Business Intelligence Software and Analytics Market: Rising Demand and Market Consolidation

BI Software and Analytics Market – We’ll talk about the business intelligence (BI) and analytics software market in this piece. As a marketer, you need to know a lot about it.

By talking about this study report, we will learn about how demand is going up and how the market is becoming more concentrated.

The Report Scope of Business Intelligence and Analytics Software Market

This study on the business intelligence software and analytics market looks at how the market is changing at the regional and country levels.

It also has a competitive overview that shows the market share of each company and a profile of the companies’ biggest sources of income.

It also has a full look at the competition, including market shares and profiles of the major players in the business intelligence and analytics software market share.

Market Insights

Business Intelligence (BI) Platform, Advanced & Predictive Analytics, Analytics Application, Content Analytics, and Corporate Performance Management Suite are the different types of business intelligence and analytics tools on the market.

Aside from that, the market for business intelligence and analytics software is split into two groups: Cloud and On-Premises.

It is divided into BSFI, Education, Energy & Power, Government, Healthcare, Manufacturing, Media & Entertainment, Retail, Telecom & IT, and Telecom & IT.

Competitive Rivalry

The major players in the business intelligence and analytics software market include Alteryx, Tibco Software, Tableau Software Inc., Salesforce, SAS Institute Inc., SAP, GoodData Co, Microsoft Co, IB, Oracle Co, etc.

The companies are involved in some growth & expansion strategies. It aims to gain a competitive advantage.

Finally, industry participants follow value chain integration with business operations in various stages of the value chain.

Business Intelligence and Analytics Software Market Segmentations

There are a few segments of the BI & analytics software market. They include:

1.    By Platform

It includes Business Intelligence Platform, Corporate Performance Management Suite, Advanced & Predictive Analytics, Analytics Application, and Content Analytics.

2.    By Deployment

It includes Cloud as well as On-premises.

3.    By End-user Industry

For example, it includes retail, telecom & IT, manufacturing, media & entertainment, government, healthcare, education, energy & power, BSFI, etc.

4.    By Organization Size

Business analytics software market size includes small and medium business as well as large-scale enterprises.

5.    By Service

In this case, it includes professional services and managed service.

6.    By Region

Then, it includes Asia-Pacific, Europe, North America, and the rest of the world.

7.    By Company

Lastly, it includes IBM, Oracle Co, GoodData Co, Microsoft Co, SAS Institute Inc., SAP, Tableau Software Inc., Salesforce, Alteryx, and Tibco Software.

So, that’s all about BI and analytics software market. Hopefully, this will be a useful reference for you all.