What is Business Intelligence Platform Market?
A business intelligence platform is a platform that enables people to import, clean, and analyze data from databases, emails, videos, survey responses, and more. It provides capabilities in three categories involving analysis, information delivery and platform integration.
The market study is being classified, by Application (Healthcare, Retail, Government, BFSI, Telecom & IT and Others) and major geographies with country level break-up.
SAP(Germany), SAS(Sweden), IBM(United States), Oracle(United States), Microsoft(United States), Tibco Software(United States), Microstrategy(United States), Tableau(United States), Qlik(United States) and Pentaho(United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Business Intelligence Platform market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Business Intelligence Platform market by Type, Application and Region.
On the basis of geography, the market of Business Intelligence Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Improved Data Quality and Operational Efficiency
- Increased Competitive Advantage
Market Trend
- Increasing Adoption of Predictive Analytics
Restraints
- Need for Skilled Workforce
Opportunities
- Integration With Marketing Channels
- Cloud-Based Deployment
Challenges
- Competition from Big Software Vendors
Market Leaders and some development strategies
In June 2018, TIBCO Software Inc., a global leader in integration, API management, and analytics, has announced the acquisition of Scribe Software, an innovative, cloud-based integration service that helps more than 10,000 businesses efficiently connect Software-as-a-Service (SaaS) applications and automate data flows using an intuitive browser-based approach.
Key Target Audience
Business Intelligence Platform Providers, Research Professionals, Government Bodies and End-users