | 25.9% (CAGR from 2020 to 2027) |
| Largest segment | Descriptive analytics |
| Fastest growing segment | Prescriptive Analytics |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics, Descriptive Analytics |
Other key industry trends
- In terms of revenue, the North America accounted for 44.1% of the global analytics as a service market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 9,241.3 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Analytics as a Service Market Scope
Analytics as a Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global analytics as a service 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 analytics as a service market will help companies and investors design strategic landscapes.
Descriptive analytics was the largest segment with a revenue share of 35.35% in 2020. Horizon Databook has segmented the Global analytics as a service market based on predictive analytics, prescriptive analytics, diagnostic analytics, descriptive analytics covering the revenue growth of each sub-segment from 2018 to 2027.
- Global Analytics as a Service Type Outlook (Revenue, USD Million, 2018-2027)
- Predictive Analytics
- Prescriptive Analytics
- Diagnostic Analytics
- Descriptive Analytics
- Global Analytics as a Service Enterprise Size Outlook (Revenue, USD Million, 2018-2027)
- Large Enterprise
- Small & Medium Enterprise (SME)
- Global Analytics as a Service End Use Outlook (Revenue, USD Million, 2018-2027)
- BFSI
- Retail
- Government
- IT & Telecom
- Healthcare
- Manufacturing
- Others
Reasons to subscribe to Global analytics as a service market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global analytics as a service market databook
-
Our clientele includes a mix of analytics as a service 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 global-level data and insights on the Global analytics as a service market, including forecasts for subscribers. This global databook contains high-level insights into Global analytics as a service market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global analytics as a service market size, by regions, 2018-2027 (US$M)
Top 10 countries: Analytics as a service market size, 2020 (US$M)
Global analytics as a service market share, by type, 2020 & 2027 (%, US$M)
Analytics as a service market: Opportunity assessment by country
Global analytics as a service market, by region, 2020 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,777.6 | 2,214.3 | 2,613.3 | 3,101.4 | 3,715.5 | 4,513.8 | 5,585.0 | 7,067.5 | 9,182.0 | 12,290.7 | 24.8% |
| Europe | 1,151.4 | 1,451.8 | 1,734.0 | 2,083.8 | 2,527.7 | 3,109.3 | 3,895.6 | 4,991.5 | 6,566.3 | 8,899.6 | 26.3% |
| Asia Pacific | 691.6 | 884.0 | 1,070.9 | 1,302.9 | 1,600.0 | 1,992.5 | 2,527.3 | 3,278.4 | 4,366.1 | 5,990.9 | 27.9% |
| Latin America | 188.3 | 238.7 | 286.7 | 346.3 | 422.3 | 522.2 | 657.7 | 847.1 | 1,120.1 | 1,526.0 | 27.0% |
| MEA | 158.1 | 194.9 | 225.5 | 266.5 | 317.2 | 381.7 | 466.5 | 581.4 | 741.4 | 970.6 | 23.2% |
| Overall | 3,966.9 | 4,983.6 | 5,930.4 | 7,100.8 | 8,582.6 | 10,519.5 | 13,132.1 | 16,765.9 | 21,975.9 | 29,677.9 | 25.9% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
