Analytics as a Service Market worth $39.8 billion by 2029- Exclusive Report by MarketsandMarkets(TM)
Sheetal2317 Jul, 2024Technology
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(TM). 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.
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