Global Business Intelligence Platform Market Growing at a CAGR of 9% to Reach USD 43 Billion By 2028 | Infinium Global Research

Infinium Global Research, a renowned market research firm, has recently released an exhaustive report on the Business Intelligence Platform Market, providing an in-depth analysis of segments and sub-segments both globally and regionally. The report evaluates the impact of drivers, restraints, and macro indicators on the business intelligence platform market, offering a comprehensive overview of trends, forecasts, and dollar values. Projections indicate a robust Compound Annual Growth Rate (CAGR) of 9% for the global business intelligence platform market, anticipating growth from nearly USD 26 billion in 2022 to about USD 43 billion by 2028.

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Integral Role of Business Intelligence Platforms in Software Development

The software sector's evolution is intricately linked with the advancement of business intelligence platform technologies. Major industry players are heavily investing in technology development to optimize costs, understand customer demands, enhance the shopping experience, and boost profits by identifying and analyzing emerging trends. Business intelligence solutions empower merchants to increase sales per visit through comprehensive views of data, correlation with sales data, pattern analysis, and outlier recognition presented via user-friendly dashboards and visually appealing data representations.

Expanding Horizons with Cloud-Based Services

The adoption of business intelligence technology is expected to surge with the widespread use of cloud-based services. As complex data becomes more fragmented, efficient data management tools are increasingly vital for speeding up information gathering. The proliferation of the Internet of Things (IoT) services contributes to the accumulation of vast amounts of data, further emphasizing the need for effective data analytics tools. Despite these advantages, the high startup costs associated with BI infrastructure are anticipated to be a hindrance to market growth.

Regional Dominance and Growth Prospects

North America dominates the global business intelligence software market, driven by the widespread adoption of BI applications and digitalization across various industries. The region has witnessed a doubling in the rate of BI adoption due to the extensive use of cloud computing. The presence of major cloud BI software vendors is expected to fuel regional market expansion. The Asia Pacific is poised to exhibit the fastest growth rate, attributed to increased demand in rising economies like China and India. Factors such as significant BI software uptake, outsourcing activities for cloud deployment, and the need for customer insights contribute to the region's rapid growth.

Key Market Segments

The report comprehensively covers key segments of the global business intelligence platform market, including technology (cloud business intelligence, mobile business intelligence, social business intelligence, and traditional business intelligence), function (executive management, finance, information and deployment, sales, and marketing), tools (dashboards & scoreboards, OLAP & visualization tools, predictive analysis, and query, reporting & search tools), deployment (on-premise and hosted), and end-use (BFSI, government, healthcare, IT & telecom, manufacturing, media & entertainment, and others).

Leading Industry Players

The report provides detailed profiles of key companies in the business intelligence platform market, including TIBCO Software, MICROSTRATEGY INCORPORATED, TABLEAU SOFTWARE, LLC, Open Text Corporation, IBM Corporation, Oracle, Microsoft Corporation, SAP SE, SAS Institute Inc., and Sisense Ltd.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Business Intelligence Platform Market Highlights

2.2. Business Intelligence Platform Market Projection

2.3. Business Intelligence Platform Market Regional Highlights

Chapter 3. Global Business Intelligence Platform Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Business Intelligence Platform Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Technology

3.5.2. IGR-Growth Matrix Analysis by Function

3.5.3. IGR-Growth Matrix Analysis by Tool

3.5.4. IGR-Growth Matrix Analysis by Deployment

3.5.5. IGR-Growth Matrix Analysis by End-use

3.5.6. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Business Intelligence Platform Market

Chapter 4. Business Intelligence Platform Market Macro Indicator Analysis

Chapter 5. Global Business Intelligence Platform Market by Technology

5.1. Cloud Business Intelligence

5.2. Mobile Business Intelligence

5.3. Social Business Intelligence

5.4. Traditional Business Intelligence

Chapter 6. Global Business Intelligence Platform Market by Function

6.1. Executive Management

6.2. Finance

6.3. Information and Deployment

6.4. Sales and Marketing

Chapter 7. Global Business Intelligence Platform Market by Tool

7.1. Dashboards & Scoreboards

7.2. OLAP & Visualization Tools

7.3. Predictive Analysis

7.4. Query, Reporting & Search Tools

Chapter 8. Global Business Intelligence Platform Market by Deployment

8.1. On-premise

8.2. Hosted

Chapter 9. Global Business Intelligence Platform Market by End-use

9.1. BFSI

9.2. Government

9.3. Healthcare

9.4. IT & Telecom

9.5. Manufacturing

9.6. Media & Entertainment

9.7. Others

Chapter 10. Global Business Intelligence Platform Market by Region 2022-2028

10.1. North America

10.1.1. North America Business Intelligence Platform Market by Technology

10.1.2. North America Business Intelligence Platform Market by Function

10.1.3. North America Business Intelligence Platform Market by Tool

10.1.4. North America Business Intelligence Platform Market by Deployment

10.1.5. North America Business Intelligence Platform Market by End-use

10.1.6. North America Business Intelligence Platform Market by Country

10.2. Europe

10.2.1. Europe Business Intelligence Platform Market by Technology

10.2.2. Europe Business Intelligence Platform Market by Function

10.2.3. Europe Business Intelligence Platform Market by Tool

10.2.4. Europe Business Intelligence Platform Market by Deployment

10.2.5. Europe Business Intelligence Platform Market by End-use

10.2.6. Europe Business Intelligence Platform Market by Country

10.3. Asia-Pacific

10.3.1. Asia-Pacific Business Intelligence Platform Market by Technology

10.3.2. Asia-Pacific Business Intelligence Platform Market by Function

10.3.3. Asia-Pacific Business Intelligence Platform Market by Tool

10.3.4. Asia-Pacific Business Intelligence Platform Market by Deployment

10.3.5. Asia-Pacific Business Intelligence Platform Market by End-use

10.3.6. Asia-Pacific Business Intelligence Platform Market by Country

10.4. RoW

10.4.1. RoW Business Intelligence Platform Market by Technology

10.4.2. RoW Business Intelligence Platform Market by Function

10.4.3. RoW Business Intelligence Platform Market by Tool

10.4.4. RoW Business Intelligence Platform Market by Deployment

10.4.5. RoW Business Intelligence Platform Market by End-use

10.4.6. RoW Business Intelligence Platform Market by Sub-region

Chapter 11. Company Profiles and Competitive Landscape

11.1. Competitive Landscape in the Global Business Intelligence Platform Market

11.2. Companies Profiles

11.2.1. TIBCO Software

11.2.2. MICROSTRATEGY INCORPORATED

11.2.3. TABLEAU SOFTWARE, LLC

11.2.4. Open Text Corporation

11.2.5. IBM Corporation

11.2.6. Oracle

11.2.7. Microsoft Corporation

11.2.8. SAP SE

11.2.9. SAS Institute Inc.

11.2.10. Sisense Ltd.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of business intelligence platform.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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