--- title: 5 Data Analytics Statistics to know for 2022 description: 5 Data Analytics Statistics to know for 2022 image: https://blog.joonsolutions.com/hubfs/joonblog.png --- [Skip to content](https://blog.joonsolutions.com/refined-and-refactored/5-data-analytics-statistics-to-know-for-2022#main-content) [![Joon HubSpot Audit-1](https://blog.joonsolutions.com/hubfs/Joon%20HubSpot%20Audit-1.png)](https://www.joonsolutions.com) - [Home](https://joonsolutions.com) - [Blog](https://joonsolutions.com/blogs/) - [Free dbt Template Downloads](https://joonsolutions.com/shop/) # 5 Data Analytics Statistics to know for 2022 [Casper](https://blog.joonsolutions.com/refined-and-refactored/author/casper) Dec 3, 2021 4:40:11 AM ![](https://blog.joonsolutions.com/hubfs/joonblog.png)   1. The global business intelligence market will be valued at $30.9 billion by 2022 According to [research by Beroe, Inc.](https://www.beroeinc.com/blog/business-intelligence-market-to-be-valued-at-30-9-billion-dollar-by-2022/), a leading provider of procurement intelligence, the global business intelligence market is estimated to reach $30.9 billion by 2022. and key drivers include big data analytics, demand for data-as-a-service, demand for personalized, self-servicing BI capabilities. 2. 60% of organizations report company culture as being their biggest obstacle to success with business intelligence. Dresner’s [Business Intelligence Market Study 2021](https://www.board.com/en/analyst-report/dresner-business-intelligence-market-study#gref) revealed that the most significant obstacle to success with business intelligence is “a culture that doesn’t fully understand or value fact-based decision-making.” 60% of respondents reported this factor as most damaging. 3. Retail/Wholesale, Financial Services, and Technology organizations are increasing their BI budgets by over 50% in 2022 Retail/Wholesale, Financial Services, and Technology organizations are the top industries increasing their investment in business intelligence. Each of these industries is planning to increase budgets for business intelligence by over 50%, according to Dresner’s [Business Intelligence Market Study 2021](https://www.board.com/en/analyst-report/dresner-business-intelligence-market-study#gref). 4. 63% of companies say that improved efficiency is the top benefit of data analytics, while 57% say more effective decision-making [Finances Online reports](https://financesonline.com/relevant-analytics-statistics/) that organizations identify improved efficiency and more effective decision-making as the top two benefits of using data analytics. 5. The global big data analytics in retail market generated $4.85 billion in 2020, and is estimated to increase to $25.56 billion by 2028, with a CAGR of 23.1% from 2021 to 2028. Retail is investing heavily in data, according to a [report by Allied Market Research](https://www.globenewswire.com/en/news-release/2021/06/30/2255892/0/en/Big-Data-Analytics-in-Retail-Market-to-Reach-25-56-Billion-by-2028-Exclusive-Research-Allied-Market-Research.html). The rise in expenditure on big data analytics tools, the need to deliver personalized customer experience to increase sales, and the growth of e-commerce are all contributing to this growth. ## Leave a Comment ## Related Posts ### [Dec 3, 2021 11:00:43 PM Credit Scoring with ML](https://blog.joonsolutions.com/refined-and-refactored/credit-scoring-with-ml) ### [Dec 3, 2021 4:36:00 AM Traditional vs. Modern Business Intelligence](https://blog.joonsolutions.com/refined-and-refactored/traditional-vs.-modern-business-intelligence) ### [Dec 3, 2021 10:49:31 PM Top 5 Digital Transformation Trends in 2021 and Beyond](https://blog.joonsolutions.com/refined-and-refactored/top-5-digital-transformation-trends-in-2021-and-beyond) ![footer-logo-4](https://blog.joonsolutions.com/hubfs/footer-logo-4.png) We offer services for the modern data stack. Our experts will deploy modern data solutions at blazing speed. Our team delivers results 30x faster and at 1/2 the cost of one data engineer. All of our services are developed as business first, and focus on success criteria. We enable non-technical users to explore and share information that matters. Radically change the way your organization understands data. - [About Us](https://joonsolutions.com) - [Blog](https://joonsolutions.com/blog) - [Videos](https://www.youtube.com/channel/UCqnxWdNjPeNir3J-enFgEmQ) - [Contact Us](https://joonsolutions.com/#contactus) © 2026 All rights reserved. Developed by [GiantFocal](https://www.giantfocal.com)