Cloud-Based Business Analytics Software Market Analysis and Forecast by 2031

MARKET INTRODUCTION

The rising demand for cloud-based business analytics software among small- & medium-sized enterprises due to its low cost and enhanced usability is the major factor driving the growth of the cloud-based business analytics software market. Further, the growing requirement of social media analytics owing to the rise in popularity of social media marketing is also boosting the growth of the cloud-based business analytics software market during the forecast period.

MARKET DYNAMICS

The continuous increase in investments by organizations in business intelligence as well as analytic tools owing to enhance service efficiencies and revenue growth are fueling the growth of the cloud-based business analytics software market. However, an insufficient volume of meaningful data among SME's may hamper the cloud-based business analytics software market growth to a certain extent. Moreover, rising awareness regarding the numerous benefits of business analytics tool and cost-effective solution provided by the cloud-based deployment is expected to boom the growth of the cloud-based business analytics software market.

MARKET SCOPE

The "Global Cloud-Based Business Analytics Software Market Analysis to 2031" is a specialized and in-depth study of the Cloud-based business analytics software industry with a special focus on the global market trend analysis. The report aims to provide an overview Cloud-based business analytics software market with detailed market segmentation as deployment, application, end-user, and geography. The global cloud-based business analytics software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud-based business analytics software market players and offers key trends and opportunities in the cloud-based business analytics software market.

MARKET SEGMENTATION

The global cloud-based business analytics software market is segmented on the basis deployment, application, end-user. On the basis of deployment the market is segmented as private cloud, public cloud, hybrid cloud. On the basis of application the market is segmented as customer analytics, supply chain analytics, marketing analytics, pricing analytics, others. On the basis of end-user the market is segmented as BFSI, IT and telecom, retail, manufacturing, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cloud-based business analytics software market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Cloud-based business analytics software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Cloud-based business analytics software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cloud-based business analytics software market in these regions.

MARKET PLAYERS

The reports cover key developments in the cloud-based business analytics software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Cloud-based business analytics software market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud-based business analytics software in the global market. Below mentioned is the list of few companies engaged in the cloud-based business analytics software market.

The report also includes the profiles of key cloud-based business analytics software companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Fair Isaac Corporation
  
•  IBM Corporation
  
•  Infor
  
•  Microsoft Corporation
  
•  Oracle Corporation
  
•  QlikTech International AB
  
•  Salesforce.com Inc.
  
•  SAP SE
  
•  SAS Institute Inc.
  
•  Tableau Software, LLC
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Cloud-Based Business Analytics Software Report Scope