Cloud Analytics Market (Component: Solutions, Services; Deployment: Public, Private, Hybrid; Organization Size: SME, Large Organizations; Industry Vertical: BFSI, IT & Telecommunication, Manufacturing, Healthcare & life sciences, Government, Energy & Utilities, Others; Application Insights: Sales and Marketing, Research & Development, Customer Service, Accounting & Finance, Human Resource, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global cloud analytics market size was exhibited at USD 18.24 billion in 2022 and is projected to hit around USD 143.17 billion by 2032, growing at a CAGR of 18.24% during the forecast period 2023 to 2032.

Key Pointers:

  • By geography, North America generated more than 52% of total sales in 2022. 
  • By geography, the Asia Pacific region is anticipated to have the largest CAGR at a13% from 2023 to 2032.
  • By component, the solutions segment generated more than 73% of the total revenue share in 2022.
  • By deployment, the private segment captured more than 31% of revenue share in 2022.
  • By organization size, the SME segment accounted for more than 46% of revenue share in 2022.
  • By industry vertical, the BFSI segment generated more than 36% of the total share in 2022.
  • By industry vertical, the healthcare and life sciences segment accounted for over 11% of revenue share in 2022. 
  • By application, the sales and marketing segment generated more than 39% of the revenue share in 2022.
  • By application, the customer service segment contributed more than 14% of revenue share in 2022.

Cloud Analytics Market Report Scope

Report Coverage

Details

Market Size in 2023

USD 31.69 Billion

Market Size by 2032

USD 143.17 Billion

Growth Rate From 2023 to 2032

CAGR of 18.24%

Base Year

2022

Forecast Period

2023 to 2032

Segments Covered

            By Component, By Deployment. By Organization Size, By Industry Vertical, and By Applications

Market Analysis (Terms Used)

Value (US$ Million/Billion) or (Volume/Units)

Regional Scope

North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa

Key Companies Profiled

Microsoft Corporation, IBM Corporation, Oracle Corporation, Google, LLC, SAP SE (Germany), TIBCO Software, Inc., Salesforce.com, SAS Institute, Inc., AWS, MicroStrategy, Cloudera, Alteryx, Inc., Sisense (U.S.), Atos (France), and Qlik (U.S.), and others.

 

The shift of businesses towards digital platforms and the increasing demand for data connectivity through cloud environments are expected to fuel the growth of the industry over the forecast period. Moreover, the significant increase in big data is expected to provide numerous opportunities to the industry.

Cloud analytics enables organizations to process a large amount of data and access remote data centers, which helps find more accurate results and increase productivity. The COVID-19 pandemic has fueled the demand for cloud analytics solutions as businesses experienced a shift towards digital platforms. Cloud analytics solutions have helped companies make decisions in real-time by gathering, analyzing, and presenting valuable insights resulting in better outcomes.

With the help of cloud analytics, businesses can now reduce operational costs by saving maintenance and housing costs of the on-premises system, which helps reduce IT headcount. Moreover, it also helps improve scalability and growth as it offers powerful capabilities without the need to set up or maintain servers and utilize human resources to focus on building business strategies to achieve maximum profits.

Cloud analytics tools provide businesses with a solution that links to multiple data sources and automatically refreshes to provide the latest results. It offers various processing applications to uncover unexpected patterns, insights, and novel uses. Moreover, it enables users to easily store and share data to improve team efficiency and productivity. The benefits mentioned above provided by cloud analytics to enterprises are expected to increase the adoption of cloud analytics solutions over the forecast period.

North America acquired the largest revenue share of approximately 52% in 2022. The growth is attributed to the increased adoption of the latest technologies in postal services and the presence of key players in the region. Moreover, rising labor costs and labor shortages are driving companies to adopt automation resulting in the market's growth. The demand for postal automation services is increasing in government, BFSI, and other segments fueling the industry growth in the region.

Asia Pacific is expected to witness the highest CAGR of approximately 10% over the forecasted period. The high growth of the e-commerce industry in countries such as Japan, China, and India has created the demand for a technologically advanced e-commerce logistics industry. Furthermore, increasing demand from the BFSI sector is creating numerous growth opportunities for postal automation systems in the Asia Pacific region.

Some of the prominent players in the Cloud Analytics Market include:

  • Microsoft Corporation
  • IBM Corporation
  • Oracle Corporation
  • Google, LLC
  • SAP SE (Germany)
  • TIBCO Software, Inc.
  • Salesforce.com
  • SAS Institute, Inc.
  • AWS
  • MicroStrategy
  • Cloudera
  • Alteryx, Inc.
  • Sisense (U.S.)
  • Atos (France)
  • Qlik (U.S.)

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Cloud Analytics market.

By Component 

  • Solutions
  • Services

By Deployment

  • Public
  • Private
  • Hybrid

By Organization Size

  • SME
  • Large Organizations

By Industry Vertical

  • BFSI
  • IT & Telecommunication
  • Manufacturing
  • Healthcare & Life Sciences
  • Government
  • Energy & Utilities
  • Others

By Application

  • Sales and Marketing
  • Research & Development
  • Customer Service
  • Accounting & Finance
  • Human Resource
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

The global cloud analytics market size was exhibited at USD 18.24 billion in 2022 and is projected to hit around USD 143.17 billion by 2032

The global cloud analytics market is poised to grow at a CAGR of 18.24% from 2023 to 2032.

The major players operating in the cloud analytics market are Microsoft Corporation, IBM Corporation, Oracle Corporation, Google, LLC, SAP SE (Germany), TIBCO Software, Inc., Salesforce.com, SAS Institute, Inc., AWS, MicroStrategy, Cloudera, Alteryx, Inc., Sisense (U.S.), Atos (France), and Qlik (U.S.), and others.

 

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Cloud Analytics Market 

5.1. COVID-19 Landscape: Cloud Analytics Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Cloud Analytics Market, By Component

8.1. Cloud Analytics Market, by Component, 2023-2032

8.1.1. Solutions

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Cloud Analytics Market, By Deployment

9.1. Cloud Analytics Market, by Deployment, 2023-2032

9.1.1. Public

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Private

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Hybrid

9.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Cloud Analytics Market, By Organization Size 

10.1. Cloud Analytics Market, by Organization Size, 2023-2032

10.1.1. SME

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Large Organizations

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Cloud Analytics Market, By Industry Vertical

11.1. Cloud Analytics Market, by Industry Vertical, 2023-2032

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. IT & Telecommunication

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Manufacturing

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Healthcare & Life Sciences

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. Government

11.1.5.1. Market Revenue and Forecast (2020-2032)

11.1.6. Energy & Utilities

11.1.6.1. Market Revenue and Forecast (2020-2032)

11.1.7. Others

11.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Cloud Analytics Market, By Application

12.1. Cloud Analytics Market, by Application, 2023-2032

12.1.1. Sales and Marketing

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Research & Development

12.1.2.1. Market Revenue and Forecast (2020-2032)

12.1.3. Customer Service

12.1.3.1. Market Revenue and Forecast (2020-2032)

12.1.4. Accounting & Finance

12.1.4.1. Market Revenue and Forecast (2020-2032)

12.1.5. Human Resource

12.1.5.1. Market Revenue and Forecast (2020-2032)

12.1.6. Others

12.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Cloud Analytics Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Component (2020-2032)

13.1.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.1.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.1.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.1.5. Market Revenue and Forecast, by Application (2020-2032)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Component (2020-2032)

13.1.6.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.1.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.1.6.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.1.6.5. Market Revenue and Forecast, by Application (2020-2032) 

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Component (2020-2032)

13.1.7.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.1.7.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.1.7.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.1.7.5. Market Revenue and Forecast, by Application (2020-2032)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Component (2020-2032)

13.2.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.2.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.2.4. Market Revenue and Forecast, by Industry Vertical (2020-2032) 

13.2.5. Market Revenue and Forecast, by Application (2020-2032) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Component (2020-2032)

13.2.6.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.2.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.2.7. Market Revenue and Forecast, by Industry Vertical (2020-2032) 

13.2.8. Market Revenue and Forecast, by Application (2020-2032) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Component (2020-2032)

13.2.9.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.2.9.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.2.10. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.2.11. Market Revenue and Forecast, by Application (2020-2032)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Component (2020-2032)

13.2.12.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.2.12.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.2.12.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.2.13. Market Revenue and Forecast, by Application (2020-2032)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Component (2020-2032)

13.2.14.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.2.14.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.2.14.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.2.15. Market Revenue and Forecast, by Application (2020-2032)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Component (2020-2032)

13.3.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.3.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.3.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.3.5. Market Revenue and Forecast, by Application (2020-2032)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Component (2020-2032)

13.3.6.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.3.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.3.6.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.3.7. Market Revenue and Forecast, by Application (2020-2032)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Component (2020-2032)

13.3.8.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.3.8.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.3.8.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.3.9. Market Revenue and Forecast, by Application (2020-2032)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Component (2020-2032)

13.3.10.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.3.10.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.3.10.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.3.10.5. Market Revenue and Forecast, by Application (2020-2032)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Component (2020-2032)

13.3.11.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.3.11.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.3.11.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.3.11.5. Market Revenue and Forecast, by Application (2020-2032)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Component (2020-2032)

13.4.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.4.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.4.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.4.5. Market Revenue and Forecast, by Application (2020-2032)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Component (2020-2032)

13.4.6.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.4.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.4.6.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.4.7. Market Revenue and Forecast, by Application (2020-2032)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Component (2020-2032)

13.4.8.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.4.8.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.4.8.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.4.9. Market Revenue and Forecast, by Application (2020-2032)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Component (2020-2032)

13.4.10.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.4.10.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.4.10.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.4.10.5. Market Revenue and Forecast, by Application (2020-2032)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Component (2020-2032)

13.4.11.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.4.11.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.4.11.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.4.11.5. Market Revenue and Forecast, by Application (2020-2032)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Component (2020-2032)

13.5.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.5.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.5.5. Market Revenue and Forecast, by Application (2020-2032)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Component (2020-2032)

13.5.6.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.5.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.5.6.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.5.7. Market Revenue and Forecast, by Application (2020-2032)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Component (2020-2032)

13.5.8.2. Market Revenue and Forecast, by Deployment (2020-2032)

13.5.8.3. Market Revenue and Forecast, by Organization Size (2020-2032)

13.5.8.4. Market Revenue and Forecast, by Industry Vertical (2020-2032)

13.5.8.5. Market Revenue and Forecast, by Application (2020-2032)

Chapter 14. Company Profiles

14.1. Microsoft Corporation

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. IBM Corporation

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Oracle Corporation

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Google, LLC

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. SAP SE (Germany)

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. TIBCO Software, Inc.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Salesforce.com

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. SAS Institute, Inc.

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. AWS

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. MicroStrategy

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

 

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