$79.5 Billion Business Analytics Software Market - Global Trajectory & Analytics to 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Business Analytics Software - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Business Analytics Software estimated at US$54.7 Billion in the year 2020, is projected to reach a revised size of US$79.5 Billion by 2027, growing at a CAGR of 5.5% over the period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to grow at a 6% CAGR to reach US$47.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 4.8% CAGR for the next 7-year period. This segment currently accounts for a 41.7% share of the global Business Analytics Software market.

The U. S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 5.1% CAGR for the Period of 2020-2027

The Business Analytics Software market in the U. S. is estimated at US$16.1 Billion in the year 2020. The country currently accounts for a 29.49% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$14 Billion in the year 2027 trailing a CAGR of 5.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 4.3% respectively over the 2020-2027 period.

Within Europe, Germany is forecast to grow at approximately 4.5% CAGR while Rest of European market (as defined in the study) will reach US$14 Billion by the year 2027. We bring years of research experience to this 9th edition of our report. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• IBM Corporation
• Infor
• Microsoft Corporation
• MicroStrategy Incorporated
• Oracle Corporation
• Qlik Technologies, Inc.
• SAP SE
• SAS Institute, Inc.
• Tableau Software, Inc.
• TIBCO Software, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of Covid-19 and a Looming Global Recession
• Global Competitor Market Shares
• Business Analytics Software Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 48

For more information about this report visit https://www.researchandmarkets.com/r/443lu0