Business Analytics Solutions Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Offers Global Business Analytics Market Growth & Industry Analysis and It 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 Size and Forecasts are Provided in Terms of USD Billion for all the Above Segments.

Business Analytics Solutions Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Business Analytics Industry Overview

The business analytics market is highly fragmented due to the presence of many small and medium-sized companies competing with each other and large enterprises. Technological advancements in the market are also bringing sustainable competitive advantage to companies, and the market is witnessing multiple partnerships and mergers. Some key players in the market include IBM, Microsoft, and Oracle, among others.

  • September 2023: Oracle has announced a next-generation data, analytics, and AI platform to help Oracle Fusion Cloud Applications customers achieve better business outcomes by combining data-driven insights with intelligent decisions and actions. The Fusion Data Intelligence Platform is an evolution of the Oracle Fusion Analytics Warehouse product, which will deliver business data-as-a-service with automated data pipelines, 360-degree data models for critical business entities, rich interactive analytics, AI/ML models, and intelligent applications.
  • August 2023: Global retail specialists Smollan formalized an international reseller and implementation partnership agreement with next-generation decision and business intelligence (BI) software provider Pyramid Analytics. The deal will see Smollan, via its data and technology business, DataOrbis, expanding its current service offering to include the ability to both sell Pyramid Analytics licenses and implement Pyramid Analytics software.

Business Analytics Market 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