The market is majorly driven by extensive use of e-commerce and an increase in the adoption of data-oriented business models by small, medium, and large organizations. Transporting raw data and conducting an in-depth analysis enables consumers to gain insights for their business by employing the information assets as and when needed. Ltd. The report entails details about the market with data collected over the years with its wide-ranging analysis. We use Sweepstakes Promotional Software as our year-round promotion. Technology Outlook (Revenue, USD Billion, 2014 - 2025), Function Outlook (Revenue, USD Billion, 2014 - 2025), Tool Outlook (Revenue, USD Billion, 2014 - 2025), Deployment Outlook (Revenue, USD Billion, 2014 - 2025), Enterprise Size Outlook (Revenue, USD Billion, 2014 - 2025), End-use Outlook (Revenue, USD Billion, 2014 - 2025), Regional Outlook (Revenue, USD Billion, 2014 - 2025), We never share your personal data. North America dominated the market in 2018 and was valued at USD 8.2 billion. Home » Reports » Global Business Intelligence Market Size, Status and Forecast 2019-2025. It also comprises the competitive landscape within the, Yorkshire small business wins top business award, Yorkshire based small business Rebel n Rose has won a top business award from former Dragons Den's Theo Paphitis. Cloud deployment enables business applications to be scaled quickly, can be easily integrated with third-party applications, and provides security at all levels of the enterprise IT architecture so that these applications can be monitored remotely. Based on technology, the BI software market is segmented into cloud business intelligence, mobile business intelligence, social business intelligence, and traditional business intelligence. All rights reserved. BI tools enable the finance department within an organization with key insights about future trends, subsequently allowing the company to calculate risk. BI software allows small and medium enterprises to analyze their corporate data and to make decisions to drive profitability and growth in the market. Furthermore, the organizations are already benefitting from the traditional BI tools and are skeptical about adopting the advanced BI software. This dominance can be attributed to the rise in the adoption of BI applications and digitalization across various domains. Also, a BI software helps in tracking the KPIs, which consists of an umbrella of tools that uses big data and develops highly useful metrics for evaluation of feedback. Design an exclusive study to serve your research needs. Rising usage of social media sites such as Twitter, Facebook, LinkedIn, YouTube, and Instagram are also expected to drive the demand for the social business intelligence segment to manage the rapidly growing user data. The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. The report entails details about the market with data collected over the years with its wide-ranging analysis. The insurance industry is expected to confront the pressure associated with cost-efficiency. Story continues. The BI approach enables the companies to implement strategic decisions in a way such that it brings out a positive transformation resulting in high-quality customer service. Global Business Intelligence (BI) Market Size, Status and Forecast 2018-2025 Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It provides a visual representation of key performance indicators (KPI) in the form of charts, graphs, and maps, which allow businesses to make more informed decisions. These factors are expected to further drive demand for BI software in small and medium enterprises segment. In this background, the manufacturing industry is subject to a demand for a data-driven business model. Executive management is anticipated to witness remarkable growth over the forecast period. Valencia. Organizations in the region are focusing to enhance their management system and increase overall efficiency to stay competitive in the market. For instance, options such as subscription, pay-per-use, and pay-as-you-go are some of the prominent techniques that help an organization to scale its data. It also presents the overview of industry players, advantages, challenges, PRESS RELEASE FOR [280 Pages Report] The global Business Intelligence market size to grow from USD 23.1 billion in 2020 to USD 33.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period. This is expected to provide lucrative business opportunities for BI software industry participants over the forecast period. Table of Content. Business founder, Global Interferon Market Business Growth, Business Opportunities, Business Outlo …, Albany, NY, USA / 16 Oct 2018: - A New fresh research report presented by KD Market Insights provides a detailed analysis of “Global Interferon Market Size, Trends, Opportunity and Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. This is a business that enables you to earn profit without being involved in selling out and shipping small to. Classified as a tax-preparation company. Business Intelligence Market Overview The worldwide BI market is forecasted to grow at a CAGR of 7.6 percent, and it is estimated to reach $25 billion by 2020. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. Technology, function, tool, deployment, enterprise size, end use, and region. The presence of major players in cloud BI software in North America is expected to propel the regional growth of the market. The Asia Pacific is expected to emerge as the fastest-growing region owing to the rise in demand in emerging economies such as China and India. It also comprises the competitive landscape within the, Global Bio-Based Materials Market To Surpass Valuation Of US$ 94,150.0 Million B …, The market research report titled “Global Bio-Based Materials Market To Surpass Valuation Of US$ 94,150.0 Million By 2026” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Bio-Based Materials Market. Although, cloud hosting being a preferred strategy, many vendors opt for an on-premise BI strategy. Even though the advantages of adopting BI software are plenty, the initial investment of buying a suitable BI platform or software, implementing it in the organization, and training the employees on utilizing it is high. Owing to technological proliferation, and growing usage of IoT and analytics, companies can now track and compile behavioral data with a clear purpose. The use of real-time data compilation tools and advanced analytical engines are driving the demand for BI software in large enterprises. For instance, in healthcare, social business intelligence can provide key insights that can enhance outcomes for patient’s treatment, analysis of treatment plans, and minimizing hospitalization expenses. The Business Intelligence (BI) Market was valued at USD 20.516 billion in 2019 and is expected to reach USD 40.50 billion by 2025, at a CAGR of 12% over the forecast period 2020 - 2025. Copyright © 2020 Grand View Research, Inc. All rights reserved. Business Intelligence (BI) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 – 2026 News Provided By Wise Guy Consultants Pvt. Report ID: 4754 3300 Service & Software Dataintelo 111 Pages 4.5 (48) Report Details. BI software also gathers customer data from various online channels and allows small and medium enterprises to identify buyers and bring their products and services to their target market. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. It also comprises the competitive landscape within the market together with a, Global Healthcare IT Outsourcing Market To Surpass Valuation Of US$ 73.1 Billion …, The market research report titled “Global Healthcare IT Outsourcing Market To Surpass Valuation Of US$ 73.1 Billion by 2024 - ZMR” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Healthcare IT Outsourcing Market. The software allows users to access data from a mobile, tablet, laptop, desktop, and other devices connected to the network. Please wait while we are processing your request... Business Intelligence Software Market Size, Industry Report, 2019-2025, Request discounts available for Start-Ups & Universities. Addition or alteration to country, regional & segment scope. Owing to technological proliferation, and growing usage of IoT and analytics, companies can now track and compile behavioral data with a clear … Regions such as North America and Europe have high market maturity, and APAC is anticipated to experience high market growth. This is further expected to drive demand for the cloud business intelligence software over the forecast period. Charlotte, NC - This is to introduce Jackpot Money, LLC. Growing adoption of the Internet of Things (IoT) in the production process and Industry 4.0 initiative are making the conditions ideal for the manufacturing industry to opt for BI software. The global “Artificial Intelligence Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. The report will help users gain market insights, future trends, and growth prospects for forecast to 2027. Significant adoption of BI software and tools, outsourcing activities for cloud deployment, and demand for customer insights are some of the major highlights for the growth of the Asia Pacific regional market. Information on Tableau, Microsoft SQL Server Reporting, SAP Crystal Reports, IBM Cognos Enterprise and … This report has a service guarantee. The BI software allows financial institutions to analyze large amounts of customer data to gain insights about their customers, which can be used to improve products and services. Large organizations have adopted the “Big Data” approach to organizing internal and external datasets. Privacy Policy. The global business intelligence market is expected to surpass USD 17 billion in market size by 2020, accelerating at a CAGR of 10% between 2016-2020. This report also includes valuable information pertaining to market share, market size, revenue forecasts, regional landscape and SWOT analysis of the industry. On-premise deployment is easy to configure and easily integrated with existing IT and operational systems. Our support available to help you 24 hours a day, five days a week. Fortune Business Insights™ in its latest report published this information. The finance function segment dominated the market in terms of revenue in 2018 and was valued at USD 7.6 billion. It also presents the overview of industry players, advantages, challenges the business, Global Intramuscular Immune Globulin Market Business Growth, Business Opportunit …, Albany, NY, USA / 16 Oct 2018: - A New fresh research report presented by KD Market Insights provides a detailed analysis of “Global Intramuscular Immune Globulin Market Size, Trends, Opportunity and Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. For this study, Grand View Research has segmented the global business intelligence (BI) software market report based on technology, function, tool, deployment, enterprise size, end-use, and region. Based on end-use, the market is segmented into BFSI, government, healthcare, IT and telecom, manufacturing, media and entertainment, and others. As the growing dependency on data continues to rise, so too will the demand for BI tools. Based on deployment, the business intelligence (BI) software market is segmented into hosted and on-premise. Growing demand for cloud-based business solutions in the SME sector is driving the market. All interactions are confidential. Furthermore, cloud business intelligence software is easy to install in the existing business operations and allows enterprises to focus on their core business. This attentiveness in thought of business persons brought the concept of dropship business. Avail customized purchase options to meet your exact research needs. The dashboards and scorecards segment is expected to witness remarkable growth over the forecast period. Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis. https://www.zionmarketresearch.com/sample/business-intelligence-market, https://www.zionmarketresearch.com/requestbrochure/business-intelligence-market, https://www.zionmarketresearch.com/inquiry/business-intelligence-market, https://www.zionmarketresearch.com/toc/business-intelligence-market, Jens O'Brien, Borgmeier Media Communication, Advertising, Media Consulting, Marketing Research, Business, Economy, Finances, Banking & Insurance, Pressemitteilung kostenlos veröffentlichen. Knowing a language also means to know specific vocabularies. Business Intelligence Market research report which provides an in-depth examination of the market scenario regarding market size, share, demand, growth, trends, and forecast for 2020-2026. It also comprises the competitive landscape within the market together, Global Hereditary Cancer Testing Market To Surpass Valuation Of US$ 147.62 Billi …, The market research report titled “Global Hereditary Cancer Testing Market To Surpass Valuation Of US$ 147.62 Billion By 2024 - ZMR” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Hereditary Cancer Testing Market. Buy 1 Technavio report and get the second for 50% off. The licensing prices of BI software are not entirely based on software development costs but are largely influenced by the market conditions at the time of purchase. The key players in the market are Cloud9 Analytics; Google, Inc.; IBM Corporation; Informatica; Microsoft Corporation; Oracle Corporation; SAP SE; SAS Institute, Inc.; and Tableau Software. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. Although we are making breakthroughs through some states that do not allow our services, we will maintain our goal in saving money, and supporting various agencies which, A school of Spanish for foreigners organizes courses of Business Spanish in preparation to the Official Exams of the Chamber of Commerce and Industry of Madrid. Manufacturing is the leading segment that has witnessed significant changes in recent years due to a rise in global competition, which results in eradicating the traditional approach and creating a data-oriented structure. This rea… Based on tools, the market is segmented into dashboards and scorecards, OLAP and visualization tools, predictive analytics, and query reporting, and search tools. Hence, the primary step to utilize BI is to prepare an inventory of the data produced by the business. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Accurate market share and competitor analysis for Business Intelligence industry. Furthermore, the increasing adoption of data analytics in end-use industries to analyze the data and make more informed business decisions is expected to drive demand for the BI software. High penetration of e-commerce mainly in emerging economies such as India, China, and Brazil is anticipated to create lucrative opportunities for business intelligence software industry participants during the forecast period. The high adoption of cloud strategy has doubled the rate of usage for business intelligence. This growth in market size will be attributed to numerous factors including the growing adoption of data analytics, an increase in data availability, increased acceptance of cloud business intelligence (BI) by SMEs, and the improved efficiency of BI tools. First, let’s dive into who makes up the business intelligence market. The report will account for Covid19 as a key market contributor. This report focuses on the global Business Intelligence status, future forecast, growth opportunity, key market and key players. Moreover, increasing the use of data and business analytics software backed by continuous investments in business intelligence and tools is generating high revenue growth. Get your queries resolved from an industry expert. Global Business Intelligence Market Size, Status and Forecast 2019-2025. Thus, a smart entrepreneur always looks for the opportunity that can guarantee a good profit quotient. Dashboards and analytical tools relay a significant level of focus on measurements that are important for business decisions. The cloud business intelligence segment accounted for a significant market share as cloud solutions offer predictive maintenance for clients, which covers the expenses for hardware and software problems. In recent years, digital applications such as online analytical processing (OLAP), executive information systems (EIS), predictive analysis, and data mining have gained traction in the information industry. On the contrary, significant cost incurred in-licensing and installing a BI software is expected to pose a challenge to the market growth. Furthermore, deploying cloud-based BI software allows businesses to concentrate on their core activities rather than managing their IT environment. This website is secure and your personal details are safe. The report entails details about the market with data collected over the years with its wide-ranging analysis. From their initial versions called decision support systems (DSS) that first came out in the 1960s, business intelligence tools had undergone far longer and more extension developments compared to other software technologies today. This dominance can be attributed to increased deployment of BI software to enable constant access to the client database, secure transactions, and enhanced client experience. We offer our services to all Americans above the age of 18. Dec 02, 2020 (Market Insight Reports) -- Selbyville, Delaware. Free report customization (equivalent up to 8 analysts’ working days) with purchase. This requirement of data can be easily fulfilled by cloud technology in secure and reliable environment at low cost. Based on function, the market is segmented into executive management, finance, information and deployment, and sales and marketing. The global social business intelligence market was valued at US$ 19,043Mn in 2019 and is forecast to reach a value of US$ 30,049Mn by 2027 at a CAGR of 5.9% between 2020 and 2027. We are in compliance with GDPR & CCPR norms. Business intelligence software enables businesses to make informed decisions based on logical facts involving market trends and consumer buying patterns. The high emphasis on resource allocation and strategic decision-making is further expected to drive the growth of large enterprises segment. The global BI software market was valued at about $14.3 billion in 2018 and is expected to grow to $28.77 billion at a CAGR of 19.1% through 2022. Rising awareness for several benefits offered by BI software enables a high scope for organizations to target their customers and enhance user experience. Global Business Intelligence Market Size, Trends & Growth Opportunity, By Deployment Type (on-premise, and On-demand), By Component (Platform, Software, and Services), By End Use Industry(Manufacturing, Retail & Consumer Goods, Media & Entertainment, Energy & Utilities, Government & Defense, and Others) By Region and Forecast till 2027 The report entails details about the market with data collected over the years with its wide-ranging analysis. © 2004 - 2020 openPR. For instance, in 2018 Microsoft Corporation invested USD 14.7 billion in research and development to develop advanced products and services, which helped the company to maintain a competitive advantage over its competitors. Therefore, the search tools can help consumers to impart significant learning about the product/service they wish to opt for. The US is a key market for business intelligence and analytics platforms market in North America. The extensive use of financial tools for collecting, processing, and analyzing financial data in real-time environments that help in making in better business decisions, is expected to drive the growth of the finance segment. Artificial intelligence is based on complex mathematical models that requires large amount of data. … View market snapshot before purchasing. Global Business Intelligence and Analytics Software market accounted for $22.79 billion in 2017 and is expected to reach $55.48 billion by 2026 growing at a CAGR of 10.4% during the forecast period. Jackpot Money, LLC Global Digital Pathology Market To Surpass Valuation Of US$ 980 Million By 2024 …, The market research report titled “Global Digital Pathology Market To Surpass Valuation Of US$ 980 Million By 2024 - ZMR” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Digital Pathology Market. IMMEDIATE RELEASE FOR: The query reporting and search tools segment dominated the market in 2018. These factors are further expected to boost the growth of the cloud deployment segment over the forecast period. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". The global contact center intelligence market size is expected to reach USD 5.78 billion by 2027, registering a CAGR of 23.5% from 2020 to 2027, according to … The necessity of BI for organizations stems from decision support systems wherein managers use computer applications to test their decisions. The rise in the adoption of BI software for strategical decision making by organizations is expected to drive demand for the executive management segment. Data scalability is a prominent feature of BI software and applications. For instance, data exists in several systems across the large organization as they own CRM and ERP applications. The global business intelligence software market size was valued at USD 24.9 billion in 2018 and is expected to witness a CAGR of 10.1% from 2019 to 2025. The company that launched just over a year ago as a online , vegan , cruelty free and zero plastic bath products company was chosen as a Small business Sunday (SBS) winner. Buy 2 Technavio reports and get the third for free. Key players such as Microsoft Corporation, IBM Corporation, and Amazon are focusing on integrat… Social business intelligence is an important aspect of the BI industry, wherein the growing number of individuals within a domain produces massive amounts of information for future access. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. North America; Europe; Asia Pacific; South America; Middle East & Africa, U.S.; Canada; UK; Germany; India; Japan; China; Brazil. Saas-Based Business Intelligence (Bi) Industry 2020 Global Market research report is a professional and in-depth study on the market size, growth, … As manufacturing costs are growing rapidly following a decline in profit margins, government regulations are also thickening for the manufacturing sector all across the globe. Discrete manufacturing makes up 11.3%, professional services and process manufacturing both take up 8.2%, government uses 6.8%, an… BI enabled dashboards and scoreboards to allow businesses to analyze the data to enable corporate staff and end-users with more informed business decisions. Both large and small and medium enterprises are increasingly adopting BI software to strengthen the internal as well as external business processes. Based on enterprise Size, Status and forecast 2019-2025 the opportunity that can a... Revenue share this report focuses on the global business intelligence and analytics platforms in... 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