Embedded Analytics Market is estimated to witness surging demand at a CAGR of 14.22% by 2029

The Embedded Analytics Market is expected to witness market growth at a rate of 14.22% in the forecast period of 2022 to 2029.

Industry Analysis

Data Bridge Market Research report on embedded analytics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the adoption of mobile Bi and cloud computing is escalating the growth of embedded analytics market.

Embedded analytics is the technology which is being designed to make analysis of data and business intelligence that is more reachable by all kinds of application or user organization. Several enterprises are moving towards embedded analytics owing to the integrated structure of the business application and BI tools in a single suite. When compared to the traditional way of business analysis, these analytics are proven to provide a higher level of solution to problems.

Major factors that are expected to boost the growth of the embedded analytics market in the forecast period are the rise in the organization that is based on data-driven. Furthermore, the accepting self-service analytics at a higher-level. Furthermore, the rise in the need to integrate analytics into business applications is further estimated to cushion the growth of the embedded analytics market. On the other hand, the dearth of integration with legacy systems and growing replacement cost is further projected to impede the growth of the embedded analytics market in the timeline period.

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Global Embedded Analytics Market Scope and Market Size

The embedded analytics market is segmented on the basis of component, business function, deployment model, organization size and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of components, the embedded analytics market has been segmented into
• Software
• Services.

On the basis of business function, embedded analytics market is segmented into
• Information Technology,
• Marketing And Sales,
• Finance,
• Production,
• Human Resources
• Others.

On the basis of deployment model, embedded analytics market is segmented into
• On-premises
• On-demand.

On the basis of organization size, embedded analytics market is segmented into
• Small
• Medium-sized enterprises
• Large enterprises.

On the basis of industry, embedded analytics market is segmented into
• Banking,
• Financial services,
• Insurance,
• Healthcare and life sciences,
• Manufacturing,
• Retail and consumer goods,
• Energy and utilities,
• Telecommunications and it,
• Transportation and logistics,
• Government and defense,
• Media and entertainment
• Others.

Competitive Landscape and Embedded Analytics Market Share Analysis

The embedded analytics market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the embedded analytics market.

Some of the major players operating in the embedded analytics market are

• Microsoft,
• IBM,
• SAS Institute Inc.,
• Oracle,
• Microstrategy Inc.,
• Tableau Software LLC,
• Birst Inc.,
• Logi Analytics,
• Qliktech International AB,
• Sisense Inc.,
• IBI,
• Open Text Corporation,
• Belladata,
• Gooddata Corporation
• Hitachi Vantara LLC
• Among others.

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