Business Intelligence (BI) Market Is Booming Worldwide At A CAGR of 5.6%, To Hit US$ 35380 Mn by 2028 | Rapid Growth of Industry Demand, Business Performance, Development Trend, Competition Pattern, Key Suppliers and SWOT Analysis Till 2028 – GlobeNewswire

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Pune, Aug. 18, 2022 (GLOBE NEWSWIRE) — The “Business Intelligence (BI) Market” Report provides insightful data on business strategies, top industry trends, growth opportunities, and challenges of top key players. The Business Intelligence (BI) market report covers market size, share, and growth outlook in terms of CAGR status and revenue estimations. This 107 Pages report delivers competitive landscape analysis (business profiles, investments opportunity, new plans, technological advancements) and segmentation details (mainly type and applications) with geographical representation. Furthermore, the research report gives details on the import-export scenario, supply-demand scenario, and SWOT analysis over the forecast period.
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Business intelligence software is an important tool or application used by organizations to analyze data and make improved real-time market decisions. Traditionally, business intelligence was used only for reporting, designing dashboards, and resolving queries. Its goal was to track key business performance and metrics.
The global Business Intelligence (BI) market size is projected to reach US$ 35380 million by 2028, from US$ 24000 million in 2021, at a CAGR of 5.6% during 2022-2028.
During 2017 the cloud-based social intelligence solutions segment accounted for almost 70% of the total share of the market and dominated the industry. Cloud-based solutions come with a regular minimal payment and eliminates the need for making a large one-time investment and also the periodic expenses for maintenance and updates. Predictable expenses, no requirement of a powerful local server, minimal requirement of skilled personnel, and free upgrades are additional benefits that will induce more businesses to prefer hosted business intelligence solutions in the next few years.

The enterprises segment dominated the social business intelligence market during 2017. This segment includes several industries such as retail, IT, BFSI, healthcare, and telecommunication. These industries use business intelligence for predictive analysis as it helps them in segmenting products and services based on the preference of their customers. The higher adoption of business intelligence software by SMEs, the rise in a number of online retail customers, and the favorable government policies in the healthcare and BFSI industries will drive the growth of this market segment.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Business Intelligence (BI) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Business Intelligence (BI) market in terms of revenue.
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The Global Business Intelligence (BI) Market forecast is based on an analysis of key player’s past and current performance. The report also takes into account various economic conditions prevailing in the key markets that have the potential to impact the market in the future. Thereby considering all the relevant factors market size of the Business Intelligence (BI) market has been forecasted in the report.
Business Intelligence (BI) Market Top Manufacturers: The report covers an extensive analysis of the key market players along with their business overview, expansion plans, and strategies. Top Key Players covered in the report are:
The Business Intelligence (BI) market research report fully covers the major statistics of the production, value, profitability, capacity, supply/demand ratio, volume, and much more. The best possible updated information is showcased in figures, pie charts, tables, and graphs. These statistical representations offer predictive information regarding the upcoming estimations for convincing the growth of the Business Intelligence (BI) market.
Based on types, the Business Intelligence (BI) market from 2017 to 2028 is primarily split into:
Based on applications, the Business Intelligence (BI) market from 2017 to 2028 covers:
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Geographically, the report includes research on production, consumption, revenue, market share and growth rate, and forecast (2017 -2028) of the following regions:
Business Intelligence (BI) market while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. A verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis of key market segments incorporated in the report have been delivered in weighted chapters.
Highlighted Key Points Covered in this Updated Research Reports Include:
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What Business Intelligence (BI) Market Report Is Going to Offers:
Some of the key questions answered in this report:
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With tables and figures helping analyze worldwide Global Business Intelligence (BI) market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Key Points From Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Business Intelligence (BI) Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
1.2.2 On-premises
1.2.3 Cloud
1.3 Market by Application
1.3.1 Global Business Intelligence (BI) Market Share by Application: 2017 VS 2021 VS 2028
1.3.2 Individuals
1.3.3 SMEs
1.3.4 Large Enterprises
1.3.5 Government Organizations
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Business Intelligence (BI) Market Perspective (2017-2028)
2.2 Business Intelligence (BI) Growth Trends by Region
2.2.1 Business Intelligence (BI) Market Size by Region: 2017 VS 2021 VS 2028
2.2.2 Business Intelligence (BI) Historic Market Size by Region (2017-2022)
2.2.3 Business Intelligence (BI) Forecasted Market Size by Region (2023-2028)
2.3 Business Intelligence (BI) Market Dynamics
2.3.1 Business Intelligence (BI) Industry Trends
2.3.2 Business Intelligence (BI) Market Drivers
2.3.3 Business Intelligence (BI) Market Challenges
2.3.4 Business Intelligence (BI) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Business Intelligence (BI) Players by Revenue
3.1.1 Global Top Business Intelligence (BI) Players by Revenue (2017-2022)
3.1.2 Global Business Intelligence (BI) Revenue Market Share by Players (2017-2022)
3.2 Global Business Intelligence (BI) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Business Intelligence (BI) Revenue
3.4 Global Business Intelligence (BI) Market Concentration Ratio
3.4.1 Global Business Intelligence (BI) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Business Intelligence (BI) Revenue in 2021
3.5 Business Intelligence (BI) Key Players Head office and Area Served
3.6 Key Players Business Intelligence (BI) Product Solution and Service
3.7 Date of Enter into Business Intelligence (BI) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Business Intelligence (BI) Breakdown Data by Type
4.1 Global Business Intelligence (BI) Historic Market Size by Type (2017-2022)
4.2 Global Business Intelligence (BI) Forecasted Market Size by Type (2023-2028)
5 Business Intelligence (BI) Breakdown Data by Application
5.1 Global Business Intelligence (BI) Historic Market Size by Application (2017-2022)
5.2 Global Business Intelligence (BI) Forecasted Market Size by Application (2023-2028)
6 North America
6.1 North America Business Intelligence (BI) Market Size (2017-2028)
6.2 North America Business Intelligence (BI) Market Size by Country (2017-2022)
6.3 North America Business Intelligence (BI) Market Size by Country (2023-2028)
6.4 United States
6.5 Canada
7 Europe
7.1 Europe Business Intelligence (BI) Market Size (2017-2028)
7.2 Europe Business Intelligence (BI) Market Size by Country (2017-2022)
7.3 Europe Business Intelligence (BI) Market Size by Country (2023-2028)
7.4 Germany
7.5 France
7.6 U.K.
7.7 Italy
7.8 Russia
7.9 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Business Intelligence (BI) Market Size (2017-2028)
8.2 Asia-Pacific Business Intelligence (BI) Market Size by Country (2017-2022)
8.3 Asia-Pacific Business Intelligence (BI) Market Size by Country (2023-2028)
8.4 China
8.5 Japan
8.6 South Korea
8.7 Southeast Asia
8.8 India
8.9 Australia
9 Latin America
9.1 Latin America Business Intelligence (BI) Market Size (2017-2028)
9.2 Latin America Business Intelligence (BI) Market Size by Country (2017-2022)
9.3 Latin America Business Intelligence (BI) Market Size by Country (2023-2028)
9.4 Mexico
9.5 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Business Intelligence (BI) Market Size (2017-2028)
10.2 Middle East & Africa Business Intelligence (BI) Market Size by Country (2017-2022)
10.3 Middle East & Africa Business Intelligence (BI) Market Size by Country (2023-2028)
10.4 Turkey
10.5 Saudi Arabia
10.6 UAE
11 Key Players Profiles
11.1 SAP
11.1.1 SAP Company Detail
11.1.2 SAP Business Overview
11.1.3 SAP Business Intelligence (BI) Introduction
11.1.4 SAP Revenue in Business Intelligence (BI) Business (2017-2022)
11.1.5 SAP Recent Development
11.2 SAS Institute
11.2.1 SAS Institute Company Detail
11.2.2 SAS Institute Business Overview
11.2.3 SAS Institute Business Intelligence (BI) Introduction
11.2.4 SAS Institute Revenue in Business Intelligence (BI) Business (2017-2022)
11.2.5 SAS Institute Recent Development
11.3 Oracle
11.3.1 Oracle Company Detail
11.3.2 Oracle Business Overview
11.3.3 Oracle Business Intelligence (BI) Introduction
11.3.4 Oracle Revenue in Business Intelligence (BI) Business (2017-2022)
11.3.5 Oracle Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM Business Intelligence (BI) Introduction
11.4.4 IBM Revenue in Business Intelligence (BI) Business (2017-2022)
11.4.5 IBM Recent Development
11.5 Kyubit Solutions
11.5.1 Kyubit Solutions Company Detail
11.5.2 Kyubit Solutions Business Overview
11.5.3 Kyubit Solutions Business Intelligence (BI) Introduction
11.5.4 Kyubit Solutions Revenue in Business Intelligence (BI) Business (2017-2022)
11.5.5 Kyubit Solutions Recent Development
11.6 Adobe Systems
11.6.1 Adobe Systems Company Detail
11.6.2 Adobe Systems Business Overview
11.6.3 Adobe Systems Business Intelligence (BI) Introduction
11.6.4 Adobe Systems Revenue in Business Intelligence (BI) Business (2017-2022)
11.6.5 Adobe Systems Recent Development
11.7 Microsoft
11.7.1 Microsoft Company Detail
11.7.2 Microsoft Business Overview
11.7.3 Microsoft Business Intelligence (BI) Introduction
11.7.4 Microsoft Revenue in Business Intelligence (BI) Business (2017-2022)
11.7.5 Microsoft Recent Development
11.8 Zoho
11.8.1 Zoho Company Detail
11.8.2 Zoho Business Overview
11.8.3 Zoho Business Intelligence (BI) Introduction
11.8.4 Zoho Revenue in Business Intelligence (BI) Business (2017-2022)
11.8.5 Zoho Recent Development
11.9 ChristianSteven Software
11.9.1 ChristianSteven Software Company Detail
11.9.2 ChristianSteven Software Business Overview
11.9.3 ChristianSteven Software Business Intelligence (BI) Introduction
11.9.4 ChristianSteven Software Revenue in Business Intelligence (BI) Business (2017-2022)
11.9.5 ChristianSteven Software Recent Development
11.10 Enerpact
11.10.1 Enerpact Company Detail
11.10.2 Enerpact Business Overview
11.10.3 Enerpact Business Intelligence (BI) Introduction
11.10.4 Enerpact Revenue in Business Intelligence (BI) Business (2017-2022)
11.10.5 Enerpact Recent Development
11.11 MicroStrategy
11.11.1 MicroStrategy Company Detail
11.11.2 MicroStrategy Business Overview
11.11.3 MicroStrategy Business Intelligence (BI) Introduction
11.11.4 MicroStrategy Revenue in Business Intelligence (BI) Business (2017-2022)
11.11.5 MicroStrategy Recent Development
11.12 Qlik
11.12.1 Qlik Company Detail
11.12.2 Qlik Business Overview
11.12.3 Qlik Business Intelligence (BI) Introduction
11.12.4 Qlik Revenue in Business Intelligence (BI) Business (2017-2022)
11.12.5 Qlik Recent Development
11.13 Yellowfin
11.13.1 Yellowfin Company Detail
11.13.2 Yellowfin Business Overview
11.13.3 Yellowfin Business Intelligence (BI) Introduction
11.13.4 Yellowfin Revenue in Business Intelligence (BI) Business (2017-2022)
11.13.5 Yellowfin Recent Development
11.14 Adaptive Insights
11.14.1 Adaptive Insights Company Detail
11.14.2 Adaptive Insights Business Overview
11.14.3 Adaptive Insights Business Intelligence (BI) Introduction
11.14.4 Adaptive Insights Revenue in Business Intelligence (BI) Business (2017-2022)
11.14.5 Adaptive Insights Recent Development
11.15 TABLEAU SOFTWARE
11.15.1 TABLEAU SOFTWARE Company Detail
11.15.2 TABLEAU SOFTWARE Business Overview
11.15.3 TABLEAU SOFTWARE Business Intelligence (BI) Introduction
11.15.4 TABLEAU SOFTWARE Revenue in Business Intelligence (BI) Business (2017-2022)
11.15.5 TABLEAU SOFTWARE Recent Development
11.16 Hitachi Vantara
11.16.1 Hitachi Vantara Company Detail
11.16.2 Hitachi Vantara Business Overview
11.16.3 Hitachi Vantara Business Intelligence (BI) Introduction
11.16.4 Hitachi Vantara Revenue in Business Intelligence (BI) Business (2017-2022)
11.16.5 Hitachi Vantara Recent Development
11.17 Birst
11.17.1 Birst Company Detail
11.17.2 Birst Business Overview
11.17.3 Birst Business Intelligence (BI) Introduction
11.17.4 Birst Revenue in Business Intelligence (BI) Business (2017-2022)
11.17.5 Birst Recent Development
11.18 TIBCO Software
11.18.1 TIBCO Software Company Detail
11.18.2 TIBCO Software Business Overview
11.18.3 TIBCO Software Business Intelligence (BI) Introduction
11.18.4 TIBCO Software Revenue in Business Intelligence (BI) Business (2017-2022)
11.18.5 TIBCO Software Recent Development
11.19 GoodData
11.19.1 GoodData Company Detail
11.19.2 GoodData Business Overview
11.19.3 GoodData Business Intelligence (BI) Introduction
11.19.4 GoodData Revenue in Business Intelligence (BI) Business (2017-2022)
11.19.5 GoodData Recent Development
11.20 Domo Technologies
11.20.1 Domo Technologies Company Detail
11.20.2 Domo Technologies Business Overview
11.20.3 Domo Technologies Business Intelligence (BI) Introduction
11.20.4 Domo Technologies Revenue in Business Intelligence (BI) Business (2017-2022)
11.20.5 Domo Technologies Recent Development
11.21 MITS
11.21.1 MITS Company Detail
11.21.2 MITS Business Overview
11.21.3 MITS Business Intelligence (BI) Introduction
11.21.4 MITS Revenue in Business Intelligence (BI) Business (2017-2022)
11.21.5 MITS Recent Development
11.22 Looker Data Sciences
11.22.1 Looker Data Sciences Company Detail
11.22.2 Looker Data Sciences Business Overview
11.22.3 Looker Data Sciences Business Intelligence (BI) Introduction
11.22.4 Looker Data Sciences Revenue in Business Intelligence (BI) Business (2017-2022)
11.22.5 Looker Data Sciences Recent Development
11.23 Salesforce.com
11.23.1 Salesforce.com Company Detail
11.23.2 Salesforce.com Business Overview
11.23.3 Salesforce.com Business Intelligence (BI) Introduction
11.23.4 Salesforce.com Revenue in Business Intelligence (BI) Business (2017-2022)
11.23.5 Salesforce.com Recent Development
11.24 TIBCO Software
11.24.1 TIBCO Software Company Detail
11.24.2 TIBCO Software Business Overview
11.24.3 TIBCO Software Business Intelligence (BI) Introduction
11.24.4 TIBCO Software Revenue in Business Intelligence (BI) Business (2017-2022)
11.24.5 TIBCO Software Recent Development
11.25 ThoughtSpot
11.25.1 ThoughtSpot Company Detail
11.25.2 ThoughtSpot Business Overview
11.25.3 ThoughtSpot Business Intelligence (BI) Introduction
11.25.4 ThoughtSpot Revenue in Business Intelligence (BI) Business (2017-2022)
11.25.5 ThoughtSpot Recent Development
11.26 ClearStory Data
11.26.1 ClearStory Data Company Detail
11.26.2 ClearStory Data Business Overview
11.26.3 ClearStory Data Business Intelligence (BI) Introduction
11.26.4 ClearStory Data Revenue in Business Intelligence (BI) Business (2017-2022)
11.26.5 ClearStory Data Recent Development
11.27 FanRuan
11.27.1 FanRuan Company Detail
11.27.2 FanRuan Business Overview
11.27.3 FanRuan Business Intelligence (BI) Introduction
11.27.4 FanRuan Revenue in Business Intelligence (BI) Business (2017-2022)
11.27.5 FanRuan Recent Development
11.28 TARGIT
11.28.1 TARGIT Company Detail
11.28.2 TARGIT Business Overview
11.28.3 TARGIT Business Intelligence (BI) Introduction
11.28.4 TARGIT Revenue in Business Intelligence (BI) Business (2017-2022)
11.28.5 TARGIT Recent Development
12 Analyst’s Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Detailed TOC of Global Business Intelligence (BI) Market @ https://www.industryresearch.biz/TOC/21348426
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