The SaaS-based business analytics market is expected to grow by USD 7.42 billion, progressing at a CAGR of over 13% during the forecast period.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201208005094/en/
Technavio has announced its latest market research report titled Global SaaS-based Business Analytics Market 2020-2024 (Graphic: Business Wire)
Click & Get Free Sample Report in Minutes
The shift from the CAPEX model to the OPEX model is one of the major factors propelling market growth. However, factors such as system integration and interoperability issues will hamper the market growth.
More details: https://www.technavio.com/report/SaaS-based-business-analytics-market-industry-analysis
SaaS-based Business Analytics Market: End-user Landscape
The retail sector is dynamic due to the continuous development of e-commerce technologies. Retailers maximize profits by implementing analytical tools and management information systems. The retailers can reduce their capital expenditure (CAPEX) by deploying cloud-based retail analytics solutions. They subscribe to an integrated suite of retail analytics solutions, which help them to connect with the various stakeholders in the supply chain management (SCM) systems. Market growth in this segment will be slower than the growth of the market in the BFSI and healthcare segment.
SaaS-based Business Analytics Market: Geographic Landscape
North America was the largest SaaS-based business analytics market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing use of analytics solutions and services by the BFSI and the healthcare sectors will significantly drive SaaS-based business analytics market growth in this region over the forecast period. 34% of the market’s growth will originate from North America during the forecast period. The US is one of the critical markets for SaaS-based business analytics in North America. Market growth in this region will be slower than the growth of the market in APAC and South America.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Related Reports on Information Technology Include:
Global Video Analytics Market: The video analytics market size has the potential to grow by USD 11.14 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Streaming Analytics Market: The streaming analytics market size has the potential to grow by USD 15.21 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Companies Covered:
- International Business Machines Corp.
- Microsoft Corp.
- MicroStrategy Inc.
- Open Text Corp.
- Oracle Corp.
- QlikTech international AB
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Retail – Market size and forecast 2019-2024
- BFSI – Market size and forecast 2019-2024
- Telecom – Market size and forecast 2019-2024
- Healthcare – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- International Business Machines Corp.
- Microsoft Corp.
- MicroStrategy Inc.
- Open Text Corp.
- Oracle Corp.
- QlikTech international AB
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201208005094/en/