Global Business Intelligence Market Size and Key Trends in Terms of Volume and Value 2018-2025
“Global Business Intelligence Industry Report” is an expert and in-depth analysis of key business and future development prospects, key determinants and restrictions, profiles of major market players, segmentation and forecasting. The study offers a comprehensive qualitative analysis of the industry’s growth parameters, the current state of the market in terms of analysis of key economic situations and macroeconomic analysis. The analysis highlights the growth opportunities of key market segments along with the tactical moves made by key vendors to grow in the market.
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Scope of the Report:
“Global Business Intelligence Market to grow from USD 18289.95 million in 2016 to USD 33657.87 million by 2023, at a Compound Annual Growth Rate (CAGR) of 9.1%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.”
The major forces driving the growth of the business intelligence market include the boost productivity and gains market intelligence and pinpoint cross selling and upselling opportunities. Moreover, fact-based decision making and prescriptive analytics to pull out trends from past is also one of the factors that is driving the market growth. However lack oforganization-wide adoption, and high infrastructural investment and extensive training cost may hinder the market growth. In the middle of difficulty lies opportunity such as the embedding visualization in bi to extend the reach of analytics, self-service analytics interface through natural language processing, and adaptive firms with smart data discovery, analytics workflow automation, and machine learning. The possible challenges for the market growth are extracting and analyzing data from multiple sources, and issues in driving business decisions in real-time from big data. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global business intelligence market is studied across aerospace & defense, banking, financial services & insurance, consumer goods & retail, education, energy & utilities, government, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, transportation & logistics, and travel & hospitality.
Based on geography, the global business intelligence market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the business intelligence market and provides inclusive analysis of key growth strategies adopted by Major Players. Key products profiled in the study are Alteryx Analytics, Amazon QuickSight, BOARD, Bime, Birst Platform, Datameer, Datawatch Monarch, IBM Cognos Analytics, Information Builders WebFOCUS, and Kofax Analytics.
Reasons to Buy:
The business intelligence market research study reveals hidden insights and dynamic, which in turn helps the players in the ecosystem take better strategic decisions. The firms looking for purchasing the global business intelligence market research report could look for following prospects on their way to better understand the market that can aid further decision making and possibly identify the best opportunities to exploit.
Evaluate the qualitative and quantitative aspects of the report and analyze the business intelligence market penetration with respect to industries and geographies.
Evaluate the key vendors in the business intelligence market in terms of products satisfaction and business strategy. This helps identify consumer preferences and understand its current position in 360iResearch FPNV Positioning Matrix.
Evaluates the key vendors and deeply analyze competitive landscape, revenue pockets, market trends, growth prospects, pain points, drivers, restraints, challenges and opportunities of the business intelligence market.
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Table of Content:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation & Coverage
1.4 Years Considered for the Study
1.5 Currency & Pricing
- Research & Forecasting
2.1 Research Methodology
2.1.1 Research Instruments
184.108.40.206 Secondary Instrument
220.127.116.11 Primary Instrument
2.1.2 Research Approaches
18.104.22.168 Bottom-up Approach
22.214.171.124 Top-down Approach
2.1.3 Research Reliability & Validity
2.1.4 Research Assumptions
2.2 Forecasting Methodology
2.2.1 Methodology for Market Estimation & Forecasting
2.2.2 Significance and Importance of the Market Estimation & Forecasting
- Executive Summary
- Premium Insight
4.1 Market Connectivity
4.2 Market Data Feed
4.3 Market Dynamics
126.96.36.199 Boost productivity and gains market intelligence
188.8.131.52 Pinpoint cross selling and upselling opportunities
184.108.40.206 Fact-based decision making and prescriptive analytics to pull out trends from past
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