Business Intelligence and Analytics Market Witness a CAGR of 9.4 % By 2025
The global business intelligence and analytics market was valued at US$ 16649.3 million in 2016 and is estimated to witness a CAGR of 9.4 % during the forecast period (2017 – 2025).
(EMAILWIRE.COM, September 08, 2018 ) The global business intelligence and analytics market was valued at US$ 16649.3 million in 2016 and is estimated to witness a CAGR of 9.4 % during the forecast period (2017 – 2025). Business Intelligence (BI) and Analytics software provides the insight and analytic information, which helps managers, executive, and other corporate end users to understand the situations and take bold action with quick execution.
The increasing demand of real time data analysis, increasing adoption of cloud technology, and rising installation of internet of devices are some of the major drivers fueling the market growth of business Intelligence and analytics software globally. Additionally, rising demand of insights form unstructured data to understand the customer and market trend and increasing adoption of business intelligence and analytic tool by small and medium enterprises provides the growth opportunity to the business intelligence and analytics market globally.
Browse Detail Market Report @ https://www.coherentmarketinsights.com/market-insight/business-intelligence-and-analytics-market-745
Market Dynamics
Increasing demand for analyzing the real time data, rising requirement of analyzing unstructured data for understanding customers demand, and increasing adoption of cloud computing technology by various organization are some of the key drivers fueling the growth of the business intelligence and analytics market globally. Implementation of cloud technology have reduced the IT infrastructure cost of the organization, as business intelligence and analytics software requires large space to store and analyze the structure and unstructured data. Hence, implementation of cloud technology in business intelligence and analytics fuels the demand of the software.
Market Taxonomy
This report segments the global business intelligence and analytics market on the basis of deployment model, platform, services, organization size, verticals, and geography. For comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.
Download PDF Brochure to Gain Detail @ https://www.coherentmarketinsights.com/insight/request-pdf/745
Key features of the study:
• This report provides in-depth analysis of the business intelligence and analytics market with market size (US$ Million) and CAGR (%) for the forecast period: 2017 – 2025, considering 2016 as the base.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
• It profiles leading players in the global business intelligence and analytics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments. and strategies.
• Key companies covered as a part of this study include Tibco Software, Tableau Software, Inc., SAS Institute, Inc., SAP AG, Qlik Technologies, Inc., Oracle Corporation, Microstrategy , Inc., Microsoft Corporation, Information Builders, IBM Corporation.
• Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, technology upgrades, market expansion, and marketing tactics.
• Various strategy matrices used in analyzing the business intelligence and analytics market would provide stakeholders vital inputs to make strategic decisions accordingly.
The increasing demand of real time data analysis, increasing adoption of cloud technology, and rising installation of internet of devices are some of the major drivers fueling the market growth of business Intelligence and analytics software globally. Additionally, rising demand of insights form unstructured data to understand the customer and market trend and increasing adoption of business intelligence and analytic tool by small and medium enterprises provides the growth opportunity to the business intelligence and analytics market globally.
Browse Detail Market Report @ https://www.coherentmarketinsights.com/market-insight/business-intelligence-and-analytics-market-745
Market Dynamics
Increasing demand for analyzing the real time data, rising requirement of analyzing unstructured data for understanding customers demand, and increasing adoption of cloud computing technology by various organization are some of the key drivers fueling the growth of the business intelligence and analytics market globally. Implementation of cloud technology have reduced the IT infrastructure cost of the organization, as business intelligence and analytics software requires large space to store and analyze the structure and unstructured data. Hence, implementation of cloud technology in business intelligence and analytics fuels the demand of the software.
Market Taxonomy
This report segments the global business intelligence and analytics market on the basis of deployment model, platform, services, organization size, verticals, and geography. For comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.
Download PDF Brochure to Gain Detail @ https://www.coherentmarketinsights.com/insight/request-pdf/745
Key features of the study:
• This report provides in-depth analysis of the business intelligence and analytics market with market size (US$ Million) and CAGR (%) for the forecast period: 2017 – 2025, considering 2016 as the base.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
• It profiles leading players in the global business intelligence and analytics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments. and strategies.
• Key companies covered as a part of this study include Tibco Software, Tableau Software, Inc., SAS Institute, Inc., SAP AG, Qlik Technologies, Inc., Oracle Corporation, Microstrategy , Inc., Microsoft Corporation, Information Builders, IBM Corporation.
• Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, technology upgrades, market expansion, and marketing tactics.
• Various strategy matrices used in analyzing the business intelligence and analytics market would provide stakeholders vital inputs to make strategic decisions accordingly.
Contact Information:
Coherent Market Insights
Mr. Shah
Tel: 2067016702
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Coherent Market Insights
Mr. Shah
Tel: 2067016702
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results