Business Intelligence and Analytics Market To Boom Due to Increasing Adoption of Cloud Based Solution by SMEs

The business intelligence and analytics software are the tools which helps to analyze the structure and unstructured data helps managers, executive, and other corporate end users to understand the market trend. The global business intelligence and analytics market is estimated to expand at a CAGR of 9.4% during the forecast period (2017–2025).

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Market Dynamics

Increasing demand for analyzing the real time data, rising requirement of analyzing unstructured data for understanding customers demand, and increasing adoption of cloud computing technology by various organization are some of the key drivers fueling the growth of the business intelligence and analytics market globally. Implementation of cloud technology have reduced the IT infrastructure cost of the organization, as business intelligence and analytics software requires large space to store and analyze the structure and unstructured data. Hence, implementation of cloud technology in business intelligence and analytics fuels the demand of the software.

Market Taxonomy

This report segments the global business intelligence and analytics market on the basis of deployment model, platform, services, organization size, verticals, and geography. For comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.

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Detailed Segmentation:

Global Business Intelligence and Analytics Market, By Deployment Model:
-Cloud
-On-Premises

Global Business Intelligence and Analytics Market, By Platform:
-Business intelligence platform
-Corporate performance management suite
-Advance and predictive analytics
-Content Analytics
-Analytics Application

Global Business Intelligence and Analytics Market, By Service:
-Professional Services
-Managed services

Global Business Intelligence and Analytics Market, By Organization Size:
-Small and Medium Enterprises
-Large Enterprises

Global Business Intelligence and Analytics Market, By Verticals:
-BFSI
-Energy and Power
-Education
-Government
-Healthcare
-Media and Entertainment
-Manufacturing
-Retail
-IT and Telecom
-Others

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