Cloud Analytics Industry

The global cloud analytics market size is expected to reach USD 130.63 billion by 2030, registering a CAGR of 25.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing trend of digitization and significant rise in big data is driving the adoption of cloud analytics solutions. Moreover, the increased data connectivity through multi-cloud and hybrid environments has resulted in the adoption of cloud analytics solutions in various industry verticals.

Incorporating analytics solutions and services into the cloud platform has allowed companies to stay competitive in the market and better control their business operations. Furthermore, it helps companies to reduce maintenance costs and expenses related to computation and data storage. The companies are focusing on producing innovative and easy-to-adapt solutions to help clients in their multi-cloud journey. For instance, in March 2022, Alteryx, Inc. announced the launch of Alteryx Analytics Cloud, an automated analytics platform. The platform offers no-code/ low-code capabilities that easily allow the extraction of insights and help businesses make informed decisions using data.

Enterprises of all sizes emphasize implementing business intelligence solutions into their operations to gain a competitive edge and collect, identify, exchange and preserve enormous data. The business intelligence solutions provide a simple and quick decision-making process. The key players focus on expanding their product portfolio through R&D or mergers and acquisitions. For instance, in July 2021, Atos SE announced the acquisition of Visual BI Solutions Inc., a business intelligence and cloud analytics solution provider in the U.S. The acquisition has allowed Atos SE to expand its service offerings and cater to the increasing demand from clients for analytics in the cloud.

Cloud analytics solutions offer numerous growth opportunities as it allows enterprises to manage large quantities of data by saving huge capital investment in hardware equipment and other tools. However, the increasing adoption of cloud technology is creating various data security problems, such as loss of industry-specific information and data theft creating concerns among enterprises of numerous industries.

Gather more insights about the market drivers, restrains and growth of the Global Cloud Analytics market

Cloud Analytics Market Segments Highlights:

• The solutions segment accounted for the largest market share in 2024, primarily due to the rising demand for cloud analytics solutions, increasing focus on technological advancements for cloud analytics solutions, and growing demand for business intelligence (BI) tools, enterprise information management solutions, governance, risk and compliance solutions, enterprise performance management solutions, and a variety of analytics tools.
• The public cloud segment dominated the market in 2024, owing to the growing demand for cloud computing solutions to analyze data and provide business intelligence (BI) insights and the growing need for cloud solutions by multiple organizations to use the same resources and services, such as virtual machines, data storage, and data processing, without sharing data.
• The sales and marketing segment dominated the market in 2024, owing to the growing adoption of cloud analytics solutions by businesses to analyze data, identify patterns, and make predictions, increasing popularity for CRM platforms that include powerful analytics tools to track sales pipelines, forecast revenue, analyze sales performance, and identify opportunities for improvement, rising need to provide AI-powered insights to optimize sales processes, predict deal outcomes, and improve sales productivity.
• BFSI dominated the market in 2024, owing to the growing demand for cloud analytics solutions by banks to analyze customer data to offer tailored financial products and services, such as personalized investment portfolios or customized loan offerings, increasing the need to gain real-time insights into customer behavior, preferences, and needs, and increasing need to predict potential failures and schedule maintenance proactively, minimizing downtime and reducing operational costs.
• The large enterprises segment accounted for the largest market share of over 63% in 2024, driven by the increasing adoption of cloud analytics solutions by large enterprises to collect, integrate, and analyze vast data, the growing need for highly customized cloud infrastructure for advanced data analytics and complex simulations, growing need for global collaborations, and rising demand for high levels of customization, security, and scalability.

Cloud Analytics Market Report Segmentation

Grand View Research has segmented the global cloud analytics market report based on component, deployment, organization size, application, industry vertical, and region:

Cloud Analytics Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Solutions
• Services

Cloud Analytics Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprises
• Small & Medium-Sized Enterprises

Cloud Analytics Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Public Cloud
• Private Cloud
• Hybrid Cloud

Cloud Analytics Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Sales and Marketing
• Research & Development
• Customer Service
• Accounting & Finance
• Human Resource
• Others

Cloud Analytics Industry Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• IT & Telecommunication
• Manufacturing
• Healthcare & life sciences
• Government
• Energy & Utilities
• Others

Cloud Analytics Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Brazil
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa

Key Cloud Analytics Company Insights

• IBM Corporation
• Microsoft Corporation
• Amazon Web Services, Inc.
• Sisense Ltd.
• GoodData Corporation
• Tableau Software LLC (Salesforce, Inc.)
• Databricks, Inc.
• SAS Institute Inc.
• Oracle Corportion
• Google LLC

Order a free sample PDF of the Cloud Analytics Market Intelligence Study, published by Grand View Research.