Market Overview:
The global reporting tools market is expected to grow from USD 1.02 billion in 2018 to USD 2.06 billion by 2030, at a CAGR of 9.8% during the forecast period. The growth of the global reporting tools market can be attributed to the increasing demand for cloud-based reporting tools and rising need for real-time financial information among enterprises. However, data security and privacy concerns may restrain the growth of this market to some extent during the forecast period. On-premises segment is expected to hold a larger share of the global reporting tools market in 2018 On-premises segment is expected to hold a larger share of the global reporting tools market in 2018 owing to its advantages such as low cost and better control over data security.
Product Definition:
Reporting Tools is the process of collecting, organizing and analyzing data to help make better business decisions. It is important for businesses to have accurate reporting tools in order to make informed decisions about where to allocate resources, how best to serve customers and track progress against strategic goals.
On-premises:
On-premises, it's usage and growth factor in Reporting Tools market? On-premises software is a type of software that is installed and used directly as the source code is available for all processes. The on-premise solution has various advantages such as easy to maintain, customization options, no dependency on internet connection etc.
Cloud-Based:
Cloud-based is a term used for software solutions that provide data storage on the cloud. The data can be accessed from any location through an internet connection. It offers benefits such as easy accessibility, quick retrieval of information and real-time data tracking. Cloud computing has evolved as a key technology owing to its vast applications across various industry verticals including BFSI, healthcare & life sciences, public sector and utilities among others.
Application Insights:
The large enterprises segment dominated the global reporting tools market in 2017. This can be attributed to factors such as high investments by large organizations for improving internal controls and compliance with regulations. For instance, in January 2018, IBM Corporation announced that it has integrated Microsoft¢â‚¬â„¢s cloud-based Office 365 applications and services into its existing on-premises infrastructure to offer a unified communications experience to its customers worldwide.
Furthermore, growing demand for real time transparency from regulatory authorities is expected to drive the adoption of GRT solutions among SMEs over the forecast period. SMEs usually do not have sufficient resources or expertise for maintaining an efficient information technology infrastructure Therefore, they look out for low cost solutions that are easy to deploy and provide required functionality at minimal costs.
Regional Analysis:
The North American region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to the presence of a large number of global companies, such as IBM Corporation; Microsoft Corporation; Hewlett Packard Enterprise, Inc.; and CA Technologies. These companies are investing heavily in developing reporting tools that comply with international regulatory requirements. Moreover, these players have developed advanced cloud-based RRB solutions that enable users to access their reports from any device at any time.
Asia Pacific is estimated to register significant growth over the forecast period owing to increasing government initiatives pertaining toward improving accounting standards across emerging economies such as India and China among others. Furthermore, growing awareness regarding Sarbanes-Oxley Act (SOX) among small businesses will also drive regional market growth during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for data-driven decision making: The need for timely, accurate and actionable insights is driving the demand for reporting tools. Organizations are looking to reporting tools to help them make better decisions by providing them with the right data in an easily consumable format.
- Proliferation of data sources: With more and more data being generated every day, organizations are looking for ways to consolidate all their data into a single location so that they can get a better understanding of their business performance. Reporting tools help organizations do just that by consolidating all their disparate data sources into one place.
- Increased focus on compliance and governance: As businesses become increasingly complex, there is an increased focus on compliance and governance requirements. Reporting tools can play a key role in helping organizations meet these requirements by providing them with detailed reports on how their business is performing from a compliance standpoint.
- . Growing trend of self-service BI: Business users are increasingly demanding the ability to generate reports themselves without having to rely on IT staff or other experts within the organization. Reporting tools that offer self-service capabilities can help meet this demand while freeing up IT staff resources so they can focus on other important tasks..
Scope Of The Report
Report Attributes
Report Details
Report Title
Reporting Tools Market Research Report
By Type
On-premises, Cloud-Based
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Domo, Adaptive Planning, AnswerRocket, Zoho Reports, Izenda Reports, TapReports, OneStream XF, Style Intelligence, Grow BI Dashboard, Sisense, Revel Systems, SQL-RD, DBxtra, Dataccuity, EasyXLS Excel Library
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Reporting Tools Market Report Segments:
The global Reporting Tools market is segmented on the basis of:
Types
On-premises, Cloud-Based
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 Enterprises (SMEs), 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:
- Domo
- Adaptive Planning
- AnswerRocket
- Zoho Reports
- Izenda Reports
- TapReports
- OneStream XF
- Style Intelligence
- Grow BI Dashboard
- Sisense
- Revel Systems
- SQL-RD
- DBxtra
- Dataccuity
- EasyXLS Excel Library
Highlights of The Reporting Tools 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
- Cloud-Based
- By Application:
- Small and Medium Enterprises (SMEs)
- 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 Reporting Tools 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?
Reporting tools are software programs that allow users to create and manage reports. Reports can be used to track data, analyze trends, and make informed decisions.
Some of the major players in the reporting tools market are Domo, Adaptive Planning, AnswerRocket, Zoho Reports, Izenda Reports, TapReports, OneStream XF, Style Intelligence, Grow BI Dashboard, Sisense, Revel Systems, SQL-RD, DBxtra, Dataccuity, EasyXLS Excel Library.
The reporting tools market is expected to register a CAGR of 9.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reporting Tools 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 Reporting Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reporting Tools 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 Reporting Tools 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 Reporting Tools Market Size & Forecast, 2020-2028
4.5.1 Reporting Tools Market Size and Y-o-Y Growth
4.5.2 Reporting Tools 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 On-premises
5.2.2 Cloud-Based
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 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reporting Tools 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 Reporting Tools 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 On-premises
9.6.2 Cloud-Based
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 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
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 On-premises
10.6.2 Cloud-Based
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 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
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 On-premises
11.6.2 Cloud-Based
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 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
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 On-premises
12.6.2 Cloud-Based
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 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
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 On-premises
13.6.2 Cloud-Based
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 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
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 Reporting Tools Market: Competitive Dashboard
14.2 Global Reporting Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Domo
14.3.2 Adaptive Planning
14.3.3 AnswerRocket
14.3.4 Zoho Reports
14.3.5 Izenda Reports
14.3.6 TapReports
14.3.7 OneStream XF
14.3.8 Style Intelligence
14.3.9 Grow BI Dashboard
14.3.10 Sisense
14.3.11 Revel Systems
14.3.12 SQL-RD
14.3.13 DBxtra
14.3.14 Dataccuity
14.3.15 EasyXLS Excel Library
