The key players in the global business analytics market are IBM, Infor, Tibco Software, Inc., Microsoft Corporation, Micro strategy Incorporated, Oracle Corporation,, QLIK Technologies, Inc., SAP SE, SAS Institute, Inc. and Tableau Software, Inc.
New York, NY -- (SBWIRE) -- 09/24/2018 -- Business Analytics Market is estimated at $44.5 billion in 2018 and is expected to reach $71.1 billion by 2022 growing at a CAGR of 6.9% from 2018 to 2025. The factors that are influencing the market growth include rising demand for the analytics by the organizations due to the growing big data trend, quickly changing business environment and customer choices. However, high execution costs and unwillingness in adoption of business analytics are some factors hindering the market growth. Moreover, scarcity of skilled workers with sound technical capabilities poses major challenge to the market.
Amongst applications, Banking, financial services & insurance (BFSI) and retail industries acquired maximum market share. Tableau was the fastest growing business analytics software company, growing around 80% in a year. North America commanded the largest market share as this region encourages the implementation of business analytics across its diverse organizations followed by Europe. Asia Pacific is extensively witnessing rise in the acceptance of business analytics.
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The key players in the global business analytics market are IBM, Infor, Tibco Software, Inc., Microsoft Corporation, Micro strategy Incorporated, Oracle Corporation,, QLIK Technologies, Inc., SAP SE, SAS Institute, Inc. and Tableau Software, Inc.
Deployment Types Covered:
- On-site
- Cloud
Applications Covered:
- Telecom and IT
- Retail
- Media and Entertainment
- Manufacturing
- Healthcare
- Government
- Energy and Power
- Education
- Banking, Financial Services and Insurance
- Other Applications
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End Users Covered:
- Small & Medium Business (SMB)
- Large Scale Enterprises
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Services Covered:
- Managed Services
- Professional Services
Table of Content
Global Business Analytics Market Research Report 2018-2025
Chapter 1: Industry Overview of Global Business Analytics Market
Chapter 2: Technologies Market International and China Market Analysis
Chapter 3: Environment Analysis of Global Business Analytics Market
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Technologies Market Revenue Market Status.
Chapter 7: Analysis of Global Business Analytics Market Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
Chapter 9: Marketing Trader or Distributor Analysis of Business Analytics Market
Chapter 10: Development Trend of Global Business Analytics Market Industry 2018-2025