2017 Forecast - Business Intelligence and Analytics Software Global Market, Industry Size, Share, Analysis and Opportunities to 2023
Latest industry research report on Business Intelligence and Analytics Software Market. Software application developed to acquire, convert, analyze and report data for BI (business intelligence) are known as business intelligence and analytics software. Furthermore, these tools are used to read information that has already been stored, not necessarily in data mart. Besides this, the tool helps front line users to design reports as well as perform analytics, ensuring less dependency on information technology department. Rapid deployment, power data mining, performance management, ultimate optimization and curbing implementation challenges are some of benefits offered by business intelligence and analytics software.
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Emerging trends including but not limiting to, rising competition, popularity of cloud delivery model and data proliferation have contributed to the growth of the market. In addition, tremendous surge especially in the mobile users have further added value to the sector. However, lack of awareness about the benefits of the software has hampered the progress of the market. On the other hand, incorporation of such trends in different mobile applications would create greater opportunities for the business intelligence and analytics software.
The market research report indicates that both small and medium size enterprises and large enterprises have backed the use of business intelligence and analytics software.
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The market is further segmented based on services, deployment model, size of the organization, industries and geography.
Business Intelligence and Analytics Software Market By Service
- Content analytics
- Professional servicesManaged services
- Others
Business Intelligence and Analytics Software Market By Delivery Model
- On Premise
- Cloud
Business Intelligence and Analytics Software Market By Size of the Organization
- Small and Medium Size Enterprises
- Large Enterprises
Business Intelligence and Analytics Software Market By Industry
- Healthcare
- BFSI
- Media and entertainment,
- Energy and Power
- Others
Business Intelligence and Analytics Software Market Geography
- North America
- Europe
- Asia -Pacific
- LAMEA
Key Players
- TIBCO Software
- MicroStrategy
- Tableau Software
- OpenText
- IBM
- Oracle
- Microsoft
- SAP
- SAS
- Others
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