×
Request Free Sample ×

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

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

India Software Analytics Market

ID: MRFR/ICT/60347-HCR
200 Pages
Aarti Dhapte
October 2025

India Software Analytics Market Research Report By Service (Professional Service, Support and Maintenance Service), By Deployment (Cloud, On-Premise), and By Vertical (IT & Telecommunication, Healthcare, BFSI, Retail)- 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 Software Analytics Market Infographic
Purchase Options

India Software Analytics Market Summary

As per MRFR analysis, the India software analytics market Size was estimated at 580.12 USD Million in 2024. The India software analytics market is projected to grow from 632.51 USD Million in 2025 to 1502.16 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 9.03% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India software analytics market is experiencing robust growth driven by technological advancements and evolving business needs.

  • The largest segment in the India software analytics market is the cloud-based solutions segment, which is witnessing increased adoption across various industries.
  • The fastest-growing segment is the integration of artificial intelligence and machine learning, reflecting a shift towards more intelligent analytics solutions.
  • There is a notable focus on data privacy and compliance, as organizations prioritize safeguarding sensitive information amidst regulatory pressures.
  • Key market drivers include the rising demand for data-driven decision making and government initiatives promoting digital transformation.

Market Size & Forecast

2024 Market Size 580.12 (USD Million)
2035 Market Size 1502.16 (USD Million)
CAGR (2025 - 2035) 9.03%

Major Players

Microsoft (US), IBM (US), SAP (DE), Oracle (US), SAS (US), Tableau (US), Qlik (US), MicroStrategy (US), Domo (US)

India Software Analytics Market Trends

The software analytics market is currently experiencing a transformative phase, driven by the increasing demand for data-driven decision-making across various sectors. Organizations are recognizing the value of harnessing data to enhance operational efficiency, improve customer experiences, and drive innovation. This trend is particularly evident in industries such as finance, healthcare, and retail, where analytics tools are being integrated into everyday processes. As businesses strive to remain competitive, the adoption of advanced analytics solutions is becoming a strategic priority. Furthermore, the rise of cloud computing and artificial intelligence is facilitating the accessibility and scalability of analytics tools, enabling even smaller enterprises to leverage sophisticated insights. In addition, the regulatory landscape in India is evolving, with a focus on data privacy and security. This has led to an increased emphasis on compliance within the software analytics market. Companies are investing in solutions that not only provide insights but also ensure adherence to legal standards. The growing awareness of data governance is shaping the development of analytics tools, making them more robust and secure. As the market continues to mature, it appears poised for sustained growth, driven by technological advancements and a heightened focus on data integrity.

Increased Adoption of Cloud-Based Solutions

There is a noticeable shift towards cloud-based analytics solutions, as organizations seek flexibility and scalability. This trend allows businesses to access powerful analytics tools without the need for extensive on-premises infrastructure, thereby reducing costs and enhancing operational agility.

Focus on Data Privacy and Compliance

With the evolving regulatory environment, there is a heightened focus on data privacy and compliance within the software analytics market. Companies are prioritizing solutions that not only deliver insights but also ensure adherence to data protection regulations, fostering trust among users.

Integration of Artificial Intelligence and Machine Learning

The integration of artificial intelligence and machine learning into analytics tools is becoming increasingly prevalent. This trend enhances the capabilities of software analytics, enabling organizations to derive deeper insights and automate decision-making processes, thereby improving overall efficiency.

India Software Analytics Market Drivers

Increased Focus on Operational Efficiency

Organizations in India are placing a heightened emphasis on operational efficiency, which is driving growth in the software analytics market. By utilizing analytics tools, businesses can identify inefficiencies, streamline processes, and reduce costs. This focus is particularly relevant in manufacturing and logistics sectors, where operational excellence is crucial for maintaining competitiveness. As companies seek to optimize their operations, the software analytics market is expected to expand, with projections indicating a potential market value of $1.2 billion by 2025. This growth underscores the importance of analytics in facilitating informed decision-making and enhancing overall productivity. Consequently, the software analytics market is likely to thrive as organizations prioritize efficiency in their strategic initiatives.

Emergence of Advanced Analytics Technologies

The software analytics market in India is witnessing a transformation with the emergence of advanced analytics technologies. Innovations such as predictive analytics, natural language processing, and real-time data processing are becoming increasingly accessible to businesses of all sizes. These technologies enable organizations to analyze data more efficiently and derive insights that were previously unattainable. As a result, companies are likely to invest in software analytics solutions that incorporate these advanced features. Market forecasts suggest that the adoption of such technologies could lead to a market growth rate of around 30% over the next few years. This trend indicates a shift towards more sophisticated analytics capabilities, positioning the software analytics market as a critical component of modern business operations.

Rising Demand for Data-Driven Decision Making

The software analytics market in India experiences a notable surge in demand as organizations increasingly recognize the value of data-driven decision making. Companies across various sectors are leveraging analytics tools to derive actionable insights from vast datasets. This trend is particularly pronounced in industries such as retail and finance, where data analytics can enhance customer experiences and optimize operations. According to recent estimates, the market is projected to grow at a CAGR of approximately 25% over the next five years. This growth is indicative of a broader shift towards a data-centric approach, where businesses prioritize analytics to remain competitive. As a result, the software analytics market is poised to expand significantly, driven by the need for organizations to harness data effectively.

Growing Importance of Customer Experience Management

In the competitive landscape of India, organizations are increasingly focusing on customer experience management, which significantly influences the software analytics market. Companies are utilizing analytics tools to understand customer behavior, preferences, and feedback, enabling them to tailor their offerings accordingly. This trend is particularly evident in sectors such as e-commerce and hospitality, where customer satisfaction directly correlates with business success. As businesses strive to enhance customer engagement, the software analytics market is expected to grow, with estimates indicating a potential market size of $1.5 billion by 2025. This growth reflects the recognition that effective customer experience management is essential for retaining clients and driving revenue, thereby solidifying the role of analytics in shaping business strategies.

Government Initiatives Promoting Digital Transformation

The Indian government actively promotes digital transformation across various sectors, which significantly impacts the software analytics market. Initiatives such as Digital India aim to enhance the country's digital infrastructure, thereby facilitating the adoption of advanced analytics solutions. By investing in technology and encouraging startups, the government fosters an environment conducive to innovation. Reports suggest that the software analytics market could see an increase in investment, potentially reaching $2 billion by 2026, as businesses align with government objectives. This alignment not only boosts the market but also encourages collaboration between public and private sectors, further driving the adoption of analytics tools. Consequently, the software analytics market stands to benefit from these initiatives, as organizations seek to leverage government support for their digital strategies.

Market Segment Insights

By Service: Professional Service (Largest) vs. Support and Maintenance Service (Fastest-Growing)

In the India software analytics market, the Professional Service segment holds a significant market share, driven by the increasing demand for bespoke solutions tailored to various business needs. This segment encompasses various offerings, including consulting and data analysis services, which are essential for leveraging advanced analytics tools effectively. On the other hand, the Support and Maintenance Service segment is witnessing a rapid expansion due to businesses seeking reliable maintenance services to ensure system efficiency and minimize downtime. As companies increasingly adopt complex software solutions, the need for continuous support grows stronger, further propelling this segment's growth. The growth trends in these segments are influenced by several factors, including technological advancements and digital transformation across industries. The Professional Service segment's growth is fueled by the necessity for expert guidance in deploying analytics solutions, ensuring optimal utilization of resources. Conversely, the Support and Maintenance Service segment's expansion is being driven by enterprises' growing reliance on software analytics for critical decision-making processes. As organizations face evolving challenges and strive for operational excellence, the demand for both segments is projected to continue its upward trajectory, reflecting the dynamic nature of the India software analytics market.

Professional Service (Dominant) vs. Support and Maintenance Service (Emerging)

The Professional Service segment in the India software analytics market is currently the dominant force, characterized by an extensive range of services such as strategic consulting, implementation, and ongoing training. This segment attracts significant attention due to its ability to deliver tailored solutions that align with specific organizational goals. Firms invest in professional services to gain insights, optimize their analytical capabilities, and stay ahead of competition. In contrast, the Support and Maintenance Service segment is emerging rapidly, driven by increasing software complexity and the critical need for uninterrupted support. Organizations are prioritizing reliable maintenance services that can adapt to their evolving software needs, ensuring that analytics tools remain functional and effective. Together, these segments represent a key area of growth and transformation in the market.

By Deployment: Cloud (Largest) vs. On-Premise (Fastest-Growing)

The India software analytics market exhibits significant disparity in market share distribution, with the cloud deployment segment holding a substantial lead. This dominance is attributable to the increasing preference for scalable and flexible solutions among businesses as they seek to enhance operational efficiency and data accessibility. On the other hand, on-premise solutions, though trailing in market share, are witnessing a sharp uptick in interest, particularly among enterprises prioritizing data security and compliance. Growth trends indicate that cloud deployment is likely to continue its supremacy, fueled by the push for digital transformation and the burgeoning adoption of artificial intelligence and machine learning technologies. Conversely, the on-premise segment is experiencing robust growth, driven by sectors such as finance and healthcare that require stringent data governance and control. The evolving regulatory landscape further propels enterprises to consider on-premise solutions, making it the fastest-growing deployment type in the current market scenario.

Cloud (Dominant) vs. On-Premise (Emerging)

Cloud deployment has emerged as the dominant choice in the India software analytics market, characterized by its flexibility, cost-effectiveness, and scalability. This deployment model allows organizations to efficiently analyze and store vast amounts of data without the burden of extensive on-site infrastructure. Meanwhile, the on-premise segment is gaining traction as an emerging option, particularly among industries that necessitate tighter controls over their data. Although it typically involves higher upfront costs and maintenance, on-premise solutions offer enhanced security and compliance measures, appealing to organizations wary of data breaches. As organizations assess their analytics needs, the choice between cloud and on-premise solutions will fundamentally shape their operational strategies and data management approaches.

By Vertical: IT & Telecommunication (Largest) vs. Healthcare (Fastest-Growing)

In the India software analytics market, IT & Telecommunication holds the largest share, underpinned by robust demand for data processing and real-time analytics. This segment is significantly driven by the increasing reliance on technology and the proliferation of digital services, pushing its market capabilities to the forefront. Conversely, the Healthcare sector is emerging rapidly due to the increasing need for health data transparency and patient management systems. This shift towards tech-based solutions has allowed the sector to gain substantial traction in recent years. Growth trends are sharply in favor of Healthcare, which is forecasted to witness accelerated expansion as healthcare institutions increasingly adopt analytics to enhance operational efficiency. Factors include the rise of telemedicine, regulatory support for digital health, and the growing emphasis on predictive analytics to improve patient outcomes. Meanwhile, IT & Telecommunication continues to grow steadily, supported by continuous innovations and investments in infrastructure, ensuring that it remains a critical segment of the market.

IT & Telecommunication: Dominant vs. Healthcare: Emerging

The IT & Telecommunication segment stands as a dominant force in the India software analytics market, characterized by its extensive infrastructure and the demand for integrated solutions that facilitate real-time data analysis and operational efficiency. This established group allows firms to harness vast data sources, leading to strategic insights and improved decision-making. In contrast, the Healthcare segment, recognized as the emerging player, reflects the growing importance of analytics in optimizing patient care, managing health records, and improving healthcare services. As technological advancements drive innovations in this sector, analytics solutions focused on predictive capabilities and data integration are set to transform how healthcare providers operate, spotlighting the dynamic shift towards smarter and more responsive healthcare solutions.

Get more detailed insights about India Software Analytics Market

Key Players and Competitive Insights

The software analytics market in India is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for data-driven decision-making. Major players such as Microsoft (US), IBM (US), and SAP (DE) are strategically positioning themselves through innovation and regional expansion. Microsoft (US) focuses on integrating AI capabilities into its analytics solutions, enhancing user experience and operational efficiency. IBM (US) emphasizes partnerships with local firms to tailor its offerings to the Indian market, while SAP (DE) is investing in cloud-based solutions to cater to the growing need for scalable analytics tools. Collectively, these strategies foster a competitive environment that encourages continuous improvement and adaptation to market needs.

Key business tactics within this market include localizing product offerings and optimizing supply chains to enhance service delivery. The competitive structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, yet the presence of established companies like Oracle (US) and SAS (US) ensures that competition remains robust. The collective influence of these players shapes market dynamics, as they vie for market share through innovative solutions and strategic partnerships.

In October 2025, Microsoft (US) announced the launch of its new AI-driven analytics platform tailored specifically for the Indian market. This strategic move is significant as it not only enhances Microsoft's product portfolio but also positions the company to better meet the unique needs of Indian businesses, potentially increasing its market share. The integration of AI into analytics tools is likely to provide users with deeper insights and more actionable data, thereby driving adoption.

In September 2025, IBM (US) expanded its collaboration with local startups to co-develop analytics solutions that address specific industry challenges in India. This initiative underscores IBM's commitment to fostering innovation through partnerships, which may lead to the development of customized solutions that resonate with local enterprises. Such collaborations could enhance IBM's competitive edge by leveraging local expertise and insights.

In August 2025, SAP (DE) unveiled its latest cloud-based analytics suite, designed to streamline data processing for Indian SMEs. This launch reflects SAP's strategy to penetrate the SME segment, which is increasingly recognizing the value of data analytics. By offering scalable solutions, SAP aims to capture a larger share of this burgeoning market, potentially reshaping the competitive landscape.

As of November 2025, current trends in the software analytics market include a pronounced shift towards digitalization, sustainability, and AI integration. Strategic alliances are becoming increasingly pivotal, as companies seek to enhance their technological capabilities and market reach. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift suggests that companies that prioritize these aspects may gain a significant advantage in the increasingly competitive landscape.

Key Companies in the India Software Analytics Market market include

Industry Developments

Recent developments in the India Software Analytics Market have shown robust growth, driven by increasing demand for data-driven decision-making across various industries. Companies like Tech Mahindra, HCL Technologies, and Infosys are expanding their analytics capabilities to provide tailored solutions for clients.Bharti Airtel's digital unit, Xtelify, publicly unveiled its "Airtel Cloud" platform and AI-powered analytics suite for telecom operators in August 2025. The company partnered with Singtel, Globe Telecom, and Airtel Africa to deploy analytics-driven data, workforce, and customer tools across their networks. Altimetrik announced in June 2025 that it had acquired SLK Software, a Bengaluru-based company. 

The acquisition will allow Altimetrik to integrate SLK's AI, intelligent automation, and analytics services into its engineering platform, thereby enhancing its digital engineering offerings for enterprise clients. In May2025, Databricks announced its intention to enhance its presence in India by investing in research and development (R&D) and training, establishing a Data+AI Academy, and broadening its AI analytics platform footprint through partnerships with Indian academic institutions and enterprises.

Future Outlook

India Software Analytics Market Future Outlook

The Software Analytics Market in India is projected to grow at a 9.03% CAGR from 2024 to 2035, driven by increased data utilization, cloud adoption, and AI integration.

New opportunities lie in:

  • Development of AI-driven predictive analytics tools for businesses
  • Expansion of cloud-based analytics platforms for SMEs
  • Creation of industry-specific analytics solutions for healthcare and finance sectors

By 2035, the software analytics market is expected to be robust, driven by innovation and strategic investments.

Market Segmentation

India Software Analytics Market Service Outlook

  • Professional Service
  • Support and Maintenance Service

India Software Analytics Market Vertical Outlook

  • IT & Telecommunication
  • Healthcare
  • BFSI
  • Retail

India Software Analytics Market Deployment Outlook

  • Cloud
  • On-Premise

Report Scope

MARKET SIZE 2024 580.12(USD Million)
MARKET SIZE 2025 632.51(USD Million)
MARKET SIZE 2035 1502.16(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 9.03% (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), SAP (DE), Oracle (US), SAS (US), Tableau (US), Qlik (US), MicroStrategy (US), Domo (US)
Segments Covered Service, Deployment, Vertical
Key Market Opportunities Integration of artificial intelligence in software analytics enhances predictive capabilities and decision-making processes.
Key Market Dynamics Rising demand for data-driven decision-making fuels growth in the software analytics market amid evolving regulatory frameworks.
Countries Covered India

Leave a Comment

FAQs

What is the expected market size of the India Software Analytics Market in 2024?

The India Software Analytics Market is expected to be valued at 800.0 million USD in 2024.

What is the anticipated market size for the India Software Analytics Market by 2035?

By 2035, the India Software Analytics Market is projected to reach 3000.0 million USD.

What is the expected compound annual growth rate (CAGR) for the India Software Analytics Market from 2025 to 2035?

The India Software Analytics Market is expected to grow at a CAGR of 12.768 percent from 2025 to 2035.

What are the significant segments of the India Software Analytics Market by service?

The India Software Analytics Market is divided into Professional Service and Support and Maintenance Service.

What is the market value for Professional Service in the India Software Analytics Market in 2024?

The Professional Service segment is valued at 320.0 million USD in 2024.

What will the market value for Support and Maintenance Service be in 2035?

The Support and Maintenance Service segment is expected to reach 1800.0 million USD by 2035.

Who are the key players in the India Software Analytics Market?

Major players in the India Software Analytics Market include Tech Mahindra, Qlik, HCL Technologies, and Cognizant among others.

What opportunities exist in the India Software Analytics Market?

The market presents opportunities driven by increasing demand for data-driven decision-making and advanced analytics solutions.

What challenges does the India Software Analytics Market face?

The market faces challenges such as data security concerns and the need for skilled professionals.

How does the overall growth rate of the India Software Analytics Market compare to other regions?

The growth rate of the India Software Analytics Market is competitive and influenced by rising digital transformation initiatives in the region.

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