The Embedded Analytics Market is Predict to reach USD 147.9 Billion by 2031, at a CAGR of 14.2%

Embedded Analytics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Embedded Analytics Market size is expected to reach $147.9 billion by 2031, rising at a market growth of 14.2% CAGR during the forecast period.

The Cloud segment is leading the Global Embedded Analytics Market by Deployment in 2023; thereby, achieving a market value of $90.8 billion by 2031. Businesses are increasingly favoring cloud-based solutions due to their ability to eradicate the necessity for substantial upfront infrastructure investments and offer automatic updates, thereby reducing maintenance expenses. The scalability of cloud platforms enables organizations to adapt their analytics capabilities to evolving requirements, rendering them suitable for businesses of all sizes. The demand for cloud solutions has been further fuelled by the global trend toward digital transformation and remote work, which allows for seamless access to analytics from any location. Enhanced data integration and real-time insights further solidify the cloud segment's dominance.

The Supply Chain Management segment is anticipating a CAGR of 13.3% during (2024 - 2031). Embedded analytics empowers organizations to analyze real-time data across procurement, inventory, production, and distribution, enabling proactive decision-making and improved efficiency. The ability to forecast demand, reduce costs, and mitigate risks has made analytics essential for supply chain operations. Additionally, the increasing adoption of IoT and connected devices in supply chain processes generates vast amounts of data, further driving the need for embedded analytics to harness these insights effectively.

The Large Enterprises segment is generating the maximum revenue in the Global Embedded Analytics Market by Enterprise Size in 2023; thereby, achieving a market value of $92.1 billion by 2031. These organizations deal with extensive data generated from various departments, requiring robust analytics tools to process, analyze, and derive actionable insights. Embedded analytics helps large enterprises streamline operations, optimize resource allocation, and enhance strategic decision-making. Additionally, the need for real-time insights to maintain a competitive edge in dynamic markets drives large enterprises to integrate analytics capabilities directly into their operational workflows. Their focus on long-term digital transformation further fuels the adoption of embedded analytics solutions.

The BFSI segment is registering a CAGR of 14.8% during (2024 - 2031). The segment is growing due to the sector’s need for real-time data insights to manage risks, ensure compliance, and enhance customer experience. Embedded analytics help financial institutions detect fraud, monitor transactions, and assess credit risk effectively. It also supports personalized banking and insurance offerings by analyzing customer data and behavioral trends. The growing focus on digital banking and mobile payment solutions has increased the demand for embedded analytics to streamline operations and drive innovation in financial services, making it a vital tool for this sector.

Full Report: https://www.kbvresearch.com/embedded-analytics-market/

The North America region dominated the Global Embedded Analytics Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $51.4 billion by 2031. The Europe region is experiencing a CAGR of 13.8% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 14.8% during (2024 - 2031).

List of Key Companies Profiled

• Sisense, Inc.
• Infor, Inc. (Koch Industries)
• MicroStrategy, Inc.
• Open Text Corporation
• SAP SE
• SAS Institute, Inc.
• Oracle Corporation
• Microsoft Corporation
• IBM Corporation
• Google LLC

Embedded Analytics Market Report Segmentation

By Deployment

• Cloud
• On-premise

By Enterprise Size

• Large Enterprises
• SMEs

By Application

• ERP/CRM
• Supply Chain Management
• Sales & Marketing
• Logistics & Delivery
• Other Application

By End-user

• IT & Telecommunications
• Retail & Consumer Goods
• BFSI
• Manufacturing
• Healthcare
• Other End-user

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Embedded Analytics Market Size | Analysis 2031

• November-2024
• 131 Pages

LAMEA Embedded Analytics Market Size, Share | Forecast 2031

• November-2024
• 144 Pages

Europe Embedded Analytics Market Size | Forecast Report 2031

• November-2024
• 146 Pages

Asia Pacific Embedded Analytics Market Size Reports to 2031

• November-2024
• 146 Pages