Cloud Analytics Market size was valued at USD 43.37 Bn. in 2023 and the total revenue is expected to grow at 23.2 % through 2024 to 2030, reaching nearly USD 186.87 Bn.
Cloud Analytics Market Overview:
Cloud analytics is the process of analysing data on the cloud in order to obtain usable information and gain new insights.Cloud analytics helps to streamline corporate operations by gathering, integrating, analysing, and presenting insights that allow firms to make better decisions for better outcomes. Furthermore, cloud analytics helps to provide a single, safe access point to data by increasing data governance and providing more granular access control for individuals who have access to data. With an increase in cloud adoption by organisations worldwide and a huge amount of data generated in enterprises, the demand for cloud analytics solutions is increasing, driving the growth of the cloud analytics market.