Data Analytics Outsourcing Market Scope, Analysis, and Trends by 2031
Data Analytics Outsourcing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.30 billion |
Market Size by 2031 | US$ 52.94 billion |
Global CAGR (2023 - 2031) | 28.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Data Analytics Outsourcing Market News and Recent Developments
The data analytics outsourcing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In June 2023, - Genpact announced a collaboration with Google Cloud to help businesses accelerate artificial intelligence (AI) strategies, including leveraging generative AI adoption to drive actionable business insights.
(Source: Genpact, Press Release, 2023)
- In September 2023, IBM announced plans to introduce new generative AI-based models and upgrades to Watsonx. These additions include a technical preview of Watsonx. Watsonx will soon offer governance and new rich AI data offerings. Data and the planned integration of Watsonx.ai foundation models into selected software and infrastructure products.
(Source: IBM, Press Release, 2023)
Data Analytics Outsourcing Market Report Coverage and Deliverables
The "Data Analytics Outsourcing Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles