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 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.
Information Mobility for decision making
It’s easier to track your KPIs
Cost is high & limited uses
Influence of Business Intelligence on Crime Management
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.
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
By Data Type
Supply Chain Optimization
Fraud Detection & Security Management
Predictive Asset Maintenance
Network Management & Optimization
Sales & Marketing Management
Key Market Players
International Business Machines (IBM) Corporation
Pentaho (Hitachi Vantara) Corporation
Qlik Technologies, Inc.
Tableau Software, Inc.
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