Unlocking Opportunities in the Embedded Analytics Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theEmbedded Analytics Market?
The embedded analytics market is predicted to receive a boost due to the high demand from data-centric organizations. These organizations specialize in amassing, examining, and manipulating raw data to aid decision-making operations. The growing complexity and diversification in data sets has intensified the need for embedded analytics, as it assists employees in taking strategic decisions, outperforming competitors, and presenting insights to customers. For example, the UK government reported in June 2023 that the number of registered data-driven companies in the UK reached 5,116,743 in March of that year, marking a 4.5% increase from the same period in the previous year. Thus, the mounting demand from these data-centric organizations will impart substantial growth to the embedded analytics market.
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#What Are the Key Projections for the CAGR of the Embedded Analytics Market From 2025 to 2034?
Recent years have seen a swift expansion in the market size of embedded analytics. Its growth is forecasted to surge from $69.49 billion in 2024 to $78.21 billion in 2025, marking a compound annual growth rate (CAGR) of 12.5%. Factors contributing to the historical growth encompass incorporation of analytics into business applications, escalating demand for real-time data insights, emergence of self-service business intelligence, an amplified focus on data-driven decision making, and assimilation of embedded analytics in customer relationship management (CRM) systems.
The market size of embedded analytics is predicted to experience significant expansion in the upcoming years. It is projected that by 2029, it will increase to $152.28 billion, growing at a compound annual growth rate (CAGR) of 18.1%. This surge for the projected period can be linked to the broadening use of embedded analytics in Internet of Things (IoT) applications, increased demand for predictive and prescriptive analysis in applications, incorporation of embedded analytics in cloud platforms, and the implementation of embedded analytics for industry-specific solutions. Major trends expected during the forecast period include the use of natural language processing (NLP) in embedded analytics, a heightened focus on embedded analytics data security and compliance, integration of real-time streaming analytics into embedded solutions, the application of embedded analytics in mobile and edge computing, and the emphasis on cooperative and social analytics in embedded systems.
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What Key Market Trends and Innovations Are Shaping the Future of theEmbedded Analytics Industry?
Emerging technological evolutions are identified as the key trending factor in the embedded analytics market. Prominent companies are skillfully integrating advanced technological solutions within their embedded analytics tools to enhance their varied functional utilizations. For example, insightsoftware, a software organization based in the USA, launched Logi Symphony in October 2023. This is an embedded business intelligence and analytic system for any web-based application. It has been developed with new capabilities to enable companies to rapidly create data-rich application experiences that captivate their customers. Logi Symphony offers flawless integration, customizable flexibility, and composability, along with a superior user experience. Also, it supports enterprise application teams in product rollouts, promotes a data-driven decision-making process among end-users, optimizes customer retention, improves customer engagement through in-app contextual analytics, and drives revenue from data via self-service analytics.
Which Companies Are Leading the Charge in Expanding theEmbedded Analytics Market Growth?
Major companies operating in the embedded analytics market include MicroStrategy Incorporated, TIBCO Software Inc., Tableau Software LLC, SAS Institute Inc., Oracle Corporation, The International Business Machines Corporation, Microsoft Corporation, Infor Inc., SAP SE, Yellowfin International Pty. Ltd., Sisense Inc., OpenText Corporation, QlikTech International AB, GoodData, Zoho Analytics, Logi Analytics Inc., Izenda Inc., Vertica Systems Inc., Exago, Inc., Phocas Software, Dundas Data Visualization Inc., InetSoft Technology Corp., Pyramid Analytics, Anaplan Inc., Cloudera Inc., Dataiku Inc.
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How is the Global Embedded Analytics Market Segemented?
The embedded analytics market covered in this report is segmented –
1) By Solution: Software, Services
2) By Deployment Mode: On-Premise, Cloud-Based
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Finance, HR, IT, marketing And Sales, Production, Other Applications
5) By End-User Vertical: Telecommunications And IT, Retail, Healthcare, Manufacturing, Other Verticals
Subsegments:
1) By Software: Business Intelligence Tools, Data Visualization Software, Reporting And Dashboard Tools, Predictive Analytics Software
2) By Services: Consulting Services, Integration Services, Support And Maintenance Services, Training And Education Services
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Which Geographics are Influencing the Growth of the Embedded Analytics Market?
North America was the largest region in the embedded analytics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the embedded analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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