Business Intelligence and Analytics Market Size Worth USD 60.49 Billion by 2027, Market Trends – Rise in adoption of search-driven analytics to generate analysis reports

February 24 18:28 2021
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

The Global Business Intelligence and Analytics Market Report offers extensive knowledge and information about the Business Intelligence and Analytics market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Business Intelligence and Analytics market further validated and verified by the industry experts and professionals.

business intelligence and analytics market is forecast to reach USD 60.49 Billion by 2027, according to a current analysis by Emergen Research. 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.

The Global Business Intelligence and Analytics Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Business Intelligence and Analytics market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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In May 2020, GoodData Corporation announced investment and strategic alliance with Visa Inc. The partnership will strengthen Visa’s focus towards offering access to knowledge and analysis to support Visa customers to understand the impact and efficiency of crucial decision-making. The partnership will also enable GoodData to enhance emphasis on interactive self-service analytics, user interfaces, data visualizations, and extend customer service to handle complicated data governance, cybersecurity, and privacy issues.

The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

Key Players Profiled in the Report are:

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.

Furthermore, the report provides a comprehensive overview of the Business Intelligence and Analytics market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/business-intelligence-and-analytics-market

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Business Intelligence and Analytics market expected to boost the growth of the industry in the coming years.

  • 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 Questions Answered in the Report:

What is the growth rate of the Business Intelligence and Analytics market? What is the anticipated market valuation of Business Intelligence and Analytics industry by 2027?

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

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Business Intelligence and Analytics industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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