PUBLISHER: QKS Group | PRODUCT CODE: 1593764
PUBLISHER: QKS Group | PRODUCT CODE: 1593764
Market Share and Forecast: Business Intelligence and Analytics Platforms, 2023-2028, Worldwide (Bundle of Two Reports)
This product includes two reports: Market Share and Market Forecast.
Market Share Description:
Quadrant Knowledge Solutions Reveals that Business Intelligence and Analytics Market is Projected to Register a CAGR of 11.40% by 2028.
In this fast-paced and data-driven world, organizations are looking to make the best use of data and drive strategic decision-making. To support this critical discipline, Business Intelligence and Analytics (BIA) is gaining importance. BIA empowers organizations to unlock the true potential of their data, transforming raw information into actionable insights that pave the way for a competitive advantage in the market. Business intelligence harnesses advanced tools, technologies, and procedures to gather, unify, and analyse data. This entails transforming vast amounts of data into meaningful and valuable insights presented through visual representations, enabling stakeholders to make informed decisions that enhance organizational processes. BI encompasses data integration, data warehousing, data management, data modelling, reporting, and visualization, utilizing statistical analysis, predictive modelling, and other techniques. This combination of technologies empowers users to move beyond descriptive modelling and engage in prescriptive and predictive modelling. Furthermore, organizations can leverage statistical algorithms and machine learning (ML) algorithms to uncover patterns, trends, and correlations in the data, facilitating informed decision-making and operational optimization.
Quadrant Knowledge Solutions defines Business Intelligence and Analytics as "Business Intelligence and analytics (BIA) leverages historical and current data to reveal insights through intuitive visuals, enabling data-driven decision making. A comprehensive BIA platform integrates business analytics, data mining, data visualization tools, and best practices to drive analysis and uncover valuable insights. BIA solutions enhance analytics with features such as flexible self-service analytics to independently explore data, automated insights to derive conclusions, natural language queries to interact with visuals using any language, and pattern identification to detect trends and anomalies offering valuable context for decision-making. BIA solutions utilize data visualization, storytelling, and dashboarding for a comprehensive understanding of customer behaviour, operational efficiency, user reviews, and risk management to facilitate clear communication and detailed analysis of business performance. BIA solutions enable critical use cases such as real-time campaign tracking, KPI analysis, supply chain optimization, buyer profiling, demand forecasting, and targeted content promotion. Leveraging BIA empowers organizations to make strategic decisions and achieve their business objectives through data-driven insights."
The adoption of emerging technologies is driving the expansion of business intelligence, empowering organizations to streamline decision-making processes through intuitive graph-based visualizations. This leads to enhanced customer experiences and proactive risk mitigation. Prominent trends in the field of BIA include the emergence of cloud-based BI solutions, self-service BI capabilities, augmented analytics & automation, embeddable data storytelling, natural language insights, data governance, mobile analytics, and more. The competitive landscape within the BIA market has intensified as smaller vendors have embraced these technological advancements, resulting in increased competition across industries and sectors. Consequently, current BIA providers support a wide range of use cases, including data reporting, online analytical processing, development of user-friendly dashboards, complex event processing, business performance management, benchmarking, predictive analytics, prescriptive analytics, data visualization, and other related applications. Moreover, the inclusion of no-code/low-code functionality has gained significant importance to attract a diverse range of use cases and customers.
Market Forecast Description:
Quadrant Knowledge Solutions Reveals that Business Intelligence and Analytics Platform Projected to Register a CAGR of 11.40% by 2028.
The global Business Intelligence and Analytics market size to record a CAGR of 9.1% from 2023 to 2030, it is expected to grow from USD 27.11 billion in 2022 to USD 54.27 billion by 2028. Business Intelligence (BI) is a procedural and technical architecture that collects, saves, and analyses the data produced by an organization's operations. Process analysis, data mining, descriptive analysis, and performance benchmarking are all included in BI. The need for BI solutions in the market has increased due to businesses' growing emphasis on strategic decision-making, insightful data, quick and accurate reporting, and increased productivity.
Market Share Table of Content:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers
- Restraints
Chapter 03: Market Analysis
- Global Business Intelligence and Analytics Platforms Market Share Analysis
Chapter 04: Market Share Analysis
- Market Share by Region
- Market Share Worldwide
- Market Share USA
- Market Share Canada
- Market Share Latin America
- Market Share Western Europe
- Market Share Central & Eastern Europe
- Market Share Middle East & Africa
- Market Share China
- Market Share APAC Ex Japan & China
- Market Share Japan
- Market Share by Industry Verticals
- Market Share by Media & Entertainment
- Market Share by Retail
- Market Share by BFSI
- Market Share by Travel & Hospitality
- Market Share by Education
- Market Share by Public Sector
- Market Share by Healthcare & Life Science
- Market Share by Automotive
- Market Share by Food & Beverage
- Market Share by Deployment Type
- Market Share by Deployment Type: On-premises
- Market Share by Deployment Type: Cloud
- Market Share by Customer Type
- Market Share by SMB
- Market Share by Large
- Market Share by Enterprise
Chapter 05: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 06: Appendix
- Research Methodologies
Market Forecast Table of Content:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Analysis
- Global BIA Market Forecast Analysis
Chapter 04: Market Forecast Analysis
- Market Forecast by Region
- Market Forecast Global
- Market Forecast USA
- Market Forecast Canada
- Market Forecast Latin America
- Market Forecast Western Europe
- Market Forecast Central & Eastern Europe
- Market Forecast Middle East & Africa
- Market Forecast China
- Market Forecast APAC Ex Japan & China
- Market Forecast Japan
- Market Forecast by Industry Verticals
- Market Forecast by Media & Entertainment
- Market Forecast by Retail
- Market Forecast by BFSI
- Market Forecast by Travel & Hospitality
- Market Forecast by Education
- Market Forecast by Public Sector
- Market Forecast by Healthcare & Life Science
- Market Forecast by Automotive
- Market Forecast by Food & Beverage
- Market Forecast by Deployment Type
- Market Forecast by Deployment Type: On prem
- Market Forecast Deployment Type: Cloud
- Market Forecast by Customer Type
- Market Forecast by SMB
- Market Forecast by Large
- Market Forecast by Enterprise
Chapter 05: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 06: Appendix
- Research Methodologies
Market Share List of Figures
- Fig. 1: Market Share of Business Intelligence and Analytics (BIA) Worldwide, 2023
- Fig. 2: Market Share of Business Intelligence and Analytics (BIA) USA, 2023
- Fig. 3: Market Share of Business Intelligence and Analytics (BIA) Canada, 2023
- Fig. 4: Market Share of Business Intelligence and Analytics (BIA) Latin America, 2023
- Fig. 5: Market Share of Business Intelligence and Analytics (BIA) Western Europe, 2023
- Fig. 6: Market Share of Business Intelligence and Analytics (BIA) Central & Eastern Europe, 2023
- Fig. 7: Market Share of Business Intelligence and Analytics (BIA) Middle East & Africa, 2023
- Fig. 8: Market Share of Business Intelligence and Analytics (BIA) Asia excluding Japan and China, 2023
- Fig. 9: Market Share of Business Intelligence and Analytics (BIA) Japan, 2023
- Fig. 10: Market Share of Business Intelligence and Analytics (BIA) China, 2023
- Fig. 11: Market Share of Business Intelligence and Analytics (BIA) IT & Telecom Industry, 2023
- Fig. 12: Market Share of Business Intelligence and Analytics (BIA) Banking & Financial Services Industry, 2023
- Fig. 13: Market Share of Business Intelligence and Analytics (BIA) Insurance Industry, 2023
- Fig. 14: Market Share of Business Intelligence and Analytics (BIA) Healthcare Industry, 2023
- Fig. 15: Market Share of Business Intelligence and Analytics (BIA) Government & Public Sector, 2023
- Fig. 16: Market Share of Business Intelligence and Analytics (BIA) Retail & eCommerce, 2023
- Fig. 17: Market Share of Business Intelligence and Analytics (BIA) Manufacturing, 2023
- Fig. 18: Market Share of Business Intelligence and Analytics (BIA) Hospitality, 2023
- Fig. 19: Market Share of Business Intelligence and Analytics (BIA) On-premises Deployment, 2023
- Fig. 20: Market Share of Business Intelligence and Analytics (BIA) Cloud Deployment, 2023
- Fig. 21: Market Share of Business Intelligence and Analytics (BIA) SMB Customers, 2023
- Fig. 22: Market Share of Business Intelligence and Analytics (BIA) Large Customers, 2023
- Fig. 23: Market Share of Business Intelligence and Analytics (BIA) Enterprise Customers, 2023
Market Forecast List of Figures
- Fig. 1 Market Forecast of Business Intelligence and Analytics (BIA) Worldwide, 2024-2028
- Fig. 2 Market Forecast of Business Intelligence and Analytics (BIA) USA, 2024-2028
- Fig. 3 Market Forecast of Business Intelligence and Analytics (BIA) Canada, 2024-2028
- Fig. 4 Market Forecast of Business Intelligence and Analytics (BIA) Latin America, 2024-2028
- Fig. 5 Market Forecast of Business Intelligence and Analytics (BIA) Western Europe, 2024-2028
- Fig. 6 Market Forecast of Business Intelligence and Analytics (BIA)) Central & Eastern Europe, 2024-2028
- Fig. 7 Market Forecast of Business Intelligence and Analytics (BIA) Middle East & Africa, 2023
- Fig. 8 Market Forecast of Business Intelligence and Analytics (BIA) Asia excluding Japan and China, 2024-2028
- Fig. 9 Market Forecast of Business Intelligence and Analytics (BIA) Japan, 2024-2028
- Fig. 10 Market Forecast of Business Intelligence and Analytics (BIA)) China, 2024-2028
- Fig. 11 Market Forecast of Business Intelligence and Analytics (BIA) IT & Telecom Industry, 2024-2028
- Fig. 12 Market Forecast of Business Intelligence and Analytics (BIA) Banking & Financial Services Industry, 2024-2028
- Fig. 13 Market Forecast of Business Intelligence and Analytics (BIA) Insurance Industry, 2024-2028
- Fig. 14 Market Forecast of Business Intelligence and Analytics (BIA) Healthcare Industry, 2024-2028
- Fig. 15 Market Forecast of Business Intelligence and Analytics (BIA)) Government & Public Sector, 2024-2028
- Fig. 16 Market Forecast of Business Intelligence and Analytics (BIA) Retail & eCommerce, 2024-2028
- Fig. 17 Market Forecast of Business Intelligence and Analytics (BIA) Manufacturing, 2024-2028
- Fig. 18 Market Forecast of Business Intelligence and Analytics (BIA) Hospitality, 2024-2028
- Fig. 19 Market Forecast of Business Intelligence and Analytics (BIA) On-premises Deployment, 2024-2028
- Fig. 20 Market Forecast of Business Intelligence and Analytics (BIA) Cloud Deployment, 2024-2028
- Fig. 21 Market Forecast of Business Intelligence and Analytics (BIA) SMB Customers, 2024-2028
- Fig. 22 Market Forecast of Business Intelligence and Analytics (BIA) Large Customers, 2024-2028
- Fig. 23 Market Forecast of Business Intelligence and Analytics (BIA) Enterprise Customers, 2024-2028
