How big is the cloud analytics market | Growth Analytics 2025

Q: What is the current size of the cloud analytics market?

The cloud analytics market was valued at USD 29.7 billion in 2024 and is projected to reach USD 78.9 billion by 2031.

Q: What is the growth rate of the cloud analytics market?

The cloud analytics market is expected to grow at a CAGR of 15.1% during the forecast period.

Q: Which applications contribute the most in the cloud analytics market?

Business intelligence, sales forecasting, customer analytics, financial planning, and performance monitoring.

Q: What is driving demand in the cloud analytics market?

Data-driven decision-making, real-time insights, cloud scalability, and AI-powered analytics.

Q: What challenges does the cloud analytics market face?

Data privacy concerns, integration issues, limited skilled professionals, and high infrastructure costs.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5282

Publication Date: Jul 2025

How big is the Cloud Analytics Market?

According to 6Wresearch internal database and industry insights, the Global Cloud Analytics Market was valued at approximately USD 29.7 billion in 2024 and is projected to reach USD 78.9 billion by 2031, growing at a CAGR of 15.1%.

This growth is fueled by rising demand for scalable data analysis solutions, real-time insights, and growing adoption of AI and machine learning tools in cloud ecosystems.

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Key Growth Drivers of the Cloud Analytics Market

Soaring amounts of unstructured and structured information in all industries
Requirements of real-time corporate intelligence and data visualization
Due to the cost and operational efficiency associated with cloud adoption in the enterprises
Emerging adoption of AI/ML tool and involving cloud-based analytics platforms
Moving towards remote employment and online centric approaches in post-pandemic setups

Cloud Analytics Market Trends

The cloud analytics market is seeing strong demand for hybrid and multi-cloud analytics platforms. Organizations are leveraging self-service BI tools and low-code analytics environments. There’s growing integration of predictive analytics and natural language query features. Asia-Pacific is witnessing fast adoption due to increased digital transformation across SMEs and large enterprises.

Emerging Developments in the Cloud Analytics Market

Recent innovations include federated analytics, data fabric architecture, and serverless analytics tools. Vendors are embedding advanced ML models for real-time decision-making. Collaborations between analytics providers and cloud infrastructure firms are enhancing platform capabilities. Edge-cloud integration is also emerging to reduce latency and process data closer to the source.