Quadrant Knowledge Solutions Reveals that Business Intelligence and Analytics Platform Projected to Register a CAGR of 11.40% by 2030.
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 2030. 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.
Key questions this study will answer:
- At what pace is the Business Intelligence and Analytics (BIA) market growing?
- What are the key market accelerators and market restraints impacting the global Business Intelligence and Analytics (BIA) market?
- Which industries offer maximum growth opportunities during the forecast period?
- Which global region expects maximum growth opportunities in the Business Intelligence and Analytics (BIA) market?
- Which customer segments have the maximum growth potential for the Business Intelligence and Analytics (BIA) solution?
- Which deployment options of Business Intelligence and Analytics (BIA) solutions are expected to grow faster in the next 5 years?
Strategic Market Direction:
The BI market is segmented into solutions and services in terms of component. The three main solutions that are taken into consideration are BI platforms, CPM suites, and analytical apps. Consulting, deployment and integration, support, and maintenance are the types of services. The highest market share is held by solutions due to the rising demand for analytical BI solutions. Platforms for Analytics and Business Intelligence (ABI) make it possible for people with less technical expertise to model, explore, analyze, and manage data with the aid of advanced IT and Artificial Intelligence (AI). Suites for Corporate Performance Management (CPM) are anticipated to expand at a rapid CAGR during the forecast period. BFSI, IT and telecommunication, retail and consumer goods, manufacturing, healthcare, and others are the end-use industries implementing BI systems. IT and telecommunications witnessed the greatest increase in revenue share in 2022. Based on a thorough understanding of their customers and wise decision-making, telcos may improve their pricing strategies, target marketing initiatives, and progress goods due to BI. Network optimization, improved operational effectiveness, and higher customer satisfaction are all benefits of BI in telecommunications. BI applications are becoming more necessary in the IT and telecommunications industry. During the projection period, BFSI is expected to experience the fastest market growth.
Vendors Covered:
AnswerRocket, Amazon Web Services, Domo, GoodData, Google, IBM, Microsoft, MicroStrategy, Oracle, Pyramid Analytics, Qlik, Salesforce (Tableau), SAP, SAS, Sisense, Tellius, ThoughtSpot, TIBCO Software, Yellowfin, and Zoho.
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
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
List of Figures
- Fig. 1 Market Forecast of Business Intelligence and Analytics (BIA) Worldwide, 2026-2030
- Fig. 2 Market Forecast of Business Intelligence and Analytics (BIA) USA, 2026-2030
- Fig. 3 Market Forecast of Business Intelligence and Analytics (BIA) Canada, 2026-2030
- Fig. 4 Market Forecast of Business Intelligence and Analytics (BIA) Latin America, 2026-2030
- Fig. 5 Market Forecast of Business Intelligence and Analytics (BIA) Western Europe, 2026-2030
- Fig. 6 Market Forecast of Business Intelligence and Analytics (BIA)) Central & Eastern Europe, 2026-2030
- 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, 2026-2030
- Fig. 9 Market Forecast of Business Intelligence and Analytics (BIA) Japan, 2026-2030
- Fig. 10 Market Forecast of Business Intelligence and Analytics (BIA)) China, 2026-2030
- Fig. 11 Market Forecast of Business Intelligence and Analytics (BIA) IT & Telecom Industry, 2026-2030
- Fig. 12 Market Forecast of Business Intelligence and Analytics (BIA) Banking & Financial Services Industry, 2026-2030
- Fig. 13 Market Forecast of Business Intelligence and Analytics (BIA) Insurance Industry, 2026-2030
- Fig. 14 Market Forecast of Business Intelligence and Analytics (BIA) Healthcare Industry, 2026-2030
- Fig. 15 Market Forecast of Business Intelligence and Analytics (BIA)) Government & Public Sector, 2026-2030
- Fig. 16 Market Forecast of Business Intelligence and Analytics (BIA) Retail & eCommerce, 2026-2030
- Fig. 17 Market Forecast of Business Intelligence and Analytics (BIA) Manufacturing, 2026-2030
- Fig. 18 Market Forecast of Business Intelligence and Analytics (BIA) Hospitality, 2026-2030
- Fig. 19 Market Forecast of Business Intelligence and Analytics (BIA) On-premises Deployment, 2026-2030
- Fig. 20 Market Forecast of Business Intelligence and Analytics (BIA) Cloud Deployment, 2026-2030
- Fig. 21 Market Forecast of Business Intelligence and Analytics (BIA) SMB Customers, 2026-2030
- Fig. 22 Market Forecast of Business Intelligence and Analytics (BIA) Large Customers, 2026-2030
- Fig. 23 Market Forecast of Business Intelligence and Analytics (BIA) Enterprise Customers, 2026-2030
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