Business Intelligence and Analytics Market: A Look at the Industry's Growth and Future Prospects

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.

Emergen Research has published a novel research report titled, “Global Business Intelligence and Analytics Market Forecast to 2027”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Business Intelligence and Analytics Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

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The global business intelligence and analytics market is forecast to reach USD 60.49 Billion by 2027. 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.

Furthermore, increasing adoption of search-driven analytics to prepare reports will propel revenue growth of the global business intelligence and analytics market growth to a significant extent in the near future. Search-driven analytics is a paradigm to build charts and reports using web search style; also, it can incorporate natural language processing.

Competitive terrain:

The global Business Intelligence and Analytics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Key Companies Profiled in the Report: 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.

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Segmental Analysis

The global Business Intelligence and Analytics market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Business Intelligence and Analytics sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the global business intelligence and analytics market on the basis of process type, data delivery, application, end-use, and region.

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
    • Email
    • 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
      • IT management
        • App analytics
        • Web analytics
        • Security management
      • Sales Marketing
        • Customer behavior analysis
        • Campaign management
        • CRM
        • Targeted marketing
        • Inventory management
      • Human resource
        • Talent management
        • HR analytics
      • Supply chain Logistics
        • Shipping inventory control
        • Supplier vendor management
      • Sports and games analytics

End-use Outlook (Revenue, USD Billion; 2020–2027)

    • Education
    • Healthcare
    • Manufacturing
    • Telecommunication
    • Information Technology
    • Retail
    • Entertainment
    • Government
    • Energy Power
    • Financial Services
    • Others

Key reasons to buy the Global Business Intelligence and Analytics Market report:

The latest report comprehensively studies the global Business Intelligence and Analytics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@https://www.emergenresearch.com/industry-report/business-intelligence-and-analytics-market

Regional Analysis Covers:

North America (US, Canada)

Europe (UK, Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)

Research Report on the Business Intelligence and Analytics Market Addresses the Following Key Questions:

Who are the dominant players of the Business Intelligence and Analytics market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Business Intelligence and Analytics market?

What are the key growth drivers and restraining factors of the Business Intelligence and Analytics market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Business Intelligence and Analytics market and its key segments?

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Thank you for reading our report. For further queries, please connect with us, and our team will provide you with the report best suited to your requirements.

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