Cloud Based Business Analytics Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 57.75 Billion |
| Market Size (2030) | USD 203.04 Billion |
| CAGR (2025 - 2030) | 28.59% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Cloud Based Business Analytics Market Analysis
The Cloud Based Business Analytics Market size is estimated at USD 57.75 billion in 2025, and is expected to reach USD 203.04 billion by 2030, at a CAGR of 28.59% during the forecast period (2025-2030).
- Driven by technological advancements and evolving business needs, cloud-based business analytics has undergone rapid evolution. Organizations are increasingly turning to cloud-based Business Intelligence (BI) solutions, drawn by their flexibility, scalability, and cost-effectiveness. This transition empowers businesses to access and analyze data from any location, enhancing collaboration and enabling swift responses to market shifts.
- Self-service BI tools grant non-technical users the autonomy to generate reports and visualizations, diminishing their dependence on IT departments. This data democratization fosters collaboration and hastens decision-making across organizations.
- In the cloud era, business analytics proves to be both cost-effective and efficient, outpacing traditional methods. Platforms like Amazon Web Services (AWS), Google Cloud, and Azure offer organizations an IT environment to either run existing BI tools or develop customized analytics applications, all without the need for hefty on-site infrastructure investments.
- Meanwhile, tools like Google Analytics, Power BI, and Tableau empower companies to sift through historical records, customer data, and revenue details, extracting actionable insights. Leveraging this data, cloud BI tools discern patterns, enabling firms to forecast trends and proactively address potential risks.
- Cloud providers, equipped with cutting-edge security technologies and expertise, deliver superior cyber defenses compared to many on-site methods. Take Google Cloud, for example: its data security features encrypt information both at rest and during transit, thwarting unauthorized access to sensitive business data. Similarly, AWS boasts comprehensive compliance controls, aligning with industry security benchmarks. Consequently, cloud technology in BI not only bolsters data protection but also aids users in adhering to privacy regulations like the Health Insurance Portability and Accountability Act (HIPAA).
- SMEs often struggle with insufficient data volumes compared to larger enterprises, limiting their ability to derive actionable insights from analytics tools. This disparity can hinder their competitiveness in adopting advanced analytics solutions. Such factor might hinder the market growth.
Cloud Based Business Analytics Market Trends
Mobile Traffic to Hold Significant Market Demand
- Organizations aiming to harness mobile traffic are increasingly turning to cloud-based business analytics. By merging cloud computing with business analytics, companies boost scalability, accessibility, and real-time data processing—key elements for dissecting mobile traffic data.
- Cloud analytics empowers team members to retrieve data from any location with internet access. This capability is especially beneficial for mobile teams needing instant insights. Platforms like Google Analytics and Tableau offer mobile-optimized dashboards, fostering team collaboration through simultaneous data access.
- In 2023, Ericsson reported that mobile devices constituted over 50% of global web traffic, underscoring the need for mobile-centric analytics. Given that mobile users dedicate more time to apps than websites, app analytics become essential for deciphering user behavior and preferences.
- Organizations are increasingly adopting hybrid cloud setups, striking a balance between public and private cloud data storage. This approach not only enhances data management but also safeguards sensitive information.
- In summary, cloud-based business analytics equips organizations with the tools to tap into real-time data, especially in the realm of mobile traffic. By capitalizing on scalability, cost-efficiency, and sophisticated analytical features, businesses unlock insights that bolster decision-making and elevate customer engagement across diverse platforms.
North America is Expected to Hold a Major Share of the Market
- North America's cloud-based business analytics market is surging, fueled by tech advancements and a growing appetite for data-driven decisions across industries.
- In 2023, Spacelift, Inc. reported that about 60% of business data in North America is now cloud-stored, underscoring a pronounced pivot to cloud solutions for data management. Projections for 2025 suggest a global storage of 200 zettabytes of data, with a hefty chunk expected to be cloud-based.
- In 2024, Made in CA highlighted that roughly 92% of Canadian firms are tapping into cloud computing, with a marked inclination towards public cloud services. Furthermore, about 41% of these businesses eye investments in hybrid or multi-cloud technologies, signaling a move towards adaptable and scalable solutions. Notably, Canadian firms dedicate an average of 29% of their IT budgets to cloud services, emphasizing the pivotal role of cloud in their operations.
- Canada's cloud computing scene boasts local players like Eleks and Sync.com, alongside global giants such as Amazon Web Services, Google Cloud, and Microsoft Azure. These behemoths command the market, thanks to their vast resources and tech prowess.
- In conclusion, North America's cloud-based business analytics market is poised for vigorous growth, spurred by tech innovations, a fierce competitive arena, and escalating demand across sectors. As businesses increasingly value real-time data insights, their dependence on cloud solutions is set to deepen.
Cloud Based Business Analytics Industry Overview
The Cloud Based Business Analytics market is highly competitive and fragmented, primarily driven by the presence of major players. These key players employ strategies such as mergers, acquisitions, and product innovations to maintain a competitive edge and broaden their global footprint. Key player include International Business Machines Corporation (IBM), Microsoft Corporation, Amazon Web Services, Inc., and others.
Cloud-based business analytics is transforming how organizations analyze data and make decisions. With substantial projected growth and increasing adoption across various industries, businesses are increasingly recognizing the value of integrating cloud analytics into their operations. This trend not only enhances operational efficiency but also positions companies to thrive in a competitive landscape driven by data-driven decision-making.
Cloud Based Business Analytics Market Leaders
-
International Business Machines Corporation (IBM)
-
Microsoft Corporation
-
Amazon Web Services, Inc.
-
Google LLC (Alphabet Inc.)
-
Oracle Corporation
- *Disclaimer: Major Players sorted in no particular order
Cloud Based Business Analytics Market News
- October 2024: Security integrator and commercial security, fire and life safety solutions provider Everon announced the launch of Mavn BI business intelligence, Sightline advanced video solutions and Onepoint account management portal as part of a series of differentiating offerings.
- June 2024: SAP SE announced Otto Group’s Bonprix, a leading international fashion company, has successfully completed its implementation of the SAP BW/4HANA and SAP Datasphere solutions. Supported by SAP services and partners, including Beratungscontor, Bonprix implemented its analytics stack on SAP Datasphere and the SAP Business Warehouse application.
Cloud Based Business Analytics Industry Segmentation
Cloud based business analytics allows organizations to collect, store, and analyze data using algorithms to find business insights using cloud technologies. It a model in which data analytics and business intelligence (BI) processes take place on vendor-managed infrastructure.
The cloud based business analytics market is segmented by type (solutions, services), by data type (structured, unstructured), by enterprises (SMEs, large enterprises), by end-users (BFSI, IT and telecom, healthcare, retail and ecommerce, government, other end-users), by geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Type | Solutions |
| Services | |
| By Data Type | Structured |
| Unstructured | |
| By Enterprises | SMEs |
| Large Enterprises | |
| By End-users | BFSI |
| IT and Telecom | |
| Healthcare | |
| Retail and Ecommerce | |
| Government | |
| Other End-users | |
| By Geography*** | North America |
| Europe | |
| Asia | |
| Latin America | |
| Middle East and Africa | |
| Australia and New Zealand |
Cloud Based Business Analytics Market Research FAQs
How big is the Cloud Based Business Analytics Market?
The Cloud Based Business Analytics Market size is expected to reach USD 57.75 billion in 2025 and grow at a CAGR of 28.59% to reach USD 203.04 billion by 2030.
What is the current Cloud Based Business Analytics Market size?
In 2025, the Cloud Based Business Analytics Market size is expected to reach USD 57.75 billion.
Who are the key players in Cloud Based Business Analytics Market?
International Business Machines Corporation (IBM), Microsoft Corporation, Amazon Web Services, Inc., Google LLC (Alphabet Inc.) and Oracle Corporation are the major companies operating in the Cloud Based Business Analytics Market.
Which is the fastest growing region in Cloud Based Business Analytics Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Cloud Based Business Analytics Market?
In 2025, the North America accounts for the largest market share in Cloud Based Business Analytics Market.
What years does this Cloud Based Business Analytics Market cover, and what was the market size in 2024?
In 2024, the Cloud Based Business Analytics Market size was estimated at USD 41.24 billion. The report covers the Cloud Based Business Analytics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Cloud Based Business Analytics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Cloud Based Business Analytics Industry Report
Statistics for the 2025 Cloud Based Business Analytics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cloud Based Business Analytics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
