New York, NY -- (SBWIRE) -- 01/27/2021 -- Numerous organizations are shifting towards the adoption of embedded analytics because of the business application's combined structure. Moreover, embedded analytics produces action as well as insights to the business-decisions through combining analytics with several business applications. The global market for embedded analytics has been presumed to touch an outstanding valuation of USD 98.37 Billion by the year 2027, growing at a CAGR of 13.7% during the projected period.

Market Drivers

Embedded analytics is mainly consumer-facing analytics and BI tool combined into various software applications. This analytics aids users in operating with high-quality data as well as prompt reporting. Additionally, embedded analytics are installed into user portals for providing consumers with effortless access to delivery tracking, invoices, and billing, if any data related queries are raised. Soaring demand for tools with real-time visualization in different organizational applications and growth in the conception of big data and IoT are primarily accelerating the industry's development. Furthermore, the high penetration of cloud computing technologies and the rising use of mobile devices are further propelling the market's expansion. Additionally, increasing IoT solution triggers the need for embedded analytics for rendering insights across IoT solutions and big data.

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Regional Outlook

North America has accounted for the largest industry share, owing to the growing IT industry and several advantages such as enhanced flexibility for being able to quickly deploy various new applications. Furthermore, increasing IT spending and the establishment of renowned players are majorly impacting the region's growth.

The Key players in the Embedded Analytics Market include IBM Corporation, Birst, Inc., Logi Analytics, Information Builders, Microstrategy Inc., Microsoft Corporation, Opentext Corporation, SAP SE, Qlik Technologies, Inc., and TIBCO.

For the purpose of this study, Reports and Data have segmented the market on the basis of Deployment, Component, Application, and region:

Deployment Outlook (Revenue, USD Million; 2016-2026)

· On-Premise

· Cloud

Component Outlook (Revenue, USD Million; 2016-2026)

· Software

· Services

Application Outlook (Revenue, USD Million; 2016-2026)

· BFSI

· Healthcare

· IT & Telecommunications

· Retail and Consumer goods

· Others

Regional Analysis of the Embedded Analytics Market:

The global Embedded Analytics market is categorized into several leading geographical regions, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report emphasizes the demands and trends for the market, more essentially, in the global market that is spread across the major regions of the world. Under this section of the report, the global Embedded Analytics market presence across the major regions in terms of the global market share, market size, revenue contribution, sales network, and distribution channels has been analyzed.

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Key questions addressed in the report:

What are the key factors driving the global Embedded Analytics market?

Who are the key manufacturers in this market space?

Who are the distributors, traders, and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global Embedded Analytics market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Highlights of the TOC:

1. Report Overview
1.1 Research Scope
1.2 Key Embedded Analytics market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline

2. Global Growth Trends
2.1 Global Embedded Analytics market size
2.2 Latest Embedded Analytics market trends
2.3 Key growth trends

3. Competitive Landscape
3.1 Global Embedded Analytics market key players
3.2 Global Embedded Analytics size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Embedded Analytics market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Continue…

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