Overview and Scope
Insights-as-a-solution (IaaS) is a cloud-based solution that helps companies gain actionable data and insights from analytics. It employs predictive analytics and business intelligence to extract insights from cloud-based data warehouses and handle data-specific difficulties.
Sizing and Forecast
The insights-as-a-service market size has grown exponentially in recent years. It will grow from $4.88 billion in 2023 to $6.07 billion in 2024 at a compound annual growth rate (CAGR) of 24.3%. The growth in the historic period can be attributed to increased adoption of edge computing, cross-platform integration, advanced analytics and machine learning, digital transformation, data explosion.
The insights-as-a-service market size is expected to see exponential growth in the next few years. It will grow to $10.99 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to focus on user experience, rise of hybrid and multi-cloud deployments, focus on explainability in AI, integration with internet of things (IoT), focus on data governance and compliance. Major trends in the forecast period include AI-driven insights, augmented analytics, real-time and streaming analytics, blockchain for data integrity, automated data governance.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/insights-as-a-service-global-market-report
Segmentation & Regional Insights
The insights-as-a-service market covered in this report is segmented –
1) By Type: Predictive Insights, Descriptive Insights, Prescriptive Insights
2) By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud
3) By Organization Size: Large Enterprise, Small And Medium Enterprise
4) By Application: Revenue Cycle Management, Governance Risk And Compliance, Branding And Marketing Management, Customer Analytics, Strategy Management, Supply Chain Management, Other Applications
5) By Vertical: Banking Financial Services And Insurance (BFSI), Healthcare And Life Sciences, Retail And Consumer Goods, Energy And Utilities, Manufacturing, Telecommunication And Information Technology, Government And Public Sector, Other Verticals
North America was the largest region in the insights-as-a-service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insights-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13866&type=smp
Major Driver Impacting Market Growth
The rising big data is expected to propel the growth of the insights-as-a-service market going forward. Big data is defined as extraordinarily massive and diversified collections of organized, fragmented, and semi-structured information. The businesses generating enormous amounts of data due to technological innovations is contributing to large volumes of big data. Insights-as-a-service enables enterprises to extract actionable knowledge, identify patterns, and make educated decisions from large and complicated datasets. For instance, in December 2022, according to a report published by The Linux Foundation, a US-based non-profit consortium, data growth for an average end-user organization reached a significant 2,208 terabyte in 2022, an increase of 215.43%, or three times the 700 terabytes in 2021. Therefore, the rising big data is driving the insights-as-a-service market.
Key Industry Players
Major companies operating in the insights-as-a-service market report are Microsoft Corporation, Dell Inc., Deloitte Touche Tohmatsu Limited, Accenture Plc, International Business Machines Corporation, Oracle Corporation, Tata Consultancy Services, Nokia Corporation, Capgemini SE, NTT DATA Corporation, Infosys Limited, Wipro Limited, Concentrix Corporation, Juniper Networks Inc, Dynatrace Inc, GAVS Technologies, Civica, Tiger Analytics, Sisense Inc, Hitech BPO, Analytics Quotient, Good Data, ACTICO GmbH, Smartfocus, Zephyr Health, Sand Hill Group, Crediwatch
The insights-as-a-service market report table of contents includes:
1. Executive Summary
2. Insights-As-A-Service Market Characteristics
3. Insights-As-A-Service Market Trends And Strategies
4. Insights-As-A-Service Market – Macro Economic Scenario
5. Global Insights-As-A-Service Market Size and Growth
…..
32. Global Insights-As-A-Service Market Competitive Benchmarking
33. Global Insights-As-A-Service Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Insights-As-A-Service Market
35. Insights-As-A-Service Market Future Outlook and Potential Analysis
36. Appendix
Explore the trending research reports from TBRC:
https://topprnews.com/car-phone-holder-market-growth/
https://topprnews.com/cloud-telephony-services-market-forecast/
https://topprnews.com/future-of-customer-relationship-management-market-trends/
https://goodprnews.com/environment-health-and-safety-market-insights/
https://goodprnews.com/geostationary-orbit-geo-satellite-market-growth/
https://goodprnews.com/jobsite-radio-market-trends/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
