Business intelligence Market Size, Latest Trends, Analysis and Forecast Report to 2027
The global Business Intelligence market is studied in detail in the new report on Qualiket Research. The new report studies the Business Intelligence market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.
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Business Intelligence market is the category of technological solutions and services employed by an organization for the analysis of data created through business operations and analysis of information associated with structure of business. Business Intelligence market involves the usage of intelligence technologies which handle significant amount of data.
Market Drivers
Increase in usage of cloud computing systems is the key driving factors which are expected to boost the global Business Intelligence Market growth. Furthermore, rise in demand for analysis-based and data evident business decisions will have the positive impact on market growth. Moreover, increase in growth of advanced analytics and adoption of data-driven decision making will drive the market growth. Also, increase in usage of this technology by small and medium enterprises will drive the market growth in near future.
Market Restraints
However, high installation and integration cost is the major challenging factor which is expected to hinder the global Business Intelligence Market growth. Also, variations in structure of industries and regions causing complications in regulations will affect the market growth.
Market Key Players       Â
Various key players are discussed in this report such as Microsoft Corporation, International Business Machines Corporation, SAP SE, Oracle Corporation, Tableau Software, SAS Institute, Qlik Technologies, and MicroStrategy, Inc.
Market Taxonomy
By Deployment type
- On-premise
- On-demand
By Component
- Platform
- Software
- Services
By End Use Industry
- Manufacturing
- Retail & Consumer Goods
- Media & Entertainment
- Energy & Utilities
- Government & Defense
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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