×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

India Analytics as a Service Market

ID: MRFR/ICT/57186-HCR
200 Pages
Aarti Dhapte
October 2025

India Analytics as a Service Market Research Report By Component (Solutions, Services) and By Analytics Type (Predictive, Prescriptive)-Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

India Analytics as a Service Market Infographic
Purchase Options

India Analytics as a Service Market Summary

As per MRFR analysis, the analytics as-a-service market size was estimated at 587.95 USD Million in 2024. The analytics as-a-service market is projected to grow from 751.52 USD Million in 2025 to 8748.5 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 27.82% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India analytics as-a-service market is experiencing robust growth driven by technological advancements and increasing demand for data insights.

  • The market is witnessing increased adoption of cloud solutions, particularly among large enterprises and SMEs.
  • Real-time analytics is becoming a focal point, enabling businesses to make timely and informed decisions.
  • The integration of artificial intelligence is enhancing the capabilities of analytics platforms, especially in the retail and healthcare sectors.
  • Key market drivers include the growing demand for data-driven decision making and advancements in technology infrastructure.

Market Size & Forecast

2024 Market Size 587.95 (USD Million)
2035 Market Size 8748.5 (USD Million)

Major Players

Microsoft (US), IBM (US), Oracle (US), SAP (DE), Google (US), Salesforce (US), SAS (US), Domo (US), Tableau (US)

India Analytics as a Service Market Trends

The analytics as-a-service market is experiencing notable growth, driven by the increasing demand for data-driven decision-making across various sectors. Organizations are recognizing the value of leveraging analytics to enhance operational efficiency, improve customer experiences, and gain competitive advantages. This trend is particularly evident in industries such as retail, finance, and healthcare, where data insights are becoming integral to strategic planning. As businesses continue to embrace digital transformation, the reliance on analytics as-a-service solutions is likely to expand, fostering innovation and agility in operations. Moreover, the rise of cloud computing and advancements in artificial intelligence are further propelling the analytics as-a-service market. Companies are increasingly adopting cloud-based platforms to access sophisticated analytics tools without the need for extensive infrastructure investments. This shift not only reduces costs but also enables organizations to scale their analytics capabilities rapidly. The growing emphasis on real-time data analysis and predictive analytics is expected to shape the future landscape of this market, as businesses seek to harness the power of data to drive informed decisions and enhance overall performance.

Increased Adoption of Cloud Solutions

Organizations are increasingly turning to cloud-based analytics as-a-service solutions to streamline their data management processes. This trend allows businesses to access advanced analytics tools without the burden of maintaining complex on-premises infrastructure. The flexibility and scalability offered by cloud solutions are appealing to companies looking to enhance their data capabilities.

Focus on Real-Time Analytics

There is a growing emphasis on real-time analytics within the analytics as-a-service market. Businesses are seeking immediate insights to respond swiftly to market changes and customer needs. This trend is likely to drive the development of more sophisticated analytics tools that can process and analyze data in real-time.

Integration of Artificial Intelligence

The integration of artificial intelligence into analytics as-a-service offerings is becoming increasingly prevalent. AI technologies are enhancing the capabilities of analytics tools, enabling more accurate predictions and deeper insights. This trend suggests a future where businesses can leverage AI-driven analytics to make more informed decisions.

India Analytics as a Service Market Drivers

Focus on Customer Experience Enhancement

Enhancing customer experience is a primary focus for many organizations in India, which is driving the analytics as-a-service market. Companies are utilizing analytics to understand customer preferences, personalize offerings, and improve service delivery. By analyzing customer data, businesses can identify trends and patterns that inform their strategies. This focus on customer-centricity is reflected in the increasing investment in analytics solutions, with projections indicating that the market could reach a valuation of $2 billion by 2026. As organizations prioritize customer satisfaction, the analytics as-a-service market is likely to see sustained growth.

Advancements in Technology Infrastructure

The analytics as-a-service market in India is benefiting from advancements in technology infrastructure, particularly in cloud computing and big data technologies. The increasing availability of high-speed internet and affordable cloud services is enabling organizations to adopt analytics solutions without significant upfront investments. As a result, businesses can access sophisticated analytics tools and platforms that were previously out of reach. This technological evolution is expected to drive the growth of the analytics as-a-service market, as more organizations leverage these innovations to enhance their analytical capabilities.

Regulatory Compliance and Data Governance

In India, the analytics as-a-service market is influenced by the growing emphasis on regulatory compliance and data governance. Organizations are required to adhere to various regulations concerning data privacy and security, which necessitates robust analytics capabilities. The implementation of frameworks such as the Personal Data Protection Bill is prompting businesses to invest in analytics solutions that ensure compliance while deriving actionable insights. This trend is likely to propel the analytics as-a-service market, as companies seek to balance regulatory requirements with the need for effective data utilization.

Rise of Small and Medium Enterprises (SMEs)

The proliferation of small and medium enterprises (SMEs) in India is significantly impacting the analytics as-a-service market. SMEs are increasingly adopting analytics solutions to optimize their operations and enhance customer engagement. With limited resources, these businesses find analytics as-a-service offerings appealing due to their cost-effectiveness and scalability. Reports indicate that SMEs contribute to over 30% of India's GDP, highlighting their importance in the economy. As more SMEs recognize the potential of data analytics, the demand for analytics as-a-service solutions is expected to rise, driving market growth and innovation.

Growing Demand for Data-Driven Decision Making

The analytics as-a-service market in India is experiencing a surge in demand as organizations increasingly recognize the value of data-driven decision making. Businesses across various sectors are leveraging analytics to gain insights into customer behavior, operational efficiency, and market trends. According to recent estimates, the market is projected to grow at a CAGR of approximately 25% over the next five years. This growth is fueled by the need for organizations to remain competitive and agile in a rapidly changing business environment. As companies seek to harness the power of data, the analytics as-a-service market is positioned to play a pivotal role in enabling informed decision-making processes.

Market Segment Insights

By Component: Solutions (Largest) vs. Services (Fastest-Growing)

In the India analytics as-a-service market, Solutions dominate the Component segment, capturing a significant share due to their efficiency and ease of integration within existing systems. The Solutions segment benefits from a wide range of applications across industries, making it the preferred choice among businesses looking to enhance their data processing capabilities. Conversely, the Services segment is emerging as the fastest-growing component, driven by an increasing demand for customized analytics solutions and expert support. The proliferation of data-driven decision-making in organizations is propelling this growth, as companies seek to leverage analytics through managed services, thus creating a more agile and responsive analytics infrastructure.

Solutions (Dominant) vs. Services (Emerging)

The Solutions component is characterized by its comprehensive offerings that encompass various tools and platforms designed to provide analytics capabilities across multiple sectors. These solutions facilitate seamless data integration and processing, making them invaluable for businesses aiming to extract actionable insights. On the other hand, the Services component is gaining traction as an emerging segment by focusing on personalized analytics solutions, including consultancy and ongoing support. This segment's growth is fueled by the demand for tailored strategies that help organizations optimize their analytics frameworks, thus enabling a competitive edge in a fast-evolving market.

By Analytics Type: Predictive (Largest) vs. Prescriptive (Fastest-Growing)

In the India analytics as-a-service market, the distribution of market share between predictive and prescriptive analytics is notable. Predictive analytics holds the largest share, primarily driven by its ability to leverage historical data for forecasting trends and improving decision-making processes. This segment caters to numerous industries, including finance and retail, by providing actionable insights rooted in data analytics. Conversely, prescriptive analytics, which is gaining traction among businesses seeking optimization, is currently the fastest-growing segment. This growth is fueled by its capability to recommend actions based on simulations and predictive models, allowing organizations to not only understand potential outcomes but also to plan accordingly. The increasing complexity of business environments further drives the need for prescriptive solutions, leading to their rapid adoption.

Predictive (Dominant) vs. Prescriptive (Emerging)

Predictive analytics is currently the dominant force in the India analytics as-a-service market, characterized by its proactive approach to analyzing data trends and forecasting future outcomes. Organizations utilizing this type of analytics can make informed decisions, significantly enhancing operational efficiency. On the other hand, prescriptive analytics is emerging, focusing on recommending specific actions to optimize outcomes based on predictive data. This segment is particularly appealing to companies looking to improve strategic planning and operational effectiveness. As more businesses recognize the value of data-driven decisions, we can expect prescriptive analytics to flourish, complementing the well-established predictive analytics solutions.

Get more detailed insights about India Analytics as a Service Market

Key Players and Competitive Insights

The analytics as-a-service market in India is characterized by a dynamic competitive landscape, driven by rapid digital transformation and increasing demand for data-driven decision-making. Major players such as Microsoft (US), IBM (US), and Google (US) are strategically positioned to leverage their technological prowess and extensive resources. Microsoft (US) focuses on integrating AI capabilities into its analytics offerings, enhancing user experience and operational efficiency. IBM (US) emphasizes its hybrid cloud solutions, which allow businesses to analyze data across various environments seamlessly. Google (US) is investing heavily in machine learning and big data analytics, aiming to provide scalable solutions that cater to diverse industry needs. Collectively, these strategies foster a competitive environment that prioritizes innovation and customer-centric solutions.

Key business tactics within this market include localizing services to meet regional demands and optimizing supply chains for efficiency. The competitive structure appears moderately fragmented, with numerous players vying for market share. However, the influence of key players is substantial, as they set benchmarks for technology adoption and service delivery standards. This competitive interplay encourages smaller firms to innovate and differentiate their offerings, thereby enhancing overall market dynamism.

In October 2025, Microsoft (US) announced the launch of its new analytics platform tailored specifically for the Indian market, which integrates advanced AI features to provide real-time insights. This strategic move is likely to strengthen Microsoft's foothold in the region, as it addresses the unique challenges faced by Indian businesses in data management and analysis. By localizing its offerings, Microsoft (US) not only enhances its relevance but also positions itself as a leader in the analytics space.

In September 2025, IBM (US) expanded its partnership with a leading Indian telecommunications provider to enhance data analytics capabilities for smart city initiatives. This collaboration is significant as it aligns with India's push towards urban modernization and digital infrastructure development. By leveraging its expertise in hybrid cloud and AI, IBM (US) is poised to play a crucial role in shaping the analytics landscape in urban environments.

In August 2025, Google (US) launched a new initiative aimed at supporting Indian startups with access to its analytics tools and resources. This initiative is indicative of Google's commitment to fostering innovation within the local ecosystem. By empowering startups with advanced analytics capabilities, Google (US) not only enhances its brand presence but also cultivates a new generation of data-driven businesses in India.

As of November 2025, current competitive trends in the analytics as-a-service market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, as companies recognize the value of collaboration in enhancing service offerings and expanding market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based strategies to a focus on innovation, technological advancement, and supply chain reliability. This shift underscores the importance of agility and responsiveness in meeting the ever-changing demands of the market.

Key Companies in the India Analytics as a Service Market market include

Industry Developments

The India Analytics as a Service Market is experiencing significant growth, driven by increasing demand for data-driven insights across various sectors. Recent news developments highlight the rising trend of major companies like Tech Mahindra and Wipro expanding their analytics service offerings as businesses in India seek to leverage data for enhanced decision-making.

Current affairs indicate a surge in cloud adoption and advancements in artificial intelligence, with companies such as IBM and Microsoft playing pivotal roles in shaping the market landscape.

In terms of mergers and acquisitions, Tata Consultancy Services announced its acquisition of a fintech startup in August 2023, enhancing its analytics capabilities.

Similarly, in July 2023, Accenture acquired a data analytics firm to strengthen its position in the Analytics as a Service sector within India.

Over the past few years, significant occurrences include Fractal Analytics securing a funding round in September 2022, propelling its market valuation, and Infosys launching a new analytics platform in November 2021 aimed at small and medium enterprises.

This ecosystem is poised for rapid expansion with projected market valuation growth as businesses increasingly integrate analytics into their operational strategies.

 

Future Outlook

India Analytics as a Service Market Future Outlook

The analytics as-a-service market in India is projected to grow at a 27.82% CAGR from 2024 to 2035, driven by increasing data utilization, cloud adoption, and demand for real-time insights.

New opportunities lie in:

  • Development of AI-driven predictive analytics tools for SMEs
  • Integration of IoT data analytics for enhanced operational efficiency
  • Creation of industry-specific analytics platforms for targeted insights

By 2035, the market is expected to achieve substantial growth and innovation.

Market Segmentation

India Analytics as a Service Market Component Outlook

  • Solutions
  • Services

India Analytics as a Service Market Analytics Type Outlook

  • Predictive
  • Prescriptive

Report Scope

MARKET SIZE 2024 587.95(USD Million)
MARKET SIZE 2025 751.52(USD Million)
MARKET SIZE 2035 8748.5(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 27.82% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Microsoft (US), IBM (US), Oracle (US), SAP (DE), Google (US), Salesforce (US), SAS (US), Domo (US), Tableau (US)
Segments Covered Component, Analytics Type
Key Market Opportunities Integration of artificial intelligence enhances decision-making capabilities in the analytics as-a-service market.
Key Market Dynamics Growing demand for data-driven insights drives innovation and competition in the analytics as-a-service market.
Countries Covered India

Leave a Comment

FAQs

What is the expected market size of the India Analytics as a Service Market in 2024?

The India Analytics as a Service Market is expected to reach a value of 716.4 USD Million in 2024.

What is the projected market size for the India Analytics as a Service Market by 2035?

By 2035, the India Analytics as a Service Market is projected to achieve a valuation of 8092.0 USD Million.

What is the compound annual growth rate (CAGR) for the India Analytics as a Service Market from 2025 to 2035?

The CAGR for the India Analytics as a Service Market is expected to be 24.657% during the period from 2025 to 2035.

What are the expected market values for Solutions and Services components in 2024?

In 2024, the Solutions component is valued at 335.0 USD Million, while the Services component is valued at 381.4 USD Million.

What is the estimated market value for Solutions and Services by 2035?

By 2035, the Solutions component is expected to grow to 3910.0 USD Million, and the Services component to 4182.0 USD Million.

Who are the major players in the India Analytics as a Service Market?

Key players in the market include Tech Mahindra, HCL Technologies, Wipro, Mu Sigma, SAP, Infosys, Cognizant, Tata Consultancy Services, Oracle, Fractal Analytics, Amazon Web Services, IBM, Accenture, and Microsoft.

What are the key applications driving the growth of the India Analytics as a Service Market?

The India Analytics as a Service Market is driven by applications across industries including finance, healthcare, retail, and telecommunications.

What opportunities are emerging in the India Analytics as a Service Market?

Emerging opportunities in the market include advancements in artificial intelligence, increasing demand for data-driven decision-making, and the growing adoption of cloud technologies.

How is the market expected to evolve in response to global economic factors?

The India Analytics as a Service Market is anticipated to adapt positively to global economic factors by innovating solutions and embracing new technologies.

What challenges does the India Analytics as a Service Market face?

Challenges in the market include data security concerns, a shortage of skilled professionals, and the rapid pace of technological advancements.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions