Embedded Analytics Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to embedded analytics market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Embedded Analytics Market News

  • In October 2023, Oracle Netsuite announced updates to Netsuite Analytics Warehouse with the goal of providing users with more meaningful data insights. The improvements provide many features that improve the user experience, such as dashboards with embedded analytics, frequent data revivals, better financial data analysis, and improved customer access control.
  • In September 2023, Syspro announced the release of SYSPRO 8, an ERP program with more capabilities. With improvements to SYSPRO Embedded Analytics, the solution enhances its predictive capabilities. Enhanced quality control, better warehouse operation, and smooth automation are some of its other characteristics.
  • In March 2023, Yellowbrick and Panintelligence announced a strategy to expedite and simplify embedded analytics for SaaS-based applications. The partnership wants to facilitate the application of these analytics in cloud SaaS and on-premises data warehouses.

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Embedded Analytics Market size was valued at USD 57.91 Billion in 2023 and is poised to grow from USD 66.08 Billion in 2024 to USD 189.79 Billion by 2032, growing at a CAGR of 14.1% during the forecast period (2025-2032).

The competitive scenario of the global embedded analytics market is characterized by intense competition between key players trying to increase their market share. Leading companies such as Tableau Software, Microsoft Corporation, SAP SE, and IBM Corporation continue to dominate the market with their technological expertise and extensive customer base. Furthermore, industry leaders are focusing on innovation, strategic partnerships, mergers, and acquisitions to address the embedded analytics space ahead, emerging players and startups are contributing to a competitive edge by introducing key solutions and disrupting traditional channels. The market is dynamic, companies compete not only for products and services but also for the ability to adapt to evolving data analytics trends, ensure seamless integration of business applications, and provide strong customer support. It is likely to see further development-driven developments and the pursuit of complete, easy-to-use solutions. 'Microsoft Corporation (US)', 'IBM Corporation (US)', 'SAP SE (Germany)', 'SAS Institute (US)', 'Oracle Corporation (US)', 'MicroStrategy Incorporated (US)', 'Tableau Software (US)', 'TIBCO Software (US)', 'Birst (US)', 'Logi Analytics (US)', 'QlikTech International (US)', 'Sisense (US)', 'Information Builders (US)', 'Open Text Corporation (Canada)', 'Yellowfin International (Australia)'

One of the major drivers of the global embedded analytics market is the growing demand for data-driven decision-making across industries. Organizations will see the value of extracting meaningful insights from their data to make informed business decisions. Embedded analytics seamlessly integrates analytics tools with the capabilities of existing business applications, allowing users to analyze and visualize data without switching between platforms. Thus this integration delivers real-time insights, creates a culture of informed decision-making, ultimately increases business growth Increases productivity.

An emerging trend in the embedded analytics market is the growing capabilities of artificial intelligence (AI) and machine learning (ML) As organizations seek to extract deeper insights from their data, it becomes imperative to leverage AI and ML functionality will be included in assessment tools. This advanced technology improves predictive analytics, automates decision-making processes, and provides accurate and personalized insights. The trend towards the integration of AI and ML in embedded analytics reflects a shift in approach to leveraging advanced analytics capabilities to gain a competitive edge in the data-driven industry.

North America, particularly the United States, has historically been the dominant region in the embedded analytics market. The industry benefits from mature technology infrastructure, extensive use of technologies across industries, and a strong ecosystem of technology companies. Key players in the software analytics industry contribute to the dominance of North America in the embedded analytics market. In addition, the company’s innovation, focus on research and development, and rapid adoption of advanced technologies further solidify its leadership position.

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Global Embedded Analytics Market
Embedded Analytics Market

Report ID: SQMIG45A2224

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