PUBLISHER: KBV Research | PRODUCT CODE: 1548697
PUBLISHER: KBV Research | PRODUCT CODE: 1548697
North America Data Analytics Outsourcing Market Size, Share & Trends Analysis Report By Industry (BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others), By Application, By Country and Growth Forecast, 2024 - 2031
The North America Data Analytics Outsourcing Market would witness market growth of 34.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Analytics Outsourcing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $32,571.8 million by 2031. The Canada market is experiencing a CAGR of 37.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 36% during (2024 - 2031).
As per the Investment Promotion and Facilitation Agency, Microsoft will skill 1 Lakh developers in India in the latest AI technologies and tools under its AI Odyssey initiative. The company will also invest INR 16,000 Cr to set up 3 more data centres in Telangana. The expansion of data centres in India is significantly boosting the country's data processing capabilities.
Moreover, the adoption of data analytics outsourcing has gained momentum due to several factors. Organizations adopt data analytics outsourcing to leverage elastic computing resources provided by cloud-based platforms. This scalability allows businesses to dynamically allocate computational power and storage based on the volume of data and analytics demands, optimizing cost efficiency.
The rapid growth of e-commerce in Mexico leads to a massive increase in online transactions, customer interactions, and digital touchpoints. This surge in data requires robust analytics solutions, driving demand for outsourcing services to manage, analyze, and leverage this data effectively. According to the International Trade Administration (ITA), the domestic e-commerce industry was valued at USD 26.2 billion in 2022, representing a 23 percent increase over 2021. Mexico is positioned among the top five countries in terms of e-commerce retail growth rate. Mexico's e-commerce sector value will reach USD 70.4 billion by 2027.
Based on Industry, the market is segmented into BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-commerce, and Others. Based on Application, the market is segmented into Marketing Analytics, Financial Analytics, HR Analytics, Supply Chain Analytics, Sales Analytics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Accenture PLC
- IBM Corporation
- Infosys Limited
- Wipro Limited
- Capgemini SE
- Deloitte Touche Tohmatsu Limited
- Pricewaterhousecoopers LLP (PwC)
- Cognizant Technology Solutions Corporation
- Genpact Limited
- ZS Associates
North America Data Analytics Outsourcing Market Report Segmentation
By Industry
- BFSI
- IT & Telecom
- Manufacturing
- Healthcare
- Retail & E-commerce
- Others
By Application
- Marketing Analytics
- Financial Analytics
- HR Analytics
- Supply Chain Analytics
- Sales Analytics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Data Analytics Outsourcing Market, by Industry
- 1.4.2 North America Data Analytics Outsourcing Market, by Application
- 1.4.3 North America Data Analytics Outsourcing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. North America Data Analytics Outsourcing Market by Industry
- 5.1 North America BFSI Market by Country
- 5.2 North America IT & Telecom Market by Country
- 5.3 North America Manufacturing Market by Country
- 5.4 North America Healthcare Market by Country
- 5.5 North America Retail & E-commerce Market by Country
- 5.6 North America Others Market by Country
Chapter 6. North America Data Analytics Outsourcing Market by Application
- 6.1 North America Marketing Analytics Market by Country
- 6.2 North America Financial Analytics Market by Country
- 6.3 North America HR Analytics Market by Country
- 6.4 North America Supply Chain Analytics Market by Country
- 6.5 North America Sales Analytics Market by Country
- 6.6 North America Others Market by Country
Chapter 7. North America Data Analytics Outsourcing Market by Country
- 7.1 US Data Analytics Outsourcing Market
- 7.1.1 US Data Analytics Outsourcing Market by Industry
- 7.1.2 US Data Analytics Outsourcing Market by Application
- 7.2 Canada Data Analytics Outsourcing Market
- 7.2.1 Canada Data Analytics Outsourcing Market by Industry
- 7.2.2 Canada Data Analytics Outsourcing Market by Application
- 7.3 Mexico Data Analytics Outsourcing Market
- 7.3.1 Mexico Data Analytics Outsourcing Market by Industry
- 7.3.2 Mexico Data Analytics Outsourcing Market by Application
- 7.4 Rest of North America Data Analytics Outsourcing Market
- 7.4.1 Rest of North America Data Analytics Outsourcing Market by Industry
- 7.4.2 Rest of North America Data Analytics Outsourcing Market by Application
Chapter 8. Company Profiles
- 8.1 Genpact Limited
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.2 ZS Associates
- 8.2.1 Company Overview
- 8.3 Accenture PLC
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Deloitte Touche Tohmatsu Limited
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 SWOT Analysis
- 8.5 Pricewaterhousecoopers LLP (PwC)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 SWOT Analysis
- 8.6 IBM Corporation
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Regional & Segmental Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
- 8.7 Infosys Limited
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.6 SWOT Analysis
- 8.8 Wipro Limited
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Capgemini SE
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.9.4 Recent strategies and developments:
- 8.9.4.1 Acquisition and Mergers:
- 8.9.5 SWOT Analysis
- 8.10. Cognizant Technology Solutions Corporation
- 8.10.1 Company overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Data Analytics Outsourcing Market, 2020 - 2023, USD Million
- TABLE 2 North America Data Analytics Outsourcing Market, 2024 - 2031, USD Million
- TABLE 3 North America Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
- TABLE 4 North America Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
- TABLE 5 North America BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Retail & E-commerce Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Retail & E-commerce Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
- TABLE 18 North America Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
- TABLE 19 North America Marketing Analytics Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Marketing Analytics Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Financial Analytics Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Financial Analytics Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America HR Analytics Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America HR Analytics Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Supply Chain Analytics Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Supply Chain Analytics Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Sales Analytics Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Sales Analytics Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Data Analytics Outsourcing Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Data Analytics Outsourcing Market by Country, 2024 - 2031, USD Million
- TABLE 33 US Data Analytics Outsourcing Market, 2020 - 2023, USD Million
- TABLE 34 US Data Analytics Outsourcing Market, 2024 - 2031, USD Million
- TABLE 35 US Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
- TABLE 36 US Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
- TABLE 37 US Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
- TABLE 38 US Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
- TABLE 39 Canada Data Analytics Outsourcing Market, 2020 - 2023, USD Million
- TABLE 40 Canada Data Analytics Outsourcing Market, 2024 - 2031, USD Million
- TABLE 41 Canada Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
- TABLE 42 Canada Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
- TABLE 43 Canada Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
- TABLE 44 Canada Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
- TABLE 45 Mexico Data Analytics Outsourcing Market, 2020 - 2023, USD Million
- TABLE 46 Mexico Data Analytics Outsourcing Market, 2024 - 2031, USD Million
- TABLE 47 Mexico Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
- TABLE 48 Mexico Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
- TABLE 49 Mexico Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
- TABLE 50 Mexico Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
- TABLE 51 Rest of North America Data Analytics Outsourcing Market, 2020 - 2023, USD Million
- TABLE 52 Rest of North America Data Analytics Outsourcing Market, 2024 - 2031, USD Million
- TABLE 53 Rest of North America Data Analytics Outsourcing Market by Industry, 2020 - 2023, USD Million
- TABLE 54 Rest of North America Data Analytics Outsourcing Market by Industry, 2024 - 2031, USD Million
- TABLE 55 Rest of North America Data Analytics Outsourcing Market by Application, 2020 - 2023, USD Million
- TABLE 56 Rest of North America Data Analytics Outsourcing Market by Application, 2024 - 2031, USD Million
- TABLE 57 Key Information - Genpact Limited
- TABLE 58 Key Information - ZS Associates
- TABLE 59 Key Information - Accenture PLC
- TABLE 60 Key Information - Deloitte Touche Tohmatsu Limited
- TABLE 61 Key Information - Pricewaterhousecoopers LLP
- TABLE 62 Key Information - IBM Corporation
- TABLE 63 Key Information - Infosys Limited
- TABLE 64 Key Information - Wipro Limited
- TABLE 65 Key Information - Capgemini SE
- TABLE 66 Key Information - Cognizant Technology Solutions Corporation
