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How the $44.5 billion business analytics market works

How the $44.5 billion business analytics market works

The Business Analytics Market is estimated at $44.5 billion in 2015 and is expected to reach $71.1 billion by 2022 growing at a CAGR of 6.9% from 2015 to 2022.

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According to Stratistics MRC, the Business Analytics Make an Inquiry about this news market growth is influenced by the rising demand for the analytics by the organizations due to the growing big data trend, quickly changing business environment and customer choices. However, high execution costs and unwillingness in adoption of business analytics are some factors hindering the market growth.

Moreover, scarcity of skilled workers with sound technical capabilities poses major challenge to the market. 

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Amongst applications, Banking, financial services & insurance (BFSI) and retail industries acquired maximum market share. Tableau was the fastest growing business analytics software company, growing around 80% in a year.

North America commanded the largest market share as this region encourages the implementation of business analytics across its diverse organizations followed by Europe. Asia Pacific is extensively witnessing rise in the acceptance of business analytics. 

The key players in the global business analytics market are

IBM, Infor, Tibco Software, Inc., Microsoft Corporation, Microstrategy Incorporated, Oracle Corporation,, QLIK Technologies, Inc., SAP SE, SAS Institute, Inc. and Tableau Software, Inc. 

Sample Copy @…outlook-2016-2022 Make an Inquiry about this news

Deployment Types Covered: 
• On-site 
• Cloud

Applications Covered: 
• Telecom and IT 
• Retail 
• Media and Entertainment 
• Manufacturing 
• Healthcare 
• Government 
• Energy and Power 
• Education 
• Banking, Financial Services and Insurance 
• Other Applications

Softwares Covered: 
• Search and altering 
• Advanced and Predictive Analytics 
• Performance and Big Data Management 
• Data Discovery and Visualization software 
• Content Analytics 
• Business Intelligence 
• Corporate Performance Management suites 
• Other Softwares

End Users Covered: 
• Small & Medium Business (SMB) 
• Large Scale Enterprises

Services Covered: 
• Managed Services 
• Professional Services

Regions Covered:

  • North America 
    o US 
    o Canada 
    o Mexico 
    • Europe 
    o Germany 
    o France 
    o Italy 
    o UK 
    o Spain 
    o Rest of Europe 
    • Asia Pacific 
    o Japan 
    o China 
    o India 
    o Australia 
    o New Zealand 
    o Rest of Asia Pacific 
    • Rest of the World 
    o Middle East 
    o Brazil 
    o Argentina 
    o South Africa 
    o Egypt

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 8 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

Table Of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Application Analysis 
3.7 End User Analysis 
3.8 Emerging Markets 
    3.9 Futuristic Market Scenario 

4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
4.5 Competitive rivalry 

5 Global Business Analytics Market, By Deployment Type 
5.1 Introduction 
5.2 On-Site 
5.3 Cloud 

12 Company Profiling

12.1 IBM 
12.2 INFOR 
12.3 Tibco Software, Inc. 
12.4 Microsoft Corporation 
12.5 Micro strategy Incorporated 
12.6 Oracle Corporation 
12.7 QLIK Technologies, Inc. 
12.8 SAP SE 
12.9 SAS Institute, Inc. 
12.10 Tableau Software, Inc. 


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