Gartner Worldwide Business Intelligence And Analytics Market

Analytics and business intelligence worldwide 2017 published.

Gartner worldwide business intelligence and analytics market. The global business intelligence and analytics market has seen a large amount of activity in recent years a new study has indicated. By the end of 2020 the market is forecast to grow to 22 8 billion. Modern bi platforms was the fastest growing segment at 24 2 followed by data science platforms and analytic applications with 9 0 and 7 8 annual growth respectively.

Global revenue in the business intelligence and analytics software market is forecast to reach 18 3 billion in 2017 an increase of 7 3 percent from 2016 according to the latest forecast from gartner inc. Neha gupta jim hare eric hunter alys woodward summary the analytics and business intelligence software market grew by 11 7 to 21 6 billion in 2018 in current usd. Analytics and business intelligence worldwide 2018 published.

Modern bi platforms continue to be the fastest growing segment at 17 9 followed by data science platforms with a 17 5 growth. Report hype cycle for analytics and business intelligence 2019 reveals five key trends impacting the analytics and business intelligence bi market a successful digital transformation involves many steps. For 13 consecutive years gartner has recognized microsoft as a magic quadrant leader in analytics and business intelligence platforms.

Gartner magic quadrant for analytics and business intelligence platforms 11 february 2020 james richardson rita sallam kurt schlegel austin kronz julian sun the gartner peer insight logo is a trademark and service mark of gartner inc and or its affiliates and is used herein with permission. The analytics and business intelligence software market grew 4 4 overall in 2016 as it is a top organizational priority. However according to gartner developing an effective digital culture may be the first and most important one.

Global revenue in the business intelligence bi and analytics market is forecast to reach 16 9 billion in 2016 an increase of 5 2 percent from 2015 according to the latest forecast from gartner inc. 16 april 2019 id. Research from gartner found that global revenue in the business intelligence bi and analytics market is forecast to reach 16 9 billion 11 73 billion in 2016 representing a 5 2 per cent rise from 2015.

According to gartner the bi and analytics market is in the final stages of a multiyear shift from it led system of record reporting to business led self service analytics. Alys woodward neha gupta eric hunter jim hare summary the analytics and business intelligence software market grew 11 5 overall in 2017 considerably outpacing 2016 s 4 5 growth. The study suggested that the bi and analytics market.