Self-Service Business Intelligence (BI) Market Expansion Continues, with Forecast Valuation of $23.29 Billion by 2029

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Self-Service Business Intelligence (BI) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of self-service business intelligence (BI) has seen rapid expansion in the past few years. The market is projected to jump from $10.02 billion in 2024 to $11.88 billion in 2025 with a compound annual growth rate (CAGR) of 18.6%. The increase in market size during the historical period can be attributed to factors such as the growing preference for working from home, an uptick in the adoption of self-service BI software, government initiatives aiming to digitize the financial and retail industries, and an increasing need among business users for self-service dashboards.

Self-Service Business Intelligence (BI) Market Size Forecast: What's the Projected Valuation by 2029?
Significant expansion is anticipated in the self-service business intelligence (BI) market over the next few years. It's predicted to reach $23.29 billion by 2029, escalating at a compound annual growth rate (CAGR) of 18.3%. The swelling demand for self-service dashboards by business users, the need for instant insights, increased adoption of cloud technologies, governmental efforts to digitalize retail and financial sectors, and the continuous demand for real-time data interpretation, all contribute to the expected growth in the predicted period. The forecast period also reveals key trends such as innovative production, automated solution integration, technological progress in BI tools, and strategic collaborations and partnerships.

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What Are the Drivers Transforming the Self-Service Business Intelligence (BI) Market?
The increasing prevalence of e-commerce is set to fuel the expansion of the self-service business intelligence (BI) market. E-commerce, an online business model that facilitates the trade of products and services via the Internet, is on the rise due to factors including convenience, expanding internet accessibility, and a shift in consumer behavior towards online shopping. Tools provided by self-service business intelligence can significantly improve the operational efficiency of e-commerce activities, boost profits, and give instant access to real-time business performance dashboards, thus supporting swift decision-making. For example, the U.S. Census Bureau, a government agency in the United States, reported in May 2024 that U.S. retail e-commerce sales for the initial quarter of 2024, after adjusting for seasonal fluctuation, amounted to $289.2 billion. This signified a 2.1 percent (±0.7%) rise in comparison to the final quarter of 2023. With this in mind, it's clear that the escalating prevalence of e-commerce is spurring the expansion of the self-service business intelligence (BI) market.

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What Long-Term Trends Will Define the Future of the Self-Service Business Intelligence (BI) Market?
Leading firms in the self-service business intelligence (BI) market are creating innovative solutions like no-code, self-service platforms to democratize data usage. This allows business users to make informed decisions quickly and effectively. No-code, self-service platforms are user-friendly software solutions enabling individuals to develop, manage, and launch applications, or analyze data without writing any code. Comsense Technologies, a US-based marketing tech consultancy, introduced IntellSense, a self-service business intelligence, and reporting tool in July 2023. IntellSense features a comprehensive collection of over 200 key performance indicators (KPIs). It offers a no-code, self-service platform that makes dashboard creation and data visualization easier. With an implementation timeline of only 10 days, IntellSense aims to equip businesses to derive insights from their data conveniently and rapidly, bypassing the necessity for specific technical skills.

Which Segments in the Self-Service Business Intelligence (BI) Market Offer the Most Profit Potential?
The self-service business intelligence (BI) market covered in this report is segmented -

1) By Type: Software, Services
2) By Business Function: Finance, Marketing, Sales, Operations And Human Resources
3) By Deployment Model: On-Premises, On-Demand
4) By Application: Fraud And Security Management, Sales And Marketing Management, Predictive Asset Maintenance, Risk And Compliance Management, Customer Engagement And Analysis, Supply Chain Management And Procurement, Operations Management, Other Applications
5) By End-User Industry: Banking, Financial Services And Insurance (BFSI), Information technology(IT) And Telecommunication, Healthcare, Transportation And Logistics, Retail And E-Commerce, Media And Entertainment, Government And Defense, Manufacturing, Other End User Industries

Subsegments:
1) By Software: Data Visualization Software, Reporting And Querying Software, Dashboard Software, Predictive Analytics Software, Data Preparation Software
2) By Services: Consulting Services, Training And Support Services, Implementation And Integration Services, Managed Services

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Which Firms Dominate the Self-Service Business Intelligence (BI) Market by Market Share and Revenue in 2025?
Major companies operating in the self-service business intelligence (BI) market are Amazon.com Inc, Google LLC, Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc, Tableau Software LLC, ZOHO Corporation Pvt Ltd, Alteryx Inc, MicroStrategy Inc, Cloud Software Group, Qlik Technologies Inc, Domo Inc, Sisense Ltd, ThoughtSpot Inc, Pyramid Analytics, Yellowfin International Pvt Ltd, AnswerRocket, TARGIT AS, Dundas Data Visualization Inc, Datapine GmbH, Birst Group Inc, Power BI

Which Regions Offer the Highest Growth Potential in the Self-Service Business Intelligence (BI) Market?
North America was the largest region in the self-service business intelligence (BI) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the self-service business intelligence (BI) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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