The North America Advanced Analytics Market would witness market growth of 21.7% CAGR during the forecast period (2021-2027).
Advanced analytics is considered as the autonomous or semi-autonomous analysis of data or content with the help of advanced techniques and tools, generally beyond those of conventional business intelligence (BI), to uncover beneficial insights, make predictions, or create suggestions. The growing number of companies in the region with massive data in both organized as well as unorganized formats is surging the demand for advanced analytics solutions in the regional market.
Factors like rising demand in the developing nations, the solutions over cloud platforms, decrease in the price of these solutions, and appearance of new players are anticipated to boost the advanced analytics market. The entrance of key players is offering vertical-specific solutions that have improved the dynamics of the market that compel the key players like SAS, Oracle, and SAP to deliver solutions tailored according to the specific industry.
North America is anticipated as one of the major regions in the advanced analytics market. The major reasons behind the dominance of this region in the global market are the increase in artificial intelligence deployment and growing technological improvements. Also, the growing number of users of social media has surged the growth of the global advanced analytics market in this region. Additionally, the existence of a well-established organization that assists swift adoption of advanced technologies, made this region as a key market for the growth of advanced analytics.
The regional market would be fueled by the massive adoption of artificial intelligence and growing technological advancements. Moreover, the presence of the leading companies of the advanced analytics market in this region makes it highly conducive for the existing as well as new players of the market. Lastly, the existence of well-formed infrastructure that encourages the rapid installation of advanced technologies would fuel the growth of the regional market during the forecast period.
The US market dominated the North America Advanced Analytics Customer Analytics Market by Country 2020, thereby, achieving a market value of $4,675.2 million by 2027. The Canada market is experiencing a CAGR of 24.8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 23.7% during (2021 - 2027).
Based on Type, the market is segmented into Big Data Analytics, Business Analytics, Customer Analytics, Risk Analytics, Statistical Analysis and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, IT & Telecom, Military & Defense, Healthcare, Government and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Advanced Analytics Market is Estimated to Reach USD 56.2 Billion by 2027 at a CAGR of 23.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAS Institute, Inc., SAP SE, IBM Corporation, Oracle Corporation, Dell Technologies, Inc., Microsoft Corporation, RapidMiner, Inc., Altair Engineering, Inc., Fair Isaac Corporation (FICO), and KNIME AG
Scope of the Study
Market Segments Covered in the Report:
By Type
- Big Data Analytics
- Business Analytics
- Customer Analytics
- Risk Analytics
- Statistical Analysis
- Others
By Deployment Type
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End-User
- BFSI
- IT & Telecom
- Military & Defense
- Healthcare
- Government
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SAS Institute, Inc.
- SAP SE
- IBM Corporation
- Oracle Corporation
- Dell Technologies, Inc.
- Microsoft Corporation
- RapidMiner, Inc.
- Altair Engineering, Inc.
- Fair Isaac Corporation (FICO)
- KNIME AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Advanced Analytics Market, by Type
1.4.2 North America Advanced Analytics Market, by Deployment Type
1.4.3 North America Advanced Analytics Market, by Enterprise Size
1.4.4 North America Advanced Analytics Market, by End User
1.4.5 North America Advanced Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Feb – 2021, May) Leading Players
Chapter 4. North America Advanced Analytics Market by Type
4.1 North America Advanced Analytics Big Data Analytics Market by Country
4.2 North America Advanced Analytics Business Analytics Market by Country
4.3 North America Advanced Analytics Customer Analytics Market by Country
4.4 North America Advanced Analytics Risk Analytics Market by Country
4.5 North America Advanced Analytics Statistical Analysis Market by Country
4.6 North America Other Type Advanced Analytics Market by Country
Chapter 5. North America Advanced Analytics Market by Deployment Type
5.1 North America On-premise Advanced Analytics Market by Country
5.2 North America Cloud Advanced Analytics Market by Country
Chapter 6. North America Advanced Analytics Market by Enterprise Size
6.1 North America Large Enterprises Advanced Analytics Market by Country
6.2 North America Small & Medium Enterprises Advanced Analytics Market by Country
Chapter 7. North America Advanced Analytics Market by End User
7.1 North America BFSI Advanced Analytics Market by Country
7.2 North America IT & Telecom Advanced Analytics Market by Country
7.3 North America Military & Defense Advanced Analytics Market by Country
7.4 North America Healthcare Advanced Analytics Market by Country
7.5 North America Government Advanced Analytics Market by Country
7.6 North America Others Advanced Analytics Market by Country
Chapter 8. North America Advanced Analytics Market by Country
8.1 US Advanced Analytics Market
8.1.1 US Advanced Analytics Market by Type
8.1.2 US Advanced Analytics Market by Deployment Type
8.1.3 US Advanced Analytics Market by Enterprise Size
8.1.4 US Advanced Analytics Market by End User
8.2 Canada Advanced Analytics Market
8.2.1 Canada Advanced Analytics Market by Type
8.2.2 Canada Advanced Analytics Market by Deployment Type
8.2.3 Canada Advanced Analytics Market by Enterprise Size
8.2.4 Canada Advanced Analytics Market by End User
8.3 Mexico Advanced Analytics Market
8.3.1 Mexico Advanced Analytics Market by Type
8.3.2 Mexico Advanced Analytics Market by Deployment Type
8.3.3 Mexico Advanced Analytics Market by Enterprise Size
8.3.4 Mexico Advanced Analytics Market by End User
8.4 Rest of North America Advanced Analytics Market
8.4.1 Rest of North America Advanced Analytics Market by Type
8.4.2 Rest of North America Advanced Analytics Market by Deployment Type
8.4.3 Rest of North America Advanced Analytics Market by Enterprise Size
8.4.4 Rest of North America Advanced Analytics Market by End User
Chapter 9. Company Profiles
9.1 SAS Institute, Inc.
9.1.1 Company Overview
9.1.2 Recent Strategies and Developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.1.2.2 Acquisitions and Mergers:
9.2 SAP SE
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.1 Recent Strategies and Developments:
9.2.1.1 Partnerships, Collaborations, and Agreements:
9.2.1.2 Product Launches and Product Expansions:
9.2.2 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent Strategies and Developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisitions and Mergers:
9.3.6 SWOT Analysis
9.4 Oracle Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent Strategies and Developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Microsoft Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent Strategies and Developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisitions and Mergers:
9.5.5.3 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 RapidMiner, Inc.
9.6.1 Company Overview
9.6.2 Recent Strategies and Developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.7 Altair Engineering, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent Strategies and Developments:
9.7.5.1 Acquisitions and Mergers:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Fair Isaac Corporation (FICO)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent Strategies and Developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisitions and Mergers:
9.8.6 SWOT Analysis
9.9 Dell Technologies, Inc. (Statsoft)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent Strategies and Developments:
9.9.5.1 Product launches and Product Expansions:
9.9.6 SWOT Analysis:
9.10. KNIME AG
9.10.1 Company Overview
9.10.2 Recent Strategies and Developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Advanced Analytics Market, 2017 - 2020, USD Million
TABLE 2 North America Advanced Analytics Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Advanced Analytics Market
TABLE 4 Product Launches And Product Expansions– Advanced Analytics Market
TABLE 5 Acquisition and Mergers– Advanced Analytics Market
TABLE 6 North America Advanced Analytics Market by Type, 2017 - 2020, USD Million
TABLE 7 North America Advanced Analytics Market by Type, 2021 - 2027, USD Million
TABLE 8 North America Advanced Analytics Big Data Analytics Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Advanced Analytics Big Data Analytics Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Advanced Analytics Business Analytics Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Advanced Analytics Business Analytics Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Advanced Analytics Customer Analytics Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Advanced Analytics Customer Analytics Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Advanced Analytics Risk Analytics Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Advanced Analytics Risk Analytics Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Advanced Analytics Statistical Analysis Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Advanced Analytics Statistical Analysis Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Other Type Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Other Type Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Advanced Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 21 North America Advanced Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 22 North America On-premise Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 23 North America On-premise Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Cloud Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Cloud Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Advanced Analytics Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 27 North America Advanced Analytics Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 28 North America Large Enterprises Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Large Enterprises Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Small & Medium Enterprises Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Small & Medium Enterprises Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Advanced Analytics Market by End User, 2017 - 2020, USD Million
TABLE 33 North America Advanced Analytics Market by End User, 2021 - 2027, USD Million
TABLE 34 North America BFSI Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 35 North America BFSI Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 36 North America IT & Telecom Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 37 North America IT & Telecom Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Military & Defense Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Military & Defense Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Healthcare Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Healthcare Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Government Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Government Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Others Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Others Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Advanced Analytics Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Advanced Analytics Market by Country, 2021 - 2027, USD Million
TABLE 48 US Advanced Analytics Market, 2017 - 2020, USD Million
TABLE 49 US Advanced Analytics Market, 2021 - 2027, USD Million
TABLE 50 US Advanced Analytics Market by Type, 2017 - 2020, USD Million
TABLE 51 US Advanced Analytics Market by Type, 2021 - 2027, USD Million
TABLE 52 US Advanced Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 53 US Advanced Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 54 US Advanced Analytics Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 55 US Advanced Analytics Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 56 US Advanced Analytics Market by End User, 2017 - 2020, USD Million
TABLE 57 US Advanced Analytics Market by End User, 2021 - 2027, USD Million
TABLE 58 Canada Advanced Analytics Market, 2017 - 2020, USD Million
TABLE 59 Canada Advanced Analytics Market, 2021 - 2027, USD Million
TABLE 60 Canada Advanced Analytics Market by Type, 2017 - 2020, USD Million
TABLE 61 Canada Advanced Analytics Market by Type, 2021 - 2027, USD Million
TABLE 62 Canada Advanced Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 63 Canada Advanced Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 64 Canada Advanced Analytics Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 65 Canada Advanced Analytics Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 66 Canada Advanced Analytics Market by End User, 2017 - 2020, USD Million
TABLE 67 Canada Advanced Analytics Market by End User, 2021 - 2027, USD Million
TABLE 68 Mexico Advanced Analytics Market, 2017 - 2020, USD Million
TABLE 69 Mexico Advanced Analytics Market, 2021 - 2027, USD Million
TABLE 70 Mexico Advanced Analytics Market by Type, 2017 - 2020, USD Million
TABLE 71 Mexico Advanced Analytics Market by Type, 2021 - 2027, USD Million
TABLE 72 Mexico Advanced Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 73 Mexico Advanced Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 74 Mexico Advanced Analytics Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 75 Mexico Advanced Analytics Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 76 Mexico Advanced Analytics Market by End User, 2017 - 2020, USD Million
TABLE 77 Mexico Advanced Analytics Market by End User, 2021 - 2027, USD Million
TABLE 78 Rest of North America Advanced Analytics Market, 2017 - 2020, USD Million
TABLE 79 Rest of North America Advanced Analytics Market, 2021 - 2027, USD Million
TABLE 80 Rest of North America Advanced Analytics Market by Type, 2017 - 2020, USD Million
TABLE 81 Rest of North America Advanced Analytics Market by Type, 2021 - 2027, USD Million
TABLE 82 Rest of North America Advanced Analytics Market by Deployment Type, 2017 - 2020, USD Million
TABLE 83 Rest of North America Advanced Analytics Market by Deployment Type, 2021 - 2027, USD Million
TABLE 84 Rest of North America Advanced Analytics Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 85 Rest of North America Advanced Analytics Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 86 Rest of North America Advanced Analytics Market by End User, 2017 - 2020, USD Million
TABLE 87 Rest of North America Advanced Analytics Market by End User, 2021 - 2027, USD Million
TABLE 88 Key information – SAS Institute, Inc.
TABLE 89 Key Information – SAP SE
TABLE 90 Key information – IBM Corporation
TABLE 91 Key Information – Oracle Corporation
TABLE 92 key information – Microsoft Corporation
TABLE 93 Key Information – RapidMiner, Inc.
TABLE 94 Key Information – Altair Engineering, Inc.
TABLE 95 Key Information – Fair Isaac Corporation (FICO)
TABLE 96 Key Information – Dell Technologies, Inc.
TABLE 97 Key information- KNIME AG
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: (Partnerships, Collaborations, and Agreements: 2017, Feb – 2021, May) Leading Players
FIG 5 Recent Strategies and Development: SAS INSTITUE, INC.
FIG 6 rECENT STRATEGIES AND dEVELOPMENTS: sap se
FIG 7 SWOT Analysis: SAP SE
FIG 8 Recent strategies and developments: ibm corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Recent Strategies and developments: Oracle corporation
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 Recent strategies and developments: Microsoft corporation
FIG 13 SWOT Analysis: Microsoft Corporation
FIG 14 recent strategies and developments: rapidminer, inc.
FIG 15 Recent STRATEGIES AND DEVELOPMENTS: Altair Engineering, Inc.
FIG 16 SWOT Analysis: Altair Engineering, Inc.
FIG 17 RECENT STRATEGIES AND DEVELOPMENTS: Fair Isaac Corporation
FIG 18 SWOT ANALYSIS: FAIR ISSAC CORPORATION (fico)
FIG 19 SWOT Analysis: Dell Technologies, Inc.