Product Code: ETC4395445 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Advanced analytics solutions are becoming increasingly essential in India for unlocking valuable insights from data. Businesses are using these tools to identify trends, make informed decisions, and gain a competitive edge in their respective industries.
The India Advanced Analytics market is growing due to the need for deeper insights and more sophisticated analytical techniques to gain a competitive edge. Businesses in India are increasingly adopting advanced analytics to uncover hidden patterns and trends in data, enabling better decision-making and strategic planning. The rapid accumulation of data from various sources, including IoT devices, is propelling the adoption of advanced analytics solutions across sectors.
Advanced analytics confronts challenges in handling diverse data sources and complex modeling techniques. Extracting actionable insights from big data and ensuring that analytics align with business objectives is complex. Data governance and compliance with data privacy laws are important considerations.
The COVID-19 pandemic has accelerated the adoption of advanced analytics in India across various sectors. With the sudden shift in consumer behavior and business dynamics, organizations are increasingly relying on advanced analytics to gain insights into market trends, customer behavior, and supply chain disruptions. This has boosted the demand for data analytics services and solutions in the country, as companies seek to make informed decisions during these uncertain times.
In the India Advanced Analytics Market, key players are playing a pivotal role in the growth of the analytics industry. Notable companies such as SAS Institute Inc., IBM Corporation, Accenture Plc, and TCS (Tata Consultancy Services) offer advanced analytics solutions that help organizations extract actionable insights from their data. These players provide a wide range of analytics services, including machine learning, artificial intelligence, and data-driven decision support, enabling India businesses to enhance their decision-making processes and gain a competitive edge in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Advanced Analytics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Advanced Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 India Advanced Analytics Market - Industry Life Cycle |
3.4 India Advanced Analytics Market - Porter's Five Forces |
3.5 India Advanced Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 India Advanced Analytics Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 India Advanced Analytics Market Revenues & Volume Share, By Business Function , 2021 & 2031F |
3.8 India Advanced Analytics Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
4 India Advanced Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for data-driven decision-making in Indian businesses |
4.2.2 Growing adoption of advanced analytics in sectors like banking, healthcare, and retail |
4.2.3 Government initiatives promoting digital transformation and analytics usage in India |
4.3 Market Restraints |
4.3.1 Limited availability of skilled professionals in advanced analytics |
4.3.2 Data privacy and security concerns hindering widespread adoption |
4.3.3 High initial investment and ongoing maintenance costs for advanced analytics solutions |
5 India Advanced Analytics Market Trends |
6 India Advanced Analytics Market, By Types |
6.1 India Advanced Analytics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Advanced Analytics Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 India Advanced Analytics Market Revenues & Volume, By Solutions , 2021-2031F |
6.1.4 India Advanced Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Advanced Analytics Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Advanced Analytics Market Revenues & Volume, By Big Data Analytics, 2021-2031F |
6.2.3 India Advanced Analytics Market Revenues & Volume, By Risk Analytics, 2021-2031F |
6.3 India Advanced Analytics Market, By Business Function |
6.3.1 Overview and Analysis |
6.3.2 India Advanced Analytics Market Revenues & Volume, By Sales & Marketing, 2021-2031F |
6.3.3 India Advanced Analytics Market Revenues & Volume, By Operations, 2021-2031F |
6.4 India Advanced Analytics Market, By Deployment Mode |
6.4.1 Overview and Analysis |
6.4.2 India Advanced Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 India Advanced Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
7 India Advanced Analytics Market Import-Export Trade Statistics |
7.1 India Advanced Analytics Market Export to Major Countries |
7.2 India Advanced Analytics Market Imports from Major Countries |
8 India Advanced Analytics Market Key Performance Indicators |
8.1 Number of companies investing in in-house analytics teams or outsourcing analytics services |
8.2 Percentage of businesses integrating advanced analytics into their strategic decision-making processes |
8.3 Growth rate of the Indian advanced analytics software market |
8.4 Number of educational institutions offering specialized courses in advanced analytics |
8.5 Rate of adoption of advanced analytics tools and technologies in different industry verticals |
9 India Advanced Analytics Market - Opportunity Assessment |
9.1 India Advanced Analytics Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 India Advanced Analytics Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 India Advanced Analytics Market Opportunity Assessment, By Business Function , 2021 & 2031F |
9.4 India Advanced Analytics Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
10 India Advanced Analytics Market - Competitive Landscape |
10.1 India Advanced Analytics Market Revenue Share, By Companies, 2024 |
10.2 India Advanced Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |