Embedded Analytics Market Size to Reach US$ 117.3 Billion by 2028 | Industry CAGR of 12.5%
The global embedded analytics market size reach US$ 117.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028.
NY 11249, BROOKLYN, USA, April 7, 2023 /EINPresswire.com/ — According to the latest report by IMARC Group, titled, “Embedded Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, Offers a comprehensive analysis of the industry, which comprises insights on the embedded analytics market analysis. The global embedded analytics market size reached US$ 54.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 117.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028.
Market Overview:
Embedded analytics refers to a digital workplace capability wherein data analysis occurs within a natural workflow of users. It offers visual workflows, static reports, dashboards, hoc querying, predictive analytics, mobile reporting, and benchmarking. It assists in enhancing decision-making, increasing productivity and sales, and improving business performance. It also aids in maintaining brand identity and data confidentiality and generating more revenues. Besides this, it helps customize actions based on the interaction of customers with dashboards and visualizations. As a result, embedded analytics is widely employed in the healthcare, media and entertainment, IT and telecommunication, e-commerce, defense, education, and banking, financial services, and insurance (BFSI) industries around the world.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/embedded-analytics-market/requestsample
Embedded Analytics Market Trends and Drivers:
At present, the increasing demand for embedded analytics as it assists in managing real-time data generation represents one of the primary factors contributing to the market growth. Besides this, the growing adoption of big data and the internet of things (IoT) among numerous organizations to achieve optimum performance is offering a positive market outlook. Apart from this, the rising demand for embedded analytics due to various benefits, such as cost-effectiveness and increased efficiency and productivity, is propelling the growth of the market. Moreover, the increasing demand for embedded analytics due to the rapid adoption of mobile devices and cloud computing is offering lucrative growth opportunities to industry investors. Furthermore, the rising utilization of embedded analytics by small and medium-sized enterprises (SMEs) is strengthening the market growth.
Embedded Analytics Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Infor (Koch Industries Inc.)
International Business Machines Corporation
Logi Analytics Inc. (Insightsoftware Inc.)
Microsoft Corporation
Open Text Corporation
Oracle Corporation
QlikTech International AB
SAP SE
Sisense Inc.
Tableau Software LLC (Salesforce.com Inc)
TIBCO Software Inc
The report has segmented the market based on solution, analytics tool, deployment mode, business function, organization size and industry vertical.
Breakup by Solution:
Software
Services
Breakup by Analytics Tool:
Dashboard and Data Visualization
Self-service Tools
Benchmarking
Reporting
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Business Function:
Finance
Human Resources
Marketing and Sales
Production
Others
Breakup by Organization Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Breakup by Industry Vertical:
BFSI
IT and Telecommunication
Retail and Consumer Goods
Healthcare and Life Sciences
Manufacturing
Government
Energy and Utilities
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=4722&flag=C
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Top Trending Reports (Book Now with 10% Discount):
5G in Aviation Market Report- http://bit.ly/3kMv75s
4K Set-Top Box Market Report- http://bit.ly/3mhiX5h
Connectivity Enabling Technology Market Report- http://bit.ly/3kA3GMr
Account Reconciliation Software Market Report- http://bit.ly/3y4Gfhh
Application Infrastructure Middleware Market Report- http://bit.ly/3ZvnKOx
Performance Appraisal and Management Software Market Report- http://bit.ly/3WYL5r8
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
Sales@imarcgroup.com
