Most popular data analytics software 2023

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

Characteristic	Market share
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Release date

March 2023

More information

Region

Worldwide

Survey time period

December 2022 to March 2023

Number of respondents

3,309 respondents

Special properties

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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