Global Outlook Report - Data and Analytics

The global data and analytics market research report provides an executive-level overview of the current data and analytics market worldwide, with detailed forecasts of key indicators up to 2027. Published annually, the global data and analytics market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key data and analytics market trends as well as the technological developments that are shaping the data and analytics landscape.

The global outlook report provides information and insights into global data and analytics market

• The primary finding from the view of revenue opportunities in the data and analytics market through to 2027, highlighting the market size and growth by product/service, by region, by vertical and by size band.
• The latest trends impacting the data and analytics market.
• The market drivers that will facilitate the growth of data and analytics market.
• The market challenges/inhibitors that may hinder the pervasive adoption of data and analytics.
• The overview of top ICT vendors in the data and analytics market.

Scope

• The global data and analytics market size was pegged at $100.8 billion in 2022. The market is expected to grow at a CAGR of more than 13% during the forecast period (2022-2027). Due to increasing digitization across all spheres of life, enterprises are creating data at an unprecedented level. Enterprises are, on one hand, struggling with proper storage, management, and security of the large amount of data being created; on the other hand, they are increasingly becoming aware of the benefits of unlocking insights from the data that can provide to their organization.
• According to the publisher, enterprise data and analytics market would see majority share of its revenue come from data and content management segment over the forecast period. Revenue from data and content management segment reached $45.2 billion in 2022.
• BFSI is the leading end-use vertical segment for data and analytics, in terms of revenue contribution, and will remain so over the forecast period. The market size of data and analytics in BFSI is valued at $12.6 billion in 2022 and is set to grow up to $24 billion by 2027 at a CAGR of 13.8% over the forecast period.
• Asia Pacific is the leading regional market with revenue pegged at $34.2 billion for 2022 and set to grow up to $69.6 billion by 2027 at a CAGR of 15.2% during the forecast period 2022-2027.

Reasons to Buy

This Global Outlook Report provides a comprehensive assessment of the data and analytics market. It helps the reader to understand the data and analytics market landscape, the recent trends, drivers, and challenges/inhibitors shaping the data and analytics market.

• The report is exhaustive and up-to-date providing market opportunity forecasts in the data and analytics market from 2022 to 2027, spanning technology segments (services), six regions, 22 verticals, and two size bands.
• The report provides an assessment of data and analytics vendors.
• The report also discusses the opportunities and recommendations for vendors.