Product Code: ANV857
REPORT HIGHLIGHT
In 2020, the global cloud analytics market was valued at USD 46,007.7 million, expanding at a CAGR of 19.7% during the study period.
Cloud analytics is the process of analyzing data on the cloud in order to obtain usable information and gain new insights. Cloud analytics aids in the streamlining of business operations by obtaining, integrating, analyzing, and presenting information that business organizations to make better decisions for better outcomes. Furthermore, cloud analytics aids in the provision of a single, secure access point to data by increasing data governance and providing more granular access control for individuals with access to data.
Market Dynamics
Rising digitization, the availability of a wide range of data, and the need to stay ahead of the competition have prompted enterprises to focus on analytics solutions in order to implement the strategic decision-making process. Businesses are increasingly embracing digitization in order to better their strategy by analyzing massive amounts of unstructured data coming via multiple channels. According to the International Data Corporation (IDC), by 2025, 80 percent of global data collected by organizations would be unstructured. This increase in unstructured data has encouraged firms to deploy numerous cloud-based business management systems. Learn about worldwide trends, customer demand, and competitive benchmarking. These analytics solutions assist businesses in making decisions. Better decisions based on historical and current data will assist the organization in running more smoothly and effectively.
In addition, Businesses can now analyze a significant quantity of data due to real-time insights provided by cloud-based analytics solutions, allowing them to improve customer experience, accelerate digital business, and optimize communications network, security, and application performance. Cloud-based analytics tools assist firms to make better strategic decisions while also increasing operational efficiency, customer satisfaction, and profit and revenue levels. As the volume of unstructured data grows, there will be a strong demand for cloud-based data storage and analytics solutions.
Segmentation Analysis:
Cloud Analytics Market is segmented on the basis of solution, deployment, end-user, and region.
On the basis of solution, the market is divided into several categories including enterprise information management, analytics solutions, cloud business intelligence (BI) tools, risk, and compliance, governance, enterprise performance management, and others.
In 2020, the analytics solution segment held the biggest market share. Predictive, audio, and video analytics, among others, are enabling organizations to retain customers and uncover new business prospects using dashboards. Cloud analytics solutions have simplified the usage and management of massive data volumes, as well as the use of data-driven objectives to acquire actionable insights.
Over the projection period for the cloud analytics market, the governance, risk, and compliance category is predicted to grow at the fastest CAGR. The growing demand among companies to meet stringent compliance and security requirements, as well as gain a holistic perspective of company policy, is driving the growth of governance, risk, and compliance.
Based on deployment, the global industry is divided into public, private, and hybrid clouds. The public cloud segment accounted for the greater part of the cloud analytics market. The low costs and excellent bandwidth efficiency offered by public cloud servers are driving the expansion of the public cloud market. A cloud service provider can manage public cloud infrastructure across the internet and the web, providing enormous value to organizations in terms of cost savings, communication and network agility, and simple access to mission-critical data.
Based on end-user, the market is categorized into BFSI, IT and telecommunications, retail and consumer goods, healthcare and life sciences, manufacturing, research & education, and others.
Competitive Landscape:
The market is fragmented due to the presence of various small and major producers competing on price and quality. The market is characterized by fierce competition, making it tough for new entrants. Major companies are expanding their R&D operations, developing infrastructure, and looking for possibilities to vertically integrate across the value chain. These activities assist them in developing novel products and technologies, meeting rising product demand, and improving operations planning by lowering costs.
For instance, in July 2020, Google LLC, a technology business, introduced BigQuery Omni, a multi-cloud analytics solution that allows enterprises to access and securely analyze data across Amazon Web Services, Google Cloud, and Microsoft Azure.
Key features of the study:
- This proposed research study on Cloud Analytics Market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2021-2027), considering 2020 as the base year
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Cloud Analytics Market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Cloud Analytics Market
- Impact of COVID-19 on Cloud Analytics Market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Cloud Analytics Market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Cloud Analytics Market, we have also included competitive landscape and key innovator analysis for the Cloud Analytics Market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Cloud Analytics Market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Cloud Analytics Market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL CLOUD ANALYTICS MARKET KEY PLAYEARS
- IBM Corporation
- Hexaware Technologies Limited
- Oracle Corporation
- Microsoft Corporation
- Alphabet Inc. (Google LLC)
- Salesforce.com, Inc.
- TIBCO Software Inc.
- SAS Institute Inc.
- Teradata Corporation
- MicroStrategy Incorporated
- The Hewlett Packard Enterprise Company
- SAP SE
- Sisense
- Atos
- Cloudera, Inc.
- Hitachi Vantara Corporation
GLOBAL CLOUD ANALYTICS MARKET, BY SOLUTION
- Cloud Business Intelligence (BI) Tools
- Enterprise Information Management
- Governance
- Risk and Compliance
- Enterprise Performance Management
- Analytics Solutions
- Others
GLOBAL CLOUD ANALYTICS MARKET, BY DEPLOYMENT
GLOBAL CLOUD ANALYTICS MARKET, BY END-USER
- BFSI
- IT and Telecommunications
- Retail and Consumer Goods
- Healthcare and Life Sciences
- Manufacturing
- Research & Education
- Others
GLOBAL CLOUD ANALYTICS MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. Cloud Analytics Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet By Solution
- 2.1.2. Market Snippet By Deployment
- 2.1.3. Market Snippet By End-User
- 2.1.4. Market Snippet by Region
- 2.2. Competitive Insights
3. Substance Abuse Treatment Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Substance Abuse Treatment Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Cloud Analytics Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Cloud Analytics Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Cloud Analytics Market - By Solution
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Solution, 2020 & 2027 (%)
- 7.1.2. Cloud Business Intelligence (BI) Tools
- 7.1.3. Enterprise Information Management
- 7.1.4. Governance
- 7.1.5. Risk and Compliance
- 7.1.6. Enterprise Performance Management
- 7.1.7. Analytics Solutions
- 7.1.8. Others
8. Cloud Analytics Market - By Deployment
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Deployment, 2020 & 2027 (%)
- 8.1.2. Public
- 8.1.3. Private
- 8.1.4. Hybrid
9. Cloud Analytics Market - By End-User
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By End-User, 2020 & 2027 (%)
- 9.1.2. BFSI
- 9.1.3. IT and Telecommunications
- 9.1.4. Retail and Consumer Goods
- 9.1.5. Healthcare and Life Sciences
- 9.1.6. Manufacturing
- 9.1.7. Research & Education
- 9.1.8. Others
10. Cloud Analytics Market- By Geography
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 10.2. North America
- 10.2.1. Overview
- 10.2.2. Key Manufacturers in North America
- 10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.2.4. North America Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.2.5. North America Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.2.6. North America Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.2.7. U.S.
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.2.7.3. U.S. Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.2.7.4. U.S. Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.2.7.5. U.S. Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.2.7.6.
- 10.2.8. Canada
- 10.2.8.1. Overview
- 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 1.1.1.3. Canada Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3. Europe
- 10.3.1. Overview
- 10.3.2. Key Manufacturers in Europe
- 10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.3.4. Europe Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.3.5. Europe Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.3.6. Europe Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.7.
- 10.3.8. Germany
- 10.3.8.1. Overview
- 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.8.3. Germany Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.3.8.4. Germany Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.3.8.5. Germany Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.9. Italy
- 10.3.9.1. Overview
- 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.9.3. Italy Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.3.9.4. Italy Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.3.9.5. Italy Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.10. United Kingdom
- 10.3.10.1. Overview
- 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.10.3. United Kingdom Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.3.10.4. United Kingdom Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.3.10.5. United Kingdom Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.11. France
- 10.3.11.1. Overview
- 10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.11.3. France Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.3.11.4. France Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.3.11.5. France Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.12. Rest of Europe
- 10.3.12.1. Overview
- 10.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.12.3. Rest of the Europe Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.3.12.4. Rest of the Europe Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.3.12.5. Rest of the Europe Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4. Asia Pacific (APAC)
- 10.4.1. Overview
- 10.4.2. Key Manufacturers in Asia Pacific
- 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.4.4. Asia Pacific Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.4.5. Asia Pacific Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.4.6. Asia Pacific Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.7. India
- 10.4.7.1. Overview
- 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.7.3. India Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.4.7.4. India Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.4.7.5. India Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.8. China
- 10.4.8.1. Overview
- 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.8.3. China Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.4.8.4. China Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.4.8.5. China Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.9. Japan
- 10.4.9.1. Overview
- 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.9.3. Japan Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.4.9.4. Japan Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.4.9.5. Japan Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.10. South Korea
- 10.4.10.1. Overview
- 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.10.3. South Korea Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.4.10.4. South Korea Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.4.10.5. South Korea Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.11. Rest of APAC
- 10.4.11.1. Overview
- 10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.11.3. Rest of APAC Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.4.11.4. Rest of APAC Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.4.11.5. Rest of APAC Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5. Latin America
- 10.5.1. Overview
- 10.5.2. Key Manufacturers in Latin America
- 10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.5.4. Latin America Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.5.5. Latin America Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.5.6. Latin America Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.7. Brazil
- 10.5.7.1. Overview
- 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.7.3. Brazil Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.5.7.4. Brazil Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.5.7.5. Brazil Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.8. Mexico
- 10.5.8.1. Overview
- 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.8.3. Mexico Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.5.8.4. Mexico Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.5.8.5. Mexico Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.9. Argentina
- 10.5.9.1. Overview
- 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.9.3. Argentina Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.5.9.4. Argentina Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.5.9.5. Argentina Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.10. Rest of LATAM
- 10.5.10.1. Overview
- 10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.10.3. Rest of LATAM Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.5.10.4. Rest of LATAM Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.5.10.5. Rest of LATAM Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6. Middle East and Africa
- 10.6.1. Overview
- 10.6.2. Key Manufacturers in Middle East and Africa
- 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.6.4. Middle East and Africa Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.6.5. Middle East and Africa Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.6.6. Middle East and Africa Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6.7. Saudi Arabia
- 10.6.7.1. Overview
- 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.7.3. Saudi Arabia Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.6.7.4. Saudi Arabia Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.6.7.5. Saudi Arabia Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6.8. United Arab Emirates
- 10.6.8.1. Overview
- 10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.8.3. United Arab Emirates Market Size and Forecast, By Solution, 2016 - 2027 (US$ Million)
- 10.6.8.4. United Arab Emirates Market Size and Forecast, By Deployment, 2016 - 2027 (US$ Million)
- 10.6.8.5. United Arab Emirates Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
11. Key Vendor Analysis
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. IBM Corporation
- 11.2.2. Hexaware Technologies Limited
- 11.2.3. Oracle Corporation
- 11.2.4. Microsoft Corporation
- 11.2.5. Alphabet Inc. (Google LLC)
- 11.2.6. Salesforce.com, Inc.
- 11.2.7. TIBCO Software Inc.
- 11.2.8. SAS Institute Inc.
- 11.2.9. Teradata Corporation
- 11.2.10. MicroStrategy Incorporated
- 11.2.11. The Hewlett Packard Enterprise Company
- 11.2.12. SAP SE
- 11.2.13. Sisense
- 11.2.14. Atos
- 11.2.15. Cloudera, Inc.
- 11.2.16. Hitachi Vantara Corporation
12. 360 Degree Analyst View
13. Appendix
- 13.1. Research Methodology
- 13.2. References
- 13.3. Abbreviations
- 13.4. Disclaimer
- 13.5. Contact Us