Insights-as-a-Service Market : Dynamics, Analysis, Growth, and Trends by 2031
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The Insights-as-a-Service market is gaining substantial traction across industries as businesses increasingly rely on real-time data-driven decision-making. The global Insights-as-a-Service market was valued at USD 3.23 billion in 2023 and is projected to grow to USD 15.65 billion by 2031 , registering an impressive CAGR of 21.9% from 2023 to 2031 . This surge is being driven by the demand for actionable intelligence, the rising volume of big data, and the need for advanced analytics without building in-house infrastructure. Market Drivers Several key factors are accelerating the growth of the Insights-as-a-Service market : Explosion of Big Data : With the proliferation of IoT devices, social media, and digital transactions, companies face the challenge of making sense of massive datasets. Insights-as-a-Service (IaaS) platforms help convert data into business-ready intelligence. Shift Toward Cloud Analytics : Bu...