Market Overview:
The global business intelligence (BI) software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for BI software from SMEs and large organizations, and the rising trend of cloud-based BI solutions. The global BI software market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into mobile BI software and cloud-based BI software. Cloud-based BI solutions are witnessing a higher adoption rate as they offer several benefits such as scalability, flexibility, low cost of ownership, and easy deployment. Based on application, the market is classified into SMEs, large organizations, and others (government institutions & healthcare sector).
 Software Industry Outlook.svg)
Product Definition:
Business intelligence (BI) is a category of software that helps organizations analyze business data. BI software typically allows users to drill down into data to find insights that can help them make better business decisions.
BI software is important because it can help businesses identify trends and patterns in their data, which can lead to better decision-making. For example, a company might use BI software to track customer behavior over time in order to identify which products are most popular among certain demographics. This information could then be used by the company to make strategic marketing decisions.
Mobile:
Mobile is the most used device in the world. It has been estimated that there are more than six billion mobile phone users globally and this number is expected to reach eight billion by 2018. The adoption of smartphones has increased exponentially over the past few years, primarily due to price reduction and enhanced features offered by manufacturers. In addition, increasing internet penetration coupled with growing e-commerce industry has also fueled smartphone demand over the last few years.
Cloud:
Cloud and it's usage in business intelligence software market is expected to grow at a significant pace over the forecast period. Cloud computing is emerging as an important part of business strategies for various organizations across different industry verticals. The major driving factors responsible for cloud and its usage in BI market growth are increasing demand for scalability, cost-effectiveness, reliability & security of information storage, easy availability of services along with growing adoption by small & medium enterprises (SME).
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The other applications include e-commerce, financial analysis, fraud detection, risk management & mitigation among others. The growing adoption of these applications across various industries including manufacturing and retail is expected to drive demand over the next few years.
The Small and Medium-sized Enterprise (SMEs) segment was estimated to be worth USD 1.5 billion in 2017 owing to increasing penetration of mobile solutions such as Report Studio by SAP SE in developing economies such as India and China among others where small businesses dominate the market for business intelligence software globally.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of small and medium enterprises (SMEs) in this region, which is expected to drive demand for mobile business intelligence solutions over the forecast period. Additionally, North America has been witnessing continuous adoption of cloud computing since past few years due to factors such as technological advancements and increased penetration of internet services thereby driving demand for cloud-based business intelligence software solutions.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness among users regarding advanced technologies such as big data analytics and advanced reporting tools coupled with growing need for real-time insights by SMEs operating across various industry verticals including manufacturing, retail & ecommerce, etc., especially in India China Singapore Australia Malaysia Thailand Vietnam Indonesia Philippines Sri Lanka Myanmar Hong Kong South Korea Taiwan Japan are expected drive regional market growth over next eight years).
Growth Factors:
- Increasing demand for data-driven decision making: The BI software market is expected to grow as organizations increasingly adopt BI tools to make better and faster decisions based on data.
- Proliferation of big data: The growth of big data is expected to drive the adoption of BI software, as organizations seek to gain insights from the large volumes of unstructured data.
- Increased focus on performance management: As businesses strive for efficiency and effectiveness, they are turning to BI software solutions for performance management capabilities such as budgeting, forecasting, and reporting.
- Growing demand for self-service analytics: With the advent of big data and self-service analytics tools, there is a growing demand among business users for access to information that allows them to make informed decisions without relying on IT support or specialized knowledge in statistics or analytics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Business Intelligence (BI) Software Market Research Report
By Type
Mobile, Cloud
By Application
SMEs, Large Organization, Others
By Companies
SAP, Microsoft, SAS, Oracle, IBM, Qlik, Tableau Software, Information Builders, Teradata, MicroStrategy, Yellowfin International, Zoho, Jaspersoft, Sisense, Phocas, Domo, Sysomos, ZAP BI, Salesforce, Datapine, Javelin Group, Square
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Business Intelligence (BI) Software Market Report Segments:
The global Business Intelligence (BI) Software market is segmented on the basis of:
Types
Mobile, Cloud
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
SMEs, Large Organization, 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
- SAS
- Oracle
- IBM
- Qlik
- Tableau Software
- Information Builders
- Teradata
- MicroStrategy
- Yellowfin International
- Zoho
- Jaspersoft
- Sisense
- Phocas
- Domo
- Sysomos
- ZAP BI
- Salesforce
- Datapine
- Javelin Group
- Square
 Software Market Overview.svg)
Highlights of The Business Intelligence (BI) Software 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:
- Mobile
- Cloud
- By Application:
- SMEs
- Large Organization
- 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 Business Intelligence (BI) Software 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Software Market Statistics.svg)
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?
Business intelligence software is a type of software that helps businesses make better decisions by providing them with data analysis and visualization tools. BI software can help businesses understand their customers, competitors, and operations more effectively.
Some of the major companies in the business intelligence (bi) software market are SAP, Microsoft, SAS, Oracle, IBM, Qlik, Tableau Software, Information Builders, Teradata, MicroStrategy, Yellowfin International, Zoho, Jaspersoft, Sisense, Phocas, Domo, Sysomos, ZAP BI, Salesforce, Datapine, Javelin Group, Square.
The business intelligence (bi) software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Business Intelligence (BI) Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Business Intelligence (BI) Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Business Intelligence (BI) Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Business Intelligence (BI) Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Business Intelligence (BI) Software Market Size & Forecast, 2020-2028
4.5.1 Business Intelligence (BI) Software Market Size and Y-o-Y Growth
4.5.2 Business Intelligence (BI) Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mobile
5.2.2 Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Organization
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Business Intelligence (BI) Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Business Intelligence (BI) Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mobile
9.6.2 Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Organization
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mobile
10.6.2 Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Organization
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mobile
11.6.2 Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Organization
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mobile
12.6.2 Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Organization
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mobile
13.6.2 Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Organization
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Business Intelligence (BI) Software Market: Competitive Dashboard
14.2 Global Business Intelligence (BI) Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP
14.3.2 Microsoft
14.3.3 SAS
14.3.4 Oracle
14.3.5 IBM
14.3.6 Qlik
14.3.7 Tableau Software
14.3.8 Information Builders
14.3.9 Teradata
14.3.10 MicroStrategy
14.3.11 Yellowfin International
14.3.12 Zoho
14.3.13 Jaspersoft
14.3.14 Sisense
14.3.15 Phocas
14.3.16 Domo
14.3.17 Sysomos
14.3.18 ZAP BI
14.3.19 Salesforce
14.3.20 Datapine
14.3.21 Javelin Group
14.3.22 Square
