Analytics as a Service Market Scope, Upcoming Trends, Size, Opportunities, Competitive Landscape, Fu

Sheetal2317 Jul, 2024Technology

Analytics as a Service Market by Offering ((Software by Type, Integration, Cloud Type) and Services), Data Type, Data Processing, Analytics Type (Marketing Analytics, Finance Analytics), Vertical and Region - Global Forecast to 2029. is projected to register a CAGR of 24.5% during the forecast period, reaching USD 39.8 billion by 2029 from an estimated USD 13.3 billion in 2024. Major factors to boost the market growth include the increasing availability of data connectivity through multi-cloud and hybrid environments, rise in demand for advanced analytics techniques due to increasing data volumes, and the proliferation of big data, IoT devices, and digital transformation initiatives across industries.