What is the growth rate of the India Analytics Market?
According to 6Wresearch internal database and industry insights, the India Analytics Market is expected to grow at a CAGR of 14% during 2025‑2031.
Key factors contributing to this growth include the increasing adoption of data driven decision-making in organizations, the growth of digital platforms that generate both structured and unstructured data, and the increased adoption of analytical solutions across various domains, including banking, telco and the healthcare vertical.
Growth Factors for India Analytics Industry
- Accelerated digital transformation initiatives across enterprises will drive demand for analytical capabilities.
- The proliferation of data from mobile, IoT and online channels will fuel the need for analytical insight.
- The adoption of cloud based analytical tools by small and medium enterprises will improve accessibility to analytics.
- Government supported digital infrastructure and open data platforms will enhance opportunities for the growth of analytics capabilities.
- The need for personalized customer experiences and predictive modeling in service industries will quicken time to insights and adoption of analytics.
India Analytics Market Trends
The India Analytics Market is seeing trends of self-service business intelligence tools which allow non-technical users to identify insights, and the growing integration of analytics with AI and machine learning, to drive predictive and prescriptive insights. In addition, the increased adoption of hybrid cloud Analytics deployment models combining cloud and on-premise systems, and the development of vertical specific analytics solutions targeted for use in retail, logistics and healthcare verticals is growing.
Emerging Developments in the India Analytics Market
The India Analytics Market is seeing developments including the rise of managed analytics services delivered by third‑party providers to simplify adoption, and the increasing use of actuarial and behavioural analytics in financial services for credit and fraud risk management. There is also a growing trend of regional analytics centres of excellence being established by service firms to tap local talent and drive innovation in analytics applications.
List of Leading Companies in the India Analytics Market
Some of the leading companies include:
- Tata Consultancy Services Ltd.
- Infosys Ltd.
- Mu Sigma Inc.
- Fractal Analytics Pvt. Ltd.
- LatentView Analytics Ltd.
- Wipro Ltd.
- HCL Technologies Ltd.
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