Product Code: ETC4402150 | Publication Date: Jul 2023 | Updated Date: Jul 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Business Analytics market in the UK is thriving as organizations increasingly recognize the value of data-driven decision-making. The adoption of advanced analytics tools and techniques enables businesses to gain insights, improve operational efficiency, and enhance customer experiences. The proliferation of big data, artificial intelligence, and machine learning technologies is driving the market, allowing for more sophisticated analysis and predictive modeling. Government initiatives promoting digital transformation and the competitive landscape`s demand for innovation are also significant factors influencing market growth.
The UK business analytics market is driven by the increasing adoption of data-driven decision-making across various industries. The growing volume of data generated from multiple sources, such as social media, IoT devices, and enterprise applications, fuels the demand for advanced analytics solutions. Technological advancements in artificial intelligence and machine learning, enabling more accurate and actionable insights, also support market growth. Additionally, the rising competition among businesses and the need for improved operational efficiency and customer satisfaction further propel the market.
The UK Business Analytics market faces several challenges, including data privacy concerns and regulatory compliance. With the implementation of GDPR and other data protection laws, companies must ensure that their analytics processes are transparent and secure. There is also a shortage of skilled professionals with expertise in data science and analytics, making it difficult for businesses to fully leverage their data. Additionally, integrating business analytics tools with existing IT infrastructure can be complex and costly. The rapid pace of technological change means that companies must continuously invest in new tools and training to stay competitive, adding to the overall cost and complexity.
Policies in the UK support data privacy, security, and ethical use of analytics technologies. Regulations such as the GDPR (General Data Protection Regulation) impact data collection, storage, and analysis practices. Government initiatives encourage businesses to leverage analytics for competitive advantage while ensuring compliance with regulatory frameworks.
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 United Kingdom (UK) Business Analytics Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Business Analytics Market Revenues & Volume, 2020 & 2030F |
3.3 United Kingdom (UK) Business Analytics Market - Industry Life Cycle |
3.4 United Kingdom (UK) Business Analytics Market - Porter's Five Forces |
3.5 United Kingdom (UK) Business Analytics Market Revenues & Volume Share, By Software, 2020 & 2030F |
3.6 United Kingdom (UK) Business Analytics Market Revenues & Volume Share, By Deployment Type, 2020 & 2030F |
3.7 United Kingdom (UK) Business Analytics Market Revenues & Volume Share, By User Type, 2020 & 2030F |
3.8 United Kingdom (UK) Business Analytics Market Revenues & Volume Share, By Vertical, 2020 & 2030F |
4 United Kingdom (UK) Business Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Business Analytics Market Trends |
6 United Kingdom (UK) Business Analytics Market, By Types |
6.1 United Kingdom (UK) Business Analytics Market, By Software |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Software, 2020 - 2030F |
6.1.3 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Query, Reporting and Analysis Tools, 2020 - 2030F |
6.1.4 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Advanced and Predictive Analytics, 2020 - 2030F |
6.1.5 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Location Intelligence, 2020 - 2030F |
6.1.6 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Content Analytics, 2020 - 2030F |
6.1.7 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Data Warehousing Platform, 2020 - 2030F |
6.1.8 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Enterprise Performance Management, 2020 - 2030F |
6.2 United Kingdom (UK) Business Analytics Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Cloud, 2020 - 2030F |
6.2.3 United Kingdom (UK) Business Analytics Market Revenues & Volume, By On-Premises, 2020 - 2030F |
6.3 United Kingdom (UK) Business Analytics Market, By User Type |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Large Enterprises, 2020 - 2030F |
6.3.3 United Kingdom (UK) Business Analytics Market Revenues & Volume, By SMBs, 2020 - 2030F |
6.4 United Kingdom (UK) Business Analytics Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2020 - 2030F |
6.4.3 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Energy and power, 2020 - 2030F |
6.4.4 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Education, 2020 - 2030F |
6.4.5 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Government, 2020 - 2030F |
6.4.6 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Retail, 2020 - 2030F |
6.4.7 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.4.8 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Manufacturing, 2020 - 2030F |
6.4.9 United Kingdom (UK) Business Analytics Market Revenues & Volume, By Manufacturing, 2020 - 2030F |
7 United Kingdom (UK) Business Analytics Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Business Analytics Market Export to Major Countries |
7.2 United Kingdom (UK) Business Analytics Market Imports from Major Countries |
8 United Kingdom (UK) Business Analytics Market Key Performance Indicators |
9 United Kingdom (UK) Business Analytics Market - Opportunity Assessment |
9.1 United Kingdom (UK) Business Analytics Market Opportunity Assessment, By Software, 2020 & 2030F |
9.2 United Kingdom (UK) Business Analytics Market Opportunity Assessment, By Deployment Type, 2020 & 2030F |
9.3 United Kingdom (UK) Business Analytics Market Opportunity Assessment, By User Type, 2020 & 2030F |
9.4 United Kingdom (UK) Business Analytics Market Opportunity Assessment, By Vertical, 2020 & 2030F |
10 United Kingdom (UK) Business Analytics Market - Competitive Landscape |
10.1 United Kingdom (UK) Business Analytics Market Revenue Share, By Companies, 2023 |
10.2 United Kingdom (UK) Business Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |