LONDON--(BUSINESS WIRE)--The SaaS-based business analytics market is expected to grow by USD 7.42 billion, progressing at a CAGR of over 13% during the forecast period.
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The shift from the CAPEX model to the OPEX model is one of the major factors propelling market growth. However, factors such as system integration and interoperability issues will hamper the market growth.
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SaaS-based Business Analytics Market: End-user Landscape
The retail sector is dynamic due to the continuous development of e-commerce technologies. Retailers maximize profits by implementing analytical tools and management information systems. The retailers can reduce their capital expenditure (CAPEX) by deploying cloud-based retail analytics solutions. They subscribe to an integrated suite of retail analytics solutions, which help them to connect with the various stakeholders in the supply chain management (SCM) systems. Market growth in this segment will be slower than the growth of the market in the BFSI and healthcare segment.
SaaS-based Business Analytics Market: Geographic Landscape
North America was the largest SaaS-based business analytics market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing use of analytics solutions and services by the BFSI and the healthcare sectors will significantly drive SaaS-based business analytics market growth in this region over the forecast period. 34% of the market’s growth will originate from North America during the forecast period. The US is one of the critical markets for SaaS-based business analytics in North America. Market growth in this region will be slower than the growth of the market in APAC and South America.
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Companies Covered:
- International Business Machines Corp.
- Microsoft Corp.
- MicroStrategy Inc.
- Open Text Corp.
- Oracle Corp.
- QlikTech international AB
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Retail - Market size and forecast 2019-2024
- BFSI - Market size and forecast 2019-2024
- Telecom - Market size and forecast 2019-2024
- Healthcare - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- International Business Machines Corp.
- Microsoft Corp.
- MicroStrategy Inc.
- Open Text Corp.
- Oracle Corp.
- QlikTech international AB
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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