Global Business Intelligence Software Market -2020

MarketsandMarkets Presents

Business Intelligence and Analytics Software Market worth $26.78 Billion by 2020

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“Business Intelligence and Analytics Software Market by Segment (BI platforms, CPM Suite, Advanced and Predictive Analytics, Content Analytics, Analytics Application), by Services, by Deployment Mode, by Org. Size, by Verticals, by Regions - Global Forecast to 2020�, segments the global market into service types, deployment models, organization size, and industry verticals along with in-depth analysis and revenue forecasts.

Browse 67 market data tables and 59 figures spread through 155 pages and in-depth TOC http://www.marketsandmarkets.com/Market-Reports/business-intelligence-analyticssoftware-market-247431917.html Early buyers will receive 10% customization in this report.

Business Intelligence and analytics is an amalgamation of two major segments which includes business intelligence and analytics. In fact as the data proliferates business intelligence needs more detailed analysis of large volume of structured and unstructured data, this introduced concept of analytics into business intelligence.

It provides visibility to every business process, therefore these solutions have ubiquitous role in every industry vertical. As the technologies evolve Business Intelligence and analytics has undergone numerous changes by adapting to the new trends. http://www.marketsandmarkets.com/Market-Reports/business-intelligence-analyticssoftware-market-247431917.html

Self-service business intelligence is highly in demand by the end users as a result of which vendors develop specialized tools mastered in using tools without any technical assistance.

The demand in this market is highly driven by self-service business intelligence and analytics tools. Furthermore shifting interest in cloud deployment, mobile BI solutions, and increasing competition are some other factors pushing this market and creating value in the market. Interesting dashboards with distinct features are continually evolving for maximizing end user experience and remain competitive in the market. For this many niche players such as Tableau software, Qlik technologies, and many others has emerged and expected to evolve in the coming time. Talking about the industry verticals, healthcare industry is rapidly adopting business intelligence tools while BFSI and retail vertical are capturing maximum of the market.

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MarketsandMarkets forecasts that the global Business Intelligence and Analytics Software Market is expected to grow from $17.90 Billion in 2015 to $26.78 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 8.4%. In the current scenario, North America is expected to be the largest market on the basis of spending and adoption of Business Intelligence and Analytics Software Market.

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