The business intelligence market is expected to soar in the forecast period owing to high growth in advanced analytics and increasing adoption of data-driven decision making. Also, the emergence of IoT enabled technologies is propelling the growth of the business intelligence market. However, there are some challenging factors such as lack of skilled workforce and management of data quality which are obstructing the market growth during the forecast period. On the other hand, the rapid adoption by SMEs is likely to offer creative growth prospects to vendors active in the business intelligence market.
Leading Business Intelligence Market Players:
IBM Corporation, Information Builders, Microsoft Corporation, Oracle Corporation, QlikTech International AB, SAP SE, SAS Institute Inc., Sisense Inc., TIBCO Software Inc., Yellowfin International Pty Ltd
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Business intelligence (BI) converts raw information into meaningful data through a set of processes, technologies, and architectures. These technologies include dashboards, data warehouses, data discovery tools, and ad hoc reporting, among others. BI drives profitable business decisions through actionable insights and knowledge. Natural language processing (NLP), artificial intelligence (AI), automation, and data governance are some emerging trends in the business intelligence market. Major market vendors are focusing on constant innovations and development to stay competitive in the market.
The “Global Business Intelligence Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of business intelligence market with detailed market segmentation by component, deployment, application, organization size, industry vertical, and geography. The global business intelligence market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading business intelligence market players and offers key trends and opportunities in the market.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global business intelligence market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The business intelligence market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Business Intelligence Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Business Intelligence Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Table of Content:
Competition Analysis by Players
Company (Top Players) Profiles
Business Intelligence Market Size by Type and Application
US Market Status and Outlook
EU Development Market Status and Outlook
Japan Market Development Status and Outlook
China Market Status and Outlook
India Business Intelligence Market Status and Outlook
Southeast Asia Market Status and Outlook
Market Forecast by Region, Type, and Application
Market Effect Factor Analysis
Research Finding/ Conclusion
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