Market Overview:
The global analytics and business intelligence platforms market is expected to grow from USD 9.02 billion in 2018 to USD 21.01 billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of this market can be attributed to the increasing demand for big data and analytics solutions, growing need for real-time insights, and rising adoption of cloud-based analytics and business intelligence platforms. However, data security concerns may restrain the growth of this market to some extent during the forecast period. On the basis of type, the global analytics and business intelligence platforms market is segmented into cloud-based, on-premise, and hybrid models. The cloud-based segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its advantages such as low cost of ownership, scalability & flexibility, easy deployment & upgradation options;and 24/7 support from service providers . On the basis of application ,the global analytics and business intelligence platforms market is segmented into BFSI (banking ,financial services& insurance), education sector,,manufacturing sector,,telecom& IT sector,,and others including healthcare,.government sectors etc.
Product Definition:
Analytics is the process of gathering, organizing and analyzing data to discover patterns and trends. Business intelligence (BI) platforms are software applications that allow businesses to collect, organize and analyze data to help them make better business decisions. BI platforms can be used to track performance, identify opportunities and threats, forecast future trends and plan for contingencies. The use of analytics and BI platforms is becoming increasingly important as businesses strive to gain a competitive advantage in today's global economy.
Cloud:
Cloud is a collection of remote digital services that can be accessed over the internet. It provides shared pool of hardware, software, and bandwidth resources which are available on pay as you go basis. The cost of using these resources can be paid by the amount or time duration or both. Cloud computing offers various benefits to its users such as increased storage space, easy data accessibility from any location with minimum efforts and low operational cost among others.
On-Premise:
On-premise software is installed and run from the provider's server. The software is free from third-party access, thereby providing more control to the end user. This type of deployment method provides benefits such as easy integration with business processes and systems, data security, easy retrieval of data even after a system crash or power outage etc., which makes it popular among large enterprises for their analytics platforms.
Application Insights:
The others application segment includes media and entertainment, retail, healthcare, telecom & IT and transportation. Other applications are expected to witness significant growth over the forecast period owing to increasing adoption of analytics in various industries such as manufacturing. The BFSI sector is estimated to be one of the prominent users of business intelligence tools with more than 30% market share in 2017. This can be attributed to growing penetration of digital banking services which require analysis for providing better customer services along with tracking frauds and other illegal activities.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to significant growth opportunities in U.S. and Canada, which are also among the top 10 countries with highest adoption of analytics and business intelligence platforms. The Asia Pacific region is projected to witness substantial growth over the next eight years due to increasing number of small & medium enterprises (SMEs) in India, China, Japan, Australia and New Zealand (known as AINZ). Moreover, growing penetration of cloud computing services will further drive this regional market during forecast period.
The Latin American region is anticipated to witness considerable growth from 2018 to 2030 due its rapidly expanding IT sector coupled with rising investments by multinational companies for implementing advanced technologies such as big data analysis solutions for enhancing their businesses operations efficiency across various industry verticals including BFSI; retail; telecom; automotive etc.). Furthermore, increasing demand for mobile devices along with high usage rates has led major device manufacturers including Samsung Electronics Co., Ltd.
Growth Factors:
- Increasing demand for big data and analytics services by organizations to make better and informed decisions.
- Proliferation of data from various sources, including social media, mobile devices, the Internet of Things (IoT), and sensors is driving the need for advanced analytics solutions that can help organizations make sense of all this data and derive insights to improve their business performance.
- The increasing popularity of self-service BI tools that allow business users to easily analyze their own data without having to rely on IT support is helping fuel the growth of the Analytics and Business Intelligence Platforms market.
- Rapid advancements in technology are enabling new innovative features in BI platforms such as predictive analytics, text mining, prescriptive analytics, etc., which are helping businesses gain a competitive edge over their rivals.
- Growing demand for cloud-based BI solutions due to its many benefits such as lower costs, scalability, flexibility, etc., is helping boost the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Analytics and Business Intelligence Platforms Market Research Report
By Type
Cloud, On-Premise, Analytics and Business Intelligence Platform
By Application
BFSI, Education, Manufacturing, Telecom & IT, Others
By Companies
SAP, Microsoft, Tableau, Qlik, Google, Sisense, MicroStrategy, Amazon, TIBCO Software, Infor, SAS, Oracle, Zoho, Domo, Salesforce, Dundas, Panorama, Yellowfin, Analytics and Business Intelligence Platform
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Analytics and Business Intelligence Platforms Market Report Segments:
The global Analytics and Business Intelligence Platforms market is segmented on the basis of:
Types
Cloud, On-Premise, Analytics and Business Intelligence Platform
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Education, Manufacturing, Telecom & IT, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP
- Microsoft
- Tableau
- Qlik
- Google
- Sisense
- MicroStrategy
- Amazon
- TIBCO Software
- Infor
- SAS
- Oracle
- Zoho
- Domo
- Salesforce
- Dundas
- Panorama
- Yellowfin
- Analytics and Business Intelligence Platform
Highlights of The Analytics and Business Intelligence Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud
- On-Premise
- Analytics and Business Intelligence Platform
- By Application:
- BFSI
- Education
- Manufacturing
- Telecom & IT
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Analytics and Business Intelligence Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An analytics and business intelligence platform is a software application that helps businesses make sense of data to improve decision-making. Platforms can help organizations collect, store, analyze and present data in a way that makes it easier for analysts to identify trends and patterns. They can also help managers make better decisions by providing insights into how customers are using products or services, what marketing campaigns are working best, or where profits could be made.
Some of the major players in the analytics and business intelligence platforms market are SAP, Microsoft, Tableau, Qlik, Google, Sisense, MicroStrategy, Amazon, TIBCO Software, Infor, SAS, Oracle, Zoho, Domo, Salesforce, Dundas, Panorama, Yellowfin, Analytics and Business Intelligence Platform.
The analytics and business intelligence platforms market is expected to register a CAGR of 12.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Analytics and Business Intelligence Platforms Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Analytics and Business Intelligence Platforms Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Analytics and Business Intelligence Platforms Market - Supply Chain
4.5. Global Analytics and Business Intelligence Platforms Market Forecast
4.5.1. Analytics and Business Intelligence Platforms Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Analytics and Business Intelligence Platforms Market Size (000 Units) and Y-o-Y Growth
4.5.3. Analytics and Business Intelligence Platforms Market Absolute $ Opportunity
5. Global Analytics and Business Intelligence Platforms Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Type
5.3.1. Cloud
5.3.2. On-Premise
5.3.3. Analytics and Business Intelligence Platform
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Analytics and Business Intelligence Platforms Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. Education
6.3.3. Manufacturing
6.3.4. Telecom & IT
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Analytics and Business Intelligence Platforms Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Analytics and Business Intelligence Platforms Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Analytics and Business Intelligence Platforms Demand Share Forecast, 2019-2026
9. North America Analytics and Business Intelligence Platforms Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. Education
9.4.3. Manufacturing
9.4.4. Telecom & IT
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Type
9.7.1. Cloud
9.7.2. On-Premise
9.7.3. Analytics and Business Intelligence Platform
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Analytics and Business Intelligence Platforms Demand Share Forecast, 2019-2026
10. Latin America Analytics and Business Intelligence Platforms Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. Education
10.4.3. Manufacturing
10.4.4. Telecom & IT
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Type
10.7.1. Cloud
10.7.2. On-Premise
10.7.3. Analytics and Business Intelligence Platform
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Analytics and Business Intelligence Platforms Demand Share Forecast, 2019-2026
11. Europe Analytics and Business Intelligence Platforms Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. Education
11.4.3. Manufacturing
11.4.4. Telecom & IT
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Type
11.7.1. Cloud
11.7.2. On-Premise
11.7.3. Analytics and Business Intelligence Platform
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Analytics and Business Intelligence Platforms Demand Share, 2019-2026
12. Asia Pacific Analytics and Business Intelligence Platforms Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. Education
12.4.3. Manufacturing
12.4.4. Telecom & IT
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Type
12.7.1. Cloud
12.7.2. On-Premise
12.7.3. Analytics and Business Intelligence Platform
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Analytics and Business Intelligence Platforms Demand Share, 2019-2026
13. Middle East & Africa Analytics and Business Intelligence Platforms Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. Education
13.4.3. Manufacturing
13.4.4. Telecom & IT
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Analytics and Business Intelligence Platforms Market Size and Volume Forecast by Type
13.7.1. Cloud
13.7.2. On-Premise
13.7.3. Analytics and Business Intelligence Platform
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Analytics and Business Intelligence Platforms Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Analytics and Business Intelligence Platforms Market: Market Share Analysis
14.2. Analytics and Business Intelligence Platforms Distributors and Customers
14.3. Analytics and Business Intelligence Platforms Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SAP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsoft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tableau
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Qlik
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Google
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sisense
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MicroStrategy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Amazon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TIBCO Software
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Infor
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SAS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Oracle
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zoho
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Domo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Salesforce
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Dundas
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Panorama
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Yellowfin
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Analytics and Business Intelligence Platform
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
