Business Intelligence (BI) Software Market Projection By Key players – SAP AG, Oracle, Microsoft, Qlik, SAS, IBM, Tableau Software, Information Builders, Teradata, MicroStrategy Forecast Till 2025
Summary: Business Intelligence (BI) Software MarketThis report studies Business Intelligence (BI) Software in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2019, and forecast to 2025.
intelligence also uses advanced analytics, such as predictive analytics, statistical analysis, big data analytics, data mining, and text mining. The increased use of these tools, due to the enhanced capability of drawing valuable insights, is driving the need for business intelligence across different industries.
The business intelligence market is witnessing considerable growth, owing to its potential and the benefits it guarantees to the customers. Business intelligence tools' major benefits are optimizing internal business processes, accelerating and enhancing decision-making, driving revenue growth, obtaining a competitive advantage over competitors, and increasing operational efficiency. BI systems also help companies identify market trends and spot business problems that need to be addressed.
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Market Growth
The banking industry is rapidly expanding, owing to the digitization and the pace at which various technological advancements were embraced in recent years. The advent of technologies and tools, like business intelligence and data analytics, has invariably helped banks reflect all required regulations and stay competitive while attending to today's modern customers' digital needs. These solutions aid financial institutions in making smarter decisions, both financially and operationally.
For instance, according to a study by Goldman Sachs, 2018, AI technology may deliver up to USD 43 billion in savings, thus likely to generate revenue opportunities in the financial sector by 2025. Hence, many financial institutions are considering investing billions of dollars into this technology every year.
Market Segment: Business Intelligence (BI) Software Market
By types
Type I
Type II
Type III
By Application
Application 1
Application 2
Application 3
By Regions
North America
China
Europe
Southeast Asia
Japan
India
Competitive Analysis
The global business intelligence market is competitive with many well well-established players. The market players adopt strategic initiatives such as acquisitions, collaborations, mergers, and partnerships to get a competitive edge over other market players.
The key players covered in this study
SAP AG
Oracle
Microsoft
Qlik
SAS
IBM
Tableau Software
Information Builders
Teradata
MicroStrategy
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Table Of Content:
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Market Size by Type (2015-2026)
5 Market Size by Application (2015-2026)
6 North America
7 Europe
8 China
9 Japan
10 Southeast Asia
11 India
12 Central & South America
13 Key Players Profiles
14 Analyst's Viewpoints/Conclusions
15 Appendix
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Major Highlights of the Business Intelligence (BI) Software Market Report:
• The Business Intelligence (BI) Software Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes the Business Intelligence (BI) Software Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.
• The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
• It provides company overview and SWOT analysis of each of the market players.
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