The global business intelligence and analytics platforms market size is expected to reach USD 84.25 Billion at a revenue CAGR of 11.9% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of business intelligence and analytics platforms can be attributed to rising demand for rapid and precise analysis of business data. Business intelligence and analytics platforms allow businesses to use customized reports or templates to monitor Key Performance Indicators (KPIs) through several data sources, such as financial, sales & marketing, and operations data. Business Intelligence (BI) reports are prepared in real time to aid businesses to take accurate and fast data-backed decisions. These platforms generally deliver easy to comprehend visualizations, including graphs, charts, and tabular data presentations. Moreover, certain business intelligence and analytics platforms generate interactive reports to enable users to switch between different variables to derive a better understanding of key business metrics.

The global Business Intelligence and Analytics Platforms Market report published by Emergen Research assesses the Business Intelligence and Analytics Platforms market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Business Intelligence and Analytics Platforms market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Business Intelligence and Analytics Platforms market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Microsoft Corporation, SAS Institute Inc., IBM Corporation, MicroStartegy Inc., Tableau Software LLC, Tibco Software Inc., Oracle Corporation, QlikTech International AB, SAP SE, and Hitachi Vantara Corporation

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Emergen Research has segmented the global Business Intelligence and Analytics Platforms market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

  • Platform Type Outlook (Revenue, USD Billion; 2018–2028)

    • Business Intelligence Platforms
    • Advanced & Predictive Analytics Platforms
    • Corporate Performance Management (CPM) Suite
    • Others
  • Organization Size Outlook (Revenue, USD Billion; 2018–2028)

    • Large Enterprise
    • Small & Medium Sized Enterprises
  • Mode of Deployment Outlook (Revenue, USD Billion; 2018–2028)

    • Cloud-based
    • On-Premises