The Latin America, Middle East and Africa Data Analytics Outsourcing Market would witness market growth of 37.1% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Data Analytics Outsourcing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,433.8 million by 2031. The Argentina market is showcasing a CAGR of 37.9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 35.9% during (2024 - 2031).
The data analytics outsourcing market has experienced significant growth and is expected to continue expanding due to various factors driving demand and adoption. Data analytics outsourcing involves delegating data-related tasks to third-party service providers specializing in data management, analysis, and interpretation.
Additionally, Data analytics outsourcing helps retailers implement sophisticated personalization strategies by analyzing customer purchase histories, browsing behavior, and social media interactions. This analysis enables dynamic pricing strategies, where prices are adjusted in real time based on demand, competitor pricing, and inventory levels.
The growth of fintech in the UAE generates vast amounts of complex financial data. This surge necessitates advanced analytics to derive actionable insights. Data analytics outsourcing firms provide the expertise and infrastructure to effectively manage and analyze these large datasets. As per the UAE government, the UAE is leading the MENA’s fintech sector, reaching a record high of USD 2.5 billion by 2022. The largest financial institutions invest in fintech, targeting payments, capital markets, and cybersecurity. The number of fintech businesses in the MENA region is steadily increasing. With the proliferation of digital transactions, real-time fraud detection and prevention have become critical.
Free Valuable Insights: The Worldwide Data Analytics Outsourcing Market is Projected to reach USD 125.5 Billion by 2031, at a CAGR of 35%
Based on Industry, the market is segmented into BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others. Based on Application, the market is segmented into Marketing Analytics, Financial Analytics, HR Analytics, Supply Chain Analytics, Sales Analytics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Accenture PLC
- IBM Corporation
- Infosys Limited
- Wipro Limited
- Capgemini SE
- Deloitte Touche Tohmatsu Limited
- Pricewaterhousecoopers LLP (PwC)
- Cognizant Technology Solutions Corporation
- Genpact Limited
- ZS Associates
LAMEA Data Analytics Outsourcing Market Report Segmentation
By Industry
- BFSI
- IT & Telecom
- Manufacturing
- Healthcare
- Retail & E-commerce
- Others
By Application
- Marketing Analytics
- Financial Analytics
- HR Analytics
- Supply Chain Analytics
- Sales Analytics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Data Analytics Outsourcing Market, by Industry
1.4.2 LAMEA Data Analytics Outsourcing Market, by Application
1.4.3 LAMEA Data Analytics Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. LAMEA Data Analytics Outsourcing Market by Industry
5.1 LAMEA BFSI Market by Country
5.2 LAMEA IT & Telecom Market by Country
5.3 LAMEA Manufacturing Market by Country
5.4 LAMEA Healthcare Market by Country
5.5 LAMEA Retail & E-commerce Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Data Analytics Outsourcing Market by Application
6.1 LAMEA Marketing Analytics Market by Country
6.2 LAMEA Financial Analytics Market by Country
6.3 LAMEA HR Analytics Market by Country
6.4 LAMEA Supply Chain Analytics Market by Country
6.5 LAMEA Sales Analytics Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Data Analytics Outsourcing Market by Country
7.1 Brazil Data Analytics Outsourcing Market
7.1.1 Brazil Data Analytics Outsourcing Market by Industry
7.1.2 Brazil Data Analytics Outsourcing Market by Application
7.2 Argentina Data Analytics Outsourcing Market
7.2.1 Argentina Data Analytics Outsourcing Market by Industry
7.2.2 Argentina Data Analytics Outsourcing Market by Application
7.3 UAE Data Analytics Outsourcing Market
7.3.1 UAE Data Analytics Outsourcing Market by Industry
7.3.2 UAE Data Analytics Outsourcing Market by Application
7.4 Saudi Arabia Data Analytics Outsourcing Market
7.4.1 Saudi Arabia Data Analytics Outsourcing Market by Industry
7.4.2 Saudi Arabia Data Analytics Outsourcing Market by Application
7.5 South Africa Data Analytics Outsourcing Market
7.5.1 South Africa Data Analytics Outsourcing Market by Industry
7.5.2 South Africa Data Analytics Outsourcing Market by Application
7.6 Nigeria Data Analytics Outsourcing Market
7.6.1 Nigeria Data Analytics Outsourcing Market by Industry
7.6.2 Nigeria Data Analytics Outsourcing Market by Application
7.7 Rest of LAMEA Data Analytics Outsourcing Market
7.7.1 Rest of LAMEA Data Analytics Outsourcing Market by Industry
7.7.2 Rest of LAMEA Data Analytics Outsourcing Market by Application
Chapter 8. Company Profiles
8.1 Genpact Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.2 ZS Associates
8.2.1 Company Overview
8.3 Accenture PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Deloitte Touche Tohmatsu Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Pricewaterhousecoopers LLP (PwC)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 SWOT Analysis
8.6 IBM Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 Infosys Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Wipro Limited
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Capgemini SE
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Acquisition and Mergers:
8.9.5 SWOT Analysis
8.10. Cognizant Technology Solutions Corporation
8.10.1 Company overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 SWOT Analysis
TABLE 1 LAMEA Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 4 LAMEA Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 5 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 18 LAMEA Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 19 LAMEA Marketing Analytics Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Marketing Analytics Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Financial Analytics Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Financial Analytics Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA HR Analytics Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA HR Analytics Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Supply Chain Analytics Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Supply Chain Analytics Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Sales Analytics Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Sales Analytics Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Data Analytics Outsourcing Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Data Analytics Outsourcing Market by Country, 2024 - 2031, USD Million
TABLE 33 Brazil Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 34 Brazil Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 35 Brazil Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 36 Brazil Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 37 Brazil Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 38 Brazil Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 39 Argentina Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 40 Argentina Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 41 Argentina Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 42 Argentina Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 43 Argentina Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 44 Argentina Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 45 UAE Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 46 UAE Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 47 UAE Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 48 UAE Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 49 UAE Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 50 UAE Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 51 Saudi Arabia Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 52 Saudi Arabia Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 53 Saudi Arabia Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 54 Saudi Arabia Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 55 Saudi Arabia Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 56 Saudi Arabia Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 57 South Africa Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 58 South Africa Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 59 South Africa Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 60 South Africa Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 61 South Africa Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 62 South Africa Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 63 Nigeria Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 64 Nigeria Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 65 Nigeria Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 66 Nigeria Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 67 Nigeria Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 68 Nigeria Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 69 Rest of LAMEA Data Analytics Outsourcing Market, 2020 - 2023, USD Million
TABLE 70 Rest of LAMEA Data Analytics Outsourcing Market, 2024 - 2031, USD Million
TABLE 71 Rest of LAMEA Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
TABLE 72 Rest of LAMEA Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
TABLE 73 Rest of LAMEA Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
TABLE 74 Rest of LAMEA Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
TABLE 75 Key Information – Genpact Limited
TABLE 76 Key Information – ZS Associates
TABLE 77 Key Information – Accenture PLC
TABLE 78 Key Information – Deloitte Touche Tohmatsu Limited
TABLE 79 Key Information – Pricewaterhousecoopers LLP
TABLE 80 Key Information – IBM Corporation
TABLE 81 Key Information – Infosys Limited
TABLE 82 Key Information – Wipro Limited
TABLE 83 Key Information – Capgemini SE
TABLE 84 Key Information – Cognizant Technology Solutions Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Data Analytics Outsourcing Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Analytics Outsourcing Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Data Analytics Outsourcing Market
FIG 6 LAMEA Data Analytics Outsourcing Market share by Industry, 2023
FIG 7 LAMEA Data Analytics Outsourcing Market share by Industry, 2031
FIG 8 LAMEA Data Analytics Outsourcing Market by Industry, 2020 - 2031, USD Million
FIG 9 LAMEA Data Analytics Outsourcing Market share by Application, 2023
FIG 10 LAMEA Data Analytics Outsourcing Market share by Application, 2031
FIG 11 LAMEA Data Analytics Outsourcing Market by Application, 2020 - 2031, USD Million
FIG 12 LAMEA Data Analytics Outsourcing Market share by Country, 2023
FIG 13 LAMEA Data Analytics Outsourcing Market share by Country, 2031
FIG 14 LAMEA Data Analytics Outsourcing Market by Country, 2020 - 2031, USD Million
FIG 15 SWOT Analysis: Accenture PLC
FIG 16 SWOT Analysis: Deloitte Touche Tohmatsu Limited
FIG 17 SWOT Analysis: Pricewaterhousecoopers LLP (PwC)
FIG 18 SWOT Analysis: IBM Corporation
FIG 19 SWOT Analysis: Infosys Limited
FIG 20 SWOT Analysis: Wipro Limited
FIG 21 SWOT Analysis: Capgemini SE
FIG 22 Swot analysis: cognizant technology solutions corporation