In 2023, Morningstar Advisor Workstation was by far the most popular data analytics software worldwide. According to a survey carried out between December 2022 and March 2023, the market share of Morningstar Advisor Workstation was 23.81 percent. It was followed by Riskalyze Elite, with 12.21 percent, and YCharts, with 10.82 percent.
Market share of leading data analytics software worldwide in 2023
members of the financial planning/investment advisory community
Supplementary notes
The source adds the following information: Market share figures are based on the number of advisors who gave the displayed software a rating, divided by the total number of survey respondents. The market share figure is not calculated as a percentage of the firms that are using the software or service, but a percentage of the total marketplace at large.
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Various sources (T3 Techonology Hub). (March 23, 2023). Market share of leading data analytics software worldwide in 2023 [Graph]. In Statista. Retrieved October 18, 2024, from https://www.statista.com/statistics/982516/most-popular-data-analytics-software/
Various sources (T3 Techonology Hub). "Market share of leading data analytics software worldwide in 2023." Chart. March 23, 2023. Statista. Accessed October 18, 2024. https://www.statista.com/statistics/982516/most-popular-data-analytics-software/
Various sources (T3 Techonology Hub). (2023). Market share of leading data analytics software worldwide in 2023. Statista. Statista Inc.. Accessed: October 18, 2024. https://www.statista.com/statistics/982516/most-popular-data-analytics-software/
Various sources (T3 Techonology Hub). "Market Share of Leading Data Analytics Software Worldwide in 2023." Statista, Statista Inc., 23 Mar 2023, https://www.statista.com/statistics/982516/most-popular-data-analytics-software/
Various sources (T3 Techonology Hub), Market share of leading data analytics software worldwide in 2023 Statista, https://www.statista.com/statistics/982516/most-popular-data-analytics-software/ (last visited October 18, 2024)
Market share of leading data analytics software worldwide in 2023 [Graph], Various sources (T3 Techonology Hub), March 23, 2023. [Online]. Available: https://www.statista.com/statistics/982516/most-popular-data-analytics-software/