The Analytics as a Service Market is projected to grow from USD 13.3 billion in 2024 to USD 39.8 billion by 2029, at a compound annual growth rate (CAGR) of 24.5% during the forecast period, according to a new report by MarketsandMarkets?. The Analytics as a Service Market is expected to grow significantly during the forecast period, owing to various business drivers like 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.