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Cloud Analytics Trends and Forecast
The future of the global cloud analytics market looks promising with opportunities in the public cloud, private cloud, and hybrid cloud markets. The global cloud analytics market is expected to reach an estimated $109.02 billion by 2030 with a CAGR of 22.0% from 2024 to 2030. The major drivers for this market are easy access and connectivity by business intelligence, integration of network infrastructures with software-defined networking, and rising of expanison for data connectivity via hybrid and multi-cloud environments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cloud Analytics by Segment
The study includes a forecast for the global cloud analytics by solution, deployment mode , end use industry, and region.
Cloud Analytics Market by Solution [Shipment Analysis by Value from 2018 to 2030]:
• Analytics Solutions
• Hosted Data Warehouse Solutions
• Cloud BI Tools
Cloud Analytics Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:
• Public Cloud
• Private Cloud
• Hybrid Cloud
Cloud Analytics Market by End Use Industry Industry [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• IT & Telecommunication
• Manufacturing
• Healthcare & Life Sciences
• Government
• Energy & Utilities
• Others
Cloud Analytics Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cloud Analytics Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud analytics companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud analytics companies profiled in this report include-
• Google
• SAS Institute
• Microsoft Corporation
• Amazon Web Services
• Teradata Corporation
• IBM Corporation
• Hewlett Packard Enterprise
• Globalsoft Private Limited
• SAP SE
• Tibco Software
Cloud Analytics Market Insights
Lucintel forecasts that analytics solutions is expected to witness highest growth over the forecast period due to the increasing demand for the dashboards provided by various vendors to identify new opportunities.
Within this market, hybrid cloud will remain the largest segment due to high focus on channelizing and harmonizing critical reference data.
North America is expected to witness highest growth over the forecast period due to high presence of vendors using AI and NLP technologies for various applications.
Features of the Global Cloud Analytics Market
Market Size Estimates: Cloud analytics market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cloud analytics market size by solution, deployment mode , end use industry, and region in terms of value ($B).
Regional Analysis: Cloud analytics market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different solution, deployment mode , end use industry, and regions for the cloud analytics market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud analytics market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the cloud analytics market size?
Answer: The global cloud analytics market is expected to reach an estimated $109.02 billion by 2030.
Q.2 What is the growth forecast for cloud analytics market?
Answer: The global cloud analytics market is expected to grow with a CAGR of 22.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the cloud analytics market?
Answer: The major drivers for this market are easy access and connectivity by business intelligence, integration of network infrastructures with software-defined networking and rising of expanison for data connectivity via hybrid and multi-cloud environments.
Q4. What are the major segments for cloud analytics market?
Answer: The future of the cloud analytics market looks promising with opportunities in the public cloud, private cloud, and hybrid cloud markets.
Q5. Who are the key cloud analytics market companies?
Answer: Some of the key cloud analytics companies are as follows:
• Google
• SAS Institute
• Microsoft Corporation
• Amazon Web Services
• Teradata Corporation
• IBM Corporation
• Hewlett Packard Enterprise
• Globalsoft Private Limited
• SAP SE
• Tibco Software
Q6. Which cloud analytics market segment will be the largest in future?
Answer: Lucintel forecasts that analytics solutions is expected to witness highest growth over the forecast period due to the increasing demand for the dashboards provided by various vendors to identify new opportunities.
Q7. In cloud analytics market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to high presence of vendors using AI and NLP technologies for various applications.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cloud analytics market by solution (analytics solutions, hosted data warehouse solutions, and cloud BI tools), deployment mode (public cloud, private cloud, and hybrid cloud), end use industry (BFSI, IT & telecommunication, manufacturing, healthcare & life sciences, government, energy & utilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cloud Analytics Market, Cloud Analytics Market Size, Cloud Analytics Market Growth, Cloud Analytics Market Analysis, Cloud Analytics Market Report, Cloud Analytics Market Share, Cloud Analytics Market Trends, Cloud Analytics Market Forecast, Cloud Analytics Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Cloud Analytics Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cloud Analytics Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cloud Analytics Market by Solution
3.3.1: Analytics Solutions
3.3.2: Hosted Data Warehouse Solutions
3.3.3: Cloud BI Tools
3.4: Global Cloud Analytics Market by Deployment Mode
3.4.1: Public Cloud
3.4.2: Private Cloud
3.4.3: Hybrid Cloud
3.5: Global Cloud Analytics Market by End Use Industry Industry
3.5.1: BFSI
3.5.2: IT & Telecommunication
3.5.3: Manufacturing
3.5.4: Healthcare & life sciences
3.5.5: Government
3.5.6: Energy & Utilities
3.5.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cloud Analytics Market by Region
4.2: North American Cloud Analytics Market
4.2.2: North American Cloud Analytics Market by Deployment Mode : Public Cloud, Private Cloud, and Hybrid Cloud
4.3: European Cloud Analytics Market
4.3.1: European Cloud Analytics Market by Solution: Analytics Solutions, Hosted Data Warehouse Solutions, and Cloud BI Tools
4.3.2: European Cloud Analytics Market by Deployment Mode : Public Cloud, Private Cloud, and Hybrid Cloud
4.4: APAC Cloud Analytics Market
4.4.1: APAC Cloud Analytics Market by Solution: Analytics Solutions, Hosted Data Warehouse Solutions, and Cloud BI Tools
4.4.2: APAC Cloud Analytics Market by Deployment Mode : Public Cloud, Private Cloud, and Hybrid Cloud
4.5: ROW Cloud Analytics Market
4.5.1: ROW Cloud Analytics Market by Solution: Analytics Solutions, Hosted Data Warehouse Solutions, and Cloud BI Tools
4.5.2: ROW Cloud Analytics Market by Deployment Mode : Public Cloud, Private Cloud, and Hybrid Cloud
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cloud Analytics Market by Solution
6.1.2: Growth Opportunities for the Global Cloud Analytics Market by Deployment Mode
6.1.3: Growth Opportunities for the Global Cloud Analytics Market by Region
6.2: Emerging Trends in the Global Cloud Analytics Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cloud Analytics Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cloud Analytics Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Google
7.2: SAS Institute
7.3: Microsoft Corporation
7.4: Amazon Web Services
7.5: Teradata Corporation
7.6: IBM CORPORATION
7.7: Hewlett Packard Enterprise
7.8: GlobalSoft Private Limited
7.9: SAP SE
7.10: TIBCO Software
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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