Market Research Future Insights 

According to MRFR analysis, the global data analytics market size is expected to register a CAGR of 27.60% from 2022 to 2030 and hold a value of over USD 303.4 Billion by 2030.

The data analytics market refers to the use of advanced software tools and techniques to analyze and interpret large sets of data in order to gain valuable insights and make informed business decisions. This market is driven by the increasing need for organizations to leverage the vast amounts of data they generate to optimize their operations, improve customer experiences, and gain a competitive edge in their industries. The COVID-19 pandemic has had a significant impact on the data analytics market. As more organizations have had to rapidly adapt to new ways of working, there has been a growing need for data analytics solutions to help them make sense of the vast amounts of data generated by remote work, online sales, and other digital channels. In addition, the pandemic has accelerated the trend toward digital transformation, with many companies investing in advanced analytics tools to better understand their customers and improve their overall business agility.

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Key Players

Some key market players are,

• IBM Corporation (US)

• Microsoft (US)

• Oracle (US)

• SAP SE (Germany)

• Amazon Web Services Inc. (US)

• Tableau Software LLC. (US)

• SiSense Inc (US)

• Zoho Corporation Pvt. Ltd. (India)

• ThoughtSpot Inc. (US)

• Mu Sigma (US)

• Looker Data Sciences Inc. (US)

• Datameer Inc. (US), among others

Market Segmentation

The Global Data Analytics market analysis has been segmented into Type, Solution, Deployment, and Application.

Based on the Type, the market has been segmented into Predictive Analytics, Prescriptive Analytics, Descriptive Analytics, and Customer Analytics.

Based on the Solution, the market has been segmented into Data Management, Fraud and security Intelligence, Data Mining, and Data Monitoring.

Based on the Deployment, the market has been segmented into Cloud and On-Premises.

Based on the Application, the market has been segmented into Enterprise Resource Planning, Supply Chain Management, Human Resource Management, and Database Management.

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