Regression Analysis Tool Market Size, Industry Analysis Report By Component (Software, Services), (Simple Linear Regression Tools, Multiple Linear Regression tools), By Deployment type (On-premise, Cloud), By Organizational Size (Small and Medium Enterprises, Large Enterprises), By End-user (Retail, BFSI, Healthcare and Life Sciences, Education, Media and Entertainment, Transportation and Logistics) & Region – Forecasts By 2033
- PUBLISHED ON
- 2024-08-10
- NO OF PAGES
- 243
- CATEGORY
- Information Communication & Technology
Market Overview
The global regression analysis tool market is expected to amplify with a substantial CAGR of 5.7%. It is expected to achieve revenues of USD 17,293 million in 2033 from a revenue of USD 11,098.50 million in 2023.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 11,098.50 million |
Market Forecast in 2033 | USD 17,293 million |
CAGR % 2023-2033 | 5.7%. |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more |
Key Companies | EViews IHS Global Inc., CAMO Software AS, GNU Octave, GraphPad Software Inc., International, Business Machines Corporation, Lumina Decision Systems, MathWorks, Inc., Minitab Inc., OriginLab Corporation, QlikTech International AB, RStudio, PBC, SAS Institute Inc., Scilab, StataCorp LLC, TIBCO Software and Others. |
Regression Analysis Tool Market- Description
Regression analysis tools are the most widely used statistical tools that help estimate the relationship between dependent variables and independent variables. They are used to predict the actual outcomes and to explain or understand the relationship among variables. Regression analysis tools help study the relationships among two variables based on a sample. Regression analysis tools help by providing an equation for a graph that helps predict data trends.
Several times, it becomes necessary to use regression analysis tools in the field of biomedical signal processing to evaluate the sufficiency of parameterization techniques to predict and to quantify the health state of the analyzed subject on selected rating scales to assess the severity of a disease. This is one of the key factors driving the regression analysis tool market. Regression analysis tools provide detailed insights that can also be used to improve products and services. This is another factor fueling the growth of the regression analysis tool market.
Regression Analysis Tool Market: Key Trends
· Shifting Trends and led to growth of the market
The shifting trend of various companies who want more accurate and reliable results, have led to high demand for regression analysis tools in the market as it predicts accurate results than other analysis tools. Organizations use regression analysis tools to eliminate the time-consuming and lengthy sample analyzing process, which drives the demand for regression analysis tools.
· Healthcare and biomedical domains are propelling the market
In the healthcare & biomedical domain, signal processing regression analysis tools are used to evaluate techniques that predict the complexity of the disease, and thus raises the demand for regression analysis tools. Regression analysis is lengthy, complicated and time consuming, which restrains the growth of the regression analysis tools market. Lack of skilled professionals restrains the growth of regression analysis tools market. Regression analysis tool market has opportunities in the biomedical signal processing field.
Regression Analysis Tool Market: Segmental Analysis
Based on Component
•Software
•Services
Based on Type
•Simple Linear Regression Tools
•Multiple Linear Regression tools
Based on Deployment type
•On-premise
•Cloud
Based on Organizational Size
•Small and Medium Enterprises
•Large Enterprises
Based on End-user
•Retail
•BFSI
•Healthcare and Life Sciences
•Education
•Media and Entertainment
•Transportation and Logistics
•Others
Regression Analysis Tool Market: Regional Analysis
Global Regression Analysis Tool Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America, Middle East and Africa. North America is expected to hold major share in terms of revenue of the regression analysis tool market during the forecast period, as the region has a significant local as well as global presence of regression analysis service providers.
Regression Analysis Tool Market: Recent Developments
CAMO Software AS, a key player in the regression analysis tool market announced a global partnership with Metrohm AG, a company dealing in precision instruments and created AMO’s Unscrambler X software which offers import and export functionality to analyses the sample and measurement execution.
Regression Analysis Tool Market: Key Companies
· EViews IHS Global Inc.
· CAMO Software AS
· GNU Octave
· GraphPad Software Inc.
· International Business Machines Corporation
· Lumina Decision Systems
· MathWorks, Inc.
· Minitab Inc.
· OriginLab Corporation
· QlikTech International AB
· RStudio, PBC
· SAS Institute Inc.
· Scilab
· StataCorp LLC
· TIBCO Software
· Others
Regression Analysis Tool Market: Regional Scope
North America
· U.S.
· Canada
· Mexico
Europe
· U.K.
· Germany
· France
· Italy
· Spain
· Rest of Europe
Asia Pacific
· China
· India
· Japan
· South Korea
· Australia
· Rest of Asia Pacific
South America
· Brazil
· Argentina
· Rest of South America
Middle East and Africa
· Saudi Arabia
· UAE
· Egypt
· South Africa
· Rest of Middle East and Africa
1. Global Regression Analysis Tools Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Regression Analysis Tools Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Regression Analysis Tools Market Scope and Market Estimation
1.4.1. Global Regression Analysis Tools Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Regression Analysis Tools Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Regression Analysis Tools Market Segmentation
1.5.1. Component of Global Regression Analysis Tools Market
1.5.2. Type of Global Regression Analysis Tools Market
1.5.3. Deployment of Global Regression Analysis Tools Market
1.5.4. Organization Size of Global Regression Analysis Tools Market
1.5.5. End-user of Global Regression Analysis Tools Market
1.5.6. Key Regions of Global Regression Analysis Tools Market
2. Global Regression Analysis Tools Market - Executive Summary
2.1. Global Regression Analysis Tools Market – Summary & Snapshot
2.2. Global Regression Analysis Tools Market, By Component (US$ Million)
2.3. Global Regression Analysis Tools Market, By Type (US$ Million)
2.4. Global Regression Analysis Tools Market, By Deployment (US$ Million)
2.5. Global Regression Analysis Tools Market, By Organization Size (US$ Million)
2.6. Global Regression Analysis Tools Market, By End-user (US$ Million)
2.7. Global Regression Analysis Tools Market, By Geography (US$ Million)
2.8. Global Regression Analysis Tools Market Outlook & Future Opportunities
3. Regression Analysis Tools Market Trends, Outlook, and Factors Analysis
3.1. Global Regression Analysis Tools Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Regression Analysis Tools Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Regression Analysis Tools Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Increasing demand for automation and robotic technology expected to boost the AI market in coming years
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Restraints
3.2.2.1. Lack of qualified personnel in the artificial intelligence sector
3.2.2.2. Restraint 2
3.2.2.3. Restraint 3
3.2.3. Opportunities
3.2.3.1. Increased government activities regarding robotic technology and AI technology
3.2.3.2. Surge in investment of major companies in AI technologies.
3.2.3.3. Opportunity 3
3.2.3.4. Opportunity 4
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Regression Analysis Tools Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Regression Analysis Tools Market
3.9.1. By Component
3.9.2. By Type
3.9.3. By Deployment
3.9.4. By Organization Size
3.9.5. By End-user
3.9.6. By Regions
4. Global Regression Analysis Tools Market: Estimates & Historic Trend Analysis (2019 to 2021)
4.1. Global Regression Analysis Tools Market, 2020 – 2021 (US$ Million)
4.2. Global Regression Analysis Tools Market, By Component (US$ Million)
4.3. Global Regression Analysis Tools Market, By Type (US$ Million)
4.4. Global Regression Analysis Tools Market, By Deployment (US$ Million)
4.5. Global Regression Analysis Tools Market, By Organization Size (US$ Million)
4.6. Global Regression Analysis Tools Market, By End-user (US$ Million)
4.7. Global Regression Analysis Tools Market, By Region, 2020 to 2021 (US$ Million)
5. Global Regression Analysis Tools Market Estimates & Forecast Trend Analysis, by Component
5.1. Global Regression Analysis Tools Market Share (%) Estimates and Forecasts, by Component, 2022 & 2033
5.2. Global Regression Analysis Tools Market Revenue (US$ Million) Estimates and Forecasts, by Component, 2022 to 2033
5.2.1. Software
5.2.2. Services
6. Global Regression Analysis Tools Market Estimates & Forecast Trend Analysis, by Type
6.1. Global Regression Analysis Tools Market Share (%) Estimates and Forecasts, by Type, 2022 & 2033
6.2. Global Regression Analysis Tools Market Revenue (US$ Million) Estimates and Forecasts, by Type, 2022 to 2033
6.2.1. Simple Linear Regression Tools
6.2.2. Multiple Linear Regression Tools
7. Global Regression Analysis Tools Market Estimates & Forecast Trend Analysis, by Deployment
7.1. Global Regression Analysis Tools Market Share (%) Estimates and Forecasts, by Deployment, 2022 & 2033
7.2. Global Regression Analysis Tools Market Revenue (US$ Million) Estimates and Forecasts, by Deployment, 2022 to 2033
7.2.1. On-premise
7.2.2. Cloud
8. Global Regression Analysis Tools Market Estimates & Forecast Trend Analysis, by Organization Size
8.1. Global Regression Analysis Tools Market Share (%) Estimates and Forecasts, by Organization Size, 2022 & 2033
8.2. Global Regression Analysis Tools Market Revenue (US$ Million) Estimates and Forecasts, by Organization Size, 2022 to 2033
8.2.1. Small and Medium Enterprises
8.2.2. Large Enterprises
9. Global Regression Analysis Tools Market Estimates & Forecast Trend Analysis, by End-user
9.1. Global Regression Analysis Tools Market Share (%) Estimates and Forecasts, by End-user, 2022 & 2033
9.2. Global Regression Analysis Tools Market Revenue (US$ Million) Estimates and Forecasts, by End-user, 2022 to 2033
9.2.1. Retail
9.2.2. BFSI
9.2.3. Healthcare & Life sciences
9.2.4. Education
9.2.5. Media & Entertainment
9.2.6. Transportation & Logistics
9.2.7. Others
10. Global Regression Analysis Tools Market Analysis and Forecast, by Region
10.1. Global Regression Analysis Tools Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
10.2. Global Regression Analysis Tools Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2033
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Middle East and Africa
10.2.5. South America
11. North America Regression Analysis Tools Market: Estimates & Forecast Trend Analysis
11.1. North America Regression Analysis Tools Market Assessments & Key Findings
11.2. North America Regression Analysis Tools Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. North America Regression Analysis Tools Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
11.3.1. By Component
11.3.2. By Type
11.3.3. By Deployment
11.3.4. By Organization Size
11.3.5. By End-user
11.3.6. By Major Country
11.3.6.1. The U.S.
11.3.6.2. Canada
12. Europe Regression Analysis Tools Market: Estimates & Forecast Trend Analysis
12.1. Europe Regression Analysis Tools Market Assessments & Key Findings
12.2. Europe Regression Analysis Tools Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Europe Regression Analysis Tools Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
12.3.1. By Component
12.3.2. By Type
12.3.3. By Deployment
12.3.4. By Organization Size
12.3.5. By End-user
12.3.6. By Major Country
12.3.6.1. Germany
12.3.6.2. The U.K.
12.3.6.3. France
12.3.6.4. Italy
12.3.6.5. Spain
12.3.6.6. Russia
12.3.6.7. Rest of Europe (includes all other European countries)
13. Asia Pacific Regression Analysis Tools Market: Estimates & Forecast Trend Analysis
13.1. Asia Pacific Regression Analysis Tools Market Assessments & Key Findings
13.2. Asia Pacific Regression Analysis Tools Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Asia Pacific Regression Analysis Tools Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
13.3.1. By Component
13.3.2. By Type
13.3.3. By Deployment
13.3.4. By Organization Size
13.3.5. By End-user
13.3.6. By Major Country
13.3.6.1. China
13.3.6.2. Japan
13.3.6.3. India
13.3.6.4. ASEAN
13.3.6.5. South Korea
13.3.6.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
14. Middle East & Africa Regression Analysis Tools Market: Estimates & Forecast Trend Analysis
14.1. Middle East & Africa Regression Analysis Tools Market Assessments & Key Findings
14.2. Middle East & Africa Regression Analysis Tools Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Middle East & Africa Regression Analysis Tools Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
14.3.1. By Component
14.3.2. By Type
14.3.3. By Deployment
14.3.4. By Organization Size
14.3.5. By End-user
14.3.6. By Major Country
14.3.6.1. GCC
14.3.6.2. South Africa
14.3.6.3. Egypt
14.3.6.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
15. South America Regression Analysis Tools Market: Estimates & Forecast Trend Analysis
15.1. South America Market Assessments & Key Findings
15.2. South America Regression Analysis Tools Market Share (%) Estimates and Forecasts, 2022 & 2033
15.3. South America Regression Analysis Tools Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
15.3.1. By Component
15.3.2. By Type
15.3.3. By Deployment
15.3.4. By Organization Size
15.3.5. By End-user
15.3.6. By Major Country
15.3.6.1. Brazil
15.3.6.2. Mexico
15.3.6.3. Rest of South America (includes all other South America countries)
16. Competitive Landscape
16.1. Regression Analysis Tools Market Revenue Share Analysis (%), by Major Players (2021)
16.2. Regression Analysis Tools Market Competition Matrix, by Leading Players
16.3. Regression Analysis Tools List of Emerging, Prominent and Leading Players
16.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
17. Company Profiles
17.1. Advanced Micro Devices
17.1.1. Company Overview & Insights
17.1.2. Financial Performance
17.1.3. Product / Service Portfolio
17.1.4. Geographical Footprint & Share
17.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
17.2. (EViews) IHS Global Inc.
17.3. CAMO Software AS
17.4. GNU Octave
17.5. GraphPad Software Inc.
17.6. International Business Machines Corporation
17.7. Lumina Decision Systems
17.8. MathWorks, Inc.
17.9. Minitab Inc.
17.10. OriginLab Corporation
17.11. QlikTech International AB
17.12. RStudio, PBC
17.13. SAS Institute Inc.
17.14. Scilab
17.15. StataCorp LLC
17.16. TIBCO Software
17.17. Others
18. Assumptions and Research Methodology
18.1. Data Mining
18.2. Secondary Research
18.3. Primary Research
18.4. Subject Matter Expert Advice
18.5. Quality Check
18.6. Final Review
18.7. Data Triangulation
18.8. Bottom-Up Approach
18.9. Top Down Approach
18.10. Research Flow
18.11. Key Insights from Industry Experts
18.12. Data Sources
18.13. Assumptions
18.14. Limitations
19. Conclusions and Recommendations
19.1. Key Research Findings and Conclusion
19.2. Key Insights & Recommendations from Analysts
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Market Research Process
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The global regression analysis tool market is expected to amplify with a substantial CAGR of 5.7%. It is expected to achieve revenues of USD 17,293 million in 2033 from a revenue of USD 11,098.50 million in 2023.
What are the drivers shaping various markets?
The shifting trend of various companies who want more accurate and reliable results, have led to high demand for regression analysis tools in the market as it predicts accurate results than other analysis tools. Organizations use regression analysis tools to eliminate the time-consuming and lengthy sample analyzing process, which drives the demand for regression analysis tools
Who are the key competitors of market Players?
Some of the major players operating within the market are EViews IHS Global Inc., CAMO Software AS, GNU Octave, GraphPad Software Inc., International, Business Machines Corporation, Lumina Decision Systems, MathWorks, Inc., Minitab Inc., OriginLab Corporation, QlikTech International AB, RStudio, PBC, SAS Institute Inc., Scilab, StataCorp LLC, TIBCO Software and Others.
What are the top performing segments, and countries / regions of each of the markets?
Global Regression Analysis Tool Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America, Middle East and Africa. North America is expected to hold major share in terms of revenue of the regression analysis tool market during the forecast period, as the region has a significant local as well as global presence of regression analysis service providers.
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