Understanding the Business Intelligence and Analytics Software Market
As a businessman, it’s important to have a good understanding of the business intelligence and analytics software market. In this article, we will take a closer look at this market and discuss the rising demand and market consolidation.
Report Scope of the Business Intelligence and Analytics Software Market
This research report covers the analysis of the regional and country-level market dynamics in the business intelligence and analytics software market. It provides a competitive overview that includes company market shares and profiles for the major revenue-contributing companies. Additionally, it includes a detailed competitive outlook that covers the market shares and profiles of key participants in the business intelligence and analytics software market.
Market Insights
The business intelligence and analytics software market is divided into several segments including Business Intelligence (BI) Platform, Advanced & Predictive Analytics, Analytics Application, Content Analytics, and Corporate Performance Management Suite. Based on deployment, it is segmented into Cloud and On-Premises. Additionally, based on the end-user industry, it is segmented into BSFI, Education, Energy & Power, Government, Healthcare, Manufacturing, Media & Entertainment, Retail, and Telecom & IT.
Competitive Rivalry
The major players in the business intelligence and analytics software market include Alteryx, Tibco Software, Tableau Software Inc., Salesforce, SAS Institute Inc., SAP, GoodData Co, Microsoft Co, IB, Oracle Co, etc. These companies are involved in various growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in various stages of the value chain.
Business Intelligence and Analytics Software Market Segmentations
There are several segments of the business intelligence and analytics software market including:
- By Platform: Business Intelligence Platform, Corporate Performance Management Suite, Advanced & Predictive Analytics, Analytics Application, and Content Analytics.
- By Deployment: Cloud and On-premises.
- By End-user Industry: Retail, Telecom & IT, Manufacturing, Media & Entertainment, Government, Healthcare, Education, Energy & Power, BSFI, etc.
- By Organization Size: Small and medium businesses as well as large-scale enterprises.
- By Service: Professional services and managed service.
- By Region: Asia-Pacific, Europe, North America, and the rest of the world.
- By Company: IBM, Oracle Co, GoodData Co, Microsoft Co, SAS Institute Inc., SAP, Tableau Software Inc., Salesforce, Alteryx, and Tibco Software.
By having a good understanding of the business intelligence and analytics software market and its various segments, you can choose the right tools and strategies to gain a competitive edge in your industry.