Embedded Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Embedded Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Embedded Analytics Market

The embedded analytics market size was valued at USD 15.25 billion in 2022, and the market is now projected to grow from USD 17.28 billion in 2023 to USD 55.54 billion by 2030, exhibiting a CAGR of 18.2% during the forecast period of 2023-2030.

COVID-19 brought forward the digital evolution of sectors by changing the employees, customers, and supply chain interactions online. As a result of loss making and negative experiences, managerial discourses emphasized the activity of data analysis for the creation of improved futures. Incorporation of data and analytical techniques in the flow of business activities has advantages for commercial expansion This paper establishes that organizations need to understand and respond to the requirements of customers in processes at the operation level.

The work shows that enterprises must design operator interfaces that go beyond graphs and need to develop solutions that are tailored to the users. As there are more diverse consumers of data, such internal applications have become more dynamic and sophisticated. This evolution brings improvements on the users’ side and guarantees that the information being collected and analyzed is used. As a result, the requirements of the organizations can be met and enhance different decision-making activities and organizational performance.

AI and ML are already introducing self-service into some processes, including data collection and data cleansing, as well as exploring ways to automate the generation of analytical visuals. These technologies help an organization to minimize a large workforce required in the managing and analyzing of information. This automation is not only more efficient as well but it also provides better results and faster decision making. Therefore, enterprises direct their human resources to value creation activities while leveraging AI and ML in handling control activities based on analytical work.

Comprehensive Analysis of Embedded Analytics Market

The embedded analytics market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by deployment analysis, by enterprise type analysis, by application analysis, and by end-user analysis. By deployment analysis include cloud and on-premise. By enterprise type analysis include SMEs (Small and Medium-sized Enterprises) and large enterprises. By application analysis include ERP/CRM, supply chain management, sales and marketing, logistics and delivery, and others (production planning and performance management). By end-user analysis include IT & telecommunications, retail, and consumer goods, BFSI, manufacturing, healthcare, and others (government and security).

The North America region lead the embedded analytics market share by benefitting a market size of USD 4.96 billion in 2022 due to advanced technologies and solutions.

The top players in the markets have a central responsibility in the information & communication technology industry to be sure of industrial prospectus development and to establish the market norms. These players include, TABLEAU SOFTWARE, LLC, Qlik, Reveal, Toucan, Oracle, SAP, MICROSTRATEGY INCORPORATED, IBM, Looker (Google), Microsoft these market players provide a level-playing competitive landscape.

In September 2023, Syspro launched SYSPRO 8, an ERP software featuring enhanced predictive capabilities, seamless automation, improved warehouse functionality, and better-quality control through SYSPRO Embedded Analytics.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2017-2021

Growth Rate CAGR of 18.2% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Deployment

Cloud

On-premise

By Enterprise Type

SMEs

Large Enterprises

By Application

ERP/CRM

Supply Chain Management

Sales and Marketing

Logistics and Delivery

Others (Production Planning and Performance Management)

By End-user

IT & Telecommunications

Retail and Consumer Goods

BFSI

Manufacturing

Healthcare

Others (Government and Security)

By Region

North America (By Deployment, By Enterprise Type, By Application, By End-user, and By Country)

U.S. (By End-user)

Canada (By End-user)

Mexico (By End-user)

Europe (By Deployment, By Enterprise Type, By Application, By End-user, and By Country)

U.K. (By End-user)

Germany (By End-user)

France (By End-user)

Italy (By End-user)

Spain (By End-user)

Russia (By End-user)

Benelux (By End-user)

Nordics (By End-user)

Rest of Europe

Asia Pacific (By Deployment, By Enterprise Type, By Application, By End-user, and By Country)

China (By End-user)

Japan (By End-user)

India (By End-user)

South Korea (By End-user)

ASEAN (By End-user)

Oceania (By End-user)

Rest of the Asia Pacific

Middle East & Africa (By Deployment, By Enterprise Type, By Application, By End-user, and By Country)

Turkey (By End-user)

Israel (By End-user)

GCC (By End-user)

North Africa (By End-user)

South Africa (By End-user)

Rest of the Middle East & Africa

South America (By Deployment, By Enterprise Type, By Application, By End-user, and By Country)

Brazil (By End-user)

Argentina (By End-user)

Rest of South America


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