Global Data Analytics Outsourcing Market Overview
Introduction:
Data Analytics Outsourcing Market accounted for US$ 14.5 billion in 2024 and is estimated to be US$ 286.3 billion by 2034 and is anticipated to register a CAGR of 4.60%
Data analytics outsourcing is a cooperation model under which a company entrusts a service provider with its data and gets access to insightful reporting. At the same time, the provider takes care of infrastructure setup & support, data management, and data analysis. Outsourcing allows you to leverage data analytics according to your budget. At different stages of business analytics, a huge amount of data is processed and depending on the requirement of the type of analysis, there are 5 types of analytics- Descriptive, Diagnostics, Predictive, Prescriptive, and cognitive analysis. Outsourcing helps in reducing costs, increasing efficiency, increasing focus on strategy etc. In this raw data is converted into machine readable form, flow of data through the CPU and memory to output devices, and formatting or transformation of output.
Global Data Analytics Outsourcing Market Dynamics
Rising amount of data production
In recent times, digital data production has registered significant growth, and is estimated to increases more during the forecast period. Increasing penetration of digital instruments, such as computers and phones, in the daily life is one the main factor that drives the growth of the market. Additionally, acceptance of cloud computing and internet of things (IoT) technology among various organizations is another factor that boost the production of data. Rising awareness among organizations of using specialized analytical tools is expected to fuel the growth of the target market.
However, high cost associated with data analytics tools is a major factor expected to restrain the growth of the global market. In addition, lack of skilled professionals is the major root cause that hampers the growth of the target market
Global Data Analytics Outsourcing Market Segmentation
Data analytics outsourcing market is segmented based on type, end user and region.
On the basis of type, the data analytics outsourcing market is segmented into business analytics, CRM analytics, supply chain analytics, risk analytics, and others. On the basis of application, the target market is segmented into retail, agriculture, automotive, aviation, and other.
Regional Insights:
On region the data analytics outsourcing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the target market in terms of revenue, due to acceptance of advance digital technologies by prominent players and well-developed IT sector in the region. Asia Pacific is expected to witness largest share in the global data analytics outsourcing market during the forecast period. This owing to surge in digitalization and e-commerce services for different organizations in the countries such as India and China.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
|
Market Segmentation |
By Type- Business Analytics, CRM Analytics, Supply Chain Analytics, Risk Analytics and Other By End User– Retail, Agriculture, Automotive, Aviation, and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global data analytics outsourcing market report based on type, end user and region.
Data Analytics Outsourcing Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Data Analytics Outsourcing Market Key Players
The key players operating in the data analytics outsourcing market includes Tata Consultancy Services, Ltd., CITI Fractal Analytics, Inc., Cognizant Technology Solutions, Corp., ZS Associates, Inc., WIPRO, LLC, Opera Solutions, LLC, Mu Sigma, Inc., Infosys Consulting, Inc., Capgemini, EE, American Express, Inc.
Global Data Analytics Outsourcing Market Company Profile
- Tata Consultancy Services, Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CITI Fractal Analytics, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cognizant Technology Solutions, Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ZS Associates, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WIPRO, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Opera Solutions, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mu Sigma, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Infosys Consulting, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Capgemini, EE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- American Express, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Data Analytics Outsourcing Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024-2034
- Segment Trends
- Business Analytics Outsourcing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- CRM Analytics Outsourcing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Supply Chain Analytics Outsourcing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Risk Analytics Outsourcing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Overview
- Market Segmentation, By End-User, 2024-2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024-2034
- Segment Trends
- Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Agriculture
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Aviation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
- Overview
- Global Market, By Region, 2024-2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024-2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2024-2034
- Market Size and Forecast (US$ Bn), By End-User, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024-2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2024-2034
- Market Size and Forecast (US$ Bn), By End-User, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024-2034
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2024-2034
- Market Size and Forecast (US$ Bn), By End-User, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024-2034
- India
- Japan
- South Korea
- China
- Rest of Asia Pacifi
- Overview
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2024-2034
- Market Size and Forecast (US$ Bn), By End-User, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024-2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2024-2034
- Market Size and Forecast (US$ Bn), By End-User, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024-2034
-
- GCC
- Israel
- South Africa
- Rest of Middle East
- Middle East & Africa
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profile
- Tata Consultancy Services, Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CITI Fractal Analytics, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cognizant Technology Solutions, Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ZS Associates, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WIPRO, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Opera Solutions, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mu Sigma, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Infosys Consulting, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Capgemini, EE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- American Express, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
Data Analytics Outsourcing Market report segments the market basis on the type, end-user and region.
Increased usage of linked devices such as robotics, sensors, and smart phones is promoting global industrial growth, which is likely to promote data analytics outsourcing market growth.
Asia-Pacific is expected to dominate the market
The leading players operating in the Data Analytics Outsourcing Market includes Tata Consultancy Services, Ltd., CITI Fractal Analytics, Inc., Cognizant Technology Solutions, Corp., ZS Associates, Inc., WIPRO, LLC, Opera Solutions, LLC, Mu Sigma, Inc., Infosys Consulting, Inc., Capgemini, EE and American Express, Inc.