The North America Business Analytics Software Market would witness market growth of 9.0% CAGR during the forecast period (2021-2027).
Companies can use business intelligence software to make educated decisions based on proper facts such as market trends and customer buying patterns. Since the major corporations own ERP and CRM apps, data is spread across multiple systems. As a result, the first step in implementing BI is to create an inventory of the data generated by the company. In addition, the growing usage of data analytics in end-use sectors to evaluate data and make better business decisions is likely to boost demand for BI software.
Using such technology, a business analyst can determine the largest number of customers for a certain product or service, as well as the product's performance, demand elasticity (quality and quantity), and product advertising. The manufacturing industry would benefit greatly from good business analytics.
The North American market is primarily propelled by the increased use of data-driven business models by small, medium, and big businesses, as well as extensive use of e-commerce. In the United States, for example, food franchises such as Wendy's and Ruby Tuesday make extensive use of business intelligence tools to improve customer relationships. The business analytics method enables businesses to make strategic decisions in such a way that they result in a positive transformation and high-quality customer service. Furthermore, increased usage of data and business analytics software, accompanied by ongoing investments in business intelligence and tools, is creating significant revenue growth.
The US market dominated the North America Business Analytics Software Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $31,013.2 million by 2027. The Canada market is estimated to grow at a CAGR of 11.5% during (2021 - 2027). Additionally, The Mexico market would display a CAGR of 10.5% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Manufacturing, Education and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Application, the market is segmented into Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, and Risk & Credit Analytics. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Business Analytics Software Market is Estimated to reach $120 Billion by 2027, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, SAS Institute, Inc., Google LLC, and QlikTech International AB (Thoma Bravo)
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Manufacturing
- Education and
- Others
By Organization Size
- Large Enterprises and
- Small & Medium-sized Enterprises (SMEs)
Deployment Mode
By Application
- Customer Analytics
- Supply Chain Analytics
- Marketing Analytics
- Pricing Analytics and
- Risk & Credit Analytics
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Adobe, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Salesforce.com, Inc
- SAP SE
- SAS Institute, Inc.
- Google LLC
- QlikTech International AB (Thoma Bravo)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Business Analytics Software Market, by Component
1.4.2 North America Business Analytics Software Market, by Vertical
1.4.3 North America Business Analytics Software Market, by Organization Size
1.4.4 North America Business Analytics Software Market, by Application
1.4.5 North America Business Analytics Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2022,Feb – 2019, Apr) Leading Players
Chapter 4. North America Business Analytics Software Market by Component
4.1 North America Software Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Business Analytics Software Market by Vertical
5.1 North America BFSI Market by Country
5.2 North America IT & Telecom Market by Country
5.3 North America Healthcare Market by Country
5.4 North America Retail & eCommerce Market by Country
5.5 North America Government & Defense Market by Country
5.6 North America Manufacturing Market by Country
5.7 North America Education Market by Country
5.8 North America Others Market by Country
Chapter 6. North America Business Analytics Software Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises (SMEs) Market by Country
Chapter 7. North America Business Analytics Software Market by Deployment Type
7.1 North America Cloud Market by Country
7.2 North America On-premise Market by Country
Chapter 8. North America Business Analytics Software Market by Application
8.1 North America Customer Analytics Market by Country
8.2 North America Supply Chain Analytics Market by Country
8.3 North America Marketing Analytics Market by Country
8.4 North America Pricing Analytics Market by Country
8.5 North America Risk & Credit Analytics Market by Country
8.6 North America Others Market by Country
Chapter 9. North America Business Analytics Software Market by Country
9.1 US Business Analytics Software Market
9.1.1 US Business Analytics Software Market by Component
9.1.2 US Business Analytics Software Market by Vertical
9.1.3 US Business Analytics Software Market by Organization Size
9.1.4 US Business Analytics Software Market by Deployment Type
9.1.5 US Business Analytics Software Market by Application
9.2 Canada Business Analytics Software Market
9.2.1 Canada Business Analytics Software Market by Component
9.2.2 Canada Business Analytics Software Market by Vertical
9.2.3 Canada Business Analytics Software Market by Organization Size
9.2.4 Canada Business Analytics Software Market by Deployment Type
9.2.5 Canada Business Analytics Software Market by Application
9.3 Mexico Business Analytics Software Market
9.3.1 Mexico Business Analytics Software Market by Component
9.3.2 Mexico Business Analytics Software Market by Vertical
9.3.3 Mexico Business Analytics Software Market by Organization Size
9.3.4 Mexico Business Analytics Software Market by Deployment Type
9.3.5 Mexico Business Analytics Software Market by Application
9.4 Rest of North America Business Analytics Software Market
9.4.1 Rest of North America Business Analytics Software Market by Component
9.4.2 Rest of North America Business Analytics Software Market by Vertical
9.4.3 Rest of North America Business Analytics Software Market by Organization Size
9.4.4 Rest of North America Business Analytics Software Market by Deployment Type
9.4.5 Rest of North America Business Analytics Software Market by Application
Chapter 10. Company Profiles
10.1 Adobe, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and Development
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and Development
10.2.5.1 Acquisitions and Mergers
10.3 Microsoft Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and Development
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Acquisitions and Mergers:
10.3.5.3 Product Launches and Product Expansions:
10.4 Oracle Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and Development
10.4.5.1 Acquisitions and Mergers:
10.4.5.2 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Salesforce.com, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and Development
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Acquisitions and Mergers:
10.5.5.3 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 SAP SE
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and Development
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 SAS Institute, Inc.
10.7.1 Company Overview
10.8 Google LLC
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent Strategies and Developments:
10.8.5.1 Product launches and Product Expansions:
10.8.6 SWOT Analysis
10.9.5 Recent Strategies and Development:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.10. QlikTech International AB (Thoma Bravo)
10.10.1 Company Overview
10.10.2 Recent Strategies and Development
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Acquisitions and Mergers:
10.10.2.3 Product Launches and Product Expansions:
TABLE 1 North America Business Analytics Software Market, 2017 - 2020, USD Million
TABLE 2 North America Business Analytics Software Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Business Analytics Software Market
TABLE 4 Product Launches And Product Expansions– Business Analytics Software Market
TABLE 5 Acquisition and Mergers– Business Analytics Software Market
TABLE 6 North America Business Analytics Software Market by Component, 2017 - 2020, USD Million
TABLE 7 North America Business Analytics Software Market by Component, 2021 - 2027, USD Million
TABLE 8 North America Software Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Software Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Business Analytics Software Market by Vertical, 2017 - 2020, USD Million
TABLE 13 North America Business Analytics Software Market by Vertical, 2021 - 2027, USD Million
TABLE 14 North America BFSI Market by Country, 2017 - 2020, USD Million
TABLE 15 North America BFSI Market by Country, 2021 - 2027, USD Million
TABLE 16 North America IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 17 North America IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Retail & eCommerce Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Retail & eCommerce Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Government & Defense Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Government & Defense Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Education Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Education Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Business Analytics Software Market by Organization Size, 2017 - 2020, USD Million
TABLE 31 North America Business Analytics Software Market by Organization Size, 2021 - 2027, USD Million
TABLE 32 North America Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Business Analytics Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 37 North America Business Analytics Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 38 North America Cloud Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Cloud Market by Country, 2021 - 2027, USD Million
TABLE 40 North America On-premise Market by Country, 2017 - 2020, USD Million
TABLE 41 North America On-premise Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Business Analytics Software Market by Application, 2017 - 2020, USD Million
TABLE 43 North America Business Analytics Software Market by Application, 2021 - 2027, USD Million
TABLE 44 North America Customer Analytics Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Customer Analytics Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Supply Chain Analytics Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Supply Chain Analytics Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Marketing Analytics Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Marketing Analytics Market by Country, 2021 - 2027, USD Million
TABLE 50 North America Pricing Analytics Market by Country, 2017 - 2020, USD Million
TABLE 51 North America Pricing Analytics Market by Country, 2021 - 2027, USD Million
TABLE 52 North America Risk & Credit Analytics Market by Country, 2017 - 2020, USD Million
TABLE 53 North America Risk & Credit Analytics Market by Country, 2021 - 2027, USD Million
TABLE 54 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 55 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 56 North America Business Analytics Software Market by Country, 2017 - 2020, USD Million
TABLE 57 North America Business Analytics Software Market by Country, 2021 - 2027, USD Million
TABLE 58 US Business Analytics Software Market, 2017 - 2020, USD Million
TABLE 59 US Business Analytics Software Market, 2021 - 2027, USD Million
TABLE 60 US Business Analytics Software Market by Component, 2017 - 2020, USD Million
TABLE 61 US Business Analytics Software Market by Component, 2021 - 2027, USD Million
TABLE 62 US Business Analytics Software Market by Vertical, 2017 - 2020, USD Million
TABLE 63 US Business Analytics Software Market by Vertical, 2021 - 2027, USD Million
TABLE 64 US Business Analytics Software Market by Organization Size, 2017 - 2020, USD Million
TABLE 65 US Business Analytics Software Market by Organization Size, 2021 - 2027, USD Million
TABLE 66 US Business Analytics Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 67 US Business Analytics Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 68 US Business Analytics Software Market by Application, 2017 - 2020, USD Million
TABLE 69 US Business Analytics Software Market by Application, 2021 - 2027, USD Million
TABLE 70 Canada Business Analytics Software Market, 2017 - 2020, USD Million
TABLE 71 Canada Business Analytics Software Market, 2021 - 2027, USD Million
TABLE 72 Canada Business Analytics Software Market by Component, 2017 - 2020, USD Million
TABLE 73 Canada Business Analytics Software Market by Component, 2021 - 2027, USD Million
TABLE 74 Canada Business Analytics Software Market by Vertical, 2017 - 2020, USD Million
TABLE 75 Canada Business Analytics Software Market by Vertical, 2021 - 2027, USD Million
TABLE 76 Canada Business Analytics Software Market by Organization Size, 2017 - 2020, USD Million
TABLE 77 Canada Business Analytics Software Market by Organization Size, 2021 - 2027, USD Million
TABLE 78 Canada Business Analytics Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 79 Canada Business Analytics Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 80 Canada Business Analytics Software Market by Application, 2017 - 2020, USD Million
TABLE 81 Canada Business Analytics Software Market by Application, 2021 - 2027, USD Million
TABLE 82 Mexico Business Analytics Software Market, 2017 - 2020, USD Million
TABLE 83 Mexico Business Analytics Software Market, 2021 - 2027, USD Million
TABLE 84 Mexico Business Analytics Software Market by Component, 2017 - 2020, USD Million
TABLE 85 Mexico Business Analytics Software Market by Component, 2021 - 2027, USD Million
TABLE 86 Mexico Business Analytics Software Market by Vertical, 2017 - 2020, USD Million
TABLE 87 Mexico Business Analytics Software Market by Vertical, 2021 - 2027, USD Million
TABLE 88 Mexico Business Analytics Software Market by Organization Size, 2017 - 2020, USD Million
TABLE 89 Mexico Business Analytics Software Market by Organization Size, 2021 - 2027, USD Million
TABLE 90 Mexico Business Analytics Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 91 Mexico Business Analytics Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 92 Mexico Business Analytics Software Market by Application, 2017 - 2020, USD Million
TABLE 93 Mexico Business Analytics Software Market by Application, 2021 - 2027, USD Million
TABLE 94 Rest of North America Business Analytics Software Market, 2017 - 2020, USD Million
TABLE 95 Rest of North America Business Analytics Software Market, 2021 - 2027, USD Million
TABLE 96 Rest of North America Business Analytics Software Market by Component, 2017 - 2020, USD Million
TABLE 97 Rest of North America Business Analytics Software Market by Component, 2021 - 2027, USD Million
TABLE 98 Rest of North America Business Analytics Software Market by Vertical, 2017 - 2020, USD Million
TABLE 99 Rest of North America Business Analytics Software Market by Vertical, 2021 - 2027, USD Million
TABLE 100 Rest of North America Business Analytics Software Market by Organization Size, 2017 - 2020, USD Million
TABLE 101 Rest of North America Business Analytics Software Market by Organization Size, 2021 - 2027, USD Million
TABLE 102 Rest of North America Business Analytics Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 103 Rest of North America Business Analytics Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 104 Rest of North America Business Analytics Software Market by Application, 2017 - 2020, USD Million
TABLE 105 Rest of North America Business Analytics Software Market by Application, 2021 - 2027, USD Million
TABLE 106 Key Information – Adobe, Inc.
TABLE 107 Key information – IBM Corporation
TABLE 108 key information – Microsoft Corporation
TABLE 109 Key Information – Oracle Corporation
TABLE 110 Key Information –Salesforce.com, Inc.
TABLE 111 Key Information – SAP SE
TABLE 112 Key information – SAS Institute, Inc.
TABLE 113 Key Information – Google LLC
TABLE 115 key information – QlikTech International AB
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2022,Feb – 2019, Apr) Leading Players
FIG 5 Recent Strategies and Development: Adobe, Inc.
FIG 6 SWOT Analysis: Adobe, inc.
FIG 7 Recent Strategies and Development: Microsoft Corporation
FIG 8 Recent Strategies and Development: Oracle Corporation
FIG 9 SWOT analysis: Oracle Corporation
FIG 10 Recent Strategies and Development: Salesforce.com, Inc.
FIG 11 SWOT Analysis: Salesforce.com Inc.
FIG 12 Recent Strategies and Development: SAP SE
FIG 13 SWOT Analysis: SAP SE
FIG 14 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 16 Recent Strategies and Developments: QlikTech International AB