Business Analytics Solutions Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Business Analytics Market is Segmented by Deployment Model (On-Premises, Cloud), Analytics Type (Descriptive, Diagnostic, and More), Organization Size (Large Enterprises, Smes), End-User Industry (BFSI, Healthcare and Life Sciences, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Business Analytics Market Size and Share

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Business Analytics Market Analysis by Mordor Intelligence

The business analytics market is valued at USD 91 billion in 2025 and is forecast to reach USD 138.24 billion by 2030, reflecting an 8.70% CAGR over the period. Cloud-native platforms, AI-driven automation, and a widespread push for digital transformation underpin this expansion. Organizations across industries now embed analytics into day-to-day workflows to uncover inefficiencies, sharpen customer engagement, and shorten decision cycles. The convergence of artificial intelligence with established analytics stacks is shifting the discipline from retrospective reporting toward real-time predictive intelligence, while pervasive cloud adoption lowers entry barriers for firms of every size. Competitive intensity remains lively as incumbent enterprise software vendors revamp portfolios to match the pace set by cloud specialists and AI-first start-ups that promise faster deployment and simpler user experiences. Talent shortages, data-sovereignty rules, and high initial costs continue to temper growth yet have not derailed the structural migration toward data-centric operations.

Key Report Takeaways

  • By deployment model, the cloud segment captured 65.4% of business analytics market share in 2024 and is expanding at a 10.7% CAGR through 2030. 
  • By analytics type, descriptive analytics held 32.7% of revenue in 2024, while predictive analytics is forecast to grow at an 8.8% CAGR to 2030. 
  • By organization size, large enterprises commanded 59.5% share of the business analytics market size in 2024; small and mid-sized enterprises post the fastest growth at 9.1% CAGR. 
  • By end-user industry, BFSI led with 28.3% revenue share in 2024; healthcare and life sciences is projected to advance at a 9.4% CAGR. 
  • By geography, North America retained 27.4% of global revenue in 2024, whereas Asia Pacific is on track for a 10.3% CAGR.

Segment Analysis

By Deployment Model: Cloud Infrastructure Drives Market Evolution

The cloud segment accounts for 65.4% of 2024 revenue, and its 10.7% CAGR means it will command an even larger slice of the business analytics market size by 2030. Lower capital expenditure, elastic scaling, and rapid integration with data lakes and AI services cement its appeal. Security certifications and automated compliance features now cover finance, healthcare, and government workloads, eroding the last strongholds of on-premise advocates. 

On-premise deployments persist where strict latency, legacy integration, or regulatory mandates prevail, but their share recedes every year. Hybrid blueprints, in which sensitive workloads stay behind the firewall while burst processing moves to the cloud, offer a transitional path. Providers bundle migration toolkits, managed services, and consumption-based pricing to nudge hesitant customers toward the cloud, reinforcing its position as both market leader and growth engine.

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By Analytics Type: Predictive Intelligence Reshapes Decision-Making

Descriptive analytics retained 32.7% of 2024 revenue, the largest slice of the business analytics market, yet predictive techniques outpace all categories with an 8.8% CAGR. Organizations evolve from “what happened” dashboards to forward-looking models that flag churn risk, optimize inventory, and route maintenance crews before breakdowns occur. Generative AI enhances predictive workflows by auto-coding complex time-series models and surfacing scenario simulations for non-technical users. 

Diagnostic analytics serves as a bridge, explaining root causes and feeding features into forecasting algorithms. Prescriptive tools close the loop by recommending the best action under constraints such as budget or staffing. Early success stories like a consumer-products maker saving up to USD 200,000 weekly through optimized production schedules fuel wider adoption. As toolkits mature, predictive and prescriptive layers will jointly convert historical data into automated, context-aware decisions across functions.

By Organization Size: SME Growth Democratizes Analytics Access

Large enterprises continue to drive volume, holding 59.5% of 2024 revenue. They invest heavily in multi-cloud data fabrics, explainable AI, and governance frameworks that scale across business units. Yet the small and mid-sized segment grows fastest at 9.1% CAGR, propelled by low-code platforms, bundled data models, and tiered subscriptions that align with tight budgets. Customer programs granting service credits and guided onboarding compress deployment cycles to weeks rather than months. 

This democratization reshapes vendor go-to-market approaches. Tools now default to natural-language queries, automated insights, and embedded training to accommodate lean IT teams. At the same time, large enterprises demand advanced features such as multi-modal data integration, lineage tracking, and policy-driven access control, sustaining a two-speed market in which ease of use and enterprise-grade governance coexist.

Business Analytics Market: Market Share by Organisation Size
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By End-User Industry: Healthcare Transformation Accelerates Growth

BFSI institutions captured 28.3% of 2024 spending as risk analytics, fraud detection, and regulatory reporting remain core mandates. They pursue omnichannel customer views and real-time credit scoring to differentiate services. Healthcare and life sciences, however, post the strongest outlook at 9.4% CAGR. Hospitals use predictive models to balance bed capacity and automate inventory allocation, while pharmaceutical firms deploy AI to streamline clinical-trial recruitment and optimize supply chains. 

Manufacturing uses edge analytics to raise overall equipment effectiveness by double digits, and retailers employ demand forecasting to cut stockouts and markdowns. Telecom operators analyze network telemetry to predict outages and upsell value-added services, whereas utilities apply predictive maintenance to grids and pipelines. Public-sector agencies embrace data platforms for tax compliance and citizen services, while energy producers monitor emissions to meet net-zero targets.

Geography Analysis

North America holds 27.4% of 2024 revenue thanks to a mature technology ecosystem, abundant talent, and early cloud adoption. Enterprises refine existing platforms with AI accelerators, streaming pipelines, and automated governance, squeezing incremental efficiency from established data assets. The United States leads spending, and Canada leverages analytics in natural-resources and financial-services verticals. Mexico adopts cloud platforms to support export-oriented manufacturing and cross-border logistics. 

Asia Pacific is the fastest-growing region at a 10.3% CAGR, fueled by government AI strategies, widespread mobile adoption, and greenfield cloud deployments. China commands 37.5% of the regional business analytics market, backed by large-scale digital payment ecosystems and industrial upgrade programs. High-growth economies such as Vietnam and the Philippines exceed 19% annual expansion as SMEs embrace SaaS analytics to leapfrog legacy systems. India, Japan, South Korea, and Thailand channel public-sector grants into workforce upskilling and data-ecosystem development, creating fertile ground for platform vendors. 

Europe advances steadily underpinned by strong privacy regulations and industry digitization funding. Germany, France, and the United Kingdom deploy analytics for manufacturing efficiency and financial compliance, while southern nations expand tourism and retail analytics use cases. Sovereign-cloud frameworks and privacy-enhancing technologies address GDPR-driven demands. The Middle East and Africa benefit from smart-city agendas, especially in the Gulf states, whereas South America gains traction through cloud uptake in Brazil and Argentina, although infrastructure gaps and currency volatility temper the slope of adoption

Business Analytics Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The business analytics market features moderate fragmentation. Top five providers account for roughly 55% of revenue, leaving a sizeable long-tail of niche specialists. Cloud hyperscalers such as AWS, Google Cloud, and Microsoft accelerate feature velocity through integrated AI services and managed data fabrics. Independent data-platform leaders Snowflake and Databricks expand ecosystems via venture arms, strategic investments, and industry solution bundles. Legacy enterprise vendors SAP, Oracle, and IBM embed AI and natural-language querying into established suites to defend installed bases. 

Competition intensifies around three axes. First, time-to-value: self-service tools and automated ingestion shrink deployment from quarters to weeks. Second, unified governance: buyers insist that lineage, quality, and policy controls travel with data across clouds. Third, vertical depth: vendors pre-package financial-crime models, patient-risk scores, or production-line templates to reduce customization. Start-ups differentiate through specialist AI agents, causal inference engines, or privacy-preserving analytics, often partnering with larger platforms for distribution. 

Mergers, investments, and product launches underscore the race to build end-to-end stacks. Cisco moved to acquire Splunk for unified observability and security analytics. Fivetran purchased Census to blend ETL and reverse-ETL workflows into one pipeline. Databricks took a stake in Omni to streamline BI on its Lakehouse platform. Providers also form multi-year alliances ClickHouse with AWS, for instance to co-engineer high-performance solutions for regulated industries. These actions signal ongoing consolidation even as new entrants continue to surface.

Business Analytics Industry Leaders

  1. Oracle Corporation

  2. IBM Corporation

  3. SAP SE

  4. Microsoft Corporation

  5. Tibco Software Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Business Analytics Market Concentration
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Recent Industry Developments

  • June 2025: ClickHouse entered a five-year strategic collaboration agreement with AWS to integrate ClickHouse Cloud with AWS services for real-time analytics solutions in finance and e-commerce.
  • June 2025: Data Poem launched an AI large causal model aimed at improving mission-critical decision-making for enterprises.
  • May 2025: Fivetran agreed to acquire Census, creating an end-to-end data movement platform with more than 900 connectors.
  • May 2025: Press Ganey Forsta acquired InMoment to expand AI-driven experience measurement for 43,000 clients.
  • April 2025: Crisp bought Atheon Analytics and ClearBox Analytics, adding 120 customers to its retail data platform.

Table of Contents for Business Analytics Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Proliferation of big data and cloud adoption
    • 4.2.2 Need for real-time decision-making
    • 4.2.3 AI/ML infusion into analytics platforms
    • 4.2.4 Regulatory push for data-driven compliance
    • 4.2.5 Edge analytics for IoT-heavy industries
    • 4.2.6 Privacy-preserving data clean rooms
  • 4.3 Market Restraints
    • 4.3.1 High upfront cost and ROI uncertainty
    • 4.3.2 Talent shortage in advanced analytics
    • 4.3.3 Data-sovereignty restrictions
    • 4.3.4 ESG-data quality gaps
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Assesment of Macroeconomic Factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Deployment Model
    • 5.1.1 On-Premise
    • 5.1.2 Cloud
  • 5.2 By Analytics Type
    • 5.2.1 Descriptive
    • 5.2.2 Diagnostic
    • 5.2.3 Predictive
    • 5.2.4 Prescriptive
  • 5.3 By Organisation Size
    • 5.3.1 Large Enterprises
    • 5.3.2 Small and Mid-sized Enterprises (SMEs)
  • 5.4 By End-user Industry
    • 5.4.1 Banking, Financial Services and Insurance (BFSI)
    • 5.4.2 Healthcare and Life Sciences
    • 5.4.3 Manufacturing
    • 5.4.4 Retail and E-commerce
    • 5.4.5 Telecom and IT
    • 5.4.6 Government and Public Sector
    • 5.4.7 Energy and Utilities
    • 5.4.8 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Southeast Asia
    • 5.5.4.6 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Nigeria
    • 5.5.5.2.3 Egypt
    • 5.5.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves and Funding Activity
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Microsoft Corp.
    • 6.4.2 SAP SE
    • 6.4.3 Oracle Corp.
    • 6.4.4 IBM Corp.
    • 6.4.5 Salesforce Inc. (Tableau)
    • 6.4.6 SAS Institute Inc.
    • 6.4.7 TIBCO Software Inc.
    • 6.4.8 Qlik Tech Intl.
    • 6.4.9 MicroStrategy Inc.
    • 6.4.10 Infor Inc.
    • 6.4.11 Google LLC (Looker)
    • 6.4.12 Amazon Web Services (QuickSight)
    • 6.4.13 Domo Inc.
    • 6.4.14 Sisense Ltd.
    • 6.4.15 ThoughtSpot Inc.
    • 6.4.16 Alteryx Inc.
    • 6.4.17 Zoho Corp. (Zoho Analytics)
    • 6.4.18 Board International
    • 6.4.19 GoodData Corp.
    • 6.4.20 Yellowfin BI
    • 6.4.21 Pyramid Analytics
    • 6.4.22 Logi Analytics (InsightSoftware)
    • 6.4.23 Teradata Corp.
    • 6.4.24 Informatica Inc.
    • 6.4.25 Palantir Technologies
    • 6.4.26 Snowflake Inc.
    • 6.4.27 Databricks Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Global Business Analytics Market Report Scope

Business analytics refers to the technologies, practices, and skills for continual step-by-step exploration and investigation of the past performance of the businesses to gain various insights and drive business strategy and planning accordingly. Companies use business analytics software for query reporting and analysis tools, advanced and predictive analytics, location intelligence, content analytics, data warehousing platforms, and enterprise performance management.

The business analytics market is segmented by Deployment (Cloud, On-premise, and Hybrid), End-user Industry (BFSI, Healthcare, Manufacturing, Retail, IT, and Telecom), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Deployment Model On-Premise
Cloud
By Analytics Type Descriptive
Diagnostic
Predictive
Prescriptive
By Organisation Size Large Enterprises
Small and Mid-sized Enterprises (SMEs)
By End-user Industry Banking, Financial Services and Insurance (BFSI)
Healthcare and Life Sciences
Manufacturing
Retail and E-commerce
Telecom and IT
Government and Public Sector
Energy and Utilities
Others
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Southeast Asia
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
By Deployment Model
On-Premise
Cloud
By Analytics Type
Descriptive
Diagnostic
Predictive
Prescriptive
By Organisation Size
Large Enterprises
Small and Mid-sized Enterprises (SMEs)
By End-user Industry
Banking, Financial Services and Insurance (BFSI)
Healthcare and Life Sciences
Manufacturing
Retail and E-commerce
Telecom and IT
Government and Public Sector
Energy and Utilities
Others
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Southeast Asia
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
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Key Questions Answered in the Report

What is the current value of the business analytics market and its growth outlook?

The business analytics market stands at USD 91 billion in 2025 and is expected to reach USD 138.24 billion by 2030, equating to an 8.70% CAGR.

Which deployment model holds the largest business analytics market share?

Cloud deployment leads with 65.4% share in 2024 and is also the fastest-growing segment at a 10.7% CAGR.

Which analytics type is projected to grow fastest through 2030?

Predictive analytics shows the strongest momentum, expanding at an 8.8% CAGR as firms shift from descriptive reporting to forward-looking insights.

Why is Asia Pacific viewed as the growth engine for business analytics?

Government AI initiatives, rapid cloud adoption, and strong digital-economy expansion drive a regional CAGR of 10.3%, the highest worldwide.

What is the primary restraint hindering wider analytics adoption?

A persistent talent shortage in advanced analytics roles subtracts an estimated 1.8 percentage points from potential CAGR, delaying projects and raising costs.

Page last updated on: July 7, 2025

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