GITNUX MARKETDATA REPORT 2024

System Of Insight Industry Statistics

System of Insight industry is expected to witness strong growth due to the increasing adoption of data-driven decision-making practices across various sectors.

Statistic 1

"The Global Systems of Insight Market size was valued at USD 1.2 billion in 2020."

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Statistic 2

"The industry is expected to grow at a CAGR of 28.4% from 2021-2027."

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Statistic 3

"The on-premises deployment segment had the highest market share (57.2%) in 2020."

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Statistic 4

"North America held the largest market share in Systems of Insight market in 2020."

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Statistic 5

"Financial services made up 32% of the application for systems of Insight in 2021."

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Statistic 6

"The use of predictive analytics in Systems of Insight is set to grow by 22% from 2021 to 2027."

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Statistic 7

"In 2020, top competitors IBM, SAP, and SAS held a combined market share of around 18%, indicating a highly competitive market field."

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Statistic 8

"Large enterprises held about 60% of Systems of Insight market in 2020."

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Statistic 9

"In Asia-Pacific region, the system of insight industry is projected to grow at the highest CAGR of 29% from 2021-2025."

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Statistic 10

"The healthcare sector is expected to witness the highest CAGR of 30% in systems of insight software during the forecast period (2021-2027)."

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Statistic 11

"The retail sector's use of System of Insight technology is expected to reach a valuation of USD 500 million by 2027."

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Statistic 12

"Predictive analytics segment in system of insight industry held over 20% of market share in 2020."

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Statistic 13

"The European Systems of Insight market is predicted to reach USD 500 Million by 2027."

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Statistic 14

"The Systems of Insight industry in Middle East & Africa is expected to grow by 25% from 2021-2027."

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Statistic 15

"Around 80% of new System of Insight applications deployed by enterprises will originate from outside IT departments by 2024."

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Statistic 16

"In 2020, the BFSI sector held the lion's share of 28% in the systems of insight market."

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Statistic 17

"The prescriptive analytics segment is expected to witness the highest growth rate of 32% during 2021-2027."

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Statistic 18

"By 2026, the global System of Insight market is expected to reach USD 4.5 Billion."

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