With the advent of Big data and the growing necessity to make precise decisions within a compressed period of time, Business Intelligence (BI) and Analytics has gained spotlight in the last decade. Market research suggests that this trend will steadily rise with time, development of technology and growing investments. BI encompasses all the aspects of market intelligence and analytics which helps transform raw data into relevant meaningful information for more efficient and precise decision making and strategy planning. The scope of BI is vast and can have a positive impact on each hierarchy and unit of the organization. BI Technologies primarily provides qualitative and quantitative insight into the past, present and the future operations of an organization.
The execution of efficient business intelligence can substantially improve financial performance, maximize utilization of resources and reduce the risk of making inconsistent and incorrect decisions.
Although IB technologies started in the early 1990s was mostly popular in North America, it has slowly revolutionized the field of business strategy and management and penetrated all over the world. Asia-Pacific, including Australia, New Zealand and China, has made significant leaps in the development and application of this technology.
In 2018, the global Business Intelligence Tools market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Business Intelligence Tools status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Business Intelligence Tools development in United States, Europe and China.
The key players covered in this study
Lexalytics
Sysomos
Lingumatics
Abzooba (Xpresso)
General Sentiment, Inc.
Medalla
Tableau Software
Actuate Corporation
Oracle
CloudAnalytics
Good Data
Qlik Technologies
IBM
SAP
Tibco
SAS
Market segment by Type, the product can be split into
Traditional BI
Cloud BI
Mobile BI
Social BI
Market segment by Application, split into
Reporting
Data Mining
Data analytics
OLAP
Process and Text mining
CPM
DSS
Complex event processing
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Business Intelligence Tools status, future forecast, growth opportunity, key market and key players.
To present the Business Intelligence Tools development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Business Intelligence Tools are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Business Intelligence Tools . Industry analysis & Market Report on Business Intelligence Tools is a syndicated market report, published as Global Business Intelligence Tools Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Business Intelligence Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.