Growing Demand of Global Business Intelligence Market in Upcoming Years

Market Overview:

Business intelligence (BI) can be described as a set of techniques and tools for the acquisition and transformation of raw data into meaningful and useful information for business analysis purposes. The term “data surfacing” is also more often associated with BI functionality. BI technologies are capable of handling large amounts of structured and sometimes unstructured data to help identify, develop and otherwise create new strategic business opportunities. The goal of BI is to allow easy interpretation of these large volumes of data. Identifying new opportunities and implementing an effective strategy based on insights can provide businesses with a competitive market advantage and long-term stability.

In order to give the users of this report an inclusive view on the business intelligence market we have included a detailed competitive scenario and product portfolio of major vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the business intelligence market has also been included. The study encloses a market attractiveness study, wherein product segments are benchmarked based on their market size, development rate, and general attractiveness.

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Top Industry Players:

Global business intelligence market competition by top players including –

  • Microsoft Corporation,
  • IBM Corporation,
  • SAP SE,
  • Oracle,
  • TABLEAU SOFTWARE,
  • SAS Institute Inc.,
  • Hitachi Vantara,
  • QlikTech International AB,
  • MicroStrategy Incorporated,
  • Information Builders,
  • TIBCO Software Inc,
  • Yellowfin,
  • Sisense Inc., Panorama

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

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Market Segments:

The global business intelligence market is segmented on the basis of component into platform, software, and services.

The services segment is further sub segmented into professional services, and managed services. The professional segment is further sub segmented into system deployment and integration, support and maintenance, and consulting services.

  • On the basis of data type, the global business intelligence market is segmented into unstructured data, semi-structured data, and structured data.
  • On the basis of organization size, the global business intelligence market is segmented into large enterprises, and small and medium-sized enterprises.
  • On the basis of application, the global business intelligence market is segmented into predictive asset maintenance, fraud detection and security management, supply chain optimization, network management and optimization, workforce management, sales and marketing management, operations management, and others.
  • On the basis of deployment model, global business intelligence market is segmented into cloud, and on-premises.
  • On the basis of vertical, the global business intelligence market is segmented into banking, financial services, and insurance, telecommunications and IT, retail and consumer goods, healthcare and life sciences, manufacturing, government and defense, energy and utilities, transportation and logistics, media and entertainment, and others.

Based on geography, the global business intelligence market is segmented into 5 geographical regions, such as

  • North America
  • South America
  • Europe
  • APAC
  • MEA

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About Market Prognosis

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