Business Intelligence Market
Business Intelligence Market

Business Intelligence Market Booming Worldwide With Top Industry Players: IBM, Microsoft, MicroStrategy, Oracle, Qlik, SAP, SAS, Tableau Software, and TIBCO Software Inc.

The business intelligence market is expected to become a key decision-making tool throughout the organization for the next decade. Business intelligence analyzes enterprise data on hidden trends and patterns to track business performance and helps business users make better decisions based on real-time data. From a marketing standpoint, business intelligence provides strategic management tools that help executives and decision makers make faster, faster decisions that are needed for day-to-day business operations, strategy and tactical planning

The major factors driving the BI market are increasing adoption of cloud, growth of advanced analytics, adoption of data-driven decision-making, and the emergence of Internet of Things (IoT)-enabled technologies. The market is growing rapidly because of the transformation from traditional techniques for analyzing business data to advanced BI techniques and the massive surge in the volumes structured and unstructured data

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Among the applications, Banking, Financial Services, and Insurance (BFSI) are the largest contributor of the total market revenue in 2015 due to increasing digital financial transactions across the globe.

Some Of The Key Players In Global Business Intelligence (Bi) Market Include:

  • Information Builders
  • International Business Machines Corporation
  • Datawatch
  • Microsoft Corporation
  • Microstrategy, Inc.
  • Oracle Corporation
  • Panorama
  • Pentaho (A Hitachi Company)
  • Qlik Technologies
  • SAP SE
  • SAS Institute
  • Sisense Inc.
  • Tableau Software
  • Tibco Software
  • Yellowfin International Pty Ltd.

Unstructured Data segment is expected to dominate the global business intelligence market with higher CAGR owing to increasing adoption of data analytics and growing market for IoT devices.

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North America is projected to be the leading markets in terms of market size, during the forecast period. Asia Pacific is expected to witness high growth rate during the forecast period. Growing adoption of technologies and rapid economic growth in emerging countries are boosting the market growth in Asia Pacific region.

Data Types Covered:

  • Structured Data
  • Semi-Structured Data
  • Unstructured Data

Components Covered:

  • Software
  • Platform
  • Services

Deployment Models Covered:

  • On-Demand
  • On-Premises

Technologies Covered:

  • Cloud BI
  • Traditional BI
  • Social BI
  • Mobile BI

Applications Covered:

  • Operations Management
  • Network Management and Optimization
  • Predictive Asset Maintenance
  • Sales and Marketing Management
  • Fraud Detection and Security Management
  • Workforce Management
  • Supply Chain Optimization
  • Other Applications

Organization Sizes Covered:

  • Small and Medium-Sized Enterprises
  • Large Enterprises

End Users Covered:

  • Media and Entertainment
  • Manufacturing
  • Telecommunications and IT
  • Transportation and Logistics
  • Retail and Consumer Goods
  • Banking, Financial Services, and Insurance
  • Energy and Utilities
  • Healthcare and Life Sciences
  • Government and Defense
  • Other End Users

The Report Covers In-Depth Analysis As Follows: Table Of Content

1 Executive Summary

2 Prefaces

3 Market Trend Analyses

4 Porters Five Force Analysis

5 By Data Type

6 By Component

7 By Deployment Model

8 By Technology

9 By Application

10 By Organization Size

11 By End User

12 By Geography

13 Key Developments

14 Companies Profiling

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About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

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Mr. A Naidu

Research for Markets

Tel: +44 8000-4182-37 (UK)

Email: alan.naidu@researchformarkets.com

 

About Ravi kumar 1815 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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