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Research delivers insight into the business intelligence market

Industrial Market Research

Business Intelligence Market by Data Type (Unstructured, Semi-Structure, Structured Data), by Application (Supply Chain Optimization, Fraud Detection & Security Management, Predictive Asset Maintenance, Workforce Management) and by Deployment Model (On-Cloud, On-Premise).

Global Business Intelligence Market Make an Inquiry about this news is valued at USD 18.26 Billion in the year 2017. Global Business Intelligence Market is further estimated to grow at a CAGR of 8.43% from 2018 to 2023 to reach USD 29.67 Billion by the year 2023.

North America region holds the highest market share in 2017 with Asia-Pacific region is considered as the fastest growing market in the forecasted period. At a country level, the U.S.

is the biggest market in 2017 and it is projected to grow at a gradual pace in the coming years.

Oracle Corporation (U.S.), Microsoft Corporation (U.S.), SAP (Germany), International Business Machines (IBM) Corporation (U.S.), Alteryx, Inc. (U.S.), Microstrategy, Inc. (U.S.), Pentaho (Hitachi Vantara) (U.S.), Information Builders (U.S.), Qlik Technologies, Inc.

(U.S.), Tableau Software, Inc. (U.S.) are some of the key players in the Global Business Intelligence market. Rising research and development expenses to cater changing demand of end users, similarly growth strategies such as acquisition, merger and expansion of the distribution network were few methods adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

Information Mobility for decision making

It’s easier to track your KPIs

Restraints:

Cost is high & limited uses

Opportunities:

Influence of Business Intelligence on Crime Management

Challenges:

Getting the right business intelligence

On-premise segment was estimated to hold the highest market share during the forecast period. On the other hand, Unstructured Data type is expected to grow at the highest CAGR of XXX during year 2017-2022.

As there is growth in adoption of IOT and rising the demands for analytics in small enterprises is the main region for the generation of unstructured data.

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Key Benefits for Stakeholders

Business Intelligence Advisory corporations, Solution vendors,

Original equipment companies,

Investment communities, System integrators, Venture industrialists,

Private equity groups, Equity research organizations,

National regulatory authorities.

By Deployment Model

On-Cloud

On-Premise

By Data Type

Unstructured Data

Semi-Structured Data

Structured Data

By Application

Supply Chain Optimization

Fraud Detection & Security Management

Predictive Asset Maintenance

Workforce Management

Operation Management

Network Management & Optimization

Sales & Marketing Management

Others

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Oracle Corporation

SAP SE

Microsoft Corporation

International Business Machines (IBM) Corporation

Alteryx, Inc.

Microstrategy, Inc.

Pentaho (Hitachi Vantara) Corporation     

Information Builders

Qlik Technologies, Inc.

Tableau Software, Inc.

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News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
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