Global Product Analytics Market to Reach $60.9 Billion by 2030
The global market for Product Analytics estimated at US$19.4 Billion in the year 2023, is expected to reach US$60.9 Billion by 2030, growing at a CAGR of 17.8% over the period 2023-2030. Product Analytics Solutions, one of the segments analyzed in the report, is expected to record 18.8% CAGR and reach US$42.5 Billion by the end of the analysis period. Growth in the Product Analytics Services segment is estimated at 15.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 17.3% CAGR
The Product Analytics market in the U.S. is estimated at US$6.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.6 Billion by the year 2030 trailing a CAGR of 17.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.5% and 14.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.
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