COVID-19 Impacts: SaaS-based Business Analytics Market Will Accelerate at a CAGR of Over 13% Through 2020-2024 | Shift From the CAPEX Model to the OPEX Model to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global SaaS-based Business Analytics Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the SaaS-based business analytics market and it is poised to grow by $ 7.42 bn during 2020-2024, progressing at a CAGR of 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Open Text Corp., Oracle Corp., QlikTech International AB, Salesforce.com Inc., SAP SE, SAS Institute Inc., and TIBCO Software Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Shift from the CAPEX model to the OPEX model has been instrumental in driving the growth of the market. However, system integration and interoperability issues might hamper market growth.

SaaS-based Business Analytics Market 2020-2024 : Segmentation

SaaS-based Business Analytics Market is segmented as below:

  • End-user
    • Retail
    • BFSI
    • Telecom
    • Healthcare
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43820

SaaS-based Business Analytics Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our SaaS-based business analytics market report covers the following areas:

  • SaaS-based Business Analytics Market size
  • SaaS-based Business Analytics Market trends
  • SaaS-based Business Analytics Market industry analysis

This study identifies the increasing adoption of mobile-based business analytical tools as one of the prime reasons driving the SaaS-based business analytics market growth during the next few years.

SaaS-based Business Analytics Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the SaaS-based business analytics market, including some of the vendors such as International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Open Text Corp., Oracle Corp., QlikTech International AB, Salesforce.com Inc., SAP SE, SAS Institute Inc., and TIBCO Software Inc. Backed with competitive intelligence and benchmarking, our research reports on the SaaS-based business analytics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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SaaS-based Business Analytics Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist SaaS-based business analytics market growth during the next five years
  • Estimation of the SaaS-based business analytics market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the SaaS-based business analytics market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of SaaS-based business analytics market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Retail - Market size and forecast 2019-2024
  • BFSI - Market size and forecast 2019-2024
  • Telecom - Market size and forecast 2019-2024
  • Healthcare - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers – Demand led growth

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • International Business Machines Corp.
  • Microsoft Corp.
  • MicroStrategy Inc.
  • Open Text Corp.
  • Oracle Corp.
  • QlikTech international AB
  • Salesforce.com Inc.
  • SAP SE
  • SAS Institute Inc.
  • TIBCO Software Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

Release Summary

The Global SaaS-based Business Analytics Market will grow by $ 7.42 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com