Business Intelligence Market Growing at a CAGR 7.6% | Key Player IBM, Oracle, Microsoft, SAP, SAS Institute

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (AB Digital via COMTEX) —
The global Business Intelligence Market size to grow from USD 23.1 billion in 2020 to USD 33.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period. 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 generation are expected to drive the growth of the business intelligence market.

The fianace business function to hold a larger market size during the forecast period

Finance business function segment is expected to hold a larger market share during the forecast period. The growth is attributed to the increased need of financial organizations to analyze vast amounts of customer data to gain insights about the customers

Read More