Embedded Analytics Market Drivers [2021-2031]
The Embedded Analytics Market is expected to register a CAGR of 17.3% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Solutions (Benchmarking, Dashboards and Data Visualization, Reporting, Self-Service), Departments (Marketing, Operations, Sales, Finance, Human Resources), Deployment Type (On - Premise and On - Cloud) and Industry Verticals (IT and Telecommunication, Retail and Consumer Goods, BFSI, Media and Entertainment, Healthcare, Government and Defense, Academia). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Embedded Analytics Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Embedded Analytics Market Segmentation
Solutions- Benchmarking
- Dashboards and Data Visualization
- Reporting
- Self-Service
- Marketing
- Operations
- Sales
- Finance
- Human Resources
- On - Premise and On - Cloud
- IT and Telecommunication
- Retail and Consumer Goods
- BFSI
- Media and Entertainment
- Healthcare
- Government and Defense
- Academia
Strategic Insights
Embedded Analytics Market Growth Drivers- Necessity for Better User Experience: Businesses are focusing on enhancing the user experience by incorporating analytics directly into their applications. Embedded analytics allows users to view their data insights without switching tools, streamlines workflows, and enhances productivity, thus the demand for these solutions increases.
- Enhances the Adoption of Cloud-Based Solutions: Cloud-based shifts and scalability, flexibility, cost-effectiveness, and even inorganically reducing the kind of infrastructural investment required to enable a firm to implement its own embedded analytics are leading the market.
- Integration of Advanced Technologies: Embedding the analytics with advanced technologies such as AI and ML is allowing improvement in its capabilities. Both enable the predictive analytics and automated insights, making it easier to analyze large datasets and deriving meaningful conclusions, thus leading to market growth.
- Ensuring Significant Focus on Data Visualization: The enhanced data visualization capabilities are emerging as the new trend in embedded analytics. In this regard, organizations will focus on intuitive and interactive visualizations that make complex data understandable to users, thereby allowing quick grasping of insights to make informed decisions.
- Technological Advancements in Monitoring and Reporting Tools: Emerging technologies like AI, IoT, and blockchain are revolutionizing emissions monitoring and reporting. These technologies provide more accurate, real-time data, and ensure transparency in emissions reporting. Companies are increasingly investing in advanced emissions management systems to optimize their processes, presenting a prime opportunity for technology providers to deliver innovative solutions in real-time monitoring and automated reporting.
- Customization and Industry-Specific Solutions: Increasingly, industries need customized embedded analytics that better respond to specific industrial needs. The solution provider for industry-specific analytics development opportunities can differentiate itself through better handling of unique requirements and challenge.
- Partnerships and Collaborations: Strategic partnerships between analytics providers and software developers can improve the embedded analytics solution capabilities. In the process, innovations will emerge in the features and functionalities that are created by the collaboration, hence widening and increasing the impact of such solutions in their respective applications.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Embedded Analytics Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Embedded Analytics Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
Ensuring Significant Focus on Data Visualization
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Necessity for Better User Experience, Enhances the Adoption of Cloud-Based Solutions, Integration of Advanced Technologies
The global embedded analytics market is expected to grow at a CAGR of 17.3% during the forecast period 2024 - 2031
Table Of Contents
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 Embedded Analytics Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Embedded Analytics Market - By Solutions
3.2.2 Embedded Analytics Market - By Department
3.2.3 Embedded Analytics Market - By Deployment Type
3.2.4 Embedded Analytics Market - By Industry Vertical
3.2.5 Market - By Region
3.2.5.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 Embedded Analytics Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 Embedded Analytics Market Analysis- Global
5.1 Global Embedded Analytics Market Overview
5.2 Global Embedded Analytics market forecast and analysis
6 Embedded Analytics Market Revenue and Forecasts to 2028 -Solutions
6.1 Overview
6.2 Solutions market forecast and analysis
6.3 Benchmarking Market
6.3.1 Overview
6.3.2 Benchmarking market forecast and analysis
6.4 Dashboards and Data Visualization Market
6.4.1 Overview
6.4.2 Dashboards and Data Visualization market forecast and analysis
6.5 Reporting Market
6.5.1 Overview
6.5.2 Reporting market forecast and analysis
6.6 Self-Service Market
6.6.1 Overview
6.6.2 Self-Service market forecast and analysis
7 Embedded Analytics Market Revenue and Forecasts to 2028 - Departments
7.1 Overview
7.2 Departments market forecast and analysis
7.3 Marketing Market
7.3.1 Overview
7.3.2 Marketing market forecast and analysis
7.4 Operations Market
7.4.1 Overview
7.4.2 Operations market forecast and analysis
7.5 Sales Market
7.5.1 Overview
7.5.2 Sales market forecast and analysis
7.6 Finance Market
7.6.1 Overview
7.6.2 Finance market forecast and analysis
7.7 Human Resources Market
7.7.1 Overview
7.7.2 Human Resources market forecast and analysis
8 Embedded Analytics Market Revenue and Forecasts to 2028 - Deployment Type
8.1 Overview
8.2 Deployment type market forecast and analysis
8.3 On - Premises Market
8.3.1 Overview
8.3.2 On - Premises market forecast and analysis
8.4 On - Cloud Market
8.4.1 Overview
8.4.2 On - Cloud market forecast and analysis
9 Embedded Analytics Market Revenue and Forecasts to 2028 - Industry Vertical
9.1 Overview
9.2 Industry Vertical market forecast and analysis
9.3 IT and Telecommunication Market
9.3.1 Overview
9.3.2 IT and Telecommunication market forecast and analysis
9.4 Retail and Consumer Goods Market
9.4.1 Overview
9.4.2 Retail and Consumer Goods market forecast and analysis
9.5 BFSI Market
9.5.1 Overview
9.5.2 BFSI market forecast and analysis
9.6 Media and Entertainment Market
9.6.1 Overview
9.6.2 Media and Entertainment market forecast and analysis
9.7 Healthcare Market
9.7.1 Overview
9.7.2 Healthcare market forecast and analysis
9.8 Government and Defense Market
9.8.1 Overview
9.8.2 Government and Defense market forecast and analysis
9.9 Academia Market
9.9.1 Overview
9.9.2 Academia market forecast and analysis
9.10 Others Market
9.10.1 Overview
9.10.2 Vertical market forecast and analysis
10 Embedded Analytics Market Revenue and Forecasts to 2028 - Geographical Analysis
10.1 North America
10.1.1 North America Embedded Analytics market overview
10.1.2 North America Embedded Analytics market forecast and analysis
10.1.2.1 North America market forecast and analysis - By Countries
10.1.2.1.1 US market
10.1.2.1.2 Canada market
10.1.2.1.3 Mexico market
10.1.2.2 North America market forecast and analysis - By Solution
10.1.2.3 North America market forecast and analysis - By Department
10.1.2.4 North America market forecast and analysis - By Deployment Type
10.1.2.5 North America market forecast and analysis - By Industry Vertical
10.2 Europe
10.2.1 Europe Embedded Analytics market overview
10.2.2 Europe Embedded Analytics market forecast and analysis
10.2.2.1 Europe market forecast and analysis - By Countries
10.2.2.1.1 France market
10.2.2.1.2 Germany market
10.2.2.1.3 Italy market
10.2.2.1.4 Spain market
10.2.2.1.5 UK market
10.2.2.2 Europe market forecast and analysis - By Solutions
10.2.2.3 Europe market forecast and analysis - By Department
10.2.2.4 Europe market forecast and analysis - By Deployment Type
10.2.2.5 Europe market forecast and analysis - By Industry Vertical
10.3 Asia Pacific (APAC)
10.3.1 Asia Pacific Embedded Analytics market overview
10.3.2 Asia Pacific Embedded Analytics market forecast and analysis
10.3.2.1 Asia Pacific market forecast and analysis - By Countries
10.3.2.1.1 Australia market
10.3.2.1.2 China market
10.3.2.1.3 India market
10.3.2.1.4 Japan market
10.3.2.2 Asia Pacific market forecast and analysis - By Solutions
10.3.2.3 Asia Pacific market forecast and analysis - By Department
10.3.2.4 Asia Pacific market forecast and analysis - By Deployment Type
10.3.2.5 Asia Pacific market forecast and analysis - By Industry Vertical
10.4 Middle East and Africa (MEA)
10.4.1 Middle East and Africa Embedded Analytics market overview
10.4.2 Middle East and Africa Embedded Analytics market forecast and analysis
10.4.2.1 Middle East and Africa market forecast and analysis - By Countries
10.4.2.1.1 South Africa market
10.4.2.1.2 Saudi Arabia market
10.4.2.1.3 UAE market
10.4.2.2 Middle East and Africa market forecast and analysis - By Solutions
10.4.2.3 Middle East and Africa market forecast and analysis - By Department
10.4.2.4 Middle East and Africa market forecast and analysis - By Deployment Type
10.4.2.5 Middle East and Africa market forecast and analysis - By Industry Vertical
10.5 South America (SAM)
10.5.1 South America Embedded Analytics market overview
10.5.2 South America Embedded Analytics market forecast and analysis
10.5.2.1 South America market forecast and analysis - By Countries
10.5.2.1.1 Brazil market
10.5.2.2 South America market forecast and analysis - By Solutions
10.5.2.3 South America market forecast and analysis - By Department
10.5.2.4 South America market forecast and analysis - By Deployment Type
10.5.2.5 South America market forecast and analysis - By Industry Vertical
11 Industry Landscape
11.1 Mergers & acquisitions
11.2 Market Initiatives
11.3 New developments
11.4 Investment scenarios
12 Competitive Landscape
12.1 Competitive Product mapping
12.2 Market positioning
13 Embedded Analytics Market, Key Company Profiles
13.1 Microsoft
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 IBM Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Birst, Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SAP SE
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sisense, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Logi Analytics, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Opentext Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tibco Software, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Qlik Technologies
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Information Builders
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14 Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
14.3 Research Methodology
1. Microsoft Corporation
2. IBM Corporation
3. SAP SE
4. Opentext Corporation
5. Logi Analytics, Inc.
6. Sisense, Inc.
7. Birst, Inc.
8. Information Builders
9. Tibco Software, Inc.
10. Qlik Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For