Business Intelligence Market Outlook (2023 to 2033)

The market of business intelligence is anticipated to grow remarkably between 2023 and 2033. According to the recent research report published by the FMI (future market insights), the global business intelligence market is expected to reach USD 28,216.8 million in 2023. It is expected to be valued at USD 56,200.9 million by 2033. The BI (business intelligence) market is expected to grow with CAGR of 7.1% from 2023 to 2033.

The business intelligence industry thrives on the growing digitization of corporate spaces that need data processing and analytical software support and solutions. Along with increased use of cloud and big data in business integration programs.

As the data visualization dashboard and integrated business modeling take place in the new corporate practices, the use of business intelligence platforms along with data analytics software provide helps the data generation. The adoption of advanced cutting-edge technology is increasing competition in the market space leading companies to adopt business intelligence platforms.

Attributes Details
Business Intelligence Market Share (2022) USD 26,745.8 million
Business Intelligence Market Share (2023) USD 28,216.8 million
Business Intelligence Market Share (2033) USD 56,200.9 million
Business Intelligence Market CAGR (2023 to 2033) 7.1%

Business Intelligence Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)

The business intelligence market size expanded globally at a CAGR of 5.0% from 2018 to 2022. In the year 2018, the business intelligence market size stood globally at USD 21,962.1 million. In the following years, the BI (business intelligence) market has experienced worldwide significant growth, accounting for USD 26,745.8 million in 2022.

The spread of the digital technologies, Vendors in the business intelligence market are producing and gathering massive amounts of data from several sources such as social media, supply chains, transactions of sales, and other databases.

The gaining and managing valued insights from the data is difficult due to the complexity of the data, which is growing. To assist enterprises to make sense of complicated data and get insightful knowledge, business intelligence technologies offer the required skills to collect, clean, and analyse huge datasets.

What are the Key Drivers and Restraints for the Growth of the Market?

With the ongoing trends in businesses and frequently rising competition, the role of business intelligence platforms is increasing. As it provides a perspective that companies use in navigating multiple channels is increasing.

The prominent factors driving the sales of business intelligence systems are the growing demand for integrated business models. Along with advanced technology such as machine learning, the Internet of Things (IoT), artificial intelligence, and predictive decision-making. The advanced analytics and better statistical support provided by the business intelligence system are also helping the market grow.

Machine learning, along with business intelligence systems, helps the corporate spaces in problem-solving tactics and predicting possible conclusions. This also helps in optimizing internal business processes, increasing revenue growth, and integrating systems. To enhance processing, providing a competitive edge to the companies over other brands.

The data visualization dashboard provides quantitative data analysis and competitive analysis. These integrated features help the companies in hitting their KPIs that push their score in the market rankings. Businesses like healthcare, education, and IT hold high expectations from business intelligence platforms with new features like perspective building, salesforce research, and surveys.

Business intelligence platforms have provided great help to businesses in looking at their operations, revenue generation, and sales in past years. It provided an estimated idea or forecast of a company’s performance with the help of data visualization. This data helped multiple companies in countering the impact of the pandemic and provided a silver lining to a lot of businesses.

The metric collection is done with the help of survey tools in order to provide a segmented outlook of multiple dimensions of a business. It is another process that business intelligence platforms help the corporates with, integrating with new generation technology.

Apart from the benefits that business intelligence platforms provide, high capital investment and unjustified ROI are some challenges that the business intelligence industry faces. This involves the implementation, maintenance, and training costs that don’t justify the return on investment. Another restraint that the market of business intelligence faces is the incubation phase of the market.

This doesn’t allow the market to function properly as there are frequent advancements. Integration of business intelligence platforms in any space is another crucial factor that challenges the growth of the market. As it involves complex implementation processes like cloud deployments that are disturbed by the unavailability of certain components and other security issues.

Category-wise Insights

What is the Segmentation Outlook for the Business Intelligence Industry?

The market is categorized by component, deployment mode, organization size, business function, and vertical. These categories are further divided into small segments that expand their channels in multiple market spaces. These segments perform differently in multiple markets as they have a stronghold in multiple regions.

The component category is segmented into solutions and services, while deployment mode is segmented into on-premise and cloud. The organization size divides the segments into large enterprises, SMEs, and verticals are segmented into retail, manufacturing, government & public services, media & entertainment, transportation & logistics, BFSI, Telecom & IT, healthcare & life sciences, and tourism & hospitality.

Which Segment is likely to Lead the Market by Components?

In the component segment, the solutions sub segment holds the prominent portion during the forecasted period. The solutions segment is growing at the promising CAGR of 6.9%. In 2022, the solutions segment holds the dominant market share of 68.9%. The solutions segment is further sub- segmented into dashboards and scorecards, data integration and ETL, reporting and visualization, and query & analysis. The growth of this segment is attributed to easy implementation and fewer maintenance charges for these systems.

Which Segment is likely to Lead the Market by Deployment?

By deployment, the cloud segment is the dominant segment of the deployment category and is likely to hold a prominent portion of the market. This segment is recording a moderate CAGR of 6.4% and expanding the market in new regions. The factors behind the growth of this segment are safe and secure deployment, enhanced storage, and better maintenance. Another segment that is on-premise is also growing with the personalized use of business intelligence systems.

Which Segment is likely to Lead the Market by Vertical Segment?

In the vertical segment, the BFSI sector is leading segment in the business intelligence market and is expected to hold a prominent share in the forecast period. The growth of this segment is due to the rapid expansion of the banking sector in different countries and technological advancements in banking and financial services. The healthcare and life sciences segment is expected to record the maximum CAGR in the forecast period

The sales and marketing segment in the business function segment is excepted to the grow rapidly during the forecast period. The sales and marketing segment carries the 42.3% share in the worldwide business intelligence market.

Country-wise Insights

What is the Regional Outlook for the Business Intelligence Market?

The global business intelligence market is bifurcated into following regions, North America, Latin America, Asia Pacific, Europe and Middle East and Africa (MEA). The North America region is holds dominant market share in the global BI Market. In the NORTH AMERICA region, the USA, which is growing at a pace of the 7.0% (CAGR) between 2023 to 2033 period. The country is expected to holds the market size of USD 18.3 million by the end of 2033.

IT spaces, and expanding banking and finance sector are generating the demand for upgrades in their business structure, including their management and analytics. Another reason behind the high growth of the business intelligence platform market in this region is high competition and new private players in the sector.

Besides this, the China in the APAC region is the second most growing market in business intelligence after the USA. The Chinese BI market size will be reached to USD 3.8 million by the end of 2033 as it thrives on a CAGR of 6.5% between 2023 to 2033.

The UK is growing along with China with the forecasted value of USD 2.2 million at a CAGR of 6.2% between 2023 to 2033.

The United States holds the dominant portion of the market. The United States is also the highest-growing market in the North American region the maximum-growing region. While China is the second-maximum-growing market with a CAGR of 6.3% between (2023 to 2033). Technological advancements, growing market competition, and frequently growing business intelligence industries in developed countries are pushing the demand for business intelligence solutions and services.

Countries CAGR Share in Global Market (2022)
United States 19.4%
United Kingdom 6.7%
China 8.3%
Japan 6.7%

Competitive Landscape

How is the Competition in the Market?

The competitive landscape of business intelligence is diversified and makes the market more exclusive for new players. The competitors focus on adopting advanced technology to enhance corporate workings. Business intelligence vendors focus on creating new business-specific platforms that help new types of businesses. Companies also work in the direction of making their platform more flexible so that it integrates with new-age tools like machine learning and artificial intelligence.

Recent Developments Observed by FMI:

  • For Instance, in May 2023, Ramp unveiled its plans to launch new Artificial Intelligence tools. The company aims to launch the new tools with a feature that could determine a company’s overpayments on their software contracts.
  • For Instance, in Dec 2022, Soft Ledger launched Business Intelligence Dashboard with real-time data. This release is aimed to help Chief Financial Officers (CFOs) make strategic business decisions.
  • For Instance, IBM has introduced Watson works that help businesses in letting employees return to their workplaces. Focusing on navigating many aspects that counter the impacts of coronavirus, fuelling the sales of business intelligence platforms.

Key Players in the Global Market

  • Notion
  • Microsoft Power BI
  • Tableau Software
  • NetSuite
  • SAP Crystal Solutions
  • SAP Business Objects
  • Heap Analytics
  • Cognos
  • QlikView
  • Looker
  • SAP Analytics Cloud

Scope of the Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis USD million for Value
Key Regions Covered North America; Latin America; Europe; East Asia; South Asia; Oceania; The Middle East & Africa (MEA)
Key Countries Covered United States, Canada, Germany, United Kingdom, Nordic, Russia, BENELUX, Poland, France, Spain, Italy, Czech Republic, Hungary, Rest of EMEAI, Brazil, Peru, Argentina, Mexico, South Africa, Northern Africa, GCC Countries, China, Japan, South Korea, India, ASEAN, Thailand, Malaysia, Indonesia, Australia, New Zealand, Others
Key Segments Covered Component, Organization Size, Business Function, Vertical, Deployment, Region
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Market Segmentation

By Component:

  • Solution
  • Dashboards and Scorecards
  • Data Integration and ETL
  • Reporting and Visualization
  • Query and Analysis
  • Service
  • Consulting Services
  • Deployment and Integration Services
  • Support and Maintenance Services

By Organization Size:

  • Large Enterprises
  • SMEs

By Business Function:

  • Human Resources
  • Finance
  • Operations
  • Sales and Marketing

By Vertical:

  • Retail
  • Manufacturing
  • Government and Public Services
  • Media Entertainment
  • Transportation and Logistics
  • BFSI
  • Telecom and IT
  • Healthcare and Hospitality

By Deployment:

  • On-premise
  • Cloud

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa (MEA)

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
    • 5.1. Solution
    • 5.2. Dashboards and Scorecards
    • 5.3. Data Integration and ETL
    • 5.4. Reporting and Visualization
    • 5.5. Query and Analysis
    • 5.6. Service
    • 5.7. Consulting Services
    • 5.8. Deployment and Integration Services
    • 5.9. Support and Maintenance Services
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Organization Size
    • 6.1. Large Enterprises
    • 6.2. SMEs
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Business Function
    • 7.1. Human Resource
    • 7.2. Finance
    • 7.3. Operations
    • 7.4. Sales and Marketing
  • 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vertical
    • 8.1. Retail
    • 8.2. Manufacturing
    • 8.3. Government and Public Services
    • 8.4. Media and Entertainment
    • 8.5. Transportation and Logistics
    • 8.6. BFSI
    • 8.7. Telecom and IT
    • 8.8. Healthcare and Hospitality
  • 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment
    • 9.1. On-premise
    • 9.2. Cloud
  • 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Europe
    • 10.4. South Asia
    • 10.5. East Asia
    • 10.6. Oceania
    • 10.7. MEA
  • 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 16. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 17. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 18. Key Countries Market Analysis
  • 19. Market Structure Analysis
  • 20. Competition Analysis
    • 20.1. IBM
    • 20.2. Oracle
    • 20.3. Microsoft
    • 20.4. SAP
    • 20.5. Google
    • 20.6. Tableau Software
    • 20.7. QlikTech International AB
    • 20.8. SAS Institute Inc.
    • 20.9. MicroStrategy Incorporated
    • 20.10. Information Builders Inc.
    • 20.11. TIBCO Software Inc.
  • 20. Assumptions & Acronyms Used
  • 21. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 4: Global Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 6: Global Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 10: North America Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 12: North America Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 16: Latin America Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 18: Latin America Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 22: Europe Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 24: Europe Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 25: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: South Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 27: South Asia Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 28: South Asia Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 29: South Asia Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 30: South Asia Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 31: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: East Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 33: East Asia Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 34: East Asia Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 35: East Asia Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 36: East Asia Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 38: Oceania Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 39: Oceania Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 40: Oceania Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 41: Oceania Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 42: Oceania Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

Table 43: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 44: MEA Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 45: MEA Market Value (US$ Million) Forecast by Organization Size, 2018 to 2033

Table 46: MEA Market Value (US$ Million) Forecast by Business Function, 2018 to 2033

Table 47: MEA Market Value (US$ Million) Forecast by Vertical, 2018 to 2033

Table 48: MEA Market Value (US$ Million) Forecast by Deployment, 2018 to 2033

List of Figures

Figure 1: Global Market Value (US$ Million) by Component, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 4: Global Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 5: Global Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 6: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 7: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 10: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 11: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 12: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 13: Global Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 16: Global Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 17: Global Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 18: Global Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 19: Global Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 20: Global Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 21: Global Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 22: Global Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 23: Global Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 24: Global Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 25: Global Market Attractiveness by Component, 2023 to 2033

Figure 26: Global Market Attractiveness by Organization Size, 2023 to 2033

Figure 27: Global Market Attractiveness by Business Function, 2023 to 2033

Figure 28: Global Market Attractiveness by Vertical, 2023 to 2033

Figure 29: Global Market Attractiveness by Deployment, 2023 to 2033

Figure 30: Global Market Attractiveness by Region, 2023 to 2033

Figure 31: North America Market Value (US$ Million) by Component, 2023 to 2033

Figure 32: North America Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 33: North America Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 34: North America Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 35: North America Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 36: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 37: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 40: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 41: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 42: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 43: North America Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 44: North America Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 45: North America Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 46: North America Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 47: North America Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 48: North America Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 49: North America Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 50: North America Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 51: North America Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 52: North America Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 53: North America Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 54: North America Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 55: North America Market Attractiveness by Component, 2023 to 2033

Figure 56: North America Market Attractiveness by Organization Size, 2023 to 2033

Figure 57: North America Market Attractiveness by Business Function, 2023 to 2033

Figure 58: North America Market Attractiveness by Vertical, 2023 to 2033

Figure 59: North America Market Attractiveness by Deployment, 2023 to 2033

Figure 60: North America Market Attractiveness by Country, 2023 to 2033

Figure 61: Latin America Market Value (US$ Million) by Component, 2023 to 2033

Figure 62: Latin America Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 63: Latin America Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 64: Latin America Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 65: Latin America Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 66: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 67: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 70: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 71: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 72: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 73: Latin America Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 74: Latin America Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 75: Latin America Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 76: Latin America Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 77: Latin America Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 78: Latin America Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 79: Latin America Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 80: Latin America Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 82: Latin America Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 83: Latin America Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 84: Latin America Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 85: Latin America Market Attractiveness by Component, 2023 to 2033

Figure 86: Latin America Market Attractiveness by Organization Size, 2023 to 2033

Figure 87: Latin America Market Attractiveness by Business Function, 2023 to 2033

Figure 88: Latin America Market Attractiveness by Vertical, 2023 to 2033

Figure 89: Latin America Market Attractiveness by Deployment, 2023 to 2033

Figure 90: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 91: Europe Market Value (US$ Million) by Component, 2023 to 2033

Figure 92: Europe Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 93: Europe Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 94: Europe Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 95: Europe Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 96: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 97: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 100: Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 101: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 102: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 103: Europe Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 104: Europe Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 105: Europe Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 106: Europe Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 107: Europe Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 108: Europe Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 109: Europe Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 110: Europe Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 111: Europe Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 112: Europe Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 113: Europe Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 114: Europe Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 115: Europe Market Attractiveness by Component, 2023 to 2033

Figure 116: Europe Market Attractiveness by Organization Size, 2023 to 2033

Figure 117: Europe Market Attractiveness by Business Function, 2023 to 2033

Figure 118: Europe Market Attractiveness by Vertical, 2023 to 2033

Figure 119: Europe Market Attractiveness by Deployment, 2023 to 2033

Figure 120: Europe Market Attractiveness by Country, 2023 to 2033

Figure 121: South Asia Market Value (US$ Million) by Component, 2023 to 2033

Figure 122: South Asia Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 123: South Asia Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 124: South Asia Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 125: South Asia Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 126: South Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 127: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 128: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 129: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 130: South Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 131: South Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 132: South Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 133: South Asia Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 134: South Asia Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 135: South Asia Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 136: South Asia Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 137: South Asia Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 138: South Asia Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 139: South Asia Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 140: South Asia Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 141: South Asia Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 142: South Asia Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 143: South Asia Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 144: South Asia Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 145: South Asia Market Attractiveness by Component, 2023 to 2033

Figure 146: South Asia Market Attractiveness by Organization Size, 2023 to 2033

Figure 147: South Asia Market Attractiveness by Business Function, 2023 to 2033

Figure 148: South Asia Market Attractiveness by Vertical, 2023 to 2033

Figure 149: South Asia Market Attractiveness by Deployment, 2023 to 2033

Figure 150: South Asia Market Attractiveness by Country, 2023 to 2033

Figure 151: East Asia Market Value (US$ Million) by Component, 2023 to 2033

Figure 152: East Asia Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 153: East Asia Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 154: East Asia Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 155: East Asia Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 156: East Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 157: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 158: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 159: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 160: East Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 161: East Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 162: East Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 163: East Asia Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 164: East Asia Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 165: East Asia Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 166: East Asia Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 167: East Asia Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 168: East Asia Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 169: East Asia Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 170: East Asia Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 171: East Asia Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 172: East Asia Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 173: East Asia Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 174: East Asia Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 175: East Asia Market Attractiveness by Component, 2023 to 2033

Figure 176: East Asia Market Attractiveness by Organization Size, 2023 to 2033

Figure 177: East Asia Market Attractiveness by Business Function, 2023 to 2033

Figure 178: East Asia Market Attractiveness by Vertical, 2023 to 2033

Figure 179: East Asia Market Attractiveness by Deployment, 2023 to 2033

Figure 180: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 181: Oceania Market Value (US$ Million) by Component, 2023 to 2033

Figure 182: Oceania Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 183: Oceania Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 184: Oceania Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 185: Oceania Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 186: Oceania Market Value (US$ Million) by Country, 2023 to 2033

Figure 187: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 188: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 189: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 190: Oceania Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 191: Oceania Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 192: Oceania Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 193: Oceania Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 194: Oceania Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 195: Oceania Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 196: Oceania Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 197: Oceania Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 198: Oceania Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 199: Oceania Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 200: Oceania Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 201: Oceania Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 202: Oceania Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 203: Oceania Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 204: Oceania Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 205: Oceania Market Attractiveness by Component, 2023 to 2033

Figure 206: Oceania Market Attractiveness by Organization Size, 2023 to 2033

Figure 207: Oceania Market Attractiveness by Business Function, 2023 to 2033

Figure 208: Oceania Market Attractiveness by Vertical, 2023 to 2033

Figure 209: Oceania Market Attractiveness by Deployment, 2023 to 2033

Figure 210: Oceania Market Attractiveness by Country, 2023 to 2033

Figure 211: MEA Market Value (US$ Million) by Component, 2023 to 2033

Figure 212: MEA Market Value (US$ Million) by Organization Size, 2023 to 2033

Figure 213: MEA Market Value (US$ Million) by Business Function, 2023 to 2033

Figure 214: MEA Market Value (US$ Million) by Vertical, 2023 to 2033

Figure 215: MEA Market Value (US$ Million) by Deployment, 2023 to 2033

Figure 216: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 217: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 218: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 219: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 220: MEA Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 221: MEA Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 222: MEA Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 223: MEA Market Value (US$ Million) Analysis by Organization Size, 2018 to 2033

Figure 224: MEA Market Value Share (%) and BPS Analysis by Organization Size, 2023 to 2033

Figure 225: MEA Market Y-o-Y Growth (%) Projections by Organization Size, 2023 to 2033

Figure 226: MEA Market Value (US$ Million) Analysis by Business Function, 2018 to 2033

Figure 227: MEA Market Value Share (%) and BPS Analysis by Business Function, 2023 to 2033

Figure 228: MEA Market Y-o-Y Growth (%) Projections by Business Function, 2023 to 2033

Figure 229: MEA Market Value (US$ Million) Analysis by Vertical, 2018 to 2033

Figure 230: MEA Market Value Share (%) and BPS Analysis by Vertical, 2023 to 2033

Figure 231: MEA Market Y-o-Y Growth (%) Projections by Vertical, 2023 to 2033

Figure 232: MEA Market Value (US$ Million) Analysis by Deployment, 2018 to 2033

Figure 233: MEA Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033

Figure 234: MEA Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033

Figure 235: MEA Market Attractiveness by Component, 2023 to 2033

Figure 236: MEA Market Attractiveness by Organization Size, 2023 to 2033

Figure 237: MEA Market Attractiveness by Business Function, 2023 to 2033

Figure 238: MEA Market Attractiveness by Vertical, 2023 to 2033

Figure 239: MEA Market Attractiveness by Deployment, 2023 to 2033

Figure 240: MEA Market Attractiveness by Country, 2023 to 2033

Frequently Asked Questions

What is the CAGR of the Business Intelligence Market?

The market is set to thrive at a CAGR of 7.1% by 2033.

Which is the Leading Region in the Business Intelligence Market?

The United States is expected to be the dominant region in the market with a CAGR of 67.0% by 2033.

Which Segment Leads in the Business Intelligence Market by Component?

Solutions are the leading segment in the business intelligence market by component.

What is the Growth Estimated for the Business Intelligence Industry by 2033?

The market is set to reach USD 56,200.9 million by 2033.

Which Region Has the Maximum Growth Potential?

North America has the maximum growth potential in the market, whereas the United States has the maximum growth rate of 7.0% by 2033.

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