Regression Analysis Tool Market Size, Analysis, Forecast - 2031

Regression Analysis Tool Market Size and Forecasts (2021-2031), Global and Regional Share, Trends, and Growth Opportunity Analysis by Component (Software and Services); Deployment (Could and On-Premise); Type (Simple Linear Regression Tool and Multiple Linear Regression Tool); Application (BFSI, IT and Telecommunication, Healthcare, Media and Entertainment, Transportation and Logistics, Education, Retail, and Others); Organization Size (SMEs and Large Enterprise); and Geography

  • Report Code : TIPRE00026882
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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Analyst Perspective

The regression analysis tool market has grown over the past few years. Organizations around the world increasingly need regression analysis tools in order to streamline the analysis procedure. The growing volume of data in today's world will require an analytic tool, which will be a huge boost for the market. The market is set to be going through substantial growth in the coming years of the forecast period.

Market Overview

Regression analysis is the collection of statistical procedures used for estimating relationships between dependent and independent variables using available data. The regression analysis tool allows the analysts, data scientists, and researchers to model, analyze, and interpret these relationships, facilitating informed decision-making, predictive modeling, and trend identification. The use of regression analytic tools has increased in various industries, including scientific research, marketing, finance, healthcare, and many more. North America is expected to hold a substantial market share during the forecast period. The regression analysis tool is expected to expand with a CAGR of 5.8% during 2023-2031.

Market Driver

The Need to Manage the Large Volume of Data

Digitalization has swept across many industries around the world. The adoption of digitalization has led to an increase in the volume of data online. There is a need for organizations to manage and analyze the data for improved decision-making backed by data. The analytic tool will help organizations take a proactive approach and help predict situations with the help of the analytic tools. The market is driven by the reliability of the tool in managing the data.

Market Scope

The "Global Regression Analysis Tool Market Analysis To 2031" is an in-depth and specialized study of the technology, media, and telecommunications industry focusing on the global market trend analysis. The market report aims to provide an overview of the regression analysis tool market with detailed market segmentation by component, deployment, type, application, organization size, and geography. The global regression analysis tool market is predicted to experience high growth during the forecast period. The market report gives key statistics on the leading regression analysis tool market players' market status and offers trends and opportunities in the market.

Market Segmentation

The global regression analysis tool market segmentation is based on component, deployment, type, application, and organization size. On the basis of component, the regression analysis tool market is segmented into software and services. Based on deployment, the market segmentation is into on-premise and cloud. On the basis of type, the regression analysis tool market is segmented into simple linear regression tools and multiple linear regression tools. Based on application, the regression analysis tool market segmentation into BFSI, IT and telecommunication, healthcare, media and entertainment, transportation and logistics, education, retail, and others. On the basis of organization size, the regression analysis tool market is segmented into large enterprises and SMEs.

Regional Analysis

The report provides a thorough overview of the industry, including qualitative and quantitative information. It gives an overview and forecast of the global regression analysis tool market based on a number of segments. The market report gives the market size and forecast estimates from 2020 to 2030 regarding the five major regions: North America, South & Central America, Europe, Middle East and Africa (MEA), and Asia-Pacific (APAC). The market by region is later segmented by countries and segments. The regression analysis tool market report covers the analysis and forecast of the 18 countries from across the globe, with the region's current trends and opportunities.

The report analyzes factors impacting the regression analysis tool market from demand and supply. Further, it evaluates market dynamics impacting the market during the forecast period, i.e., opportunities, future trends, drivers, and restraints. The report also provides an extensive PEST analysis highlighting factors affecting the market in these regions.

Key Player Analysis

The reports cover key developments in the regression analysis tool market, such as inorganic and organic growth strategies. Many companies are centering on organic growth strategies such as product launches, approvals, patents, and events. Inorganic growth strategies activities seen in the market were acquisitions and partnerships & collaborations. The activities have made way for business expansion and the customer base of market players. The market players anticipate having significant growth opportunities in the future with the rising demand for regression analysis tools in the global market.

The report also includes key companies' profiles with the SWOT analysis and market strategies in the regression analysis tool market. Moreover, the report focuses on leading industry players with information on the profiles, components, and services offered, financial information of the companies for the previous 3 years, and key developments in the past five years. The list of a few companies engaged in the regression analysis tool market is mentioned below.

  • IBM Corporation
  • SAS Institute Inc.
  • GraphPad Software Inc
  • Microsoft Corporation
  • OriginLab Corporation
  • QlikTech International AB
  • ISH Global Inc.
  • Lumina Decision Systems
  • TIBCO Software
  • CAMO Software AS


World Geography
Strategic Insights

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Research Criteria
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

The List of Companies

1.IBM Corp.
2.SAS Institute Inc.
3.StataCorp LLC
4.TIBCO Software
5.IHS Global Inc.
6.OriginLab Corporation
7.CAMO Software AS
8.Lumina Decision Systems
9.QlikTech International AB
10.MathWorks, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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