What is the current size and annual growth rate of the insights-as-a-service market?
The insights-as-a-service market size has grown exponentially in recent years. It will grow from $6.07 billion in 2024 to $7.53 billion in 2025 at a compound annual growth rate (CAGR) of 24.2%. The growth in the historic period can be attributed to increased adoption of edge computing, cross-platform integration, advanced analytics and machine learning, digital transformation, data explosion.
The insights-as-a-service market size is expected to see rapid growth in the next few years. It will grow to $13.27 billion in 2029 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to focus on user experience, rise of hybrid and multi-cloud deployments, focus on explainability in AI, integration with internet of things (IoT), focus on data governance and compliance. Major trends in the forecast period include AI-driven insights, augmented analytics, real-time and streaming analytics, blockchain for data integrity, automated data governance.
Get Your Free Sample of The Global Insights-As-A-Service Market Report:
Insights-As-A-Service Market Report 2025
What key drivers have fueled the insights-as-a-service market’s development over the years?
The rising big data is expected to propel the growth of the insights-as-a-service market going forward. Big data is defined as extraordinarily massive and diversified collections of organized, fragmented, and semi-structured information. The businesses generating enormous amounts of data due to technological innovations is contributing to large volumes of big data. Insights-as-a-service enables enterprises to extract actionable knowledge, identify patterns, and make educated decisions from large and complicated datasets. For instance, in December 2022, according to a report published by The Linux Foundation, a US-based non-profit consortium, data growth for an average end-user organization reached a significant 2,208 terabyte in 2022, an increase of 215.43%, or three times the 700 terabytes in 2021. Therefore, the rising big data is driving the insights-as-a-service market.
What is the segmentation for the insights-as-a-service market?
The insights-as-a-service market covered in this report is segmented –
1) By Type: Predictive Insights, Descriptive Insights, Prescriptive Insights
2) By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud
3) By Organization Size: Large Enterprise, Small And Medium Enterprise
4) By Application: Revenue Cycle Management, Governance Risk And Compliance, Branding And marketing Management, Customer Analytics, Strategy Management, Supply Chain Management, Other Applications
5) By Vertical: Banking Financial Services And Insurance (BFSI), Healthcare And Life Sciences, Retail And Consumer Goods, Energy And Utilities, Manufacturing, Telecommunication And Information Technology, Government And Public Sector, Other Verticals
Subsegments:
1) By Predictive Insights: Forecasting Models, Risk Assessment Tools, Trend Analysis Solutions, Customer Behavior Prediction
2) By Descriptive Insights: Data Visualization Tools, Reporting And Dashboard Services, Historical Data Analysis, Key Performance Indicator (KPI) Tracking
3) By Prescriptive Insights: Recommendation Engines, Optimization Models, Decision Support Systems, Scenario Analysis And Simulation Tools
Order your report now for swift delivery
Insights-As-A-Service Market Report 2025
Who are the most influential companies in the insights-as-a-service market?
Major companies operating in the insights-as-a-service market report are Microsoft Corporation, Dell Inc., Deloitte Touche Tohmatsu Limited, Accenture Plc, International Business Machines Corporation, Oracle Corporation, Tata Consultancy Services, Nokia Corporation, Capgemini SE, NTT DATA Corporation, Infosys Limited, Wipro Limited, Concentrix Corporation, Juniper Networks Inc, Dynatrace Inc, GAVS Technologies, Civica, Tiger Analytics, Sisense Inc, Hitech BPO, Analytics Quotient, Good Data, ACTICO GmbH, Smartfocus, Zephyr Health, Sand Hill Group, Crediwatch
What are the top industry trends projected to impact the insights-as-a-service market?
Major companies operating in the insights-as-a-service market are focused on developing innovative solutions such as mytonomy analytics cloud solutions to strengthen their position in the market. These solutions employ data, statistics, simulation, and machine learning to anticipate and plan for future occurrences or opportunities, offering actionable insights and solutions to data-related difficulties. For instance, in November 2023, Mytonomy Inc., a US-based healthcare cloud solution provider, launched mytonomy analytics cloud, powered by Sisense. It is a healthcare cloud service powered by Sisense that adds significant new insights and interaction features to mytonomy’s cloud. It allows healthcare practitioners to easily track, anticipate, and allocate resources where they are most needed by integrating Sisense’s health insurance portability and accountability act (HIPAA) -compliant advanced analytics capabilities, resulting in time savings and improved patient care. The real-time predictive analytics and insights intended to support health systems in optimizing staff productivity, streamlining procedures, and making data-driven decisions about patient outreach.
What are the major regional insights for the insights-as-a-service market, and which region holds the top position?
North America was the largest region in the insights-as-a-service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insights-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Insights-As-A-Service Market Report 2025 Offer?
The insights-as-a-service market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Insights-as-a-solution (IaaS) is a cloud-based solution that helps companies gain actionable data and insights from analytics. It employs predictive analytics and business intelligence to extract insights from cloud-based data warehouses and handle data-specific difficulties.
Purchase the exclusive report now to unlock valuable market insights:
Insights-As-A-Service Market Report 2025
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: The Business Research Company | London
YouTube: The Business Research Company
Blog: Courier Services Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities – Latest Global Market Insights
Healthcare Blog: Latest Healthcare Research Reports – By The Business Research Company
Global Market Model: Global Market Intelligence Database
