Press release
Soaring Growth in Business Analytics & Enterprise Software Market: Emerging Trends, Key Players, and Projections for 2024-2029
Business Analytics & Enterprise Software Market Size
What Is The Projected Market Size Of The Global Business Analytics & Enterprise Software Market And Its Growth Rate?
• The market size has grown from $601.44 billion in 2024 to $684.83 billion in 2025 at a CAGR of 13.9%.
• Growth in this period can be attributed to digitization of businesses, competitive pressures, cost optimization, mobile workforce, and supply chain optimization.
• The market size is expected to grow rapidly to $1144.86 billion in 2029 at a CAGR of 13.7%.
• This growth can be attributed to data privacy concerns, augmented analytics, sustainability initiatives, e-commerce growth, quantum computing developments, and smart cities initiatives.
What Is Driving The Growth In The Business Analytics & Enterprise Software Market?
The growing influence of mobility as an integrated digital solution is transforming businesses globally and driving demand for IT services. These services are crucial for enhancing interaction amongst strategic partners and suppliers, managing customer experience, and facilitating access to information and services. The development and implementation of mobile applications requires IT services, such as the customized solutions provided by Tieto's enterprise mobility solution framework, catering to various sectors including healthcare, logistics, telecommunications, energy, and manufacturing.
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Who Are the Key Players Driving Business Analytics & Enterprise Software Market Growth?
• Nippon Telegraph And Telephone Corp.
• International Business Machines Corporation
• Oracle Corporation
• Microsoft Corporation
• SAP SE
• Salesforce.com
• Fiserv Inc.
• Adobe Systems Incorporated
• Leidos
• Atos SE
• Workday Inc.
• SAS Institute Inc.
• Teradata Corporation
• Tibco Software Inc.
• Fair Isaac Corporation
• Alteryx Inc.
• QlikTech International AB
• Domo Inc.
• ThoughtSpot Inc.
• Mixpanel Inc.
• Sisense Inc.
• RapidMiner Inc.
• Domino Data Lab
• Cloudability Inc.
• Densify Inc.
• Google LLC
• Tableau Software Inc.
• Infor
• BOARD International
• GoodData Corporation
• Datameer Inc.
• Yellowfin BI
What Are The Key Trends In The Business Analytics & Enterprise Software Market?
• Adoption of AI in business solutions
• Real-time data processing and analytics
• Cloud-based enterprise software
• Blockchain integration in business applications
• Personalization and customization
What Are The Segments Of The Global Business Analytics & Enterprise Software Market?
• By Type: ERP Software, BI Software, CRM Software, SCM Software, Other Software
• By Deployment Model: On-Demand Or Cloud, On-Premise
• By End-User Industry: IT And Telecommunications, BFSI, Manufacturing, Retail, Healthcare, Education, Media, Other End-User Industries
Which Region Leads The Business Analytics & Enterprise Software Market?
Asia-Pacific commanded the largest share in the business analytics & enterprise software market in 2024, followed by North America. This market report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Business Analytics & Enterprise Software Market Global Market Report?
- Market Size Analysis: Analyze the Business Analytics & Enterprise Software Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Business Analytics & Enterprise Software Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Business Analytics & Enterprise Software Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Business Analytics & Enterprise Software Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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