Business Intelligence Software Market 2019 Global Share,Trend,Segmentation and Forecast to 2026

Business Intelligence Software Market 2019 Global Share,Trend,Segmentation and Forecast to 2026

“Business Intelligence Software Market”
WiseGuyReports.Com Publish a New Market Research Report On –“ Business Intelligence Software Market 2019 Global Share,Trend,Segmentation and Forecast to 2026”.

 

Business Intelligence Software Industry 2019

Description:-

Business Intelligence Software Market was valued US$ 14 Bn in 2017 and is expected to reach US$ 32 Bn by 2026, at a CAGR of 10.89 % during forecast period.

Business intelligence is emerging as one of the most important tools for business organizations, allowing them to make more concrete and tactical decisions. With ever increasing volume of data produced worldwide, BI & analytics is becoming one of the most important areas for several businesses and government organizations. In 2016, above 16 zettabytes (ZB) of data was generated globally which have created huge opportunities for analytics.

Growing saturation of smart grids, energy management, Internet of Things (IoT), social media and many others are expected to continue increasing the data volumes over the following years. This is further predictable to create various analytics applications for the market, thereby driving the demand for Business Intelligence & analytics tools.

 

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Increase in data volume, popularity of cloud delivery model and growth in data analytics adoption globally are the key driving factors for the market growth. Still, factors like lack of awareness about the benefits of the software and lack of skilled are limiting the growth of market. Software application established to obtain, convert, analyze and report data for business intelligence are known as business intelligence and analytics software. Also, these tools are being used to read information and data that is stored, not necessarily in data mart. Apart from these, the tools are helping front line users to design reports as well as perform analytics, confirming less dependency on information technology department. Faster deployment, ultimate optimization, performance management, power data mining and reduction implementation challenges are benefits offered by business intelligence software.

Cloud segment was leading in the market in 2016, and is estimated to continue during forecast period. Also, other industry vertical segment dominated overall market, and deploys the business intelligence software at a higher scale. Rising adoption of business intelligence software by many associations and growth in demand for cloud-based business analytics software among SMEs are major factors that are fueling the business analytics software market growth. Data explosion is projected to drive the business intelligence software market growth over the forecast period. Increasing amount of customer data in certain industries like retail and BFSI, have promoted industry penetration on account of high need for more space and hardware to store data.

Increased costs and requirement in healthcare to reduce expenses are key factors projected to fuel healthcare business intelligence software market growth. Healthcare providers are improving patient outcomes, reduce expenditures, and analyze treatment effectiveness with the help of healthcare Business Intelligence platforms, effectively using operational, patient, and other relevant data.

Key players operated in market include SAP, Microsoft, SAS, Oracle, IBM, Qlik. 

Scope of Global Business Intelligence Software Market: 
Business Intelligence Software Market by Type: 
Cloud BI Software 
Mobile BI Software 
Social BI Software 
Traditional BI Software 

Business Intelligence Software Market by Deployment Model: 
On-demand/Cloud 
On-premise 

Business Intelligence Software Market by End User: 
IT & Telecom 
Retail 
BFSI 
Manufacturing 
Others 

Business Intelligence Software Market by Application: 
Customer Analytics 
Supply Chain Analytics 
Marketing Analytics 
Pricing Analytics 
Others 

Business Intelligence Software Market by Geography: 
North America 
Asia Pacific 
Europe 
Latin America 
Middle East & Africa 

Key Players Operated in Market Include: 
SAP 
Microsoft 
SAS 
Oracle 
IBM 
Qlik 
Tableau Software 
Information Builders 
Teradata 
MicroStrategy 
Yellowfin International 
Zoho 
Jaspersoft 
Sisense 
Phocas 
Domo 
Sysomos 
ZAP BI 
Salesforce 
datapine 
Javelin Group 
Square

 

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Table Of Contents – Major Key Points

1. Preface 
    1.1. Research Objectives 
    1.2. Report Scope and Market Segmentation

2. Assumptions and Research Methodology 
    2.1. Abbreviations

3. Executive Summary 
    3.1. Global Business Intelligence Software Market Size, by Market Value (US$ Bn)

4. Market Overview 
    4.1. Introduction 
    4.2. Market Dynamics 
      4.2.1. Drivers 
      4.2.2. Restraints 
      4.2.3. Opportunities 
      4.2.4. Challenges 
      4.2.5. Emerging Industry 
    4.3. Market Analysis 
      4.3.1. Value Chain Analysis 
      4.3.2. Pricing Analysis 
      4.3.3. Market risk analysis 
      4.3.4. Porter’s Analysis

5. Global Business Intelligence Software Market Analysis and Forecast 
    5.1. Global Business Intelligence Software Market Analysis and Forecast 
    5.2. Global Business Intelligence Software Market Size& Y-o-Y Growth Analysis 
      5.2.1. North America 
      5.2.2. Europe 
      5.2.3. Asia Pacific 
      5.2.4. Middle East & Africa 
      5.2.5. South America

Continued……

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