The Asia Pacific Big Data and Business Analytics Market would witness market growth of 14.8% CAGR during the forecast period (2021-2027).
Advanced analytics techniques are also used in the financial and banking sector to improve processes followed by banks, manage risks, and reduce scams. To protect customers from churn, the telecom sector is using analytics techniques, which will minimize the churn by specific marketing programs for particular customers. Further. these analytics are also used in the healthcare industry to detect & manage scams and enhance clinical performance. In addition, analytics is very useful in retail companies to understand the buyer’s behavior and accordingly specialize their planning and establish a better market position.
A significant rise was witnessed in the size of unorganized data like corporate emails, surveillance data, and consumer data produced from streaming activity for media subscription services like Netflix, Amazon Prime Video, in the past few years. Therefore, a surge has been witnessed in the demand for big data analytics solutions, which would fuel the demand for big data and business analytics for better data management and strategic decision-making.
Furthermore, the growing adoption of big data analytics software and solutions by numerous companies across different verticals to provide improved & rapid decision-making and also to gain a competitive edge in the market by evaluating big datasets in real-time that would augment the growth of the market over the forecast period. Along with that, the rising demand for cloud-based big data analytics software among small & medium enterprises is estimated to propel market growth in the coming years.
Industries such as manufacturing, automotive, and pharmaceuticals are putting hefty investments in the deployment of artificial intelligence for their process optimization. The adoption of big data analytics in process optimization allows makers to improve the production process, boost the efficiency of the supply chain, and recognize variables that are impacting the production quality, thereby propelling the growth of the market.
The high accessibility of big data and business services & solutions and massive demand for predictive solutions are expected to open new growth avenues for the players operating in the regional big data and business analytics market during the forecast period. This would further accelerate the growth of the regional market during the forecast period. In addition, the increasing awareness among the companies regarding the benefits of using these solutions would further escalate the regional market growth.
The China market dominated the Asia Pacific Big Data and Business Analytics Data Mining & Warehousing Market by Country 2020, thereby, achieving a market value of $7906.9 million by 2027. The Japan market is showcasing a CAGR of 14.5% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 15.8% during (2021 - 2027).
Based on Component, the market is segmented into Services, Software and Hardware. Based on Analytics Tool, the market is segmented into Dashboard & Data Visualization, Self-Service Tools, Data Mining & Warehousing, Reporting, and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Application, the market is segmented into Customer Analytics, Marketing Analytics, Risk & Credit Analytics, Workforce Analytics, Supply Chain Analytics, and Others. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Transportation, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Big Data and Business Analytics Market is Projected to reach USD 448 Billion by 2027, at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc., Fair Isaac Corporation, Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Tibco Software Inc., and Teradata Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Services
- Software
- Hardware
By Analytics Tool
- Dashboard & Data Visualization
- Self-Service Tools
- Data Mining & Warehousing
- Reporting
- Others
By Deployment Type
By Application
- Customer Analytics
- Marketing Analytics
- Risk & Credit Analytics
- Workforce Analytics
- Supply Chain Analytics
- Others
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Transportation
- Manufacturing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc.
- Fair Isaac Corporation
- Hewlett Packard Enterprise
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Tibco Software Inc.
- Teradata Corporation
TABLE 1 Asia Pacific Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Big Data and Business Analytics Market
TABLE 4 Product Launches And Product Expansions– Big Data and Business Analytics Market
TABLE 5 Acquisition and Mergers– Big Data and Business Analytics Market
TABLE 6 Asia Pacific Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Big Data and Business Analytics Services Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Big Data and Business Analytics Services Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Big Data and Business Analytics Software Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Big Data and Business Analytics Software Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Big Data and Business Analytics Hardware Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Big Data and Business Analytics Hardware Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 16 Asia Pacific BFSI Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific BFSI Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific IT & Telecom Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific IT & Telecom Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Healthcare Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Healthcare Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Retail & eCommerce Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Retail & eCommerce Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Government & Defense Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Government & Defense Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Transportation Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Transportation Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Manufacturing Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Manufacturing Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Other Industry Vertical Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Other Industry Vertical Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Big Data and Business Analytics Dashboard & Data Visualization Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Big Data and Business Analytics Dashboard & Data Visualization Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Big Data and Business Analytics Self-Service Tools Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Big Data and Business Analytics Self-Service Tools Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Big Data and Business Analytics Data Mining & Warehousing Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Big Data and Business Analytics Data Mining & Warehousing Market by Country, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Big Data and Business Analytics Reporting Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Big Data and Business Analytics Reporting Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Big Data and Business Analytics Others Market by Country, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Big Data and Business Analytics Others Market by Country, 2021 - 2027, USD Million
TABLE 44 Asia Pacific Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 45 Asia Pacific Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 46 Asia Pacific On-premise Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 47 Asia Pacific On-premise Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 48 Asia Pacific Cloud Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 49 Asia Pacific Cloud Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 50 Asia Pacific Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 51 Asia Pacific Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 52 Asia Pacific Customer Analytics Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 53 Asia Pacific Customer Analytics Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 54 Asia Pacific Marketing Analytics Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 55 Asia Pacific Marketing Analytics Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 56 Asia Pacific Risk & Credit Analytics Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 57 Asia Pacific Risk & Credit Analytics Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 58 Asia Pacific Workforce Analytics Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 59 Asia Pacific Workforce Analytics Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 60 Asia Pacific Supply Chain Analytics Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 61 Asia Pacific Supply Chain Analytics Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 62 Asia Pacific Others Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 63 Asia Pacific Others Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 64 Asia Pacific Big Data and Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 65 Asia Pacific Big Data and Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 66 China Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 67 China Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 68 China Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 69 China Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 70 China Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 71 China Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 72 China Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 73 China Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 74 China Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 75 China Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 76 China Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 77 China Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 78 Japan Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 79 Japan Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 80 Japan Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 81 Japan Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 82 Japan Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 83 Japan Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 84 Japan Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 85 Japan Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 86 Japan Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 87 Japan Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 88 Japan Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 89 Japan Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 90 India Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 91 India Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 92 India Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 93 India Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 94 India Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 95 India Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 96 India Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 97 India Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 98 India Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 99 India Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 100 India Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 101 India Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 102 South Korea Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 103 South Korea Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 104 South Korea Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 105 South Korea Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 106 South Korea Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 107 South Korea Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 108 South Korea Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 109 South Korea Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 110 South Korea Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 111 South Korea Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 112 South Korea Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 113 South Korea Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 114 Singapore Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 115 Singapore Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 116 Singapore Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 117 Singapore Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 118 Singapore Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 119 Singapore Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 120 Singapore Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 121 Singapore Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 122 Singapore Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 123 Singapore Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 124 Singapore Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 125 Singapore Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 126 Malaysia Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 127 Malaysia Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 128 Malaysia Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 129 Malaysia Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 130 Malaysia Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 131 Malaysia Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 132 Malaysia Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 133 Malaysia Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 134 Malaysia Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 135 Malaysia Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 136 Malaysia Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 137 Malaysia Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 138 Rest of Asia Pacific Big Data and Business Analytics Market, 2017 - 2020, USD Million
TABLE 139 Rest of Asia Pacific Big Data and Business Analytics Market, 2021 - 2027, USD Million
TABLE 140 Rest of Asia Pacific Big Data and Business Analytics Market by Component, 2017 - 2020, USD Million
TABLE 141 Rest of Asia Pacific Big Data and Business Analytics Market by Component, 2021 - 2027, USD Million
TABLE 142 Rest of Asia Pacific Big Data and Business Analytics Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 143 Rest of Asia Pacific Big Data and Business Analytics Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 144 Rest of Asia Pacific Big Data and Business Analytics Market by Analytics Tool, 2017 - 2020, USD Million
TABLE 145 Rest of Asia Pacific Big Data and Business Analytics Market by Analytics Tool, 2021 - 2027, USD Million
TABLE 146 Rest of Asia Pacific Big Data and Business Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 147 Rest of Asia Pacific Big Data and Business Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 148 Rest of Asia Pacific Big Data and Business Analytics Market by Application, 2017 - 2020, USD Million
TABLE 149 Rest of Asia Pacific Big Data and Business Analytics Market by Application, 2021 - 2027, USD Million
TABLE 150 Key Information – Amazon Web Services, Inc.
TABLE 151 Key Information – Fair Isaac Corporation (FICO)
TABLE 152 Key information – SAS Institute, Inc.
TABLE 153 Key Information – SAP SE
TABLE 154 Key information – IBM Corporation
TABLE 155 Key Information – Oracle Corporation
TABLE 156 key information – Microsoft Corporation
TABLE 157 key information – Hewlett Packard Enterprise Company
TABLE 158 Key Information – Teradata Corporation
TABLE 159 Key information – Tibco Software, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 SWOT ANALYSIS: FAIR ISSAC CORPORATION (fico)
FIG 6 Recent strategies and developments: SAS Institute Inc.
FIG 7 Recent strategies and developments: SAP SE
FIG 8 SWOT Analysis: SAP SE
FIG 9 Recent strategies and developments: IBM COrporation
FIG 10 Swot analysis: IBM Corporation
FIG 11 Recent strategies and developments: Oracle Corporation
FIG 12 SWOT analysis: Oracle Corporation
FIG 13 Recent strategies and developments: Microsoft Corporation
FIG 14 SWOT Analysis: Microsoft Corporation
FIG 15 Recent strategies and developments: Hewlett Packard Enterprise
FIG 16 SWOT analysis: Hewlett-Packard enterprise Company
FIG 17 SWOT Analysis: Teradata Corporation
FIG 18 Recent strategies and developments: TIBCO Software