What is Embedded Analytics Software Market?
Embedded analytics software automates the business intelligence capabilities in the business operation. This software helps in incorporating the self-service analytics abilities into the application. Moreover, it also provides extra features such as embedded dashboards, mobile reporting, application development, and other such features that allow easier and efficient analysis. It also offers the self-service analysis benefits which are required for easier and convenient operation.
The market study is being classified, by Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and major geographies with country level break-up.
Logi Analytics, Inc. (United States), TIBCO Software (United States), Plotly (Canada), Intellicus (United States), Qlik (United States), Infragistics, Inc. (United States) and ThoughtSpot, Inc. (United States) are some of the key players profiled in the study.
Segment Analysis
Analyst at AMA have segmented the market study of Global Embedded Analytics Software market by Type, Application and Region.
On the basis of geography, the market of Embedded Analytics Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Demand for Automation in the Implementation of Business Intelligence
- Need for Enhanced Customer Experience Offering Convenient Reporting
Market Trend
- The popularity of Customized Embedded Analysis Solutions
- Increasing Use of Real-Time Embedded Analytics Software
Restraints
- Requirements of Skills to Operate Embedded Analytics Software
Opportunities
- Growing Data Creation in Every Industry and in Each Business Size Organisation will Boost the Embedded Analytics Software Market
Challenges
- Technological Problems like Connectivity and Supportability with Embedded Analytics Software
Market Leaders and some development strategies
On 22nd October 2020, TIBCO Software announced its intent to acquire data and analytics software vendor Information Builders, according to a press release on the company’s website. The news comes just a few short months after Information Builders announced its re-branding to ibi. Information Builders is a New York-based solution provider that offers a wide range of BI and data management software tools. The company’s WebFOCUS platform features self-service analytics and data discovery, a visual discovery insight mode, predictive capabilities, and more.
On 10th June 2020, Logi Analytics Launches Industry-First Out-of-the-Box Embedded Analytics Development Platform. Specifically designed and built for software development teams, Logi Composer delivers the first out-of-the-box development experience for embedded analytics. and On 13th August 2019, With the launch of its new Reveal embedded business intelligence platform, Infragistics makes it easy for users to interpret, visualize, and share relevant insights from an organization's data.
Key Target Audience
Embedded Analytics Software Developers, Embedded Analytics Software Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others