Global Data Analytics Outsourcing Market Size Study, by Type (Descriptive, Predictive, Prescriptive), Application (Sales Analytics, Finance & Risk Analytics, Supply Chain Analytics), End-use, and Regional Forecasts 2022-2032

Description

The Global Data Analytics Outsourcing Market was valued at approximately USD 9.24 billion in 2023 and is projected to expand significantly at a CAGR of 32.1% from 2024 to 2032. As businesses increasingly adopt data-driven decision-making strategies, the demand for outsourced analytics solutions is rising exponentially. Organizations are leveraging advanced analytics outsourcing to gain actionable insights, enhance operational efficiency, and drive profitability while mitigating the cost and complexity of in-house data management. The explosion of big data, coupled with the integration of AI and machine learning, has further fueled the necessity for scalable and customized data analytics solutions across multiple industries.

The surge in demand for predictive and prescriptive analytics is revolutionizing business intelligence, allowing enterprises to forecast market trends, optimize resource allocation, and enhance customer engagement strategies. As cloud computing and automation reshape data processing capabilities, companies are increasingly outsourcing their analytics operations to third-party providers specializing in AI-driven data interpretation, visualization, and reporting. However, concerns related to data security, compliance with stringent regulations, and intellectual property rights pose challenges to widespread adoption.

Enterprises are progressively turning to data analytics outsourcing for various applications, including risk management, fraud detection, sales optimization, and demand forecasting. With the rapid digital transformation across industries such as BFSI, retail, healthcare, and supply chain management, outsourced data analytics services are evolving to provide deeper, real-time insights that drive strategic business outcomes. The growing prominence of cloud-based analytics, coupled with the proliferation of self-service analytics platforms, is expected to further disrupt traditional data processing models, offering enterprises the flexibility to scale operations efficiently.

North America leads the data analytics outsourcing market, supported by the strong presence of AI-driven analytics providers, high adoption rates of cloud computing, and aggressive investments in digital transformation initiatives. Meanwhile, the Asia-Pacific region is witnessing the fastest growth, driven by an expanding IT services sector, a growing startup ecosystem, and increased adoption of outsourced analytics solutions in countries like India, China, and Singapore. Europe remains a key player in the market, benefiting from advanced regulatory frameworks promoting ethical AI and secure data handling.

Major Market Players Included in This Report:

Accenture PLC
Capgemini SE
Genpact Ltd.
IBM Corporation
Tata Consultancy Services (TCS)
Wipro Limited
Infosys Limited
Mu Sigma Inc.
Fractal Analytics Inc.
EXL Service Holdings, Inc.
Cognizant Technology Solutions Corporation
KPMG International
NTT Data Corporation
HCL Technologies Ltd.
Deloitte Touche Tohmatsu Ltd.

The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Type:

Descriptive Analytics
Predictive Analytics
Prescriptive Analytics

By Application:

Sales Analytics
Finance & Risk Analytics
Supply Chain Analytics

By End-use:

BFSI
Healthcare
Retail & E-commerce
IT & Telecommunications
Manufacturing
Government & Public Sector
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe (ROE)

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific (RoAPAC)

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa (RoMEA)

Years Considered for the Study:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market Estimates & Forecasts spanning 10 years from 2022 to 2032.
Annual revenue insights at both global and regional levels.
Competitive landscape analysis with key market players and business strategies.
Comprehensive geographical analysis with country-specific insights.
Future market trends and opportunities for stakeholders.
Comprehensive demand-side and supply-side market dynamics analysis.

Chapter 1. Global Data Analytics Outsourcing Market Executive Summary

1.1. Global Data Analytics Outsourcing Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
  - 1.3.1.1. Descriptive Analytics
  - 1.3.1.2. Predictive Analytics
  - 1.3.1.3. Prescriptive Analytics
- 1.3.2. By Application
  - 1.3.2.1. Sales Analytics
  - 1.3.2.2. Finance & Risk Analytics
  - 1.3.2.3. Supply Chain Analytics
- 1.3.3. By End-use
  - 1.3.3.1. BFSI
  - 1.3.3.2. Healthcare
  - 1.3.3.3. Retail & E-commerce
  - 1.3.3.4. IT & Telecommunications
  - 1.3.3.5. Manufacturing
  - 1.3.3.6. Government & Public Sector
  - 1.3.3.7. Others
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Data Analytics Outsourcing Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Data Analytics Outsourcing Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Adoption of Data-Driven Decision Making
- 3.1.2. Explosion of Big Data and Integration of AI/ML
- 3.1.3. Demand for Predictive and Prescriptive Analytics
3.2. Market Challenges
- 3.2.1. Data Security and Privacy Concerns
- 3.2.2. Compliance with Stringent Regulations
3.3. Market Opportunities
- 3.3.1. Growth of Cloud-Based Analytics Solutions
- 3.3.2. Expansion into New Industry Verticals
- 3.3.3. Advancements in Self-Service Analytics Platforms

Chapter 4. Global Data Analytics Outsourcing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Data Analytics Outsourcing Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Data Analytics Outsourcing Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Descriptive Analytics
- 5.2.2. Predictive Analytics
- 5.2.3. Prescriptive Analytics

Chapter 6. Global Data Analytics Outsourcing Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Data Analytics Outsourcing Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Sales Analytics
- 6.2.2. Finance & Risk Analytics
- 6.2.3. Supply Chain Analytics

Chapter 7. Global Data Analytics Outsourcing Market Size & Forecasts by End-use 2022-2032

7.1. Segment Dashboard
7.2. Global Data Analytics Outsourcing Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. BFSI
- 7.2.2. Healthcare
- 7.2.3. Retail & E-commerce
- 7.2.4. IT & Telecommunications
- 7.2.5. Manufacturing
- 7.2.6. Government & Public Sector
- 7.2.7. Others

Chapter 8. Global Data Analytics Outsourcing Market Size & Forecasts by Region 2022-2032

8.1. North America Data Analytics Outsourcing Market
- 8.1.1. U.S. Data Analytics Outsourcing Market
  - 8.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Data Analytics Outsourcing Market
8.2. Europe Data Analytics Outsourcing Market
- 8.2.1. UK Data Analytics Outsourcing Market
- 8.2.2. Germany Data Analytics Outsourcing Market
- 8.2.3. France Data Analytics Outsourcing Market
- 8.2.4. Spain Data Analytics Outsourcing Market
- 8.2.5. Italy Data Analytics Outsourcing Market
- 8.2.6. Rest of Europe Data Analytics Outsourcing Market
8.3. Asia Pacific Data Analytics Outsourcing Market
- 8.3.1. China Data Analytics Outsourcing Market
- 8.3.2. India Data Analytics Outsourcing Market
- 8.3.3. Japan Data Analytics Outsourcing Market
- 8.3.4. Australia Data Analytics Outsourcing Market
- 8.3.5. South Korea Data Analytics Outsourcing Market
- 8.3.6. Rest of Asia Pacific Data Analytics Outsourcing Market
8.4. Latin America Data Analytics Outsourcing Market
- 8.4.1. Brazil Data Analytics Outsourcing Market
- 8.4.2. Mexico Data Analytics Outsourcing Market
- 8.4.3. Rest of Latin America Data Analytics Outsourcing Market
8.5. Middle East & Africa Data Analytics Outsourcing Market
- 8.5.1. Saudi Arabia Data Analytics Outsourcing Market
- 8.5.2. South Africa Data Analytics Outsourcing Market
- 8.5.3. Rest of Middle East & Africa Data Analytics Outsourcing Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Accenture PLC
- 9.1.2. Capgemini SE
- 9.1.3. Genpact Ltd.
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Accenture PLC
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Capgemini SE
- 9.3.3. Genpact Ltd.
- 9.3.4. IBM Corporation
- 9.3.5. Tata Consultancy Services (TCS)
- 9.3.6. Wipro Limited
- 9.3.7. Infosys Limited
- 9.3.8. Mu Sigma Inc.
- 9.3.9. Fractal Analytics Inc.
- 9.3.10. EXL Service Holdings, Inc.
- 9.3.11. Cognizant Technology Solutions Corporation
- 9.3.12. KPMG International
- 9.3.13. NTT Data Corporation
- 9.3.14. HCL Technologies Ltd.
- 9.3.15. Deloitte Touche Tohmatsu Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes