Embedded Analytics Market Projections Highlighting Primary Trends until 2026- IBM Corporation, Microsoft Corporation

Embedded Analytics Market by Component, Application, Services, and Region- Forecast to 2026

The Global Embedded Analytics Market Research Report 2021-2026 published by Market Insights Reports is a significant source of keen information for business specialists. It furnishes the Embedded Analytics business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Embedded Analytics worth chain and its wholesaler examination. Embedded Analytics Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The embedded analytics market was valued at USD 36.08 billion in 2020 and is expected to reach USD 77.52 billion by the end of 2026, projected at a growth rate of 13.6% over the forecast period 2020-25.

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Top Leading Companies of Embedded Analytics Market are IBM Corporation, Microsoft Corporation, SAP SE, SAS Institute Inc., MicroStrategy Incorporated, Oracle Corporation, Tableau Software (Sales Force, Inc.), TIBCO Software, Inc., Birst, Inc. (Infor Inc.), Logi Analytics, Inc, QlikTech International AB, Sisense Inc., Information Builders, Inc., OpenText Corp., Yellowfin International Pty Ltd, GoodData Corporation, Izenda, Inc., Vertica Systems, Inc. (HPE) and others.

-Embedded Analytics Market Analysis

-Industry News And Updates on Embedded Analytics Market-

North America is Expected to Hold Major Share

- The adoption of data modernization technologies across various end-user industries in the North America region is maximum compared to the other areas, which is the primary reason driving the adoption of different analytical solutions like, embedded analytics in the region. The region maintains its position in the ICT industry as it is home to many large corporations, such as Apple, Facebook, IBM, and Google. The annual marketing data spending in the United States increased from USD 9,782.3 million in 2017 to USD 15,209 million in 2019, according to a survey by OnAudience, a big data platform. Moreover, the number of data-driven organizations is increasing in the United States, across all industries. Several end-user industries with significant adoption of analytics solutions such as embedded analytics are the healthcare, BFSI, manufacturing, amongst others, holds a dominant position in the region.

-Key Market Trends Embedded Analytics Market-

Healthcare is Expected to Witness Significant Growth

- The growth in the adoption of embedded analytics solutions across the healthcare sector is expected to be significant due to the increasing demand for analytics in managing the real-time data generated from various healthcare activities. The healthcare industry generates enormous amounts of data. Still, the management of different data sets across multiple data points is complicated due to several factors such as technical, economical, amongst others, which hinders the stakeholders in the industry to derive analytical insights. In addition to electronic medical records, there is now information collected from telemedicine interactions, patient health monitors, fitness trackers, etc. Moreover, as costs rise and health levels fall, public and privately funded healthcare environments shift from paying for service volume toward paying for service value.

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