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The SaaS-Based Business Analytics Market is projected to grow by USD 10.19 Billion (2024-2028), driven by the shift towards SOA and AI-driven market transformation – Technavio

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NEW YORK, Oct. 9, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global SaaS-based Business Analytics Market size is estimated to grow by USD 10.19 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.63%  during the forecast period. Shift toward SOA is driving market growth, with a trend towards rising demand for data integration and visual analytics. However, bandwidth and connectivity issues  poses a challenge – Key market players include Accenture Plc, Board International SA, GS Topco GP LLC, GoodData Corp., Infor Inc., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Open Text Corporation, Oracle Corp., Planful Inc., QlikTech international AB, Salesforce Inc., SAP SE, SAS Institute Inc., Sisense Ltd., Splunk Inc., Tableau Software LLC, Teradata Corp., and TIBCO Software Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Saas-Based Business Analytics Market Scope

Report Coverage

Details

Base year

2023

Historic period

–

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 13.63%

Market growth 2024-2028

USD 10198.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.14

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key countries

US, Germany, China, UK, and Japan

Key companies profiled

Accenture Plc, Board International SA, GS Topco GP LLC, GoodData Corp., Infor Inc., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Open Text Corporation, Oracle Corp., Planful Inc., QlikTech international AB, Salesforce Inc., SAP SE, SAS Institute Inc., Sisense Ltd., Splunk Inc., Tableau Software LLC, Teradata Corp., and TIBCO Software Inc.

Market Driver

SaaS-based business analytics solutions enable enterprises to integrate their back-office systems with database management systems, streamlining workflows and granting users access to vast data sets. These tools facilitate the integration of technical and business processes from various sources, converting raw data into valuable insights. With the escalating volume of data, analyzing, transforming, monitoring, and interpreting data has become essential for businesses. Globalization necessitates real-time connections between customers, suppliers, and resources. To link multiple enterprise systems with web and wireless applications, companies require integration platforms. Businesses integrate data with business intelligence systems to examine various data sets, such as sales data, for informed decision-making. Organizations also combine business analytics software with visual analytics tools for the dynamic representation of data. Visual analytics technology generates graphical representations of charts and graphs, like heat maps, to essential points and metrics through various graphical reorientations. Microsoft’s Power BI, a SaaS-based business analytics solution, offers interactive visual analytics representations. 

The SaaS-based business analytics market is experiencing significant growth due to the increasing demand for data-driven insights in various industries, particularly in Big Finance and Business (BFSI). Advanced technologies like artificial intelligence (AI) and machine learning (ML) are driving this trend, enabling predictive analytics and process automation. Cloud technology, specifically cloud-based solutions, is a key factor in this growth. Large enterprises are increasingly moving away from on-premise software towards cloud-based approaches for data storage, management, and analysis. Tech-savvy consumers and digital transformation are also major drivers, with real-time insights and personalized services becoming increasingly important. Government investments in data analytics are also fueling growth. The market offers various data analytics tools, providing real-time analytics, data visualization, and data security. The pay-as-you-go model and subscription fees make these solutions accessible to businesses of all sizes. Network monitoring, asset utilization, sales performance, customer behavior, and customer service are some of the key areas where SaaS-based analytics is making a difference. Data processing and data analysis are at the heart of these solutions, providing informed decisions and improving customer experience. Data security is a top priority, with various measures in place to ensure the confidentiality, integrity, and availability of data. 

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 Market Challenges

Cloud-based business analytics solutions, such as SaaS (Software as a Service), offer enterprises faster data access for efficient business operations. However, connectivity issues in the ICT (Information and Communication Technology) infrastructure can hinder performance. Packet loss and latency are common challenges when accessing cloud computing services from remote locations. Vendors must ensure their networking infrastructure is free from these issues to meet service level agreements. Network and data isolation are also concerns with SaaS-based business analytics software. To mitigate risks, vendors should provide backup and recovery solutions in case of network failures. Efficient connectivity is crucial for uninterrupted testing processes, ensuring seamless data access and server functionality.

The Saas-Based Business Analytics Market is experiencing significant growth due to the increasing demand for real-time data insights from various industries like Retail and E-commerce, Telecom and IT, Healthcare, and SMEs. However, challenges persist in delivering an optimal customer experience with personalized services, ensuring data security, and handling mission-critical workloads. Data processing and visualization require technical expertise, and the choice between on-site and cloud-based approaches depends on factors like bandwidth and connection. Data analytics tools must integrate seamlessly with hardware and provide data science capabilities for data-driven decisions. Big data and business intelligence are essential for informed decisions, but the pay-as-you-go model and subscription fees can be a concern for some organizations. Data integration is crucial, and service-oriented architecture plays a vital role in ensuring seamless data flow. Challenges in data processing, data visualization, data security, and data analytics tools can hinder the adoption of Saas-Based Business Analytics. Addressing these challenges requires a focus on real-time analytics, data science, and a user-friendly interface for various industries, including retailers and data-driven startups.

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Segment Overview 

This saas-based business analytics market report extensively covers market segmentation by  

End-user 1.1 Retail1.2 BFSI1.3 Telecom1.4 Healthcare1.5 OthersGeography 2.1 North America2.2 Europe2.3 APAC2.4 South America2.5 Middle East and Africa

1.1 Retail-  The retail industry’s dynamic nature, driven by e-commerce technologies, necessitates effective business analytics for maximizing profits. Retailers can reduce capital expenditure by subscribing to cloud-based retail analytics solutions, which connect stakeholders in the supply chain management (SCM) systems. Real-time decision-making is achievable through business analytics in SCM, with leading retailers like Walmart utilizing this for operational efficiency and control. Despite the COVID-19 pandemic’s negative impact, the adoption of cloud-based applications is forecasted to fuel market growth.

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Research Analysis

The Saas-based business analytics market is experiencing significant growth due to the increasing adoption of advanced technologies such as big data analytics, predictive analytics, artificial intelligence, and machine learning. These technologies enable process automation and data integration, providing insights that help businesses make informed decisions in real-time. The cloud technology-driven model offers flexibility, scalability, and cost savings, making it an attractive option for industries such as BFSI and telecom, as well as retailers and SMEs. On-site business analytics and service-oriented architecture are also being complemented by the on-demand, on-cloud analytics solutions. E-commerce technology and data science are further driving the market growth by providing visual analytics and advanced analytics capabilities. Overall, the market is poised for continued growth as more businesses recognize the value of data-driven insights.

Market Research Overview

The SaaS-based business analytics market is experiencing significant growth due to the increasing adoption of advanced technologies like Big data analytics, machine learning, and artificial intelligence. These technologies enable process automation, real-time insights, and data-driven decisions for businesses across various industries, including BFSI, retail, telecom, and healthcare. Cloud technology plays a crucial role in delivering on-demand, flexible, and cost-effective solutions for large enterprises and data-driven startups alike. Cloud-based solutions, available in public, private, and hybrid models, offer advantages such as pay-as-you-go and subscription fees, making them an attractive alternative to on-premise software. Real-time analytics and machine learning solutions provide valuable data insights for tech-savvy consumers, driving digital transformation and customer experience enhancements. Government investments and customer behavior data analysis contribute to the market’s growth, with applications ranging from network monitoring and asset utilization to real-time energy trading and customer service. Data management, data security, and data visualization tools are essential components of SaaS-based business analytics, ensuring informed decisions and mission-critical workloads. SMEs and data-driven startups benefit from the cloud-based approach, which offers scalability, ease of integration, and affordability. The market also caters to industries like retail and e-commerce, telecom and IT, and healthcare, addressing their unique data processing and bandwidth requirements. Overall, the SaaS-based business analytics market continues to evolve, driven by the increasing importance of data-driven insights and informed decision-making.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userRetailBFSITelecomHealthcareOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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KSAT and Morehead State University Partner to Expand Lunar Communications Infrastructure

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Partnership strengthens the KSAT Lunar Network and supports deep space and lunar exploration

DENVER and MOREHEAD, Ky., Oct. 31, 2026 /PRNewswire/ — Kongsberg Satellite Services (KSAT), a leading provider of ground station networks and satellite operations, today announced a strategic partnership with Morehead State University (MSU) to enhance the KSAT Lunar Network, supporting the growing demand for communications and tracking services for deep space and lunar missions.

The partnership leverages MSU Space Science Center’s established deep space communications capabilities, including its 21-meter and 12-meter-class antennas in Morehead, Kentucky, to further increase the KSAT Lunar Network. Together, the partnership enables mission operators to maintain reliable links with spacecraft operating beyond Earth orbit by adding network capacity and resiliency over the Eastern United States.

“Partnering with MSU advances KSAT’s ability to deliver the communications infrastructure required for the accelerated demand for deep space and lunar missions. We are especially thrilled about this partnership as it helps enable science and exploration space missions today, while developing the next-generation workforce to support the long-term development of the U.S. cislunar economy,” said Dan Adams, General Manager of KSAT Inc.

“This partnership reflects our commitment to supporting the future of space exploration through innovation, education, and collaboration,” said Dr. Benjamin K. Malphrus, Executive Director of Space Science Center. “Working with KSAT provides exciting opportunities for our students and researchers while enabling us to contribute directly to the thriving commercial sector.”

KSAT and MSU share a strong commitment and heritage of supporting NASA’s Artemis program, most recently the Artemis II mission, and the broader science and exploration, as well as inspiring the next generation. In addition to expanding KSAT Lunar capabilities, the partnership will create even more opportunities for student involvement and workforce development through KSAT’s internship programs, helping prepare the next generation of engineers and space professionals for careers in the rapidly growing space sector.

About KSAT:

Kongsberg Satellite Services (KSAT) is the leading commercial provider of Ground Station Services, Earth Observation Services, and Satellite Operations Services. Headquartered in Tromsø, Norway, the company operates the largest commercial satellite ground station network worldwide, including facilities in Svalbard and Antarctica to provide unique southern hemisphere coverage. Through KSAT Inc., KSAT’s U.S. based full-capability subsidiary, KSAT delivers mission-critical infrastructure for customers in government, civil, and commercial space in the United States, as well as the global space industry. 

About MSU:
Morehead State University (MSU) is a comprehensive, regional university located in Appalachian Kentucky in the Daniel Boone National Forest. MSU is known for excellence in STEM fields and pre-professional programs. The Space Science Center is MSU’s Program of Distinction and manages a significant research and development portfolio in small satellite systems, having executed 7 smallsat missions to date. The Center operates a 21-meter ground station and a 12-meter tracking antenna that provides lunar tracking services and smaller aperture ground stations for satellite telecommunications support. The Center also supports innovative undergraduate, graduate and a Doctor of Engineering program in Space Systems Engineering.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ksat-and-morehead-state-university-partner-to-expand-lunar-communications-infrastructure-302925397.html

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Millennium Dental Technologies and Institute for Advanced Laser Dentistry Mourn Passing of Professor Raymond A. Yukna, DMD, MS (1942-2026)

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CERRITOS, Calif., Oct. 30, 2026 /PRNewswire/ — It is with profound sadness that Millennium Dental Technologies and the Institute for Advanced Laser Dentistry (IALD) mourn the passing of Professor Raymond A. Yukna, DMD, MS, world-renowned clinician, educator, researcher, mentor and cherished friend.

Throughout a remarkable career spanning academia, research, clinical practice and education, Dr. Yukna earned the admiration of colleagues worldwide for his unwavering commitment to scientific inquiry, clinical excellence and the advancement of patient care.

A Diplomate of both the American Board of Periodontology and the American Board of Oral Medicine, Professor of Advanced Periodontal Therapies at the University of Colorado School of Dental Medicine, Professor Emeritus at Louisiana State University, internationally recognized lecturer, and respected researcher, Dr. Yukna devoted his life to advancing the field of periodontics. His contributions helped shape modern periodontal therapy and influenced generations of clinicians, educators, and researchers worldwide.

His reputation for integrity, scientific rigor and thoughtful leadership made him one of the most trusted and respected voices in the specialty.

A DEFINING CHAPTER IN THE HISTORY OF THE LANAP® PROTOCOL

Dr. Yukna brought credibility, intellectual curiosity and scientific discipline that would help shape the future of the LANAP® protocol, a minimally invasive laser treatment for the treatment of moderate to severe periodontal disease. He engaged in thoughtful dialogue with Millennium Dental Technologies Co-Founders Robert H. Gregg II, DDS, and Delwin K. McCarthy, DDS, regarding the emerging science behind laser-assisted periodontal regeneration.

His groundbreaking research provided some of the earliest and most influential human histological evidence supporting the LANAP® protocol. Beginning with his International Association for Dental Research (IADR) abstract in 2003, followed by the submission of his landmark study to the International Journal of Periodontics and Restorative Dentistry (IJPRD) in 2006 and its publication in 2007, Dr. Yukna produced research that became a defining milestone in the scientific validation of the LANAP® protocol. His work demonstrated cementum-mediated new connective tissue attachment in humans and provided the periodontal community with compelling evidence supporting the protocol’s regenerative potential.

At a time when laser periodontal therapy was met with understandable skepticism by many within the specialty, Dr. Yukna’s willingness to objectively evaluate the science—and ultimately contribute his own landmark research—gave the LANAP® protocol a level of scientific credibility that helped change its trajectory. Many periodontists first embraced the LANAP® protocol because they trusted Dr. Yukna’s scientific integrity and respected his commitment to evidence-based dentistry.

His landmark study opened the door to broader acceptance of the LANAP® protocol within periodontics and laid the foundation for additional human histological studies, expanded university research efforts, and more than two decades of continued scientific investigation. The growing body of evidence supporting the LANAP® protocol today owes much to the foundation Dr. Yukna helped establish.

A TEACHER WHO SHAPED A GENERATION

Dr. Yukna’s influence extended far beyond the published literature. As an IALD Certified Instructor, he became one of the most influential educators in the history of the LANAP® protocol. He served as hands-on clinical instructor for approximately 350 LANAP-trained clinicians and lectured at roughly 130 Laser BootCamps™, helping educate well over 1,000 clinicians throughout his years with the IALD and Millennium Dental Technologies.

From the Denver BootCamps™ held during his tenure at the University of Colorado School of Dental Medicine to sessions conducted throughout New York and, later, at the facility in Cerritos, Dr. Yukna’s lectures, mentorship and quiet confidence inspired countless clinicians. His generosity in sharing his knowledge, his thoughtful guidance and his commitment to excellence helped shape the careers of an entire generation of LANAP clinicians.

A CHERISHED FRIEND

Beyond his extraordinary professional accomplishments was an even more extraordinary person. For Robert H. Gregg II, DDS and Dawn Gregg, DDS, Dr. Yukna and his wife, Charlotte, were not simply respected colleagues, they were dear friends. Over many years, they shared milestones, celebrated successes, supported one another through challenges and built a friendship that extended far beyond dentistry. In fact, when Dr. Robert Gregg and Dr. Dawn Gregg began their lives together as a couple, Dr. Yukna and Charlotte were among the very first people they chose to tell in person—reflecting the trust, respect and affection they shared.

Those privileged to know Dr. Yukna personally will remember far more than his curriculum vitae. They will remember his humility, kindness, generosity, wisdom, quiet confidence and unwavering integrity. He challenged those around him to pursue excellence, to follow the science wherever it led, and to never lose sight of the patients whose lives could be changed through innovation grounded in evidence.

HIS LEGACY LIVES ON

The LANAP® community, the periodontal profession, the IALD and the entire Millennium Dental Technologies family are better because of Dr. Yukna’s contributions.

His legacy lives on through the science he advanced, the clinicians he trained, the patients whose lives were improved by his work, and the countless colleagues and friends he inspired throughout his remarkable career.

Millennium Dental Technologies and the IALD extends deepest condolences to Charlotte and Dr. Yukna’s family, friends, colleagues, students and all those whose lives he touched.

Thank you, Dr. Yukna, for your leadership, your scholarship, your mentorship, your friendship, and your unwavering belief that scientific excellence could improve the lives of patients around the world.

ABOUT MILLENNIUM DENTAL TECHNOLOGIES, INC.

Headquartered in Cerritos, Calif., Millennium Dental Technologies is the developer of the LANAP protocol for treating periodontal disease and the manufacturer of the PerioLase MVP-7 variable-pulsed Nd:YAG dental laser. The company’s FDA-cleared LANAP protocol offers a more comfortable, less invasive alternative to conventional periodontal surgery while providing unique bone-building clinical results. Founding clinician Robert H. Gregg II, DDS, continues to lead the company with a vision to create better clinical outcomes for patients with periodontal disease while remaining true to its guiding principle: “It’s all about the patient.” For more information, visit www.lanap.com.

ABOUT THE INSTITUTE FOR ADVANCED LASER DENTISTRY

The Institute for Advanced Laser Dentistry is a nonprofit educational and research organization dedicated to advancing evidence-based clinical training in laser dentistry. Established in 1999, the IALD is nationally recognized for its continuing education programs as an ADA Continuing Education Recognition Program and Academy of General Dentistry Program Approval for Continuing Education provider. For more information, visit www.theiald.com.

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SOURCE Millennium Dental Technologies, Inc.

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Okta Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

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NEW YORK, Oct. 30, 2026 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, S&P SmallCap 600 effective prior to the opening of trading on Wednesday, November 4:

S&P MidCap 400 constituent Okta Inc. (NASD: OKTA) will replace Kenvue Inc. (NYSE: KVUE) in the S&P 500, S&P SmallCap 600 constituent Glaukos Corp. (NYSE: GKOS) will replace Okta in the S&P MidCap 400, and McGrath RentCorp (NASD: MGRC) will replace Glaukos in the S&P SmallCap 600. S&P 500 constituent Kimberly-Clark (NASD: KMB) is acquiring Kenvue in a deal expected to be completed soon, pending final closing conditions.Loar Holdings Inc. (NYSE: LOAR) will replace LiveRamp Holdings Inc. (NYSE: RAMP) in the S&P SmallCap 600. Publicis Groupe SA (Euronext Paris: PUB) is acquiring LiveRamp Holdings in a deal expected to close soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name 

Action

Company Name

Ticker

GICS Sector

Nov 4, 2026

S&P 500

Addition

Okta

OKTA

Information Technology

Nov 4, 2026

S&P 500

Deletion

Kenvue

KVUE

Consumer Staples

Nov 4, 2026

S&P MidCap 400

Addition

Glaukos

GKOS

Health Care

Nov 4, 2026

S&P MidCap 400

Deletion

Okta

OKTA

Information Technology

Nov 4, 2026

S&P SmallCap 600

Addition

McGrath RentCorp

MGRC

Industrials

Nov 4, 2026

S&P SmallCap 600

Deletion

Glaukos

GKOS

Health Care

Nov 4, 2026

S&P SmallCap 600

Addition

Loar Holdings

LOAR

Industrials

Nov 4, 2026

S&P SmallCap 600

Deletion

LiveRamp Holdings

RAMP

Information Technology

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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