Business Intelligence Market by Component (Platform, Services, Software), Data Type (Semi-Structured Data, Structured Data, Unstructured Data), Deployment, Application, End-User - Global Forecast 2023-2030
The Business Intelligence Market is projected to reach USD 55.76 billion by 2030 from USD 24.64 billion in 2022, at a CAGR of 10.74% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Business Intelligence Market.
- Based on Component, market is studied across Platform, Services, and Software. The Services is further studied across Consulting Services, Support & Maintenance, and System Deployment & Integration. The Software is projected to witness significant market share during forecast period.
- Based on Data Type, market is studied across Semi-Structured Data, Structured Data, and Unstructured Data. The Unstructured Data is projected to witness significant market share during forecast period.
- Based on Deployment, market is studied across On-Demand and On-Premises. The On-Demand is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Fraud Detection & Security Management, Network Management & Optimization, Operations Management, Predictive Asset Maintenance, Sales & Marketing Management, Supply Chain Optimization, and Workforce Management. The Sales & Marketing Management is projected to witness significant market share during forecast period.
- Based on End-User, market is studied across BFSI, Healthcare & Lifescience, Manufacturing, Retail, Telecommunication & IT, and Transportation & Logistics. The BFSI is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Business Intelligence Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Business Intelligence Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
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.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Business Intelligence Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Business Intelligence Market?
- What is the competitive strategic window for identifying opportunities in the Business Intelligence Market?
- What are the latest technology trends and regulatory frameworks in the Business Intelligence Market?
- What is the market share of the leading vendors in the Business Intelligence Market?
- Which modes and strategic moves are suitable for entering the Business Intelligence Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Business Intelligence Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising application of self-service BI tools
- 5.1.1.2. Government support for adoption of cloud and advanced analytics
- 5.1.1.3. Growing adoption of the Internet of Things (IoT) in the production process and Industry 4.0
- 5.1.2. Restraints
- 5.1.2.1. Lack of skilled professionals with expertise in data analytics and business intelligence
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in business intelligence
- 5.1.3.2. Increase in the adoption of data-oriented business models by small, medium, and large organizations
- 5.1.4. Challenges
- 5.1.4.1. Concerns regarding data security and privacy
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Business Intelligence Market, by Component
- 6.1. Introduction
- 6.2. Platform
- 6.3. Services
- 6.4.1. Consulting Services
- 6.4.2. Support & Maintenance
- 6.4.3. System Deployment & Integration
- 6.4. Software
- 7. Business Intelligence Market, by Data Type
- 7.1. Introduction
- 7.2. Semi-Structured Data
- 7.3. Structured Data
- 7.4. Unstructured Data
- 8. Business Intelligence Market, by Deployment
- 8.1. Introduction
- 8.2. On-Demand
- 8.3. On-Premises
- 9. Business Intelligence Market, by Application
- 9.1. Introduction
- 9.2. Fraud Detection & Security Management
- 9.3. Network Management & Optimization
- 9.4. Operations Management
- 9.5. Predictive Asset Maintenance
- 9.6. Sales & Marketing Management
- 9.7. Supply Chain Optimization
- 9.8. Workforce Management
- 10. Business Intelligence Market, by End-User
- 10.1. Introduction
- 10.2. BFSI
- 10.3. Healthcare & Lifescience
- 10.4. Manufacturing
- 10.5. Retail
- 10.6. Telecommunication & IT
- 10.7. Transportation & Logistics
- 11. Americas Business Intelligence Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Business Intelligence Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Business Intelligence Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. Alteryx Inc.
- 15.1.2. Cisco Systems Inc.
- 15.1.3. Databricks
- 15.1.4. Domo, Inc.
- 15.1.5. GoodData Corporation
- 15.1.6. Google LLC By Alphabet Inc.
- 15.1.7. Hitachi Vantara LLC
- 15.1.8. IBM Corporation
- 15.1.9. Koch Industries, Inc.
- 15.1.10. Microsoft Corporation
- 15.1.11. MicroStrategy, Inc.
- 15.1.12. Oracle Corporation
- 15.1.13. Panorama Software
- 15.1.14. QlikTech International AB
- 15.1.15. RACKSPACE TECHNOLOGY
- 15.1.16. Salesforce, Inc.
- 15.1.17. SAP SE
- 15.1.18. SAS Institute Inc.
- 15.1.19. Sisense Inc.
- 15.1.20. TARGIT A/S
- 15.1.21. ThoughtSpot, Inc.
- 15.1.22. TIBCO Software Inc.
- 15.1.23. VMware Inc.
- 15.1.24. Yellowfin International Pty Ltd
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
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