Data Analytics Market Worth Usd 303.4 Billion By 2030, At A Cagr Of 27.60%

The global data analytics market is projected to grow at a rate of 27.60% between 2023 and 2030, reaching a market size of approximately USD 303.4 Billion by the end of 2030. Data analytics is the process of collecting, cleaning, analyzing, and interpreting data to gain insights that can be used to improve business decision-making. Big data analytics, real-time analytics, and predictive analytics are some of the types of data analytics. The descriptive analytics segment is expected to be the largest segment of the market during the forecast period, while the predictive analytics segment is expected to grow at the highest CAGR.