Worldwide Business Intelligence and Analytics Software Forecast, 2024-2028
This IDC study presents a five-year forecast for the business intelligence and analytics (BIA) software market. The forecast data is split by deployment type and geographic region. “The fusion of AI/ML and GenAI within BIA software will continue to evolve the market and revolutionize how organizations harness data for decision-making, pushing the boundaries of insight generation, self-service analytics, and data culture.” — Megha Kumar, research VP, Analytics and AI, IDC
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Embedded Analytics
AI Adoption
Transition to Cloud Continues
Inhibitors
Data Literacy
Competition is Rising
Significant Market Developments
Changes from Prior Forecast
Market Definition
Business Intelligence and Analytics Software
Business Intelligence Software
Advanced and Predictive Analytics Software
Methodology
Historical and Forecast Market Values and Exchange Rates