The global business intelligence and analytics market is forecast to reach USD 60.49 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the global business intelligence and analytics market is projected to expand significantly in terms of revenue due to growing demand for real-time data-driven decision-making solutions. Besides, rising need to identify customer behavior across various industries and sectors is expected to further fuel global business intelligence and analytics market growth during the forecast period. Furthermore, increasing adoption of search-driven analytics to prepare reports will propel revenue growth of the global business intelligence and analytics market growth to a significant extent in the near future. Search-driven analytics is a paradigm to build charts and reports using web search style; also, it can incorporate natural language processing.
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The report provides detailed insights into Business Intelligence and Analytics market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Business Intelligence and Analytics market size over the forecast period, 2020–2028. The report includes profiles of major Business Intelligence and Analytics players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Business Intelligence and Analytics market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Business Intelligence and Analytics market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Business Intelligence and Analytics market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Business Intelligence and Analytics market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Business Intelligence and Analytics market share contribution of these countries. In addition, Business Intelligence and Analytics market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Business Intelligence and Analytics Market include are:
SAP SE,
Oracle Corporation,
Microsoft Corporation,
TIBCO Software Inc.,
GoodData Corporation,
International Business Machines Corporation,
MicroStrategy Incorporated,
Tableau Software, Inc.,
SAS Institute Inc., and
Qlik Technologies Inc.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Process Type Outlook (Revenue, USD Billion; 2020–2027)
- Online Transactional Processing (OLTP)
- Online Analytical Processing (OLAP)
- Data Delivery Outlook (Revenue, USD Billion; 2020–2027)
- Traditional channels
- Web portal
- Web app
- File Transfer Protocol (FTP)
- Modern channels
- Cloud hosting
- Social sharing
- Traditional channels
- Application Outlook (Revenue, USD Billion; 2020–2027)
-
-
- Business management
- Performance management
- Strategic planning
- Process intelligence
- Competitive intelligence
- IT management
- App analytics
- Web analytics
- Security management
- Sales & Marketing
- Customer behavior analysis
- Campaign management
- CRM
- Targeted marketing
- Inventory management
- Human resource
- Talent management
- HR analytics
- Supply chain & Logistics
- Shipping & inventory control
- Supplier & vendor management
- Sports and games analytics
- Business management
-
- End-use Outlook (Revenue, USD Billion; 2020–2027)
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- Education
- Healthcare
- Manufacturing
- Telecommunication
- Information Technology
- Retail
- Entertainment
- Government
- Energy & Power
- Financial Services
- Others
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In terms of Business Intelligence and Analytics market share and revenue contribution to the global Business Intelligence and Analytics market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Business Intelligence and Analytics market share.
The market intelligence report on the Business Intelligence and Analytics Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Business Intelligence and Analytics industry
North America Business Intelligence and Analytics market revenue growth was relatively higher than that of other regional markets in 2020. North America Business Intelligence and Analytics market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Business Intelligence and Analytics market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Business Intelligence and Analytics market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Business Intelligence and Analytics market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Business Intelligence and Analytics market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Business Intelligence and Analytics industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Business Intelligence and Analytics market across different regions?
- Who are the major driving forces expected to decide the fate of the Business Intelligence and Analytics industry worldwide?
- Who are the prominent market players making a mark in the Business Intelligence and Analytics market with their winning strategies?
- Which Business Intelligence and Analytics industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Business Intelligence and Analytics market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Business Intelligence and Analytics Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Business Intelligence and Analytics Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Business Intelligence and Analytics Market Segmentation & Impact Analysis
4.1. Business Intelligence and Analytics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Business Intelligence and Analytics Market indicators analysis
4.2.2. Business Intelligence and Analytics Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Business Intelligence and Analytics Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Business Intelligence and Analytics products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Business Intelligence and Analytics Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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