November 27, 2020

Embedded Analytics Market Size, Growth Strategies and Forecast Report to 2027

Global Embedded Analytics Market was valued at USD 29.88 billion in 2019 which is expected to reach USD 57.78 billion by 2027 at a CAGR 14.5%.

The global Embedded Analytics market is studied in detail in the new report on Qualiket Research. The new report studies the Embedded Analytics market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Embedded analytics is a type of analytical tool which is integrated into software application of an enterprise and operates as a Component of the innate application rather than a different platform. This system allows users to work with higher quality data and quick reporting analytics.

Market Drivers

Increase in adoption of self-service analytics is the key driving factor which is expected to boost the global embedded analytics market growth. Furthermore, increase in number of data driven organizations will have the positive impact on market growth. Moreover, increase in need for predictive analytics for business will fuel the market growth. In addition that rises in reliability on mobile devices and cloud technology which is expected to propel the global embedded analytics market growth.

Market Restraints

However, lack of skilled workforce is the major challenging factor which is expected to hamper the global embedded analytics market growth. Also, lack of integration with legacy systems and higher replacement cost will affect the market growth.

Market Key Players

Various key players are discussed in this report such as  Microsoft Corporation, International Business Machines Corporation, Opentext Corporation, Oracle Corporation, SAP SE, SAS Institute, Tableau Software Inc.,  BIRST, Inc., and Information Builders

Market Taxonomy

By Deployment Type

  • On-premise
  • Cloud

By Solution

  • Software
  • Services

By Organization Size

  • Small and Medium Enterprises
  • Large Enterprises

By End User

  • Manufacturing
  • BFSI
  • IT & Telecommunication
  • Retail
  • Energy & Utilities
  • Healthcare
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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