Key Drivers and Market Trends
The Global Business intelligence (bi) and analytics platforms market is likely to grow by $ 21.72 bn, decelerating at a CAGR of over 13% till 2025. Several factors such as Rising need to improve business efficiency and Increasing use of smart connected devices will drive market growth. This research report lists all the growth drivers that are likely to boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The goal of this research report is to furnish clients with insights that will help them leverage growth opportunities to implement business growth.
Business Intelligence (BI) And Analytics Platforms Market: Segments and Geographical Regions
Business Intelligence (BI) And Analytics Platforms Market: Vendor Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
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The report provides insights into the following FAQs:
Business Intelligence (BI) And Analytics Platforms Market Size to Grow by $ 21.72 bn through 2021-2025
The business intelligence (bi) and analytics platforms market is expected to grow by $ 21.72 bn, decelerating at a CAGR of almost 13.16% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
Business Intelligence (BI) and Analytics Platforms Market: Receive Free Sample Report
Business Intelligence (BI) And Analytics Platforms Market: Segmentation by End-user
This report provides a detailed analysis of the market by End-user (BFSI, Healthcare, ICT, Government, and Others) and Geography (North America, APAC, Europe, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
Business Intelligence (BI) And Analytics Platforms Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Hitachi Ltd., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., QlikTech international AB, SAP SE, SAS Institute Inc., Tableau Software LLC, and TIBCO Software Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.
The report provides insights into the following FAQs:
The business intelligence (BI) and analytics platforms market is likely to experience steady growth because of the rising need to improve business efficiency and the increasing use of smart connected devices. Rising at a CAGR of 10% , the market is estimated to have an incremental growth of $ 12.62 bn by 2024. Download Free Sample Report
As per a Technavio analyst, the growing popularity of medical tourism industry is one of the variously emerging trends which is expected to boost the growth of the business intelligence (BI) and analytics platforms market
Technavio’s recent analysis of business intelligence (BI) and analytics platforms market, includes a detailed examination of its revenue forecasts, including market drivers and challenges, key market participants, and growth opportunities. The study segments the markets in North America, Europe, APAC, MEA, and South America, geographically. The North America region is expected to have a market share of 36%. This growth can be attributed to the abundance of data across the exponentially growing healthcare sector, particularly in the US.
For further information on this analysis, please visit: https://www.technavio.com/industries/application-software
Rising data privacy and security concerns and an increasing threat from open-source business analytics vendors are expected to hinder the growth of the market. However, the rising demand for data integration and visual analytics will have a positive impact on the business intelligence (BI) and analytics platforms market during the forecast period.
Technavio’s analysis of the business intelligence (BI) and analytics platforms market also includes:
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