Business Intelligence

Business Intelligence Market by Component (Platform, Services, Software), Data Type (Semi-Structured Data, Structured Data, Unstructured Data), Deployment, Application, End-User - Global Forecast 2024-2030

SKU
MRR-587D457878B7
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 27.26 billion
2030
USD 55.76 billion
2024
USD 30.17 billion
CAGR
10.76%
360iResearch Analyst
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[183 Pages Report] The Business Intelligence Market size was estimated at USD 27.26 billion in 2023 and expected to reach USD 30.17 billion in 2024, at a CAGR 10.76% to reach USD 55.76 billion by 2030.

Business Intelligence Market
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Business intelligence (BI) encompasses the strategies and technological tools employed by enterprises for the data analysis of business information. It aims at supporting better business decision-making through fact-based insights derived from the organization's data. The primary drivers behind the adoption of BI include the need for increased operational efficiency, enhanced competitive edge, improved decision-making speed, and the capability to predict future trends effectively. In the modern digital era, the vast amounts of data generated by businesses need to be harnessed to extract meaningful insights, making BI tools more essential than ever. Implementing BI faces several hurdles, such as data quality and accuracy issues, integrating BI systems with existing infrastructures, the high cost of BI technologies, and the resistance to change within organizations. Additionally, the rapid pace of technological advancements requires continuous learning and adaptation. However, BI presents numerous opportunities, including leveraging big data for informed strategic planning, enhanced customer insights, real-time data analysis for immediate decision-making, and AI and ML for predictive analytics. The role of BI in unlocking potential and driving innovation becomes increasingly significant as organizations become more data-driven.
Business Intelligence Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Business Intelligence Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Business Intelligence Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Business Intelligence Market, highlighting leading vendors and their innovative profiles. These include Alteryx Inc., Cisco Systems Inc., Databricks, Domo, Inc., GoodData Corporation, Google LLC By Alphabet Inc., Hitachi Vantara LLC, IBM Corporation, Koch Industries, Inc., Microsoft Corporation, MicroStrategy, Inc., Oracle Corporation, Panorama Software, QlikTech International AB, RACKSPACE TECHNOLOGY, Salesforce, Inc., SAP SE, SAS Institute Inc., Sisense Inc., TARGIT A/S, ThoughtSpot, Inc., TIBCO Software Inc., VMware Inc., and Yellowfin International Pty Ltd.

Market Segmentation & Coverage

This research report categorizes the Business Intelligence Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Platform
    • Services
      • Consulting Services
      • Support & Maintenance
      • System Deployment & Integration
    • Software
  • Data Type
    • Semi-Structured Data
    • Structured Data
    • Unstructured Data
  • Deployment
    • On-Demand
    • On-Premises
  • Application
    • Fraud Detection & Security Management
    • Network Management & Optimization
    • Operations Management
    • Predictive Asset Maintenance
    • Sales & Marketing Management
    • Supply Chain Optimization
    • Workforce Management
  • End-User
    • BFSI
    • Healthcare & Lifescience
    • Manufacturing
    • Retail
    • Telecommunication & IT
    • Transportation & Logistics

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Business Intelligence Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Business Intelligence Market?
  3. What are the technology trends and regulatory frameworks in the Business Intelligence Market?
  4. What is the market share of the leading vendors in the Business Intelligence Market?
  5. Which modes and strategic moves are suitable for entering the Business Intelligence Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Business Intelligence Market, by Component
  7. Business Intelligence Market, by Data Type
  8. Business Intelligence Market, by Deployment
  9. Business Intelligence Market, by Application
  10. Business Intelligence Market, by End-User
  11. Americas Business Intelligence Market
  12. Asia-Pacific Business Intelligence Market
  13. Europe, Middle East & Africa Business Intelligence Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 568]
  18. List of Companies Mentioned [Total: 24]
Frequently Asked Questions
  1. How big is the Business Intelligence Market?
    Ans. The Global Business Intelligence Market size was estimated at USD 27.26 billion in 2023 and expected to reach USD 30.17 billion in 2024.
  2. What is the Business Intelligence Market growth?
    Ans. The Global Business Intelligence Market to grow USD 55.76 billion by 2030, at a CAGR of 10.76%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 7th anniversary in 2024!
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    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
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    Ans. Absolutely yes, with the purchase of additional user licenses.
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    Ans. Absolutely yes, so long as the 360iResearch cited correctly.