Posted 2/19/2024, 11:40:00 AM
AaaS Market to Skyrocket to $85B by 2032 as Data Analysis Needs Surge
- Analytics as a Service (AaaS) market valued at $10.3B in 2023, expected to reach $85.1B by 2032 with a 26.4% CAGR
- AaaS provides insights into data to help companies make informed, data-driven decisions to drive growth
- Demand for AaaS rising across industries as technology generates more data that needs analysis
- Large enterprises dominate AaaS market by investing heavily to understand businesses and leverage data
- Prominent AaaS providers include Microsoft, Google, IBM, Oracle, SAP, HP, GoodData, Atos, Cloudera, ThoughtSpot