The "Global Business Intelligence Market Size By Organization Size, By Deployment Mode, By Business Function, By Vertical, By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Business Intelligence Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Sept. 29, 2023 /PRNewswire/ -- The Global Business Intelligence Market is projected to grow at a CAGR of 27% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 35.21 Billion in 2020 and is expected to reach USD 224.2 Billion by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=24641
Browse in-depth TOC on "Business Intelligence Market"
202 - Pages
126 – Tables
37 – Figures
Business Intelligence Market: Uncovering Insights for Strategic Business Decisions
The global Business Intelligence Market is poised for substantial growth, driven by the increasing demand for advanced data visualization, real-time analytics, and the proliferation of Internet of Things (IoT) technology. According to the latest market research report, the BI market is set to witness remarkable expansion due to these key drivers and technological advancements.
Business Intelligence Market Drivers:
The primary impetus behind the BI market surge is the escalating need for intuitive dashboards enhancing data perception and informed decision-making. Technological innovations, including in-database analytics, in-memory analytics, and real-time analytics, are shaping the market landscape. Additionally, the rapid growth of IoT devices generating real-time data and the rising popularity of social media platforms and e-commerce further accelerate market growth.
Business Intelligence Market Outlook:
The market presents unprecedented opportunities for businesses aiming to leverage data-driven insights. With advancements in cloud computing and big data analytics, businesses can now analyze vast datasets, providing meaningful insights and possibilities. As organizations continue to recognize the value of data-driven strategies, the Business Intelligence Market is poised for sustained growth and innovation.
Business Intelligence Market Opportunities And Challenges:
- Increasing demand for intuitive and interactive data visualization tools.
- Advancements in cloud computing and big data technology enhancing BI capabilities.
- Growing adoption of BI solutions for social media data analysis and e-commerce platforms.
- While the BI market offers immense potential, challenges such as data security concerns, scarcity of skilled professionals, and integration complexities with various analytics software persist. Overcoming these hurdles is crucial for realizing the full potential of BI solutions.
Business Intelligence Market Key Players:
Leading companies in the BI market, such as IBM, Oracle, Microsoft, SAP, SAS, Google, AWS, Salesforce, MicroStrategy, and Teradata, are at the forefront of innovation, developing cutting-edge solutions to meet the evolving demands of businesses globally. These companies are instrumental in shaping the market landscape, driving technological advancements, and providing valuable services to clients across industries.
As businesses increasingly embrace data-driven decision-making, the Business Intelligence Market is set to play a pivotal role in shaping the future of industries worldwide. For more information about the latest trends, insights, and market analysis, please refer to the comprehensive Business Intelligence market research report.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Business Intelligence Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Business Intelligence Market into Organization Size, Deployment Mode, Business Function, Vertical, And Geography.
- Business Intelligence Market, by Organization Size
- Large Enterprises
- Small and Medium-Sized Enterprises (SMEs)
- Business Intelligence Market, by Deployment Mode
- Cloud
- On-Premises
- Business Intelligence Market, by Business Function
- Human Resource
- Finance
- Operations
- Sales and Marketing
- Business Intelligence Market, by Vertical
- Retail
- Manufacturing
- Government and Public Services
- Media and Entertainment
- Transportation and Logistics
- BFSI
- Telecom and IT
- Healthcare and Life Sciences
- Tourism and Hospitality
- Others
- Business Intelligence Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
Browse Related Reports:
Data Visualization Tools Market By Tool (Standalone and Integrated), By Organization Size (Large Enterprises and Small & Medium Enterprises), By Deployment Mode (On-Premise & Cloud), By Vertical (Transportations and Logistics, Telecommunications and IT, Manufacturing, Retail and E-Commerce & Others), By Business Function (Human Resources, Marketing, Finance & Operations), By Geography, And Forecast
Business Intelligence and Analytics Market By End Use (Medical, Aerospace And Defense, Automotive), By Geography, And Forecast
Task Management Software Market By Business Function (Marketing, Human Resources), By Component (Software, Services), By Organization Size (Small And Medium-Sized Enterprises (SMEs), Large Enterprises), By Deployment Type (On-Premises, Cloud), By Industry Vertical (Healthcare, IT And Telecom), By Geography, And Forecast
Business Intelligence (BI) Tools Market By Product (Basic(Under $1000/Month), Standard($1000-5000/Month), Senior($5000+/Month)), By Application (Large Enterprises(1000+ Users), Medium-Sized Enterprise (499-1000 Users), Small Enterprises (1-499 Users)), By Geography, And Forecast
Best Business Process Automation Software revitalizing business operations
Visualize Business Intelligence Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
SOURCE Verified Market Research
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO25278&Transmission_Id=202309291015PR_NEWS_USPR_____IO25278&DateId=20230929)
Share this article