Global Business Intelligence Market Size study & Forecast, by Component, By Deployment, By Application, By Enterprise Size, By Vertical, and Regional Analysis, 2022-2029

Description

List of Tables

Global Business Intelligence (BI) Market is valued at approximately USD 24.85 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.1% over the forecast period 2022-2029. Business intelligence (BI) is a procedural and technical framework for storing, collecting, and analyzing data produced by an organization's operations. It includes performance benchmarking, data mining, descriptive analysis, and process analysis. The need for these solutions in the market is increased by the growing emphasis that businesses are placing on strategic decision-making, insightful data, quick and accurate reporting, and increased productivity. The surging demand for dashboards for data visualization to enhance the ability in making business decisions, coupled with the increasing adoption of data analytics by enterprises are the key driving factors for global market growth.

In addition, the rising adoption of connected devices and the emergence of IoT-enabled technologies is further fueling the market demand. According to a report by DHS, 86% of the owners and operators of critical infrastructure in high-tech industries have deployed cloud solutions. The report has revealed the spending of different sectors on critical infrastructure using cloud services; there is an increase expected from USD 152 billion in 2020 to USD 223 billion by 2025. Consequentially, the growing demand for cloud and associated technologies devices is directly associated with the growth of the Business Intelligence (BI) Market. Furthermore, the increasing usage of integrated BI systems, as well as the rising growth in data generation are presenting various lucrative opportunities over the forecasting years. However, the high investment costs for on-premise solutions and the lack of skilled professionals are hindering market growth over the forecast period of 2022-2029.

The key regions considered for the Global Business Intelligence (BI) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to rapid developments in automation and digitization, rising focus on new innovations and advancement, along with the increasing presence of leading market players across the region. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as the growing investment in business intelligence solutions, increasing government initiatives to enhance IT & telecommunication, as well as the rising awareness of embedded BI solutions are burgeoning the market growth in the forecasting years.

Major market players included in this report are:

Microsoft Corporation (U.S.)
Tableau Software, LLC (Salesforce) (U.S.)
IBM Corporation (U.S.)
QlikTech International AB (U.S.)
SAP SE (Germany)
Oracle Corporation (U.S.)
Redash (Databricks) (Israel)
Mode Analytics Inc. (U.S.)
Looker (Google) (U.S.)
Infor (U.S.)

Recent Developments in the Market:

In January 2023, Microsoft announced the integration of Power BI in Microsoft Teams for improved customer experiences. The three new features are updated heritage Power BI tabs for Channels 2.0, rich broadcast cards for Chat in Microsoft Teams, and listening to and learning from user experiences and requirements.
In December 2022, Tableau announced that the company introduced its upgraded Tableau 2022.4 for business users and analysts with the objective of exploring insights. It automates the production, examination, and transmission of insights using data stories including Data Change Radar, Data Guide, and Explain the Viz.

Global Business Intelligence (BI) Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Deployment, Application, Enterprise Size, Vertical, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Solution
Services

By Deployment:

On-Premises
Cloud

By Application:

Supply Chain Analytic Applications
CRM Analytic Operations
Financial Performance and Strategy Management
Production Planning Analytic Operations
Others

By Enterprise Size:

Large Enterprises
SMEs

By Vertical:

BFSI
IT and Telecommunication
Retail and Consumer Goods
Manufacturing
Healthcare
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Business Intelligence (BI) Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Business Intelligence (BI) Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Business Intelligence (BI) Market, by Deployment, 2019-2029 (USD Billion)
- 1.2.4. Business Intelligence (BI) Market, by Application, 2019-2029 (USD Billion)
- 1.2.5. Business Intelligence (BI) Market, by Enterprise Size, 2019-2029 (USD Billion)
- 1.2.6. Business Intelligence (BI) Market, by Vertical, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Business Intelligence (BI) Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Business Intelligence (BI) Market Dynamics

3.1. Business Intelligence (BI) Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising adoption of connected devices and the emergence of IoT-enabled technologies
  - 3.1.1.2. Surging demand for dashboards for data visualization
- 3.1.2. Market Challenges
  - 3.1.2.1. High investment costs for on-premise solutions
  - 3.1.2.2. Lack of skilled professionals
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing usage of integrated BI systems
  - 3.1.3.2. Rising growth in data generation

Chapter 4. Global Business Intelligence (BI) Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Business Intelligence (BI) Market, by Component

6.1. Market Snapshot
6.2. Global Business Intelligence (BI) Market by Component, Performance - Potential Analysis
6.3. Global Business Intelligence (BI) Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Business Intelligence (BI) Market, Sub Segment Analysis
- 6.4.1. Solution
- 6.4.2. Services

Chapter 7. Global Business Intelligence (BI) Market, by Deployment

7.1. Market Snapshot
7.2. Global Business Intelligence (BI) Market by Deployment, Performance - Potential Analysis
7.3. Global Business Intelligence (BI) Market Estimates & Forecasts by Deployment 2019-2029 (USD Billion)
7.4. Business Intelligence (BI) Market, Sub Segment Analysis
- 7.4.1. On-Premises
- 7.4.2. Cloud

Chapter 8. Global Business Intelligence (BI) Market, by Application

8.1. Market Snapshot
8.2. Global Business Intelligence (BI) Market by Application, Performance - Potential Analysis
8.3. Global Business Intelligence (BI) Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Business Intelligence (BI) Market, Sub Segment Analysis
- 8.4.1. Supply Chain Analytic Applications
- 8.4.2. CRM Analytic Operations
- 8.4.3. Financial Performance and Strategy Management
- 8.4.4. Production Planning Analytic Operations
- 8.4.5. Others

Chapter 9. Global Business Intelligence (BI) Market, by Enterprise Size

9.1. Market Snapshot
9.2. Global Business Intelligence (BI) Market by Enterprise Size, Performance - Potential Analysis
9.3. Global Business Intelligence (BI) Market Estimates & Forecasts by Enterprise Size 2019-2029 (USD Billion)
9.4. Business Intelligence (BI) Market, Sub Segment Analysis
- 9.4.1. Large Enterprises
- 9.4.2. SMEs

Chapter 10. Global Business Intelligence (BI) Market, by Vertical

10.1. Market Snapshot
10.2. Global Business Intelligence (BI) Market by Vertical, Performance - Potential Analysis
10.3. Global Business Intelligence (BI) Market Estimates & Forecasts by Vertical 2019-2029 (USD Billion)
10.4. Business Intelligence (BI) Market, Sub Segment Analysis
- 10.4.1. BFSI
- 10.4.2. IT and Telecommunication
- 10.4.3. Retail and Consumer Goods
- 10.4.4. Manufacturing
- 10.4.5. Healthcare
- 10.4.6. Others

Chapter 11. Global Business Intelligence (BI) Market, Regional Analysis

11.1. Business Intelligence (BI) Market, Regional Market Snapshot
11.2. North America Business Intelligence (BI) Market
- 11.2.1. U.S. Business Intelligence (BI) Market
  - 11.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 11.2.1.2. Deployment breakdown estimates & forecasts, 2019-2029
  - 11.2.1.3. Application breakdown estimates & forecasts, 2019-2029
  - 11.2.1.4. Enterprise Size breakdown estimates & forecasts, 2019-2029
  - 11.2.1.5. Vertical breakdown estimates & forecasts, 2019-2029
- 11.2.2. Canada Business Intelligence (BI) Market
11.3. Europe Business Intelligence (BI) Market Snapshot
- 11.3.1. U.K. Business Intelligence (BI) Market
- 11.3.2. Germany Business Intelligence (BI) Market
- 11.3.3. France Business Intelligence (BI) Market
- 11.3.4. Spain Business Intelligence (BI) Market
- 11.3.5. Italy Business Intelligence (BI) Market
- 11.3.6. Rest of Europe Business Intelligence (BI) Market
11.4. Asia-Pacific Business Intelligence (BI) Market Snapshot
- 11.4.1. China Business Intelligence (BI) Market
- 11.4.2. India Business Intelligence (BI) Market
- 11.4.3. Japan Business Intelligence (BI) Market
- 11.4.4. Australia Business Intelligence (BI) Market
- 11.4.5. South Korea Business Intelligence (BI) Market
- 11.4.6. Rest of Asia Pacific Business Intelligence (BI) Market
11.5. Latin America Business Intelligence (BI) Market Snapshot
- 11.5.1. Brazil Business Intelligence (BI) Market
- 11.5.2. Mexico Business Intelligence (BI) Market
- 11.5.3. Rest of Latin America Business Intelligence (BI) Market
11.6. Rest of The World Business Intelligence (BI) Market

Chapter 12. Competitive Intelligence

12.1. Top Market Strategies
12.2. Company Profiles
- 12.2.1. Microsoft Corporation (U.S.)
  - 12.2.1.1. Key Information
  - 12.2.1.2. Overview
  - 12.2.1.3. Financial (Subject to Data Availability)
  - 12.2.1.4. Product Summary
  - 12.2.1.5. Recent Developments
- 12.2.2. Tableau Software, LLC (Salesforce) (U.S.)
- 12.2.3. IBM Corporation (U.S.)
- 12.2.4. QlikTech International AB (U.S.)
- 12.2.5. SAP SE (Germany)
- 12.2.6. Oracle Corporation (U.S.)
- 12.2.7. Redash (Databricks) (Israel)
- 12.2.8. Mode Analytics Inc. (U.S.)
- 12.2.9. Looker (Google) (U.S.)
- 12.2.10. Infor (U.S.)

Chapter 13. Research Process

13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Business Intelligence (BI) Market, report scope
TABLE 2. Global Business Intelligence (BI) Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Business Intelligence (BI) Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Business Intelligence (BI) Market estimates & forecasts by Deployment 2019-2029 (USD Billion)
TABLE 5. Global Business Intelligence (BI) Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Business Intelligence (BI) Market estimates & forecasts by Enterprise Size 2019-2029 (USD Billion)
TABLE 7. Global Business Intelligence (BI) Market estimates & forecasts by Vertical 2019-2029 (USD Billion)
TABLE 8. Global Business Intelligence (BI) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Business Intelligence (BI) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Business Intelligence (BI) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Business Intelligence (BI) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Business Intelligence (BI) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Business Intelligence (BI) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Business Intelligence (BI) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Business Intelligence (BI) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Business Intelligence (BI) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. Global Business Intelligence (BI) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. U.S. Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. U.S. Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. Canada Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Canada Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. UK Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. UK Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. Germany Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Germany Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. France Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. France Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Italy Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Italy Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. Spain Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. Spain Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. RoE Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. RoE Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. China Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. China Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. India Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. India Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. Japan Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. Japan Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. South Korea Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. South Korea Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. Australia Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. Australia Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. RoAPAC Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. RoAPAC Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Brazil Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Brazil Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. Mexico Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. Mexico Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. RoLA Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. RoLA Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Business Intelligence (BI) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 70. Row Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. Row Business Intelligence (BI) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global Business Intelligence (BI) Market
TABLE 73. List of primary sources, used in the study of global Business Intelligence (BI) Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Business Intelligence (BI) Market, research methodology
FIG 2. Global Business Intelligence (BI) Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Business Intelligence (BI) Market, key trends 2021
FIG 5. Global Business Intelligence (BI) Market, growth prospects 2022-2029
FIG 6. Global Business Intelligence (BI) Market, porters 5 force model
FIG 7. Global Business Intelligence (BI) Market, pest analysis
FIG 8. Global Business Intelligence (BI) Market, value chain analysis
FIG 9. Global Business Intelligence (BI) Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Business Intelligence (BI) Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Business Intelligence (BI) Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Business Intelligence (BI) Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Business Intelligence (BI) Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Business Intelligence (BI) Market, regional snapshot 2019 & 2029
FIG 15. North America Business Intelligence (BI) Market 2019 & 2029 (USD Billion)
FIG 16. Europe Business Intelligence (BI) Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Business Intelligence (BI) Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Business Intelligence (BI) Market 2019 & 2029 (USD Billion)
FIG 19. Global Business Intelligence (BI) Market, company Market share analysis (2021)