Global Embedded Analytics Market 2021-26 | Size, Share, Growth, Trends and Forecast

According to the latest report by IMARC Group, titled, “Embedded Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global embedded analytics market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.

Embedded analytics provides an interface for data visualizations, static and interactive reports, benchmarking, mobile reporting, ad hoc querying, and visual workflows. It aids in increasing overall revenue, enhancing productivity, developing data-driven decision-making, and offering a smooth user experience. As it is also used in customizing actions based on customer interactions, the demand for embedded analytics is rising around the world.

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Market Trends

The increasing need for determining profits in revenue growth, market expansion and competitive advantage in various businesses represent one of the key factors propelling the market growth. Moreover, due to a rise in demand for data-generated insights, there is an increase in the utilization of embedded analytics in advanced clinical and operational capabilities worldwide. Besides this, it is also assisting healthcare personnel in data interpretation and disease-diagnosis and patient management. Furthermore, leading manufacturers are integrating advanced technologies like artificial intelligence (AI), cloud services, Internet of Things (IoT), and machine learning (ML) to update the existing analytics variant. These developments are projected to strengthen the market growth.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Infor (Koch Industries Inc.)
International Business Machines Corporation
Logi Analytics Inc. (Insightsoftware Inc.)
Microsoft Corporation
Open Text Corporation
Oracle Corporation
QlikTech International AB
SAP SE
Sisense Inc.
Tableau Software LLC (Salesforce.com Inc)
TIBCO Software Inc

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The report has segmented the market based on solution, analytics tool, deployment mode, business function, organization size and industry vertical.

Breakup by Solution:
Software
Services

Breakup by Analytics Tool:
Dashboard and Data Visualization
Self-service Tools
Benchmarking
Reporting

Breakup by Deployment Mode:
On-premises
Cloud-based

Breakup by Business Function:
Finance
Human Resources
Marketing and Sales
Production
Others

Breakup by Organization Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises

Breakup by Industry Vertical:
BFSI
IT and Telecommunication
Retail and Consumer Goods
Healthcare and Life Sciences
Manufacturing
Government
Energy and Utilities
Others

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

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