Global Data Analytics Tools Market by Type (On-premise, Installed, Mobile, Web-Based Platform), By Application (SMEs, Large Organizations) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global data analytics tools market is expected to grow from USD 9.02 billion in 2018 to USD 21.01 billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of the data analytics tools market can be attributed to the increasing demand for big data and advanced analytics solutions across industries, growing need for real-time insights and decision making, and rising trend of cloud-based deployments. However, lack of skilled workforce is one of the major factors restraining the growth of this market. Based on type, the global data analytics tools market is segmented into on-premise, installed, mobile, and web-based platform segments. The on-premise segment is expected to hold a larger share in terms of revenue than other types during the forecast period.



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Product Definition:

Data analytics tools are used to process and analyze data in order to help organizations make better decisions. The importance of data analytics tools is that they can help organizations improve their operations by providing them with insights into how customers behave, what products are selling well, and where money can be saved.

On-premise, Installed, Mobile:

On-premise, Installed, Mobile are the major deployment types of data analytics tools. In 2016, on-premise was the dominant segment owing to high investments in IT infrastructure and a large number of organizations using on-premises software.

Web-Based Platform:

The web-based platform is a collection of software and tools that provides an environment for analysis, reporting, and visualization of data. It is used to access data from various sources over the internet. The term “web-based” as used in this context does not necessarily mean that the entire system has to be accessed through a web browser; it can also be deployed on different platforms such as mobile devices or desktop computers.

Application Insights:

The Small and Medium-sized Enterprises (SMEs) segment held the largest market share in 2017. The global data analytics tools are widely used by SMEs as they offer easy access to a wide range of business insights. These companies require only basic IT infrastructure and can be deployed on low budget as compared to large organizations. Deploying an enterprise data analytics solution from a large organization would require extensive planning, development, testing, implementation and maintenance costs which may not be feasible for SMEs. Thus, these solutions are preferred by most of the small businesses over others since they offer more flexibility along with advanced features than their counterparts do in Large Organizations segment.

Regional Analysis:

North America dominated the global data analytics tools market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing investments in big data, IoT, and cloud technologies along with growing adoption of advanced business intelligence solutions by companies such as IBM Corporation; Microsoft Corporation; SAS Institute Inc.; Cloudera Inc.; and Tableau Software Inc. Moreover, rising demand for real-time insights has led to increased adoption of visualization tools such as dashboards and reports by enterprises for better decision making processes which is further fueling growth across this region.

Growth Factors:

Increasing demand for data-driven decision making: The need for timely and accurate insights into business operations is driving the demand for data analytics tools. Organizations are looking to make better use of the vast amounts of data they generate and capture to improve their performance.
Proliferation of big data: The growth of big data is fueling the demand for data analytics tools as these solutions are essential for extracting value from large and complex datasets. With more businesses moving to cloud-based architectures, there is an increasing need for solutions that can manage and analyze massive volumes of unstructured data quickly and effectively.
Emergence of self-service analytics: A growing number of businesses are adopting self-service analytics, which allows users to access analytical capabilities without having to rely on IT or other specialized resources. This has led to a surge in the popularity of point-and-click tools that allow users to easily create charts, graphs, and dashboards without any programming skills required.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Data Analytics Tools Market Research Report
By Type
On-premise, Installed, Mobile, Web-Based Platform
By Application
SMEs, Large Organizations
By Companies
Zoho Analytics, WebFOCUS, Minitab, MATLAB, Domo, Looker, Sisense, Qlik Sense, IBM Cognos Analytics, Stata, GoodData, XLSTAT, NVivo, Birst, Toucan Toco, Google Analytics, Yellowfin, SpotIQ, Visitor Analytics, Cluvio, QueryStorm, Clootrack, CheckPOS Performance
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.

Global Data Analytics Tools Market Report Segments:
The global Data Analytics Tools market is segmented on the basis of:
Types
On-premise, Installed, Mobile, Web-Based Platform
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
SMEs, Large Organizations
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:
Zoho Analytics
WebFOCUS
Minitab
MATLAB
Domo
Looker
Sisense
Qlik Sense
IBM Cognos Analytics
Stata
GoodData
XLSTAT
NVivo
Birst
Toucan Toco
Google Analytics
Yellowfin
SpotIQ
Visitor Analytics
Cluvio
QueryStorm
Clootrack
CheckPOS Performance



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Highlights of The Data Analytics Tools 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:
On-premise, Installed, Mobile
Web-Based Platform
By Application:
SMEs
Large Organizations
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 Data Analytics Tools 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.
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Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
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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

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