Market Overview:
The global cloud analytics market is expected to grow at a CAGR of 21.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for big data and analytics services, growing adoption of cloud-based solutions by small and medium-sized businesses (SMBs), and rising need for real-time insights across industries. Based on type, the global cloud analytics market is segmented into public cloud, private cloud, hybrid cloud, and community cloud. The public Cloud segment is expected to hold the largest share of the global Cloud Analytics Market in 2018. This can be attributed to factors such as low cost of ownership, easy scalability & flexibility, and pay-as-you go pricing model offered by public clouds providers such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), IBM Bluemix Watson Studio etc. Based on application type, SMBs are expected to account for a larger share of the global Cloud Analytics Market in 2018 than large enterprises due to their growing need for big data & advanced analytics services that can help them make better business decisions.
Product Definition:
Cloud analytics is the process of analyzing data that is stored in the cloud. The purpose of cloud analytics is to gain insights into how customers are using the cloud, which services are most popular, and how to improve customer experiences. Cloud analytics can also be used to improve internal processes by identifying bottlenecks and areas for improvement.
Public Cloud:
Public cloud is a type of cloud computing that offers shared resources, software, and hardware between numerous users over the internet. It is also known as consumer cloud or shared cloud. The major benefit of public clouds is that they are cost-effective; however, it requires technical expertise to manage the complex systems resulting in high costs for support & maintenance services.
Private Cloud:
Private cloud is a type of cloud computing that offers more control and privacy than public clouds. Private clouds are also known as “zero-government” or “stateless” cloud, which means there is no single point of control or failure like in case of public clouds where the government can mandate data storage. In private/zero-government cloud, companies store their data on their own servers and make it available to employees only when required for performing work.
Application Insights:
The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The large enterprise customers require a robust set of analytics capabilities to manage and understand their data, identify patterns, and make meaningful predictions about future events based on historical data. Cloud-based solutions offer various benefits including cost-effectiveness, scalability, flexibility, mobility across different devices (PCs/laptops & tablets), real-time insights into operations for improved decision making leading to increased adoption among large enterprises.
Small and medium-sized businesses (SMBs) are projected to be the fastest growing segment at a CAGR of XX% from 2018 to 2030 owing to increasing penetration cloud services among SMBs as they can easily afford the service fees charged by vendors offering these solutions.
Regional Analysis:
North America is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to various factors such as increasing government initiatives, technological advancements, and demand for real-time data among others. For instance, in September 2017, the U.S Department of Health & Human Services launched a cloud computing service called “HIPPA Cloud†that provides secure access to healthcare information for doctors and patients across devices without any cost restriction. This initiative is expected to increase awareness regarding cloud analytics among users thereby boosting the market growth in North America region during the forecast period.
The Asia Pacific region accounted for more than 25% revenue share in 2016 owing to increasing investments by governments and enterprises towards digitalization of businesses coupled with rapid adoption of internet services particularly in India China Australia New Zealand (ACINZ) countries which are anticipated to drive industry expansion over next eight years till 2030 timeframe.
Growth Factors:
- Increased demand for big data and analytics services due to the growth of digital businesses.
- The need for organizations to make better decisions faster, with improved agility and scalability is fueling the adoption of cloud-based analytics solutions.
- Rapid deployment and lower total cost of ownership are also among the top reasons why enterprises are moving to cloud-based analytics solutions.
- Growing demand from SMBs for affordable, yet sophisticated big data and analytics tools is also contributing significantly to market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Analytics Market Research Report
By Type
Public Cloud, Private Cloud, Hybrid Cloud, Community Cloud
By Application
Small and Medium-Sized Business, Large Enterprises
By Companies
SAP SE, Oracle, Microsoft, IBM, Teradata Corporation, Google Incorporation, Hewlett-Packard, SAS Institute Inc., Tableau Software, Microstrategy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Analytics Market Report Segments:
The global Cloud Analytics market is segmented on the basis of:
Types
Public Cloud, Private Cloud, Hybrid Cloud, Community Cloud
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium-Sized Business, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP SE
- Oracle
- Microsoft
- IBM
- Teradata Corporation
- Google Incorporation
- Hewlett-Packard
- SAS Institute Inc.
- Tableau Software
- Microstrategy
Highlights of The Cloud Analytics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Community Cloud
- By Application:
- Small and Medium-Sized Business
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Analytics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud analytics is the process of analyzing data collected from cloud-based applications and services. This analysis can help organizations understand how their users are using their applications, identify problems early, and make better decisions about product development.
Some of the major players in the cloud analytics market are SAP SE, Oracle, Microsoft, IBM, Teradata Corporation, Google Incorporation, Hewlett-Packard, SAS Institute Inc., Tableau Software, Microstrategy.
The cloud analytics market is expected to register a CAGR of 21.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Analytics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Analytics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Analytics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Analytics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Analytics Market Size & Forecast, 2020-2028
4.5.1 Cloud Analytics Market Size and Y-o-Y Growth
4.5.2 Cloud Analytics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Public Cloud
5.2.2 Private Cloud
5.2.3 Hybrid Cloud
5.2.4 Community Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium-Sized Business
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Analytics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Analytics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Public Cloud
9.6.2 Private Cloud
9.6.3 Hybrid Cloud
9.6.4 Community Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium-Sized Business
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Public Cloud
10.6.2 Private Cloud
10.6.3 Hybrid Cloud
10.6.4 Community Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium-Sized Business
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Public Cloud
11.6.2 Private Cloud
11.6.3 Hybrid Cloud
11.6.4 Community Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium-Sized Business
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Public Cloud
12.6.2 Private Cloud
12.6.3 Hybrid Cloud
12.6.4 Community Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium-Sized Business
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Public Cloud
13.6.2 Private Cloud
13.6.3 Hybrid Cloud
13.6.4 Community Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium-Sized Business
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Analytics Market: Competitive Dashboard
14.2 Global Cloud Analytics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP SE
14.3.2 Oracle
14.3.3 Microsoft
14.3.4 IBM
14.3.5 Teradata Corporation
14.3.6 Google Incorporation
14.3.7 Hewlett-Packard
14.3.8 SAS Institute Inc.
14.3.9 Tableau Software
14.3.10 Microstrategy
