Market Research Report
ASIA PACIFIC BUSINESS INTELLIGENCE MARKET FORECAST 2018-2026
|Published by||Inkwood Research||Product code||421741|
|Published||Content info||87 Pages
Delivery time: 2-3 business days
|ASIA PACIFIC BUSINESS INTELLIGENCE MARKET FORECAST 2018-2026|
|Published: July 16, 2018||Content info: 87 Pages||
A CAGR of 10.52% is expected from the Asia-Pacific business intelligence market over the forecast period of 2018-2026. This is a considerable high growth as compared to other major regional markets like Europe and North America.
Asia Pacific is home to many developing economies, which is seen as a great opportunity for business intelligence in the near future. In fact, the region has witnessed tremendous growth in the IT sector over last decade in terms of both infrastructure development and adoption across industries. The Indian market is expected to register a high CAGR over the forecast period. The country's increasing manufacturing segment has increased the demand for ERP system and predictive maintenance systems in India. Also, because of the cost-effectiveness of business intelligence solutions, many SMEs in India are seeking to unleash numerous big data capabilities by implementing these solutions.
Some of the noted market players in this region include Sales Force, Fair Issac Corporation (Fico), The Information Bus Company (Tibco) Software Inc, Alten Group, Good Data, Alteryx, Qlik Technologies Inc (Acquired By Thoma Bravo), International Business Machine Corporation (IBM ), Microsoft, Information Builders, Microstrategy, Tableau Software, and Sap, amongst others.