NEW YORK , Sept. 24, 2024 /PRNewswire/ -- Report on how AI is driving market transformation- The global analytics market size is estimated to grow by USD 286.5 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 15.06% during the forecast period. Growing availability and complexity of data is driving market growth, with a trend towards growing advances in nlp, ml, and ai technologies.
However, data privacy and security concerns poses a challenge. Key market players include Accenture Plc, Alphabet Inc., Amazon.
com Inc., Dell Technologies Inc., Infor Inc.
, Informatica Inc., Infosys Ltd., International Business Machines Corp.
, Open Text Corporation, Microsoft Corp., MicroStrategy Inc., Oracle Corp.
, QlikTech international AB, Salesforce Inc., SAP SE, SAS Institute Inc., TIBCO Software Inc.
, Wipro Ltd., and WNS Holdings Ltd..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Analytics Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 15.06% Market growth 2024-2028 USD 286.
5 billion Market structure Fragmented YoY growth 2022-2023 (%) 13.27 Regional analysis North America, Europe, APAC, Middle East and Africa, and South America Performing market contribution North America at 30% Key countries US, China, UK, Germany, and India Key companies profile.