U.S. Analytics As A Service Market Size & Outlook
U.S. analytics as a service market, 2018-2027 (US$M)
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U.S. analytics as a service market highlights
- The U.S. analytics as a service market generated a revenue of USD 2,020.9 million in 2020 and is expected to reach USD 9,241.3 million by 2027.
- The U.S. market is expected to grow at a CAGR of 24.3% from 2021 to 2027.
- In terms of segment, descriptive analytics was the largest revenue generating type in 2020.
- Prescriptive Analytics is the most lucrative type segment registering the fastest growth during the forecast period.
Analytics as a service market data book summary
| Market revenue in 2020 | USD 2,020.9 million |
| Market revenue in 2027 | USD 9,241.3 million |
| Growth rate | 24.3% (CAGR from 2020 to 2027) |
| Largest segment | Descriptive analytics |
| Fastest growing segment | Prescriptive Analytics |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics, Descriptive Analytics |
| Key market players worldwide | Amazon.com Inc, Alphabet Inc Class A, Hewlett Packard Enterprise Co, International Business Machines Corp, Microsoft Corp, Oracle Corp, SAP SE, SAS |
Other key industry trends
- In terms of revenue, U.S. accounted for 34.1% of the global analytics as a service market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. analytics as a service market is projected to lead the regional market in terms of revenue in 2027.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,049.4 million by 2027.
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Analytics as a Service Market Scope
Analytics as a Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 35.19% in 2020. Horizon Databook has segmented the U.S. 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.
Reasons to subscribe to U.S. analytics as a service market databook:
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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 U.S. analytics as a service market databook
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Our clientele includes a mix of analytics as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the U.S. analytics as a service market, including forecasts for subscribers. This country databook contains high-level insights into U.S. analytics as a service market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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U.S. analytics as a service market size, by type, 2018-2027 (US$M)
U.S. Analytics as a Service Market Share, 2020 & 2027 (US$M)
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