The global Business Intelligence and Analytics Software market size was valued at US$ 26090 million in 2024 and is forecast to a readjusted size of USD 38450 million by 2031 with a CAGR of 5.8% during review period.
The factors for the Business Intelligence and Analytics Software market include:
1. Increasing Data Availability and Complexity: The rapid growth of digital technologies and the internet has led to an exponential increase in data generation. Organizations have access to vast amounts of data from various sources, including customer data, transaction records, social media, and sensor-generated data. Business Intelligence and Analytics software offer the capabilities to analyze and extract insights from this data, driving the demand for such tools.
2. Rise of Data-Driven Decision Making: Businesses are increasingly realizing the value of data-driven decision-making processes. Business Intelligence and Analytics software enable organizations to collect, analyze, and interpret data to make informed decisions, optimize operations, and gain a competitive edge. The adoption of these software solutions is driven by the need to transition from intuition-based decision-making to data-driven strategies.
3. Increasing Complexity of Business Processes: With the increasing complexity of business processes, traditional methods of data analysis and reporting become insufficient. Business Intelligence and Analytics software provide advanced functionalities that can handle complex data structures, analyze data in real-time, and uncover hidden patterns and trends. This capability is essential for businesses to adapt to the evolving challenges and complexities of today"s markets.
4. Demand for Operational Efficiency: Businesses are constantly seeking ways to improve operational efficiency and optimize resource allocation. Business Intelligence and Analytics software provide insights into key performance indicators, identify bottlenecks, and highlight areas for improvement. These tools enable organizations to streamline processes, reduce costs, and increase productivity, driving the demand for such software solutions.
5. Growing Focus on Customer Experience: Customer-centricity has become a crucial aspect of business success. Business Intelligence and Analytics software facilitate a deep understanding of customer behavior, preferences, and needs by analyzing customer data. This insights-driven approach helps organizations personalize marketing campaigns, enhance customer engagement, and deliver a superior customer experience.
6. Regulatory Compliance and Risk Management: Compliance with regulatory requirements and effective risk management are critical for businesses operating in various industries, such as finance, healthcare, and telecommunications. Business Intelligence and Analytics software can assist organizations in monitoring and auditing processes, identifying potential risks, detecting anomalies, and ensuring compliance. The need for regulatory compliance and risk mitigation drives the adoption of these software solutions.
7. Technological Advancements: Continuous advancements in technology, such as artificial intelligence, machine learning, and natural language processing, have enhanced the capabilities of Business Intelligence and Analytics software. These technologies enable organizations to automate data analysis, generate predictive insights, and gain a deeper understanding of their business operations. Technological advancements drive the market by providing more powerful and efficient software solutions.
8. Affordable Cloud-Based Solutions: The availability of affordable cloud-based Business Intelligence and Analytics software has democratized access to these tools. Small and medium-sized enterprises (SMEs) can now leverage advanced analytics capabilities without substantial upfront costs or the need for extensive IT infrastructure. The accessibility and cost-effectiveness of cloud-based solutions have fueled the adoption of Business Intelligence and Analytics software across organizations of all sizes.
Overall, the driving factors for the Business Intelligence and Analytics Software market include the increasing availability and complexity of data, the rise of data-driven decision making, the need for operational efficiency, the growing focus on customer experience, regulatory compliance and risk management, technological advancements, and the affordability of cloud-based solutions. These factors collectively contribute to the growth and adoption of Business Intelligence and Analytics software in various industries.
This report is a detailed and comprehensive analysis for global Business Intelligence and Analytics Software market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Business Intelligence and Analytics Software market size and forecasts, in consumption value ($ Million), 2020-2031
Global Business Intelligence and Analytics Software market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Business Intelligence and Analytics Software market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Business Intelligence and Analytics Software market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Business Intelligence and Analytics Software
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Business Intelligence and Analytics Software market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TIBCO Software, MicroStrategy, Tableau Software, OpenText, IBM, Oracle, Microsoft, SAP, SAS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Business Intelligence and Analytics Software market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Content Analytics
Professional ServicesManaged Services
Others
Market segment by Application
Healthcare
BFSI
Media and entertainment
Energy and Power
Others
Market segment by players, this report covers
TIBCO Software
MicroStrategy
Tableau Software
OpenText
IBM
Oracle
Microsoft
SAP
SAS
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Business Intelligence and Analytics Software product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Business Intelligence and Analytics Software, with revenue, gross margin, and global market share of Business Intelligence and Analytics Software from 2020 to 2025.
Chapter 3, the Business Intelligence and Analytics Software competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Business Intelligence and Analytics Software market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Business Intelligence and Analytics Software.
Chapter 13, to describe Business Intelligence and Analytics Software research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Business Intelligence and Analytics Software by Type
1.3.1 Overview: Global Business Intelligence and Analytics Software Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Business Intelligence and Analytics Software Consumption Value Market Share by Type in 2024
1.3.3 Content Analytics
1.3.4 Professional ServicesManaged Services
1.3.5 Others
1.4 Global Business Intelligence and Analytics Software Market by Application
1.4.1 Overview: Global Business Intelligence and Analytics Software Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Healthcare
1.4.3 BFSI
1.4.4 Media and entertainment
1.4.5 Energy and Power
1.4.6 Others
1.5 Global Business Intelligence and Analytics Software Market Size & Forecast
1.6 Global Business Intelligence and Analytics Software Market Size and Forecast by Region
1.6.1 Global Business Intelligence and Analytics Software Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Business Intelligence and Analytics Software Market Size by Region, (2020-2031)
1.6.3 North America Business Intelligence and Analytics Software Market Size and Prospect (2020-2031)
1.6.4 Europe Business Intelligence and Analytics Software Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Business Intelligence and Analytics Software Market Size and Prospect (2020-2031)
1.6.6 South America Business Intelligence and Analytics Software Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Business Intelligence and Analytics Software Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 TIBCO Software
2.1.1 TIBCO Software Details
2.1.2 TIBCO Software Major Business
2.1.3 TIBCO Software Business Intelligence and Analytics Software Product and Solutions
2.1.4 TIBCO Software Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 TIBCO Software Recent Developments and Future Plans
2.2 MicroStrategy
2.2.1 MicroStrategy Details
2.2.2 MicroStrategy Major Business
2.2.3 MicroStrategy Business Intelligence and Analytics Software Product and Solutions
2.2.4 MicroStrategy Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 MicroStrategy Recent Developments and Future Plans
2.3 Tableau Software
2.3.1 Tableau Software Details
2.3.2 Tableau Software Major Business
2.3.3 Tableau Software Business Intelligence and Analytics Software Product and Solutions
2.3.4 Tableau Software Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Tableau Software Recent Developments and Future Plans
2.4 OpenText
2.4.1 OpenText Details
2.4.2 OpenText Major Business
2.4.3 OpenText Business Intelligence and Analytics Software Product and Solutions
2.4.4 OpenText Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 OpenText Recent Developments and Future Plans
2.5 IBM
2.5.1 IBM Details
2.5.2 IBM Major Business
2.5.3 IBM Business Intelligence and Analytics Software Product and Solutions
2.5.4 IBM Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 IBM Recent Developments and Future Plans
2.6 Oracle
2.6.1 Oracle Details
2.6.2 Oracle Major Business
2.6.3 Oracle Business Intelligence and Analytics Software Product and Solutions
2.6.4 Oracle Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Oracle Recent Developments and Future Plans
2.7 Microsoft
2.7.1 Microsoft Details
2.7.2 Microsoft Major Business
2.7.3 Microsoft Business Intelligence and Analytics Software Product and Solutions
2.7.4 Microsoft Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Microsoft Recent Developments and Future Plans
2.8 SAP
2.8.1 SAP Details
2.8.2 SAP Major Business
2.8.3 SAP Business Intelligence and Analytics Software Product and Solutions
2.8.4 SAP Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 SAP Recent Developments and Future Plans
2.9 SAS
2.9.1 SAS Details
2.9.2 SAS Major Business
2.9.3 SAS Business Intelligence and Analytics Software Product and Solutions
2.9.4 SAS Business Intelligence and Analytics Software Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 SAS Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Business Intelligence and Analytics Software Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Business Intelligence and Analytics Software by Company Revenue
3.2.2 Top 3 Business Intelligence and Analytics Software Players Market Share in 2024
3.2.3 Top 6 Business Intelligence and Analytics Software Players Market Share in 2024
3.3 Business Intelligence and Analytics Software Market: Overall Company Footprint Analysis
3.3.1 Business Intelligence and Analytics Software Market: Region Footprint
3.3.2 Business Intelligence and Analytics Software Market: Company Product Type Footprint
3.3.3 Business Intelligence and Analytics Software Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Business Intelligence and Analytics Software Consumption Value and Market Share by Type (2020-2025)
4.2 Global Business Intelligence and Analytics Software Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Business Intelligence and Analytics Software Consumption Value Market Share by Application (2020-2025)
5.2 Global Business Intelligence and Analytics Software Market Forecast by Application (2026-2031)
6 North America
6.1 North America Business Intelligence and Analytics Software Consumption Value by Type (2020-2031)
6.2 North America Business Intelligence and Analytics Software Market Size by Application (2020-2031)
6.3 North America Business Intelligence and Analytics Software Market Size by Country
6.3.1 North America Business Intelligence and Analytics Software Consumption Value by Country (2020-2031)
6.3.2 United States Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
6.3.3 Canada Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
6.3.4 Mexico Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Business Intelligence and Analytics Software Consumption Value by Type (2020-2031)
7.2 Europe Business Intelligence and Analytics Software Consumption Value by Application (2020-2031)
7.3 Europe Business Intelligence and Analytics Software Market Size by Country
7.3.1 Europe Business Intelligence and Analytics Software Consumption Value by Country (2020-2031)
7.3.2 Germany Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
7.3.3 France Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
7.3.5 Russia Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
7.3.6 Italy Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Business Intelligence and Analytics Software Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Business Intelligence and Analytics Software Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Business Intelligence and Analytics Software Market Size by Region
8.3.1 Asia-Pacific Business Intelligence and Analytics Software Consumption Value by Region (2020-2031)
8.3.2 China Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
8.3.3 Japan Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
8.3.4 South Korea Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
8.3.5 India Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
8.3.7 Australia Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
9 South America
9.1 South America Business Intelligence and Analytics Software Consumption Value by Type (2020-2031)
9.2 South America Business Intelligence and Analytics Software Consumption Value by Application (2020-2031)
9.3 South America Business Intelligence and Analytics Software Market Size by Country
9.3.1 South America Business Intelligence and Analytics Software Consumption Value by Country (2020-2031)
9.3.2 Brazil Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
9.3.3 Argentina Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Business Intelligence and Analytics Software Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Business Intelligence and Analytics Software Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Business Intelligence and Analytics Software Market Size by Country
10.3.1 Middle East & Africa Business Intelligence and Analytics Software Consumption Value by Country (2020-2031)
10.3.2 Turkey Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
10.3.4 UAE Business Intelligence and Analytics Software Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Business Intelligence and Analytics Software Market Drivers
11.2 Business Intelligence and Analytics Software Market Restraints
11.3 Business Intelligence and Analytics Software Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Business Intelligence and Analytics Software Industry Chain
12.2 Business Intelligence and Analytics Software Upstream Analysis
12.3 Business Intelligence and Analytics Software Midstream Analysis
12.4 Business Intelligence and Analytics Software Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
TIBCO Software
MicroStrategy
Tableau Software
OpenText
IBM
Oracle
Microsoft
SAP
SAS
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*If Applicable.