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Business Intelligence Market

Business Intelligence - Global Market Outlook (2019-2027)

4.6 (37 reviews)
Published: December 2020 ID: SMRC20201
4.6 (37 reviews)
Published: December 2020 ID: SMRC20201

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Business Intelligence Market is accounted for $21.06 billion in 2019 and is expected to reach $44.16 billion by 2027 growing at a CAGR of 9.7% during the forecast period. Some of the key factors propelling the market growth include growing focus on digital transformation, rising investments in analytics, rising demand for dashboards for data visualization, increase in adoption of cloud, and rise in data generation. However, difficult to justify the ROI of business intelligence is restraining the market growth.

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Business intelligence is process which is driven by data analysis and presentation of prosecutable information to help corporate executives to make more expert business decisions. Business intelligence encircled around a wide range of tools, applications and techniques that empower organizations to collect data from both internal and external sources, arrange it for analysis, develop and run queries against the data. The BI accommodates operational data and analytical tool that presents captious information to business users within the organization.

By end user, the banking, financial service, and insurance (BFSI) segment is expected to witness significant growth over the forecast period, owing to the sensitivity of financial data and needs to coordinate with numerous other sectors (stock exchanges, tax authorities, central banks, securities controlling authorities, revenue department, etc.). Improving marketing strategies & customer retention policies, developing new investment strategies, and reducing risks are some of the factors responsible for the adoption of business intelligence by the BFSI vertical.

On the basis of geography, Asia Pacific is expected to emerge as the significant-growing regional market, due to the commercialization of IoT technology and the increasing adoption of advanced technologies in countries such as China, Japan, and India, which are fueling the demand for business intelligence solutions and services. Also, the increasing demand and market for IOT and big data have also provided a more accurate and reliable advantage to the business intelligence market in Asia Pacific region.

Some of the key players in Business Intelligence Market include Cisco Systems Inc., IBM Corporation, Microsoft Corporation, Microstrategy, Inc., Oracle Corporation, Panorama, Pentaho (A Hitachi Company), Qlik Technologies, Rackspace US Inc., SAP SE, SAS Institute Inc., Sisense Inc., Tableau Software, Tibco Software, VMware Inc., and Yellowfin International Pty Ltd.

Deployment Modes Covered:
• Services
• Hardware
• Platforms
• Software
• Solutions

Business Functions Covered:
• Human Resource
• Finance
• Data Analytics
• Online Analytical Processing (OLAP)
• Data Mining
• Process and Text Mining
• Complex Event Processing

Technologies Covered:
• Cloud BI
• Mobile BI
• Social BI
• Traditional BI
• Conventional BI

Organization Sizes Covered:
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises

Data Types Covered:
• Structured Data
• Semi-structured Data
• Unstructured Data

Applications Covered:
• Supply Chain Optimization
• Workforce Management
• Fraud Detection and Security Management
• Network Management and Optimization
• Predictive Asset Maintenance
• Sales and Marketing Management
• Operations Management

End Users Covered:
• Media and Entertainment
• Transportation and Logistics
• Healthcare and Life Sciences
• Tourism and Hospitality
• Retail & Consumer Goods
• Manufacturing
• Banking, Financial service, and Insurance (BFSI)
• Telecom and IT
• Government and Public Services
• Business Consulting & Services
• Automotive
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand   
o South Korea       
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary    
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology   
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions  
     
3 Market Trend Analysis    
 3.1 Introduction   
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities   
 3.5 Threats   
 3.6 Technology Analysis   
 3.7 Application Analysis   
 3.8 End User Analysis   
 3.9 Emerging Markets   
 3.10 Impact of Covid-19   
     
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry   
     
5 Global Business Intelligence Market, By Deployment Mode    
 5.1 Introduction   
 5.2 On-Premises   
 5.3 On-Demand   
     
6 Global Business Intelligence Market, By Component     
 6.1 Introduction   
 6.2 Services   
  6.2.1 Hosted Services  
  6.2.2 Managed Services  
  6.2.3 Professional Services  
   6.2.3.1 Deployment and Integration 
   6.2.3.2 Support and Maintenance 
   6.2.3.3 Consulting Services 
 6.3 Hardware    
 6.4 Platforms   
 6.5 Software   
 6.6 Solutions   
  6.6.1 Reporting and Visualization  
  6.6.2 Query and Analysis  
  6.6.3 Dashboards and Scorecards  
  6.6.4 Data Integration and ETL  
  6.6.5 Predictive Analytics  
     
7 Global Business Intelligence Market, By Business Function    
 7.1 Introduction   
 7.2 Human Resource   
 7.3 Finance   
 7.4 Data Analytics   
 7.5 Online Analytical Processing (OLAP)   
 7.6 Data Mining   
 7.7 Process and Text Mining   
 7.8 Complex Event Processing   
     
8 Global Business Intelligence Market, By Technology    
 8.1 Introduction   
 8.2 Cloud BI   
 8.3 Mobile BI   
 8.4 Social BI   
 8.5 Traditional BI   
 8.6 Conventional BI   
     
9 Global Business Intelligence Market, By Organization Size    
 9.1 Introduction   
 9.2 Small and Medium-sized Enterprises (SMEs)   
 9.3 Large Enterprises   
     
10 Global Business Intelligence Market, By Data Type    
 10.1 Introduction   
 10.2 Structured Data   
 10.3 Semi-structured Data   
 10.4 Unstructured Data   
     
11 Global Business Intelligence Market, By Application    
 11.1 Introduction   
 11.2 Supply Chain Optimization   
 11.3 Workforce Management   
 11.4 Fraud Detection and Security Management   
 11.5 Network Management and Optimization   
 11.6 Predictive Asset Maintenance   
 11.7 Sales and Marketing Management   
 11.8 Operations Management   
     
12 Global Business Intelligence Market, By End User    
 12.1 Introduction   
 12.2 Media and Entertainment   
 12.3 Transportation and Logistics   
 12.4 Healthcare and Life Sciences   
 12.5 Tourism and Hospitality   
 12.6 Retail & Consumer Goods   
 12.7 Manufacturing   
 12.8 Banking, Financial service, and Insurance (BFSI)   
 12.9 Telecom and IT   
 12.10 Government and Public Services   
 12.11 Business Consulting & Services   
 12.12 Automotive   
 12.13 Other End Users   
  12.13.1 Education  
  12.13.2 Real Estate  
  12.13.3 Energy and Power  
     
13 Global Business Intelligence Market, By Geography    
 13.1 Introduction   
 13.2 North America   
  13.2.1 US  
  13.2.2 Canada  
  13.2.3 Mexico  
 13.3 Europe   
  13.3.1 Germany  
  13.3.2 UK  
  13.3.3 Italy  
  13.3.4 France  
  13.3.5 Spain  
  13.3.6 Rest of Europe  
 13.4 Asia Pacific   
  13.4.1 Japan  
  13.4.2 China  
  13.4.3 India  
  13.4.4 Australia  
  13.4.5 New Zealand  
  13.4.6 South Korea  
  13.4.7 Rest of Asia Pacific  
 13.5 South America   
  13.5.1 Argentina  
  13.5.2 Brazil  
  13.5.3 Chile  
  13.5.4 Rest of South America  
 13.6 Middle East & Africa   
  13.6.1 Saudi Arabia  
  13.6.2 UAE  
  13.6.3 Qatar  
  13.6.4 South Africa  
  13.6.5 Rest of Middle East & Africa  
     
14 Key Developments    
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 14.2 Acquisitions & Mergers   
 14.3 New Product Launch   
 14.4 Expansions   
 14.5 Other Key Strategies   
     
15 Company Profiling    
 15.1 Cisco Systems Inc.   
 15.2 IBM Corporation   
 15.3 Microsoft Corporation   
 15.4 Microstrategy, Inc.   
 15.5 Oracle Corporation   
 15.6 Panorama   
 15.7 Pentaho (A Hitachi Company)   
 15.8 Qlik Technologies   
 15.9 Rackspace US Inc.   
 15.10 SAP SE   
 15.11 SAS Institute Inc.   
 15.12 Sisense Inc.   
 15.13 Tableau Software   
 15.14 Tibco Software   
 15.15 VMware Inc.   
 15.16 Yellowfin International Pty Ltd   


List of Tables     
1 Global Business Intelligence Market Outlook, By Region (2018-2027) ($MN)    
2 Global Business Intelligence Market Outlook, By Deployment Mode (2018-2027) ($MN)    
3 Global Business Intelligence Market Outlook, By On-Premises (2018-2027) ($MN)    
4 Global Business Intelligence Market Outlook, By On-Demand (2018-2027) ($MN)    
5 Global Business Intelligence Market Outlook, By Component (2018-2027) ($MN)    
6 Global Business Intelligence Market Outlook, By Services (2018-2027) ($MN)    
7 Global Business Intelligence Market Outlook, By Hosted Services (2018-2027) ($MN)    
8 Global Business Intelligence Market Outlook, By Managed Services (2018-2027) ($MN)    
9 Global Business Intelligence Market Outlook, By Professional Services (2018-2027) ($MN)    
10 Global Business Intelligence Market Outlook, By Hardware (2018-2027) ($MN)    
11 Global Business Intelligence Market Outlook, By Platforms (2018-2027) ($MN)    
12 Global Business Intelligence Market Outlook, By Software (2018-2027) ($MN)    
13 Global Business Intelligence Market Outlook, By Solutions (2018-2027) ($MN)    
14 Global Business Intelligence Market Outlook, By Reporting and Visualization (2018-2027) ($MN)    
15 Global Business Intelligence Market Outlook, By Query and Analysis (2018-2027) ($MN)    
16 Global Business Intelligence Market Outlook, By Dashboards and Scorecards (2018-2027) ($MN)    
17 Global Business Intelligence Market Outlook, By Data Integration and ETL (2018-2027) ($MN)    
18 Global Business Intelligence Market Outlook, By Predictive Analytics (2018-2027) ($MN)    
19 Global Business Intelligence Market Outlook, By Business Function (2018-2027) ($MN)    
20 Global Business Intelligence Market Outlook, By Human Resource (2018-2027) ($MN)    
21 Global Business Intelligence Market Outlook, By Finance (2018-2027) ($MN)    
22 Global Business Intelligence Market Outlook, By Data Analytics (2018-2027) ($MN)    
23 Global Business Intelligence Market Outlook, By Online Analytical Processing (OLAP) (2018-2027) ($MN)    
24 Global Business Intelligence Market Outlook, By Data Mining (2018-2027) ($MN)    
25 Global Business Intelligence Market Outlook, By Process and Text Mining (2018-2027) ($MN)    
26 Global Business Intelligence Market Outlook, By Complex Event Processing (2018-2027) ($MN)    
27 Global Business Intelligence Market Outlook, By Technology (2018-2027) ($MN)    
28 Global Business Intelligence Market Outlook, By Cloud BI (2018-2027) ($MN)    
29 Global Business Intelligence Market Outlook, By Mobile BI (2018-2027) ($MN)    
30 Global Business Intelligence Market Outlook, By Social BI (2018-2027) ($MN)    
31 Global Business Intelligence Market Outlook, By Traditional BI (2018-2027) ($MN)    
32 Global Business Intelligence Market Outlook, By Conventional BI (2018-2027) ($MN)    
33 Global Business Intelligence Market Outlook, By Organization Size (2018-2027) ($MN)    
34 Global Business Intelligence Market Outlook, By Small and Medium-sized Enterprises (SMEs) (2018-2027) ($MN)    
35 Global Business Intelligence Market Outlook, By Large Enterprises (2018-2027) ($MN)    
36 Global Business Intelligence Market Outlook, By Data Type (2018-2027) ($MN)    
37 Global Business Intelligence Market Outlook, By Structured Data (2018-2027) ($MN)    
38 Global Business Intelligence Market Outlook, By Semi-structured Data (2018-2027) ($MN)    
39 Global Business Intelligence Market Outlook, By Unstructured Data (2018-2027) ($MN)    
40 Global Business Intelligence Market Outlook, By Application (2018-2027) ($MN)    
41 Global Business Intelligence Market Outlook, By Supply Chain Optimization (2018-2027) ($MN)    
42 Global Business Intelligence Market Outlook, By Workforce Management (2018-2027) ($MN)    
43 Global Business Intelligence Market Outlook, By Fraud Detection and Security Management (2018-2027) ($MN)    
44 Global Business Intelligence Market Outlook, By Network Management and Optimization (2018-2027) ($MN)    
45 Global Business Intelligence Market Outlook, By Predictive Asset Maintenance (2018-2027) ($MN)    
46 Global Business Intelligence Market Outlook, By Sales and Marketing Management (2018-2027) ($MN)    
47 Global Business Intelligence Market Outlook, By Operations Management (2018-2027) ($MN)    
48 Global Business Intelligence Market Outlook, By End User (2018-2027) ($MN)    
49 Global Business Intelligence Market Outlook, By Media and Entertainment (2018-2027) ($MN)    
50 Global Business Intelligence Market Outlook, By Transportation and Logistics (2018-2027) ($MN)    
51 Global Business Intelligence Market Outlook, By Healthcare and Life Sciences (2018-2027) ($MN)    
52 Global Business Intelligence Market Outlook, By Tourism and Hospitality (2018-2027) ($MN)    
53 Global Business Intelligence Market Outlook, By Retail & Consumer Goods (2018-2027) ($MN)    
54 Global Business Intelligence Market Outlook, By Manufacturing (2018-2027) ($MN)    
55 Global Business Intelligence Market Outlook, By Banking, Financial service, and Insurance (BFSI) (2018-2027) ($MN)    
56 Global Business Intelligence Market Outlook, By Telecom and IT (2018-2027) ($MN)    
57 Global Business Intelligence Market Outlook, By Government and Public Services (2018-2027) ($MN)    
58 Global Business Intelligence Market Outlook, By Business Consulting & Services (2018-2027) ($MN)    
59 Global Business Intelligence Market Outlook, By Automotive (2018-2027) ($MN)    
60 Global Business Intelligence Market Outlook, By Other End Users (2018-2027) ($MN)    
61 Global Business Intelligence Market Outlook, By Education (2018-2027) ($MN)    
62 Global Business Intelligence Market Outlook, By Real Estate (2018-2027) ($MN)    
63 Global Business Intelligence Market Outlook, By Energy and Power (2018-2027) ($MN)    
     
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above. 

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