
The global market for Business Intelligence and Analytics Software was estimated to be worth US$ 23220 million in 2023 and is forecast to a readjusted size of US$ 35760 million by 2030 with a CAGR of 5.9% during the forecast period 2024-2030
The factors for the Business Intelligence and Analytics Software market include:
1. Increasing Data Availability and Complexity: The rapid growth of digital technologies and the internet has led to an exponential increase in data generation. Organizations have access to vast amounts of data from various sources, including customer data, transaction records, social media, and sensor-generated data. Business Intelligence and Analytics software offer the capabilities to analyze and extract insights from this data, driving the demand for such tools.
2. Rise of Data-Driven Decision Making: Businesses are increasingly realizing the value of data-driven decision-making processes. Business Intelligence and Analytics software enable organizations to collect, analyze, and interpret data to make informed decisions, optimize operations, and gain a competitive edge. The adoption of these software solutions is driven by the need to transition from intuition-based decision-making to data-driven strategies.
3. Increasing Complexity of Business Processes: With the increasing complexity of business processes, traditional methods of data analysis and reporting become insufficient. Business Intelligence and Analytics software provide advanced functionalities that can handle complex data structures, analyze data in real-time, and uncover hidden patterns and trends. This capability is essential for businesses to adapt to the evolving challenges and complexities of today's markets.
4. Demand for Operational Efficiency: Businesses are constantly seeking ways to improve operational efficiency and optimize resource allocation. Business Intelligence and Analytics software provide insights into key performance indicators, identify bottlenecks, and highlight areas for improvement. These tools enable organizations to streamline processes, reduce costs, and increase productivity, driving the demand for such software solutions.
5. Growing Focus on Customer Experience: Customer-centricity has become a crucial aspect of business success. Business Intelligence and Analytics software facilitate a deep understanding of customer behavior, preferences, and needs by analyzing customer data. This insights-driven approach helps organizations personalize marketing campaigns, enhance customer engagement, and deliver a superior customer experience.
6. Regulatory Compliance and Risk Management: Compliance with regulatory requirements and effective risk management are critical for businesses operating in various industries, such as finance, healthcare, and telecommunications. Business Intelligence and Analytics software can assist organizations in monitoring and auditing processes, identifying potential risks, detecting anomalies, and ensuring compliance. The need for regulatory compliance and risk mitigation drives the adoption of these software solutions.
7. Technological Advancements: Continuous advancements in technology, such as artificial intelligence, machine learning, and natural language processing, have enhanced the capabilities of Business Intelligence and Analytics software. These technologies enable organizations to automate data analysis, generate predictive insights, and gain a deeper understanding of their business operations. Technological advancements drive the market by providing more powerful and efficient software solutions.
8. Affordable Cloud-Based Solutions: The availability of affordable cloud-based Business Intelligence and Analytics software has democratized access to these tools. Small and medium-sized enterprises (SMEs) can now leverage advanced analytics capabilities without substantial upfront costs or the need for extensive IT infrastructure. The accessibility and cost-effectiveness of cloud-based solutions have fueled the adoption of Business Intelligence and Analytics software across organizations of all sizes.
Overall, the driving factors for the Business Intelligence and Analytics Software market include the increasing availability and complexity of data, the rise of data-driven decision making, the need for operational efficiency, the growing focus on customer experience, regulatory compliance and risk management, technological advancements, and the affordability of cloud-based solutions. These factors collectively contribute to the growth and adoption of Business Intelligence and Analytics software in various industries.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Business Intelligence and Analytics Software, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Business Intelligence and Analytics Software by region & country, by Type, and by Application.
The Business Intelligence and Analytics Software market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Business Intelligence and Analytics Software.
麻豆原创 Segmentation
By Company
TIBCO Software
MicroStrategy
Tableau Software
OpenText
IBM
Oracle
Microsoft
SAP
SAS
Segment by Type:
Content Analytics
Professional ServicesManaged Services
Others
Segment by Application
Healthcare
BFSI
Media and entertainment
Energy and Power
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Business Intelligence and Analytics Software manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Business Intelligence and Analytics Software in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Business Intelligence and Analytics Software in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 麻豆原创 Overview
1.1 Business Intelligence and Analytics Software Product Introduction
1.2 Global Business Intelligence and Analytics Software 麻豆原创 Size Forecast
1.3 Business Intelligence and Analytics Software 麻豆原创 Trends & Drivers
1.3.1 Business Intelligence and Analytics Software Industry Trends
1.3.2 Business Intelligence and Analytics Software 麻豆原创 Drivers & Opportunity
1.3.3 Business Intelligence and Analytics Software 麻豆原创 Challenges
1.3.4 Business Intelligence and Analytics Software 麻豆原创 Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Business Intelligence and Analytics Software Players Revenue Ranking (2023)
2.2 Global Business Intelligence and Analytics Software Revenue by Company (2019-2024)
2.3 Key Companies Business Intelligence and Analytics Software Manufacturing Base Distribution and Headquarters
2.4 Key Companies Business Intelligence and Analytics Software Product Offered
2.5 Key Companies Time to Begin Mass Production of Business Intelligence and Analytics Software
2.6 Business Intelligence and Analytics Software 麻豆原创 Competitive Analysis
2.6.1 Business Intelligence and Analytics Software 麻豆原创 Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Business Intelligence and Analytics Software Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Business Intelligence and Analytics Software as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Content Analytics
3.1.2 Professional ServicesManaged Services
3.1.3 Others
3.2 Global Business Intelligence and Analytics Software Sales Value by Type
3.2.1 Global Business Intelligence and Analytics Software Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Business Intelligence and Analytics Software Sales Value, by Type (2019-2030)
3.2.3 Global Business Intelligence and Analytics Software Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Healthcare
4.1.2 BFSI
4.1.3 Media and entertainment
4.1.4 Energy and Power
4.1.5 Others
4.2 Global Business Intelligence and Analytics Software Sales Value by Application
4.2.1 Global Business Intelligence and Analytics Software Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Business Intelligence and Analytics Software Sales Value, by Application (2019-2030)
4.2.3 Global Business Intelligence and Analytics Software Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Business Intelligence and Analytics Software Sales Value by Region
5.1.1 Global Business Intelligence and Analytics Software Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Business Intelligence and Analytics Software Sales Value by Region (2019-2024)
5.1.3 Global Business Intelligence and Analytics Software Sales Value by Region (2025-2030)
5.1.4 Global Business Intelligence and Analytics Software Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Business Intelligence and Analytics Software Sales Value, 2019-2030
5.2.2 North America Business Intelligence and Analytics Software Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Business Intelligence and Analytics Software Sales Value, 2019-2030
5.3.2 Europe Business Intelligence and Analytics Software Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Business Intelligence and Analytics Software Sales Value, 2019-2030
5.4.2 Asia Pacific Business Intelligence and Analytics Software Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Business Intelligence and Analytics Software Sales Value, 2019-2030
5.5.2 South America Business Intelligence and Analytics Software Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Business Intelligence and Analytics Software Sales Value, 2019-2030
5.6.2 Middle East & Africa Business Intelligence and Analytics Software Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Business Intelligence and Analytics Software Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Business Intelligence and Analytics Software Sales Value
6.3 United States
6.3.1 United States Business Intelligence and Analytics Software Sales Value, 2019-2030
6.3.2 United States Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Business Intelligence and Analytics Software Sales Value, 2019-2030
6.4.2 Europe Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Business Intelligence and Analytics Software Sales Value, 2019-2030
6.5.2 China Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.5.3 China Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Business Intelligence and Analytics Software Sales Value, 2019-2030
6.6.2 Japan Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Business Intelligence and Analytics Software Sales Value, 2019-2030
6.7.2 South Korea Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Business Intelligence and Analytics Software Sales Value, 2019-2030
6.8.2 Southeast Asia Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Business Intelligence and Analytics Software Sales Value, 2019-2030
6.9.2 India Business Intelligence and Analytics Software Sales Value by Type (%), 2023 VS 2030
6.9.3 India Business Intelligence and Analytics Software Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 TIBCO Software
7.1.1 TIBCO Software Profile
7.1.2 TIBCO Software Main Business
7.1.3 TIBCO Software Business Intelligence and Analytics Software Products, Services and Solutions
7.1.4 TIBCO Software Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.1.5 TIBCO Software Recent Developments
7.2 MicroStrategy
7.2.1 MicroStrategy Profile
7.2.2 MicroStrategy Main Business
7.2.3 MicroStrategy Business Intelligence and Analytics Software Products, Services and Solutions
7.2.4 MicroStrategy Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.2.5 MicroStrategy Recent Developments
7.3 Tableau Software
7.3.1 Tableau Software Profile
7.3.2 Tableau Software Main Business
7.3.3 Tableau Software Business Intelligence and Analytics Software Products, Services and Solutions
7.3.4 Tableau Software Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.3.5 OpenText Recent Developments
7.4 OpenText
7.4.1 OpenText Profile
7.4.2 OpenText Main Business
7.4.3 OpenText Business Intelligence and Analytics Software Products, Services and Solutions
7.4.4 OpenText Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.4.5 OpenText Recent Developments
7.5 IBM
7.5.1 IBM Profile
7.5.2 IBM Main Business
7.5.3 IBM Business Intelligence and Analytics Software Products, Services and Solutions
7.5.4 IBM Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.5.5 IBM Recent Developments
7.6 Oracle
7.6.1 Oracle Profile
7.6.2 Oracle Main Business
7.6.3 Oracle Business Intelligence and Analytics Software Products, Services and Solutions
7.6.4 Oracle Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.6.5 Oracle Recent Developments
7.7 Microsoft
7.7.1 Microsoft Profile
7.7.2 Microsoft Main Business
7.7.3 Microsoft Business Intelligence and Analytics Software Products, Services and Solutions
7.7.4 Microsoft Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.7.5 Microsoft Recent Developments
7.8 SAP
7.8.1 SAP Profile
7.8.2 SAP Main Business
7.8.3 SAP Business Intelligence and Analytics Software Products, Services and Solutions
7.8.4 SAP Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.8.5 SAP Recent Developments
7.9 SAS
7.9.1 SAS Profile
7.9.2 SAS Main Business
7.9.3 SAS Business Intelligence and Analytics Software Products, Services and Solutions
7.9.4 SAS Business Intelligence and Analytics Software Revenue (US$ Million) & (2019-2024)
7.9.5 SAS Recent Developments
8 Industry Chain Analysis
8.1 Business Intelligence and Analytics Software Industrial Chain
8.2 Business Intelligence and Analytics Software Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Business Intelligence and Analytics Software Sales Model
8.5.2 Sales Channel
8.5.3 Business Intelligence and Analytics Software Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TIBCO Software
MicroStrategy
Tableau Software
OpenText
IBM
Oracle
Microsoft
SAP
SAS
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*If Applicable.
