BUSINESS INTELLIGENCE MARKET Forecast 2018-2026
• The global business intelligence market is expected to grow at a CAGR of 9.51% during the years 2018-2026.
• Over the forecast period of 2018-2026, drivers like growing recognition of cloud BI by SMEs, steady growth of enterprise resource planning, and stakeholders demanding better performance management are advancing the market growth further.
• The global business intelligence market segments include technology, types, deployments, and endusers. The technology segment of the global business analysis market includes cloud business intelligence, traditional business intelligence, social business intelligence and mobile business intelligence. • The business intelligence market by type is divided into analytics application & performance management, advanced and predictive analytics, and CPM suites. On the basis of the deployment model, the market is categorized according to onpremise and on-demand based model. • The market caters to several end-users like healthcare & life sciences, manufacturing, energy & power, automotive and logistics, banking, financial services and insurance, IT & technology, consumer, government and media & entertainment.
“The global business intelligence market is expected to grow at a CAGR of 9.51% during the years 2018-2026, Over the forecast period of 2018-2026.�
The United States and Canada are the countries proliferating the BI market growth in the region. The presence of emerged countries and developed technology aid the region to sustain its dominance in the global market. Also, there are numerous industry verticals present in the region that are increasing the BI application, thus, propelling the market demand significantly. BI.
In the global scenario, the region possesses the fastest growth rate in the BI market. The BI market is bifurcated into type, end-user, deployment, and technology. The countries mentioned in the BI report for the APAC region are India, Japan, China, and rest of Asia Pacific. China holds the largest market share in the region and is predicted to sustain its dominating position over the coming future.
The BI market comprises of four key segments such as technology, deployment, type, and enduser. The countries that are aiding the development of the market in the region are France, Spain, UK, Germany, Switzerland, Italy, and rest of Europe. Predictive systems and ERP software’s with technological advancement are augmenting the market in this region. France is the leading country in the region, in terms of share and is also contributing highest in the region.
The established market players in the global business intelligence market include Birst, Alteryx, Fair Issac
Corporation (Fico), Information Builders, Good Data, International Business Machine Corporation ( IBM ), Microsoft, Oracle Corporation, Microstrategy, Qlik
Technolgies Inc, Sap, Sales Force, Sas Institute Ic, The Information Bus Company (Tibco) Software Inc, Tableau Software, Porini, Stratebi and Alten Group.