According to the report published by IndustryARC titled “Business Intelligence Market – Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2019 – 2025,” the market is expected to reach $30.91 billion by 2025.
According to a recent study from IndustryARC, the Business Intelligence market is forecast to reach $30.91 billion by 2025 and is estimated to grow at a CAGR of 8.3% during the forecast period 2019-2025. The growth of the Business Intelligence market can be attributed to the rise of advanced applications in the manufacturing sector.
The market for Business Intelligence is all set to exhibit robust development with a broad range of applications introduced in the manufacturing industry. The manufacturing industry is predicted to account for more than 12.5% of the worldwide demand for Business Intelligence solutions by 2025. With the growth of IoT, the data generated and the requirement for business intelligence solutions are further expected to increase. The growing emphasis towards the use of business intelligence solutions which helps organizations or manufacturers in making improved business decision skills with accurate and absolute analysis.
View Full Table of Contents of Business Intelligence Market:
North America was the largest region for Business Intelligence across the globe with revenue of $5.98 billion in 2018. In the Americas, the demand for this market has grown tremendously especially in manufacturing due to the technological advancements and early adoption of business intelligence solutions. North America is the leading player in the development and implementation of new technologies such as AI (Artificial Intelligence). The implementation of new technologies is driven by the requirement of tracking data patterns to track the performance of the business and take strategically informed decisions. The APAC region is expected to be the fastest growing region as it includes many manufacturing industries that will help increase the demand for the business intelligence market during the forecast period. The integration of information and rapid changes in the business environment for better performance management are some of the key driving factors for the growth of the market.
The Major Players in this Market Include
TIBCO Software Inc
Yellowfin International Pty Ltd
Business Intelligence vendors have utilized mergers and acquisitions as well as product launches as a strategy and enhanced core competencies through additions to product portfolio to gain a foothold in the emerging markets. The end-user industries covered in the Business Intelligence Market report include:
Telecommunications & It
Retail & Consumer Goods
Healthcare & Life Sciences
Government & Defense
Energy & Utilities
Transportation & Logistics
Media & Entertainment
The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. The competitive landscape for each of the product types is highlighted and market players are profiled.
What can you expect from the report?
The Business Intelligence Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Business Intelligence Market Size by Product Categories & Application
2. Business Intelligence Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Business Intelligence Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. Business Intelligence Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Business Intelligence Market Strategic Analysis
18. Business Intelligence Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Business Intelligence Market Revenue and Volume Analysis
Mr. Venkat Reddy
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.