North America Analytics As A Service Market, 2020-2027
The analytics as a service market in North America is expected to reach a projected revenue of US$ 12,290.7 million by 2027. A compound annual growth rate of 24.8% is expected of North America analytics as a service market from 2021 to 2027.
- Enterprise Technology & Automation
- AI, Data & Analytics
- analytics as a service market
- AI, Data & Analytics
Revenue, 2020 (US$M)
$2,613.3
Forecast, 2027 (US$M)
$12,290.7
CAGR, 2021 - 2027
24.8%
Report Coverage
North America
North America Analytics As A Service Market, 2018-2027 (US$M)
Global Market
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North America analytics as a service market highlights
- The North America analytics as a service market generated a revenue of USD 2,613.3 million in 2020.
- The market is expected to grow at a CAGR of 24.8% from 2021 to 2027.
- In terms of segment, descriptive analytics was the largest revenue generating type in 2020.
- Prescriptive Analytics is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.
North America data book summary
| Market revenue in 2020 | USD 2,613.3 million |
| Market revenue in 2027 | USD 12,290.7 million |
| Growth rate | 24.8% (CAGR from 2020 to 2027) |
| Largest segment | Descriptive analytics |
| Fastest growing segment | Prescriptive Analytics |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics, Descriptive Analytics |
| Key market players worldwide | Amazon.com Inc, Alphabet Inc Class A, Hewlett Packard Enterprise Co, International Business Machines Corp, Microsoft Corp, Oracle Corp, SAP SE, SAS |
Other key industry trends
- In terms of revenue, North America region accounted for 44.1% of the global analytics as a service market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,990.9 million by 2027.
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Analytics As A Service Market
Analytics as a service market segmentation & scope
Analytics As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Oracle Corp | View profile | 164,000 | 2300 Oracle Way, Austin, TX, United States, 78741 | www.oracle.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| SAP SE | View profile | 107,602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | www.sap.com |
| Hewlett Packard Enterprise Co | View profile | 62,000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | www.hpe.com |
| SAS | View profile | 10001+ | Cary, North Carolina, United States, North America | www.sas.com |
North America analytics as a service market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Analytics as a Service Market will help companies and investors design strategic landscapes.
Descriptive Analytics was the largest segment with a revenue share of 35.24% in 2020.
Horizon Databook has segmented the North America analytics as a service market based on predictive analytics, prescriptive analytics, diagnostic analytics, descriptive analytics covering the revenue growth of each sub-segment from 2018 to 2027.
- North America Analytics As A Service Market Type Outlook (Revenue, USD Million , 2018-2027)
- Predictive Analytics
- Prescriptive Analytics
- Diagnostic Analytics
- Descriptive Analytics
- North America Analytics As A Service Market Enterprise Size Outlook (Revenue, USD Million , 2018-2027)
- Large Enterprise
- Small & Medium Enterprise (SME)
- North America Analytics As A Service Market End Use Outlook (Revenue, USD Million , 2018-2027)
- BFSI
- Retail
- Government
- IT & Telecom
- Healthcare
- Manufacturing
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America analytics as a service market, including forecasts for subscribers. This continent databook contains high-level insights into North America analytics as a service market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
North America Analytics As A Service Market, 2018-2027 (US$M)
North America analytics as a service market statistics, by type, 2018-2027 (US$M)
