Global Corporater BI & Analytics Software Market by Type (On-premises, On-demand), By Application (Small and medium-sized enterprises, Large enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global corporater BI & analytics 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 & analytics software from small and medium-sized enterprises (SMEs) and large enterprises across the globe. Additionally, the growing trend of cloud-based deployment is also contributing to the growth of this market. However, lack of awareness about BI & analytics software among end users is restraining the growth of this market. On-premises segment held a major share in 2017. Based on type, on-premises segment held a major share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to factors such as low cost of ownership and better security features offered by on-premises deployments compared with cloud deployments. However, on-demand segment is projected to grow at a higher CAGR than on-premises segment during 2018–2030 owing to benefits such as lower total cost of ownership (TCO), faster time To value (TTM), scalability, etc.



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Product Definition:

Corporater BI & Analytics Software is software that helps businesses to make better decisions by analyzing data. The software can help businesses to track performance, identify trends, and find solutions to problems.

On-premises:

On-premises software is installed and run from the organization's own server. It can be used to generate reports, analyze data or to access data that can be useful for a longer period of time. The on-premises software has been used by large organizations as it offers better security than cloud based solutions and also provides control over information.

On-demand:

On-demand or cloud-based business information and analytics software is a type of software that allows businesses to access data from remote servers rather than maintaining a local copy. The on-demand model offers several benefits such as reduced cost, scalability, flexibility, and faster time to market among others. It also helps in reducing the IT overhead costs by eliminating hardware procurement and storage requirements which further helps in increasing profit margins for organizations.

Application Insights:

The large enterprises segment dominated the global corporate BI & analytics software market in 2017, accounting for over 60% of the revenue share. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as a larger number of enterprise customers and higher spending on advanced analytics applications within large enterprises.

Small and medium-sized enterprises (SMEs) are projected to register the highest CAGR from 2018 to 2030 owing to increasing adoption of these solutions by SMEs for data analysis pertaining different aspects of business operations including sales, marketing and production. In addition, growing penetration and availability of cloud-based corporatese BI & Analytics Software are further anticipated to drive demand over the forecast period.

Regional Analysis:

North America dominated the global corporate business intelligence and analytics software market in 2017. North America has a well-established infrastructure and is home to several large enterprises. These factors have contributed to the dominance of this region in terms of revenue share. The U.S.

The Asia Pacific regional market for corporate business intelligence & analytics software is expected to witness significant growth over the forecast period owing to increasing investments by companies for data analysis and visualization tools coupled with rising demand from small- medium sized businesses (SMBs).

Growth Factors:

Increasing demand for big data and analytics solutions to drive the growth of the corporater BI & analytics software market.
The advent of cloud-based corporater BI & analytics software is expected to fuel the growth of this market in the coming years.
Rising demand for business intelligence and performance management solutions among small and medium businesses is anticipated to boost the growth of this market in future.
Growing popularity of self-service corporater BI & analytics tools is projected to propel the growth of this market in near future.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Corporater BI & Analytics Software Market Research Report
By Type
On-premises, On-demand
By Application
Small and medium-sized enterprises, Large enterprises
By Companies
Microsoft, IBM, SAP, Oracle, Tableau Software, SAS Institute, Qlik, MicroStrategy, Information Builders, TIBCO Software, Pentaho, Yellowfin, Sisense, Panorama, Zoho Analytics, Salesforce, ThoughtSpot, Dundas, Teradata Corporation, Informatica
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.

Global Corporater BI & Analytics Software Market Report Segments:
The global Corporater BI & Analytics Software market is segmented on the basis of:
Types
On-premises, On-demand
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
Small and medium-sized enterprises, Large enterprises
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:
Microsoft
IBM
SAP
Oracle
Tableau Software
SAS Institute
Qlik
MicroStrategy
Information Builders
TIBCO Software
Pentaho
Yellowfin
Sisense
Panorama
Zoho Analytics
Salesforce
ThoughtSpot
Dundas
Teradata Corporation
Informatica



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Highlights of The Corporater BI & Analytics 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:
On-premises
On-demand
By Application:
Small and medium-sized enterprises
Large enterprises
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 Corporater BI & Analytics 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
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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

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