Financial Analytics Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	170 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224349

Best Price Guarantee
Price	from $4,850
Length	170 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224349

Financial Analytics Market

Growth Factors of Financial Analytics Market

The financial analytics market size was valued at USD 8.78 billion in 2023, and the market is now projected to grow from USD 9.68 billion in 2024 to USD 23.04 billion by 2032, exhibiting a CAGR of 11.54% during the forecast period of 2024-2032.

The pandemic notably impacted global financial analytics market growth, main to intense volatility and disruptions in numerous industries. This has emphasized the demand for deeper virtual technology integration to survive the uncertain business surroundings. As a result, adoption of financial analytics is anticipated to increase hastily at some stage in the forecast length.

Predictive analytics is a critical tool for companies to research economic facts and predict future outcomes. As monetary conditions emerge as more complex and unreliable, it will assist decision-makers respond more correctly. This will push enterprise growth, specifically in finance features. The enterprise is also anticipated to grow because of stricter regulatory environments, requiring corporations to conform with criminal and moral boundaries to operate successfully.

Data-driven enterprise decision-making is gaining momentum because it helps groups stay competitive and reduces the risk of biased or subjective judgments. Financial analytics gear allows greater informed and proof-based selections. A 2022 survey through S&P Global showed that 25% of respondents believe almost all their selections are driven with the aid of statistics, while 44% trust most are.

Comprehensive Analysis of Financial Analytics Market

The financial analytics market is categorized into various applications such as revenues management, expenses management, audit & compliance, wealth management, customer and product profitability, and portfolio management. The audit & compliance segment is expected to grow at the highest CAGR due to the increasing complexity of auditing and compliance regulations worldwide. The revenues management segment is expected to hold the largest market share, as it helps businesses understand better resource management and create sustainable strategies. Organizations are increasingly adopting cloud-based financial analytics solutions due to cost savings and better data recovery. The market is divided into small and medium-sized enterprises (SMEs) and large enterprises, with SMEs experiencing the highest CAGR growth due to digitalization and technological advancements, while large enterprises hold the largest market share due to data-driven decision-making and strategic planning. The BFSI sector is expected to show the fastest CAGR due to its rapid growth and adoption of Big Data technologies.

The North America region lead the financial analytics market share by benefitting a market size of USD 2.99 billion in 2023 due to established players, increased adoption of Business Intelligence tools, stringent regulatory compliance, and technological advancements. The U.S. has maintained its leadership due to digitization, while acquisitions, collaborations, and partnerships by key regional players contribute to market growth.

Major companies like Alteryx, TABLEAU SOFTWARE, LLC, QlikTech International AB, and S&P Global dominate the marketplace, expanding through mergers, product launches, acquisitions, partnerships, and collaborations. Key companies profiled include SAP SE, Fractal Analytics Inc., Globalx, Capgemini, IBM Corporation, Acceleration, and Microsoft Corporation.

In June 2023, MicroStrategy, a commercial enterprise intelligence software program employer, partnered with Microsoft to integrate its advanced analytics solutions with Microsoft's Azure OpenAl Service, allowing establishments to absolutely make use of their statistics.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019 - 2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024 – 2032

Historical Period 2019 - 2022

Growth Rate CAGR of 11.5% from 2024 to 2032

Unit Value (USD billion)

Segmentation By Application

Revenues Management
Expenses Management
Audit & Compliance
Wealth Management
Customer and Product Profitability
Portfolio Management
Others (Cash Flow Management)

By Deployment Model

On-premises
Cloud

By Enterprise Type

Small and Medium-sized Enterprises
Large Enterprises

By Industry

Healthcare
BFSI
Retail and Consumer Goods
Energy & Power
IT & Telecom
Automotive and Manufacturing
Others (Aviation, Government)

By Region

North America
U.S. (By Industry)
Canada (By Industry)
Mexico (By Industry)
South America
Brazil (By Industry)
Argentina (By Industry)
Rest of South America
Europe
U.K. (By Industry)
Germany (By Industry)
France (By Industry)
Italy (By Industry)
Spain (By Industry)
Russia (By Industry)
Benelux (By Industry)
Nordics (By Industry)
Rest of Europe
Middle East & Africa
Turkey (By Industry)
Israel (By Industry)
GCC (By Industry)
North Africa (By Industry)
South Africa (By Industry)
Rest of Middle East & Africa
Asia Pacific
China (By Industry)
India (By Industry)
Japan (By Industry)
South Korea (By Industry)
ASEAN (By Industry)
Oceania (By Industry)
Rest of Asia Pacific

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1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Financial Analytics Key Players Market Share/Ranking, 2023
5. Global Financial Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Application (USD); 5.2.1. Revenues Management; 5.2.2. Expenses Management; 5.2.3. Audit & Compliance; 5.2.4. Wealth Management; 5.2.5. Customer and Product Profitability; 5.2.6. Portfolio Management; 5.2.7. Others (Cash Flow Management, etc.); 5.3. By Deployment Model (USD); 5.3.1. On-premises; 5.3.2. Cloud; 5.4. By Enterprise Type (USD); 5.4.1. Small and Medium-sized Enterprises; 5.4.2. Large Enterprises; 5.5. By Industry (USD); 5.5.1. Healthcare; 5.5.2. BFSI; 5.5.3. Retail and Consumer Goods; 5.5.4. Energy & Power; 5.5.5. IT & Telecom; 5.5.6. Automotive and Manufacturing; 5.5.7. Others (Aviation, Government, etc.); 5.6. By Region (USD); 5.6.1. North America; 5.6.2. South America; 5.6.3. Europe; 5.6.4. Middle East & Africa; 5.6.5. Asia Pacific
6. North America Financial Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Application (USD); 6.2.1. Revenues Management; 6.2.2. Expenses Management; 6.2.3. Audit & Compliance; 6.2.4. Wealth Management; 6.2.5. Customer and Product Profitability; 6.2.6. Portfolio Management; 6.2.7. Others (Cash Flow Management, etc.); 6.3. By Deployment Model (USD); 6.3.1. On-premises; 6.3.2. Cloud; 6.4. By Enterprise Type (USD); 6.4.1. Small and Medium-sized Enterprises; 6.4.2. Large Enterprises; 6.5. By Industry (USD); 6.5.1. Healthcare; 6.5.2. BFSI; 6.5.3. Retail and Consumer Goods; 6.5.4. Energy & Power; 6.5.5. IT & Telecom; 6.5.6. Automotive and Manufacturing; 6.5.7. Others (Aviation, Government, etc.); 6.6. By Country (USD); 6.6.1. United States; 6.6.1.1. By Industry; 6.6.2. Canada; 6.6.2.1. By Industry; 6.6.3. Mexico; 6.6.3.1. By Industry
7. South America Financial Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Application (USD); 7.2.1. Revenues Management; 7.2.2. Expenses Management; 7.2.3. Audit & Compliance; 7.2.4. Wealth Management; 7.2.5. Customer and Product Profitability; 7.2.6. Portfolio Management; 7.2.7. Others (Cash Flow Management, etc.); 7.3. By Deployment Model (USD); 7.3.1. On-premises; 7.3.2. Cloud; 7.4. By Enterprise Type (USD); 7.4.1. Small and Medium-sized Enterprises; 7.4.2. Large Enterprises; 7.5. By Industry (USD); 7.5.1. Healthcare; 7.5.2. BFSI; 7.5.3. Retail and Consumer Goods; 7.5.4. Energy & Power; 7.5.5. IT & Telecom; 7.5.6. Automotive and Manufacturing; 7.5.7. Others (Aviation, Government, etc.); 7.6. By Country (USD); 7.6.1. Brazil; 7.6.1.1. By Industry; 7.6.2. Argentina; 7.6.2.1. By Industry; 7.6.3. Rest of South America
8. Europe Financial Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Application (USD); 8.2.1. Revenues Management; 8.2.2. Expenses Management; 8.2.3. Audit & Compliance; 8.2.4. Wealth Management; 8.2.5. Customer and Product Profitability; 8.2.6. Portfolio Management; 8.2.7. Others (Cash Flow Management, etc.); 8.3. By Deployment Model (USD); 8.3.1. On-premises; 8.3.2. Cloud; 8.4. By Enterprise Type (USD); 8.4.1. Small and Medium-sized Enterprises; 8.4.2. Large Enterprises; 8.5. By Industry (USD); 8.5.1. Healthcare; 8.5.2. BFSI; 8.5.3. Retail and Consumer Goods; 8.5.4. Energy & Power; 8.5.5. IT & Telecom; 8.5.6. Automotive and Manufacturing; 8.5.7. Others (Aviation, Government, etc.); 8.6. By Country (USD); 8.6.1. United Kingdom; 8.6.1.1. By Industry; 8.6.2. Germany; 8.6.2.1. By Industry; 8.6.3. France; 8.6.3.1. By Industry; 8.6.4. Italy; 8.6.4.1. By Industry; 8.6.5. Spain; 8.6.5.1. By Industry; 8.6.6. Russia; 8.6.6.1. By Industry; 8.6.7. Benelux; 8.6.7.1. By Industry; 8.6.8. Nordics; 8.6.8.1. By Industry; 8.6.9. Rest of Europe
9. Middle East & Africa Financial Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Application (USD); 9.2.1. Revenues Management; 9.2.2. Expenses Management; 9.2.3. Audit & Compliance; 9.2.4. Wealth Management; 9.2.5. Customer and Product Profitability; 9.2.6. Portfolio Management; 9.2.7. Others (Cash Flow Management, etc.); 9.3. By Deployment Model (USD); 9.3.1. On-premises; 9.3.2. Cloud; 9.4. By Enterprise Type (USD); 9.4.1. Small and Medium-sized Enterprises; 9.4.2. Large Enterprises; 9.5. By Industry (USD); 9.5.1. Healthcare; 9.5.2. BFSI; 9.5.3. Retail and Consumer Goods; 9.5.4. Energy & Power; 9.5.5. IT & Telecom; 9.5.6. Automotive and Manufacturing; 9.5.7. Others (Aviation, Government, etc.); 9.6. By Country (USD); 9.6.1. Turkey; 9.6.1.1. By Industry; 9.6.2. Israel; 9.6.2.1. By Industry; 9.6.3. GCC; 9.6.3.1. By Industry; 9.6.4. North Africa; 9.6.4.1. By Industry; 9.6.5. South Africa; 9.6.5.1. By Industry; 9.6.6. Rest of MEA
10. Asia Pacific Financial Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Application (USD); 10.2.1. Revenues Management; 10.2.2. Expenses Management; 10.2.3. Audit & Compliance; 10.2.4. Wealth Management; 10.2.5. Customer and Product Profitability; 10.2.6. Portfolio Management; 10.2.7. Others (Cash Flow Management, etc.); 10.3. By Deployment Model (USD); 10.3.1. On-premises; 10.3.2. Cloud; 10.4. By Enterprise Type (USD); 10.4.1. Small and Medium-sized Enterprises; 10.4.2. Large Enterprises; 10.5. By Industry (USD); 10.5.1. Healthcare; 10.5.2. BFSI; 10.5.3. Retail and Consumer Goods; 10.5.4. Energy & Power; 10.5.5. IT & Telecom; 10.5.6. Automotive and Manufacturing; 10.5.7. Others (Aviation, Government, etc.); 10.6. By Country (USD); 10.6.1. China; 10.6.1.1. By Industry; 10.6.2. India; 10.6.2.1. By Industry; 10.6.3. Japan; 10.6.3.1. By Industry; 10.6.4. South Korea; 10.6.4.1. By Industry; 10.6.5. ASEAN; 10.6.5.1. By Industry; 10.6.6. Oceania; 10.6.6.1. By Industry; 10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Alteryx; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not Application/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. TABLEAU SOFTWARE, LLC; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not Application/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. QlikTech International AB; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not Application/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. SAP SE; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not Application/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Fractal Analytics Inc.; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not Application/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. S&P Global; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not Application/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Capgemini; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not Application/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. IBM Corporation; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not Application/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. Accenture; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not Application/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. Microsoft Corporation; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not Application/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments
12. Key Takeaways