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(EMAILWIRE.COM, August 31, 2018 ) The Global Business Intelligence market is expected to grow from $15.64 billion in 2016 to reach $29.48 billion by 2022 with a CAGR of 11.1%. Increasing usage of data analytics, raising penetration of cloud technologies, and growing dependency on data in decision making are the factors fuelling the market growth. In addition, increasing adoption of business intelligence in small and medium-sized enterprises is fostering the market growth. On the other hand, high capital investments, limited number of skilled workforce are the restraints limiting the market growth.
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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, and 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. Among the applications, Banking, Financial Services, and Insurance (BFSI) is the largest contributor of the total market revenue in 2015 due to increasing digital financial transactions across the globe. 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
Regions Covered:
North America
Asia Pacific
Rest of the World
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Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Business Intelligence (BI) Market, By Data Type
6 Global Business Intelligence (BI) Market, By Component
7 Global Business Intelligence (BI) Market, By Deployment Model
7.1 Introduction
8 Global Business Intelligence (BI) Market, By Technology
9 Global Business Intelligence (BI) Market, By Application
10 Global Business Intelligence (BI) Market, By Organization Size
11 Global Business Intelligence (BI) Market, By End User
12 Global Business Intelligence (BI) Market, By Geography
13 Key Developments
14 Company Profiling
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Source: EmailWire.Com
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