Product Code: ETC4397425 | 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 | |
Analytics as a service (AaaS) is a growing market in India, as businesses seek to outsource their analytics needs. AaaS providers offer analytics solutions on a subscription basis, enabling organizations to access and leverage advanced analytics capabilities without heavy upfront investments in infrastructure and expertise.
The India Analytics as a Service market is experiencing rapid growth, propelled by several key drivers. Firstly, the increasing recognition of the value of data-driven insights in decision-making has led organizations to seek analytics as a service to harness the power of data without significant upfront investments. The scalability and cost-efficiency of cloud-based analytics services make them an attractive option for businesses of all sizes. Secondly, the growing adoption of AI and machine learning in analytics has improved the accuracy and predictive capabilities of analytics as a service. Thirdly, the government`s initiatives to promote cloud adoption and digital transformation in the public sector have encouraged the use of analytics as a service. Additionally, the shift towards remote work and digital collaboration, accelerated by the COVID-19 pandemic, has made cloud-based analytics solutions indispensable for organizations. As data continues to be a critical asset in India, the India Analytics as a Service market is poised for substantial expansion.
The challenges in the analytics as a service market in India revolve around data integration and interoperability. Organizations often have diverse data sources and legacy systems, making it difficult to seamlessly integrate cloud-based analytics solutions. Ensuring that analytics services are flexible and adaptable to a variety of data environments is an ongoing challenge.
The COVID-19 pandemic accelerated the adoption of analytics as a service in India. With the need for cost-effective and scalable analytics solutions, businesses turned to cloud-based analytics services. Analytics as a service provided the flexibility to access and analyze data without significant infrastructure investments. As the business landscape continues to evolve, the India analytics as a service market is expected to witness sustained growth, with a focus on cost efficiency and rapid deployment.
In the India Analytics as a Service market, leading providers including Amazon Web Services, Microsoft Corporation, IBM Corporation, and Google Cloud are pivotal in delivering cloud-based analytics services. Their platforms enable businesses to harness the power of data analytics without the need for extensive infrastructure, offering scalable and cost-effective solutions to drive data-driven decision-making and innovation across various industries.
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 Analytics as a Service Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Analytics as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 India Analytics as a Service Market - Industry Life Cycle |
3.4 India Analytics as a Service Market - Porter's Five Forces |
3.5 India Analytics as a Service Market Revenues & Volume Share, By Industry Vertical , 2021 & 2031F |
3.6 India Analytics as a Service Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Analytics as a Service Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 India Analytics as a Service Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.9 India Analytics as a Service Market Revenues & Volume Share, By Enterprise Size, 2021 & 2031F |
4 India Analytics as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud-based solutions in India |
4.2.2 Growing demand for real-time data analytics |
4.2.3 Rising awareness about the benefits of analytics as a service |
4.3 Market Restraints |
4.3.1 Concerns regarding data privacy and security |
4.3.2 Lack of skilled professionals in the analytics field |
4.3.3 Slow digital transformation in certain industries |
5 India Analytics as a Service Market Trends |
6 India Analytics as a Service Market, By Types |
6.1 India Analytics as a Service Market, By Industry Vertical |
6.1.1 Overview and Analysis |
6.1.2 India Analytics as a Service Market Revenues & Volume, By Industry Vertical , 2021-2031F |
6.1.3 India Analytics as a Service Market Revenues & Volume, By BFSI, 2021-2031F |
6.1.4 India Analytics as a Service Market Revenues & Volume, By Retail, 2021-2031F |
6.1.5 India Analytics as a Service Market Revenues & Volume, By Government and Public Sector, 2021-2031F |
6.1.6 India Analytics as a Service Market Revenues & Volume, By IT and Telecommunication, 2021-2031F |
6.1.7 India Analytics as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.8 India Analytics as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2 India Analytics as a Service Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Analytics as a Service Market Revenues & Volume, By Predictive, 2021-2031F |
6.2.3 India Analytics as a Service Market Revenues & Volume, By Prescriptive, 2021-2031F |
6.2.4 India Analytics as a Service Market Revenues & Volume, By Diagnostic, 2021-2031F |
6.2.5 India Analytics as a Service Market Revenues & Volume, By Descriptive, 2021-2031F |
6.3 India Analytics as a Service Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 India Analytics as a Service Market Revenues & Volume, By Solutions, 2021-2031F |
6.3.3 India Analytics as a Service Market Revenues & Volume, By Services, 2021-2031F |
6.4 India Analytics as a Service Market, By Deployment Type |
6.4.1 Overview and Analysis |
6.4.2 India Analytics as a Service Market Revenues & Volume, By Private Cloud, 2021-2031F |
6.4.3 India Analytics as a Service Market Revenues & Volume, By Public Cloud, 2021-2031F |
6.4.4 India Analytics as a Service Market Revenues & Volume, By Hybrid Cloud, 2021-2031F |
6.5 India Analytics as a Service Market, By Enterprise Size |
6.5.1 Overview and Analysis |
6.5.2 India Analytics as a Service Market Revenues & Volume, By Small and Medium-sized Enterprises, 2021-2031F |
6.5.3 India Analytics as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 India Analytics as a Service Market Import-Export Trade Statistics |
7.1 India Analytics as a Service Market Export to Major Countries |
7.2 India Analytics as a Service Market Imports from Major Countries |
8 India Analytics as a Service Market Key Performance Indicators |
8.1 Percentage increase in the number of companies adopting analytics as a service |
8.2 Average time taken to implement analytics solutions |
8.3 Rate of growth in demand for advanced analytics services |
8.4 Percentage of businesses using predictive analytics for decision-making |
8.5 Customer satisfaction scores related to analytics services |
9 India Analytics as a Service Market - Opportunity Assessment |
9.1 India Analytics as a Service Market Opportunity Assessment, By Industry Vertical , 2021 & 2031F |
9.2 India Analytics as a Service Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Analytics as a Service Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 India Analytics as a Service Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.5 India Analytics as a Service Market Opportunity Assessment, By Enterprise Size, 2021 & 2031F |
10 India Analytics as a Service Market - Competitive Landscape |
10.1 India Analytics as a Service Market Revenue Share, By Companies, 2024 |
10.2 India Analytics as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |