$79.5 Billion Business Analytics Software Market - Global Trajectory & Analytics to 2027 - ResearchAndMarkets.com
Summary
Cloud, one of the segments analyzed in the report, is projected to grow at a 6% CAGR to reach US$47.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 4.8% CAGR for the next 7-year period. China, the world second largest economy, is forecast to reach an estimated market size of US$14 Billion in the year 2027 trailing a CAGR of 5.1% through 2027. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR while Rest of European market (as defined in the study) will reach US$14 Billion by the year 2027. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021.