The cloud analytics market is expected to grow USD 21.50 billion in 2020 to USD 94.64 billion by 2028, at a CAGR of 20.35% during the forecast period 2021-2028.
Cloud analytics encircles any data analytics or company intelligence performed on a cloud with a service provider. Cloud analytics businesses assist enterprises in scale quickly by decreasing the expenses & administrative responsibility of on-premises hardware. It works by a software system that is entertained on an Internet platform. The methods run on servers in a data core. Cloud analytics instruments have characteristics that comprise data reporting, storage, ingestion, and analysis. It is frequently associated with deep learning (DL), artificial intelligence (AI), and machine learning (ML).
The factors driving the market are increasing data connectivity through hybrid & multi-cloud environments, the increasing trend of the massive rise in big data, the cost benefits of cloud-based analytics solutions, growing demand for an effective, flexible, and reliable data storage platform, increasing penetration of software-as-a-service (SaaS) among businesses, the exponential growth of unstructured & structured data, and increasing availability of cloud-based solutions at affordable prices. The factors restraining the market growth are the security & privacy concerns for confidential data, global economic slowdown, and influence of COVID-19. The opportunities for market growth are the lack of in-house IT expertise and increasing dependency upon artificial intelligence and machine learning. The challenges for the market growth are the conventional data warehouse and difficulties in operating input/output-intensive applications.
This study delivers a comprehensive analysis of deployment mode, solution, organization size, end-user, and region. The deployment mode segment includeshybrid cloud, private cloud, and public cloud. The public cloud segment held the largest market share in the year 2020, owing to the cheaper expenses & bandwidth efficiency given by public cloud servers. Additionally, the public cloud model is accommodated to meet the collaborative requirements of businesses and offer rapid flexibility & seamless scalability with the ability to consume resources across a pay-per-use base. The solution segment includes hosted data warehouse solutions, cloud BI tools, and analytics solutions. The analytics solutions segment held the largest market share in the year 2020, owing to the rising demand for the dashboards given by different players that help companies retain clients & recognize new possibilities for future growth. The organization size segment includes large enterprises and SMEs. The large enterprises segment held the largest market share in the year 2020, owing to the capability of the cloud to accommodate data from any channel from any source. The end-user segment includes BFSI, healthcare, media and entertainment, research and education, government, manufacturing, retail, human resources and legal, and others. The BFSI segment held the largest market share in the year 2020, owing to the increasing adoption of advanced economic analytics solutions by leading industries running in the BFSI vertical due to improved regulatory assent methods.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share due to industrialization and the increasing use of software solutions in business activities. The Asia Pacific is expected to witness significant growth, owing to the rapidly expanding industrial sectors & flourishing economy. Besides, another factor propelling is the data hubs opened through key vendors & demand generated by innovative & new technology in the market. The enhancement in bandwidth & connectivity will further stimulate the industry's growth.
Some of the notable players in the market areOracle Corporation, SAP SE, IBM Corporation, Microsoft Corporation, Google Incorporation, Teradata Corporation, Tableau Software, Hewlett-Packard, Microstrategy, Rackspace, SAS Institute Inc., Vmware, Inc., Teradata among others.
Cloud Analytics Market Analysis and Forecast, Deployment Mode
Cloud Analytics Market Analysis and Forecast, Solution
Cloud Analytics Market Analysis and Forecast, Organization Size
Cloud Analytics Market Analysis and Forecast, End-User
Cloud Analytics Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Deployment Mode
4.3.2. Market Attractiveness Analysis By Solution
4.3.3. Market Attractiveness Analysis By Organization Size
4.3.4. Market Attractiveness Analysis By End-User
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Cost benefits of cloud-based analytics solutions
5.2.2. Growing trend of digitalization and massive rise in big data
5.3. Restraints
5.3.1. Security and privacy concerns for confidential data
5.4. Opportunities
5.4.1. Insufficient in-house expertise and equipment
5.5. Challenges
5.5.1. Difficulties in running input/output-intensive applications
5.5.2. Traditional data warehouses
6. Global Cloud Analytics Market Analysis and Forecast, By Deployment Mode
6.1. Segment Overview
6.2. Hybrid Cloud
6.3. Private Cloud
6.4. Public Cloud
7. Global Cloud Analytics Market Analysis and Forecast, By Solution
7.1. Segment Overview
7.2. Hosted Data Warehouse Solutions
7.3. Cloud BI Tools
7.4. Analytics Solutions
8. Global Cloud Analytics Market Analysis and Forecast, By Organization Size
8.1. Segment Overview
8.2. Large Enterprises
8.3. SMEs
9. Global Cloud Analytics Market Analysis and Forecast, By End-User
9.1. Segment Overview
9.2. BFSI
9.3. Healthcare
9.4. Media and Entertainment
9.5. Research and Education
9.6. Government
9.7. Manufacturing
9.8. Retail
9.9. Human Resources and Legal
9.10. Others
10. Global Cloud Analytics Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Cloud Analytics Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Cloud Analytics Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Oracle Corporation
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. SAP SE
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. IBM Corporation
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Microsoft Corporation
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Google Incorporation
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Teradata Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Tableau Software
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Hewlett-Packard
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Microstrategy
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Rackspace
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. SAS Institute Inc.
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Vmware, Inc
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
12.13. Teradata
12.13.1. Business Overview
12.13.2. Company Snapshot
12.13.3. Company Market Share Analysis
12.13.4. Company Product Portfolio
12.13.5. Recent Developments
12.13.6. SWOT Analysis
List of Table
1. Global Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
2. Global Hybrid Cloud, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
3. Global Private Cloud, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
4. Global Public Cloud, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
5. Global Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
6. Global Hosted Data Warehouse Solutions, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
7. Global Cloud BI Tools, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
8. Global Analytics Solutions, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
9. Global Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
10. GlobalLarge Enterprises, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
11. Global SMEs, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
12. Global Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
13. Global BFSI, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
14. Global Healthcare, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
15. Global Media and Entertainment, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
16. Global Research and Education, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
17. Global Government, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
18. Global Manufacturing, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
19. Global Retail, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
20. Global Human Resources and Legal, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
21. Global Others, Cloud Analytics Market, By Region, 2021-2028 (USD Billion)
22. North America Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
23. North America Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
24. North America Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
25. North America Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
26. U.S. Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
27. U.S. Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
28. U.S. Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
29. U.S. Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
30. Canada Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
31. Canada Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
32. Canada Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
33. Canada Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
34. Mexico Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
35. Mexico Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
36. Mexico Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
37. Mexico Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
38. Europe Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
39. Europe Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
40. Europe Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
41. Europe Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
42. Germany Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
43. Germany Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
44. Germany Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
45. Germany Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
46. France Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
47. France Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
48. France Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
49. France Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
50. U.K. Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
51. U.K. Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
52. U.K. Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
53. U.K. Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
54. Italy Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
55. Italy Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
56. Italy Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
57. Italy Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
58. Spain Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
59. Spain Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
60. Spain Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
61. Spain Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
62. Asia Pacific Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
63. Asia Pacific Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
64. Asia Pacific Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
65. Asia Pacific Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
66. Japan Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
67. Japan Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
68. Japan Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
69. Japan Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
70. China Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
71. China Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
72. China Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
73. China Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
74. India Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
75. India Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
76. India Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
77. India Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
78. South America Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
79. South America Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
80. South America Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
81. South America Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
82. Brazil Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
83. Brazil Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
84. Brazil Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
85. Brazil Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
86. Middle East and Africa Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
87. Middle East and Africa Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
88. Middle East and Africa Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
89. Middle East and Africa Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
90. UAE Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
91. UAE Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
92. UAE Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
93. UAE Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
94. South Africa Cloud Analytics Market, By Deployment Mode, 2021-2028 (USD Billion)
95. South Africa Cloud Analytics Market, By Solution, 2021-2028 (USD Billion)
96. South Africa Cloud Analytics Market, By Organization Size, 2021-2028 (USD Billion)
97. South Africa Cloud Analytics Market, By End-User, 2021-2028 (USD Billion)
List of Figures
1. Global Cloud Analytics Market Segmentation
2. Global Cloud Analytics Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Cloud Analytics Market Attractiveness Analysis By Deployment Mode
9. Global Cloud Analytics Market Attractiveness Analysis By Solution
10. Global Cloud Analytics Market Attractiveness Analysis By Organization Size
11. Global Cloud Analytics Market Attractiveness Analysis By End-User
12. Global Cloud Analytics Market Attractiveness Analysis By Region
13. Global Cloud Analytics Market: Dynamics
14. Global Cloud Analytics Market Share By Deployment Mode (2021 & 2028)
15. Global Cloud Analytics Market Share By Solution (2021 & 2028)
16. Global Cloud Analytics Market Share By Organization Size (2021 & 2028)
17. Global Cloud Analytics Market Share By End-User (2021 & 2028)
18. Global Cloud Analytics Market Share By Regions (2021 & 2028)
19. Global Cloud Analytics Market Share By Company (2020)
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