Embedded Analytics Market Forecast to 2026 - Global Analysis by Product Type, Indication, End User, and Geography

Embedded analytics integrates analytic capabilities and content within the business process applications including enterprise resource planning (ERP), customer relationship management (CRM), financial systems, and marketing automation. It offers analytics tools and relevant information for users to work effectively on a particular task. Common analytical capabilities included in the software applications are dashboard and data visualization, self-service analytics, reporting, and benchmarking. As compared to traditional business intelligence, embedded analytics offers additional awareness and analytic or contextual capabilities to support decision-making related to exclusive tasks.

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The global embedded analytics market is attributed to emergence of big data and Internet of Technology (IoT) among organizations, increase in reliability on mobile devices and cloud technology, and rise in need to integrate data analytics with the business applications to achieve optimum performance. In addition, growth in adoption of bring your own devices (BYOD), increased demand for real-time visualization tools in business applications, and rise in enterprise mobility drive the growth of the global embedded analytics market.

Upsurge in demand for real-time streaming analysis and high demand for standalone self-service analytics tools are expected to offer significant growth opportunities for the global embedded analytics industry in the near future. However, high investment costs and lack of analytical knowledge among the enterprises hamper the growth of the global embedded analytics market.

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The global embedded analytics industry is segmented based on deployment model, business application, analytics tool, industry vertical, and geography. Based on deployment model, it is bifurcated into on-premise and cloud-based. As per business application, it is classified into sales & marketing, finance, operation, and human resource. Based on analytics tool, the global embedded analytics market is categorized into dashboards and data visualization, self-service tools, benchmarking, and reporting.

Based on vertical, the global embedded analytics industry is divided into banking, financial services, and insurance (BFSI); IT & telecom; public sector; manufacturing; retail; healthcare; energy & utilities; and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The key market players offering embedded analytics products include Birst, Inc., IBM Corporation, Information Builders, Logi Analytics, Microsoft Corporation, Microstrategy Inc., Opentext Corporation, Qlik Technologies, Inc., SAP SE, and TIBCO (The Information Bus Company) Software Inc.

KEY BENEFITS FOR STAKEHOLDERS

In-depth analysis of the global embedded analytics market and dynamics is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.
Porter’s Five Forces analysis examines the competitive structure of the global embedded analytics market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players.
Comprehensive analyses of the trends, sub-segments, and key revenue pockets are provided.
Detailed analyses of the key players operating in the global embedded analytics market and their business strategies are anticipated to assist stakeholders to take informed business decisions.

According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.

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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).

KEY MARKET SEGMENTS

By Deployment Model

On-premise
Cloud-based

By Business Application

Sales & Marketing
Finance
Operations
Human Resource

By Analytics Tool

Dashboard and Data Visualization
Self-service Tools
Benchmarking
Reporting

By Vertical

BFSI
IT & Telecom
Public Sector
Manufacturing
Retail
Healthcare
Energy & Utilities
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
Australia
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

What is the goal of the report?

The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.

During the forecast period, the report analyzes the growth rate, market size, and market valuation.

The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.

The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

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This market report shows the projected market size for the unified communication market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market's growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

This report covers aspects of the regional analysis market.

The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

This report analyzes current and future market trends by region, providing information on product usage and consumption.

Reports on the market include the growth rate of every region, based on their countries over the forecast period.

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Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

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This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter's Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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