Market Overview:
The global self-service BI tools market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for self-service BI tools from small and medium 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 self-service BI tools among end users is restraining the growth of this market. On basis on type, cloud-based self service BI tools are expected to witness higher adoption rates as compared to on premise based solutions during forecast period due their advantages such as scalability and low cost of ownership over traditional on premise solutions .
Product Definition:
Self-service BI tools are designed to enable business users to access and analyze data without the need for help from IT experts. They can be used to create reports, dashboards, and data visualizations, and to explore data sets.
The importance of self-service BI tools is that they give business users the ability to get insights into their data independently, without having to rely on IT staff. This can speed up decision making and allow businesses to react more quickly to changes in the market.
Cloud-based:
Cloud-based solutions are expected to witness high demand in the self-service business intelligence (BI) tools market over the forecast period. The major factor contributing to this growth is its cost effectiveness. In addition, it offers benefits such as on-demand availability of data and reduced maintenance costs which further helps organizations focus on their core competencies. It also helps them reduce their IT infrastructure costs by moving these applications and services to a cloud platform thereby increasing profitability margins for organizations.
On-premises:
On-premises is a computer system or an application installed at the customer's site. The on-premises software can be used directly without any internet connection. In other words, it is a self-contained system that requires no further support from the vendor except for maintenance and security services. It provides complete control over applications and data as well as cost saving by avoiding additional costs related to cloud infrastructure deployment model.
Application Insights:
The large enterprises segment dominated the global self-service BI tools market in 2017, accounting for over 60% of the overall revenue share. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as larger data volumes and complex business processes that require a more robust solution. In addition, technological advancements in big data analytics are further driving adoption among large enterprises. For instance, IBM Corporation announced new capabilities for its Watson Analytics Platform V6 that helps organizations with advanced analytics to improve their competitive advantage by enabling them to make better decisions faster about customers, products and company operations.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing adoption of self-service business intelligence tools by SMEs and large enterprises in North America, particularly in the U.S. Furthermore, growing demand for cloud-based self-service business intelligence solutions by small and medium enterprises is also expected to drive growth over the next eight years.
The Asia Pacific regional market for self-services Business Intelligence (BI) tools is anticipated to exhibit a significant CAGR from 2018 to 2030 owing high growth rates observed among small & medium enterprises (SMEs) and large enterprises operating across various industries such as retail, telecom & IT, BFSI etc.
Growth Factors:
- Increasing demand for data-driven decision making: The growth of self-service BI tools can be attributed to the increasing demand for data-driven decision making. Businesses are looking to make better and faster decisions, and they are turning to BI tools to help them do so.
- Increased focus on analytics: With the advent of big data, businesses have started focusing more on analytics than ever before. They are looking for ways to make use of all the data they have at their disposal in order to gain a competitive edge. BI tools play a key role in this process by helping businesses analyze their data and get insights that can help them make better decisions.
- Growing popularity of cloud computing: Cloud computing is growing in popularity at a rapid pace, and more businesses are moving their operations onto the cloud every day. This is because cloud computing offers many benefits such as scalability, flexibility, and cost savings among others. BI tools that offer cloud-based deployment options are gaining traction as a result.
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-Service BI Tools Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Cluvio, Answerdock, BOARD, Dundas BI, IBM, Sisense, Birst, Domo, Looker, Yellowfin, InetSoft, Intellicus
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Self-Service BI Tools Market Report Segments:
The global Self-Service BI Tools market is segmented on the basis of:
Types
Cloud-based, On-premises
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:
- Cluvio
- Answerdock
- BOARD
- Dundas BI
- IBM
- Sisense
- Birst
- Domo
- Looker
- Yellowfin
- InetSoft
- Intellicus
Highlights of The Self-Service BI 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:
- Cloud-based
- On-premises
- 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 Self-Service BI 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Self-service BI tools are software applications that allow users to access and analyze data without having to contact a support team. They can be used by individuals or teams who need quick access to data for analysis, but don't have the time or resources to hire a professional analyst.
Some of the major players in the self-service bi tools market are Cluvio, Answerdock, BOARD, Dundas BI, IBM, Sisense, Birst, Domo, Looker, Yellowfin, InetSoft, Intellicus.
The self-service bi tools market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-Service BI 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 Self-Service BI Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-Service BI 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 Self-Service BI 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 Self-Service BI Tools Market Size & Forecast, 2018-2028
4.5.1 Self-Service BI Tools Market Size and Y-o-Y Growth
4.5.2 Self-Service BI Tools Market Absolute $ Opportunity
Chapter 5 Global Self-Service BI Tools 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 Self-Service BI Tools Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Self-Service BI Tools 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 Self-Service BI Tools 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 Self-Service BI 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 Self-Service BI 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 Self-Service BI Tools Analysis and Forecast
9.1 Introduction
9.2 North America Self-Service BI Tools 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 Self-Service BI Tools Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
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 Self-Service BI Tools 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 Self-Service BI Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Self-Service BI Tools 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 Self-Service BI Tools Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
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 Self-Service BI Tools 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 Self-Service BI Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Self-Service BI Tools 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 Self-Service BI Tools Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
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 Self-Service BI Tools 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 Self-Service BI Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Self-Service BI Tools 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 Self-Service BI Tools Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
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 Self-Service BI Tools 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) Self-Service BI Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Self-Service BI Tools 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) Self-Service BI Tools Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
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) Self-Service BI Tools 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 Self-Service BI Tools Market: Competitive Dashboard
14.2 Global Self-Service BI Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cluvio
14.3.2 Answerdock
14.3.3 BOARD
14.3.4 Dundas BI
14.3.5 IBM
14.3.6 Sisense
14.3.7 Birst
14.3.8 Domo
14.3.9 Looker
14.3.10 Yellowfin
14.3.11 InetSoft
14.3.12 Intellicus
