Business Intelligence and Analytics Platforms, 2022-2027, Worldwide

 Business Intelligence (BI) encompasses both procedural and technical frameworks designed to amass, store, and scrutinize the data stemming from an organization's activities. It encompasses processes such as process analysis, data mining, descriptive examination, and performance benchmarking. The demand for BI solutions has surged as businesses increasingly prioritize strategic decision-making, data-driven insights, rapid and accurate reporting, and heightened productivity.

Key Inquiries Addressed by this Study:

  • What is the current rate of expansion in the Business Intelligence and Analytics market?
  • What are the primary factors driving or inhibiting the global Business Intelligence and Analytics market?
  • Which sectors present the most substantial growth prospects in the foreseeable future?
  • Which global regions are poised to offer the greatest growth opportunities in the realm of Business Intelligence and Analytics?
  • Which customer segments display the highest growth potential for adopting Business Intelligence and Analytics solutions?
  • Among the various deployment options for Business Intelligence and Analytics solutions, which ones are projected to experience accelerated growth over the next five years?

Strategic Market Orientation:

The BI market is categorized by its components into solutions and services. The focal solutions encompass BI platforms, CPM (Corporate Performance Management) suites, and analytical applications. In terms of services, there are consulting, deployment and integration, support, and maintenance. Solutions take the lead in market share due to the burgeoning demand for analytical BI solutions.

Analytics and Business Intelligence Platforms (ABI) empower individuals with limited technical prowess to model, explore, analyze, and oversee data using advanced Information Technology (IT) and Artificial Intelligence (AI) tools. Corporate Performance Management (CPM) suites are projected to exhibit swift Compound Annual Growth Rates (CAGR) during the forecast period. Various sectors, including BFSI (Banking, Financial Services, and Insurance), IT, telecommunications, retail, consumer goods, manufacturing, and healthcare, are adopting BI systems. The IT and telecommunications sector witnessed the most substantial revenue share surge in 2022. By comprehending their clientele and making judicious decisions, telecommunication companies can enhance pricing strategies, target marketing endeavors, and advance product development through BI. The benefits of BI for telecommunications span network optimization, enhanced operational efficiency, and elevated customer satisfaction. The IT and telecommunications industry increasingly recognizes the indispensability of BI applications.

Forecasts predict that the BFSI sector will encounter the swiftest market growth throughout the projection period.

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Table of Content:

Chapter 01: Research Summary

  • 2023 Market Outlook: Top Research Findings and Key Takeaways
  • Top predictions

Chapter 02: Market Overview

  • Market Definition and Scope
  • Revenue Type
  • Geographical Regions
  • Industry Verticals

Chapter 03: Market Forecast Analysis

  • Market Accelerators and Market Restraints
  • Market Forecast by Total Market
  • Market Forecast by Deployment Type
    • Cloud
    • On-Premises
  • Market Forecast by Geographical Regions
    • Canada
    • Central & Eastern Europe
    • Japan
    • Latin America
    • Middle East & Africa
    • USA
    • Western Europe
    • Asia Ex-Japan China (AxJC)
    • China
  • Market Forecast by Industry Verticals
    • Banking and Financial Services
    • Electronics & Telecom
    • Retail and eCommerce
    • Professional Services
    • Healthcare and Life Sciences
    • Manufacturing
    • Media & Entertainment
    • Government and Public Sectors
    • Education
    • Energy & Utility Others
    • Others
  • Market Forecast by Customer Types
    • SMB
    • Large
    • Enterprise

Chapter 04: Analyst Recommendations

  • Analyst Recommendations

Chapter 05: Appendix

  • Research Methodologies

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