Growing demand for real-time data-driven decision-making solutions and rising need to identify customer behavior across various industries and sectors are factors driving business intelligence and analytics market growth.
The global business intelligence and analytics market is forecast to reach USD 60.49 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the global business intelligence and analytics market is projected to expand significantly in terms of revenue due to growing demand for real-time data-driven decision-making solutions. Besides, rising need to identify customer behavior across various industries and sectors is expected to further fuel global business intelligence and analytics market growth during the forecast period.
The global Business Intelligence and Analytics market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures. The global Business Intelligence and Analytics market is highly consolidated due to the presence of a large number of companies across this industry.
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The global Business Intelligence and Analytics market study covers the current COVID-19 scenario that has turned the global business sphere upside down. The coronavirus has resulted in a major economic downturn worldwide, while also adversely impacting the growth of this industrial sector. The pandemic has brought about drastic changes in market conditions.
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Key market participants include SAP SE, Oracle Corporation, Microsoft Corporation, TIBCO Software Inc., GoodData Corporation, International Business Machines Corporation, MicroStrategy Incorporated, Tableau Software, Inc., SAS Institute Inc., and Qlik Technologies Inc.
These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.
The global Business Intelligence and Analytics market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
Unfolding the prime factors prompting global market growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Business Intelligence and Analytics market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
- A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights. To gain useful market insights, grab a sample copy of this report:
The latest report presents the vital indicators of market growth, including an effective value chain analysis, Porter’s Five Forces Analysis, and CAGR growth over the forecast period. The significant data and information gathered by our analysts are likely to help readers have a clear comprehension of the qualitative and quantitative growth parameters of the global Business Intelligence and Analytics market.
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The global Business Intelligence and Analytics market report estimates revenue growth on global, regional, and country levels, depicting the industry trends from 2020 to 2027 in each segment and sub-segment of the market. However, the global market is fragmented on the basis of region, product type, and application.
- Process Type Outlook (Revenue, USD Billion; 2020–2027)
- Online Transactional Processing (OLTP)
- Online Analytical Processing (OLAP)
- Data Delivery Outlook (Revenue, USD Billion; 2020–2027)
- Traditional channels
- Web portal
- Web app
- File Transfer Protocol (FTP)
- Modern channels
- Cloud hosting
- Social sharing
- Application Outlook (Revenue, USD Billion; 2020–2027)
- Business management
- Performance management
- Strategic planning
- Process intelligence
- Competitive intelligence
- Business management
- Traditional channels
End-use Outlook (Revenue, USD Billion; 2020–2027)
- Information Technology
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Global Business Intelligence and Analytics Market Report – Table of Contents:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Business Intelligence and Analytics Market Segmentation & Impact Analysis
4.1. Business Intelligence and Analytics Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. The growing demand for real-time data-driven decision-making solutions
22.214.171.124. The increasing demand for real-time performance measurement solutions
126.96.36.199. Rising need to identify customer behavior among various industry
188.8.131.52. The increasing demand for better sales forecasting and budgeting solution
4.2.3. Market restraints analysis
184.108.40.206. The high cost of business intelligence and analytics solution
220.127.116.11. Issues related to data breaches
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Business Intelligence and Analytics Market By Process Type Insights & Trends Revenue (USD Billion)
5.1. Process Type Dynamics & Market Share, 2019 & 2027
5.1.1. On-line Transactional Processing (OLTP)
5.1.2. On-line Analytical Processing (OLAP)
Chapter 6. Business Intelligence and Analytics Market By Data Delivery Insights & Trends Revenue (USD Billion)
6.1. Data Delivery Dynamics & Market Share, 2019 & 2027
6.1.1. Traditional channels
18.104.22.168. Web portal
22.214.171.124. Web app
126.96.36.199. File Transfer Protocol (FTP)
6.1.2. Modern channels
188.8.131.52. Cloud hosting
184.108.40.206. Social sharing
To be continue..!
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