Although, cloud hosting being a preferred strategy, many vendors opt for an on-premise BI strategy. Even though the advantages of adopting BI software are plenty, the initial investment of buying a suitable BI platform or software, implementing it in the organization, and training the employees on utilizing it is high. Cloud deployment enables business applications to be scaled quickly, can be easily integrated with third-party applications, and provides security at all levels of the enterprise IT architecture so that these applications can be monitored remotely. Home » Reports » Global Business Intelligence Market Size, Status and Forecast 2019-2025. The Business Intelligence (BI) Market was valued at USD 20.516 billion in 2019 and is expected to reach USD 40.50 billion by 2025, at a CAGR of 12% over the forecast period 2020 - 2025. This is a business that enables you to earn profit without being involved in selling out and shipping small to. Avail customized purchase options to meet your exact research needs. The small and medium enterprises are increasingly adopting cloud BI software owing to its cost-effectiveness. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". This is expected to provide lucrative business opportunities for BI software industry participants over the forecast period. As manufacturing costs are growing rapidly following a decline in profit margins, government regulations are also thickening for the manufacturing sector all across the globe. Major advantages of on-premise implementation include a high degree of customization and resultantly incurs lower costs if there are any additional resources. This dominance can be attributed to increased deployment of BI software to enable constant access to the client database, secure transactions, and enhanced client experience. Various factors such as the growing focus on digital transformation, rising investments in analytics, rising demand for dashboards for data visualization, increase in adoption of cloud, and increase in data … Global Digital Pathology Market To Surpass Valuation Of US$ 980 Million By 2024 …, The market research report titled “Global Digital Pathology Market To Surpass Valuation Of US$ 980 Million By 2024 - ZMR” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Digital Pathology Market. This is further expected to drive demand for the cloud business intelligence software over the forecast period. Significant adoption of BI software and tools, outsourcing activities for cloud deployment, and demand for customer insights are some of the major highlights for the growth of the Asia Pacific regional market. The global contact center intelligence market size is expected to reach USD 5.78 billion by 2027, registering a CAGR of 23.5% from 2020 to 2027, according to … The global social business intelligence market was valued at US$ 19,043Mn in 2019 and is forecast to reach a value of US$ 30,049Mn by 2027 at a CAGR of 5.9% between 2020 and 2027. View market snapshot before purchasing. As the growing dependency on data continues to rise, so too will the demand for BI tools. Please fill out the form below for a free PDF report sample & BFSI is the leading end-use segment in 2018 accounting for a high revenue share. All rights reserved. Dec 02, 2020 (Market Insight Reports) -- Selbyville, Delaware. The insurance industry is expected to confront the pressure associated with cost-efficiency. Jackpot Money, LLC For instance, options such as subscription, pay-per-use, and pay-as-you-go are some of the prominent techniques that help an organization to scale its data. Business Intelligence Market research report which provides an in-depth examination of the market scenario regarding market size, share, demand, growth, trends, and forecast for 2020-2026. Organizations in the region are focusing to enhance their management system and increase overall efficiency to stay competitive in the market. From their initial versions called decision support systems (DSS) that first came out in the 1960s, business intelligence tools had undergone far longer and more extension developments compared to other software technologies today. For this study, Grand View Research has segmented the global business intelligence (BI) software market report based on technology, function, tool, deployment, enterprise size, end-use, and region. It also comprises the competitive landscape within the market together with a, Global Healthcare IT Outsourcing Market To Surpass Valuation Of US$ 73.1 Billion …, The market research report titled “Global Healthcare IT Outsourcing Market To Surpass Valuation Of US$ 73.1 Billion by 2024 - ZMR” and published by Zion Market Research provides an insightful comprehension about the growth aspects, dynamics, and working of the global Healthcare IT Outsourcing Market.