The global is forecast to reach USD 60.49 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the global business intelligence and analytics market is projected to expand significantly in terms of revenue due to growing demand for real-time data-driven decision-making solutions. Based on application, the business management segment is expected to lead in terms of revenue contribution to the global business intelligence and analytics market due to increasing implementation of business intelligence and analytics solutions in order to optimize business performance with efficient planning, budgeting, accounting, and forecasting.
Due to rapid adoption of cloud technologies by end-users, the modern channel data delivery segment is expected to account for comparatively higher revenue share than other data delivery segments during the forecast period. This can be attributed to significantly high demand for cloud-hosted business intelligence and analytics solutions, which offer streamlined data exchange. Besides, rising need to identify customer behavior across various industries and sectors is expected to further fuel global business intelligence and analytics market growth during the forecast period.
BUSINESS INTELLIGENCE AND ANALYTICS Market Size – USD 27.20 Billion in 2019, Market Growth – at a CAGR of 11.2%, Market Trends – Rise in adoption of search-driven analytics to generate analysis reports.
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Key Market Participants Include SAP SE, Oracle Corporation, Microsoft Corporation, TIBCO Software Inc., GoodData Corporation, International Business Machines Corporation, MicroStrategy Incorporated, Tableau Software, Inc., SAS Institute Inc., and Qlik Technologies Inc.The global Business Intelligence and Analytics market report discusses in detail the revenue and cost profit analysis of the prominent players of the market. It also focuses on the strategic initiatives taken by the companies to gain a robust footing in the market such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, and licensing agreements, among others. It covers business overview, expansion plans, gross profit margins, revenue growth, production and manufacturing capacity, product portfolio, and financial standing of the companies. SWOT analysis and Porter’s Five Forces analysis are also covered to offer detailed analysis of the key companies operating in the market.
The global Business Intelligence and Analytics market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Business Intelligence and Analytics sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
In the elaborated primary research method undertaken for this report, the primary sources Postal Surveys, telephone, Online & Face-to-Face Survey were utilized to attain qualitative and quantitative aspects of this research study. When it comes to secondary sources, we looked at the company’s annual reports, press releases, websites, investor presentations, conference call transcripts, webinars, journals, regulators, national customs, and industry associations
Process Type Outlook (Revenue, USD Billion; 2020–2027)
Online Transactional Processing (OLTP)
Online Analytical Processing (OLAP)
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End-use Outlook (Revenue, USD Billion; 2020–2027)
Middle East & Africa
Business Intelligence and Analytics Market. The report consists of forecasts related to the market size, revenue, production, CAGR, gross margin, and other significant factors. The report offers a complete study on the current and future trends of the market, along with the key driving and restraining forces impacting the industry. The report further sheds light on the micro and macroeconomic aspects, including the socio-political landscape that is expected to impact the demand of the Business Intelligence and Analytics market during the forecast period. It also focuses on the role of the key market players involved in the industry, including their corporate overview, financial summary, and SWOT analysis.
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