GITNUX MARKETDATA REPORT 2024

Embedded Analytics Industry Statistics

The embedded analytics industry is expected to grow steadily as organizations increasingly prioritize data-driven decision-making, with a projected market value of $59.9 billion by 2026.

Statistic 1

"By 2025, the embedded analytics market size is expected to reach $77.52 billion, at a CAGR of 13.6% during 2020-2025."

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Statistic 2

"B2B industries make up 73% of the embedded analytics market."

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Statistic 3

"Almost half of all companies believe embedded analytics to be essential."

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Statistic 4

"The majority (89%) of app teams are investing in embedded analytics."

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Statistic 5

"By 2023, 44% of embedded analytics applications will use artificial intelligence algorithms."

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Statistic 6

"The North American region accounted for the largest market share of 38.6% in 2019."

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Statistic 7

"A 15% increase in total productivity is seen from using embedded analytics tools."

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Statistic 8

"45% of application teams state time to market as the biggest challenge for implementing embedded analytics."

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Statistic 9

"The business intelligence and analytics software segment makes up 36% of the total embedded analytics market."

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Statistic 10

"Among customers, 84% agree that embedded analytics has added value to their product."

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Statistic 11

"More than 60% of businesses use embedded analytics to analyze their data."

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Statistic 12

"As of 2020, the Embedded analytics software industry was valued at $31.6 billion."

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Statistic 13

"92% of the most successful applications are embedding analytics."

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Statistic 14

"The banking sector makes up 21% of the total embedded analytics market."

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Statistic 15

"The Information Technology (IT) sector is expected to grow at a CAGR of 14.1% during the forecast period 2020-2025."

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Statistic 16

"The Asia Pacific region is expected to grow at the highest CAGR in the embedded analytics market during the forecast period"

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Statistic 17

"81% of companies are looking to increase their investment in embedded analytics over the next year."

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