Sector to reach USD 165.72 billion by 2030 at a CAGR of 11.85%

by Arthur · May 2, 2023

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The global Embedded Analytics market was valued at USD 58.95 billion in 2022 and is expected to expand to USD 165.72 billion by 2030, with a CAGR of 11.85% during the forecast period 2023-2030.

Market drivers

Embedded analytics allows individuals to see the information in context, leading to better results and gaining valuable insights at the decision point. As a result, the demand for embedded analytics is increasing during the forecast period. Furthermore, the rapid adoption of smartphones has increased the speed of digitization worldwide, increasing the demand for the market.

Furthermore, increasing use of handheld devices and cloud computing and implementation of cloud computing technologies is one of the major factors expected to drive the growth of the embedded analytics market over the forecast period 2023-2030.

Market Restrictions

The high replacement costs are expected to hinder the growth of the embedded analytics market. The systems can be beneficial in many ways, but replacing old systems with the right embedded analytics software is a very expensive business.

Furthermore, employee training and competence building is also an expensive process, which is expected to hinder market income growth.

Regional analysis

The global embedded analytics market is segmented into five regions such as North America, Latin America, Europe, Asia Pacificand Middle East & Africa.

The North American region is expected to dominate the embedded analytics market due to the increasing attention of major industry end users including retail, BFSI, healthcare and government on embedded analytics. Moreover, the presence of key market players will further increase market growth in this region.

The Asia-Pacific the region shall continue to project the highest CAGR over the forecast period of 2030 due to the growth and expansion of industry verticals in this region. The region is also a dominant player in cloud service applications.

Market Taxonomy
By business function

Finance
Human Resources (HR)
IT

By component

Software
Managed Services
Professional services

By end user

Telecommunications
IT
Production
The authorities
Energy and utilities
Media and entertainment
Others

By region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Key topics covered:

1. Introduction
1.1 Objectives of the study
1.2 Market definition
1.3 Market scope

2 Research methodology
2.1 Data extraction
2.2 Validation
2.3 Primary interviews
2.4 List of data sources

3 Summary

4 Global Blockchain Identity Management Market Outlook

5 Global Blockchain Identity Management Market, by Service Providers

6 Global Blockchain Identity Management Market, by Organization Size

7 Global Blockchain Identity Management Market, by End User

8 Global Blockchain Identity Management Market, by Region

9 North America Blockchain Identity Management Market Analysis and Forecast (2023-2030)

10 Europe Blockchain Identity Management Market Analysis and Forecast (2023-2030)

11 Asia Pacific Blockchain Identity Management Market Analysis and Forecast (2023-2030)

12 Latin America Blockchain Identity Management Market Analysis and Forecast (2023-2030)

13 Middle East Blockchain Identity Management Market Analysis and Forecast (2023-2030)

14 Competitive analysis

15 Company profiles

Companies mentioned

Amazon Web Services Inc.
IBM
Bitfury Group Limited
Civic Technologies Inc.
EVERNYM INC.
NETKI
Microsoft
Oracle
KYC-CHAIN LIMITED
Fact

For more information on this report, visit https://www.researchandmarkets.com/r/pksxrm

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