Business Intelligence And Analytics Software Market

The business intelligence bi software industry is quickly emerging as one of the top software categories in terms of market size.

Business intelligence and analytics software market. Large organizations have adopted the big data approach to organizing internal and external datasets. The global business intelligence and analytics software market is segmented on the basis of type application and geography. The global business intelligence and analytics software market is estimated to be us xx x mn in 2019 and is projected to increase significantly at a cagr of x x from 2020 to 2028.

The global business intelligence software market size was valued at usd 24 9 billion in 2018 and is expected to witness a cagr of 10 1 from 2019 to 2025. The business intelligence and analytics software market report is an in depth study of the present market dynamics and the factors that affect it. It consists of the detailed study of current market trends along with the past statistics.

The market research report indicates that both small and medium size enterprises and large enterprises have backed the use of business intelligence and analytics software. Marketsandmarkets forecasts that the global business intelligence and analytics software market is expected to grow from 17 90 billion in 2015 to 26 78 billion by 2020 at a compound annual growth rate cagr of 8 4. The business intelligence market is booming and will continue to do.

Gartner expects global revenue of bi to rise to 22 8 billion by 2020 and reuters foresees additional growth to 29 48 billion by 2022. The past years are considered as reference to get the predicted data for the forecasted period.