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Pune, India, January 18, 2022 (GLOBE NEWSWIRE) — Global business intelligence market The scale is expected to reach Dollar 43.03 billion By 2028, the compound annual growth rate is 8.7% during the forecast period.market stand $22.26 billion reach in 2020 $24.05 billion by 2021. Rapid digitization, emergence of some online businesses, and strong demand for data personalization are expected to drive the market growth. Fortune Business Insights™ in its title “Business Intelligence Market, 2021-2028.”
BI is data analysis software that tracks data and provides organizations with simplified information to help them make effective business decisions. Rapid digitization leads to fragmentation of large amounts of data, thus requiring data analysis software. Additionally, the emergence of some online businesses and startups may increase BI adoption. Furthermore, the growing demand for effective data management solutions is expected to drive the market in the coming years.
Request a sample PDF brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/business-intelligence-bi-market-103742
List of key players profiled in this market report
- Microsoft Corporation (Washington, USA)
- Tableau Software, LLC (Salesforce) (Washington, USA)
- IBM Corporation (New York, USA)
- SAS Institute Inc. (North Carolina, USA)
- SAP SE (Walldorf, Germany)
- Oracle Corporation (California, USA)
- Sisense Inc. (Pennsylvania, USA)
- Domo, Inc. (Utah, USA)
- Yellowfin International Pty Ltd (Melbourne, Australia)
- Infor (Birst) (New York, USA)
Report Scope and Segmentation –
| Report Scope | detail |
| forecast period | 2021-2028 |
| CAGR during forecast period 2021-2028 | 8.7% |
| 2028 Value Forecast | $43.03 billion |
| base year | 2020 |
| Market size in 2020 | $22.26 billion |
| historical data | 2017-2019 |
| number of pages | 160 |
| Market segments covered |
The full story is available on Benzinga.com
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