Global Business Intelligence Market 2023-2027
Technavio has been monitoring the business intelligence market and is forecast to grow by USD 12144.6 mn during 2022-2027, accelerating at a CAGR of 8.49% during the forecast period. Our report on the business intelligence market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by mergers and acquisitions, product launches, and growing demand for BI in retail.
Technavio's business intelligence market is segmented as below:
By End-user
- BFSI
- Healthcare
- ICT
- Government
- Others
By Deployment
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies advanced analytical tools as one of the prime reasons driving the business intelligence market growth during the next few years. Also, the rising adoption of smart connected devices and robust increase in data will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the business intelligence market covers the following areas:
- Business intelligence market sizing
- Business intelligence market forecast
- Business intelligence market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading business intelligence market vendors that include Amazon.com Inc., Arbela Technologies Corp., Global Software LLC, Hitachi Ltd., Idera Inc., InetSoft Technology Corp., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., Palantir Technologies Inc., Panorama Software Inc., SAP SE, SAS Institute Inc., ScienceSoft USA Corp., Sisense Ltd., TARGIT AS, TIBCO Software Inc., QlikTech international AB, and Salesforce.com Inc. Also, the business intelligence market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.