October 31, 2020

Business Intelligence (BI) and Analytics Platforms Market 2020-2024: Forecasting Strategy to Undergo A Paradigm Shift from

  Business Intelligence (BI) and Analytics Platforms Market 2020-2024:
  Forecasting Strategy to Undergo A Paradigm Shift from Crisis to New Normal
  during COVID-19 Pandemic | Technavio

Business Wire

LONDON -- September 24, 2020

The business intelligence (BI) and analytics platforms market will witness an
incremental growth of USD 12.62 billion during 2020-2024, according to the
latest pandemic recovery-based research report by Technavio. Factors such as
imposition of worldwide lockdowns have partially halted operations and
affected supply chains and logistics. This has further impacted economies
around the globe, resulting in an overall slowdown during 2020. However,
businesses are gradually carving out unique pathways to recover from the
COVID-19 crisis. With the exemption of lockdowns, growing incorporation of
active social distancing and remote working, and surging entries of players in
digital marketplaces, various industry and market conditions are likely to
improve by early 2021.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20200924005357/en/

Technavio has announced its latest market research report titled Global
Business Intelligence (BI) and Analytics Platforms Market 2020-2024 (Graphic:
Business Wire)

Technavio has announced its latest market research report titled Global
Business Intelligence (BI) and Analytics Platforms Market 2020-2024 (Graphic:
Business Wire)

 Get Free Business Intelligence (BI) and Analytics Platforms Market 2020-2024
                                   Sample!

COVID-19 Highlights

  * Information Technology industry will have Mixed impact due to the pandemic
  * Business intelligence (BI) and analytics platforms market is expected to
    witness Positive growth during 2020-2024
  * Information Technology Industry will witness Direct impact during the
    forecast period
  * Business intelligence (BI) and analytics platforms market growth is likely
    to Increase in 2020 compared to 2019 due to Positive YOY

Markets across the globe have faced the economic wrath of the pandemic and are
dealing with uncertainties by banking on the online marketspace to reach out
for a wider target audience. This business intelligence (BI) and analytics
platforms market research report encompasses all possible factors expected to
drive the market growth and create opportunities for all the stakeholders in
the supply chain. View detailed business intelligence (BI) and analytics
platforms market insights here:
https://www.technavio.com/report/business-intelligence-and-analytics-platforms-market-industry-analysis

Key Business Intelligence (BI) and Analytics Platforms Market Research
Findings

  * A CAGR of almost 10% is expected to be recorded in business intelligence
    (BI) and analytics platforms market during 2020-2024
  * BFSI segment will hold the largest market share. The BFSI sector is
    expected to deploy business intelligence and analytics solutions for
    detecting and reducing financial fraud, measuring credit risk, and
    retaining valuable customers.
  * North America will account for the highest incremental growth. The growing
    healthcare sector and the significant amount of data produced in North
    America will significantly drive BI and analytics platforms market growth
    in this region over the forecast period.
  * Rising need to improve business efficiency will boost the business
    intelligence (BI) and analytics platforms market growth
  * Flourishing medical tourism industry globally will have a positive impact
    on the business intelligence (BI) and analytics platforms market
  * Rising data privacy and security concerns is likely to create hindrance
    for the business intelligence (BI) and analytics platforms market

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 opportunities shaping markets and industries toward an economic bounce back,

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Business Intelligence (BI) and Analytics Platforms Market Vendor Participation
Scenario

  * Market is Fragmented
  * Several leading companies in the market are focusing on restoring their
    economic activity
  * Vendors are concentrating on growth prospects from fast-growing segments
    while retaining their positions in slow-growing segments.
  * Prominent business intelligence (BI) and analytics platforms market
    players are Hitachi Ltd., International Business Machines Corp., Microsoft
    Corp., MicroStrategy Inc., Oracle Corp., QlikTech international AB, SAP
    SE, SAS Institute Inc., Tableau Software LLC, and TIBCO Software Inc.

With more companies navigating the pandemic gradually, this research analysis
can be personalized to create a recovery path for the market participants. Try
 out our $1000 Worth Free Report Customization by Speaking to our Analyst or
                               Industry Expert

Key Considerations for Market Forecast

  * Products and services used to manage or contain the spread of COVID-19
    virus
  * Products and services used for the treatment of COVID-19 virus
  * Impact of lockdowns, supply chain disruptions, demand destruction, and
    change in customer behavior
  * Optimistic, base case, and pessimistic scenarios for all markets as the
    impact of pandemic unfolds
  * Pre- and post-COVID 19 market estimates
  * Quarterly impact analysis as the spread reaches global level and updates
    on market estimates

             Request for a FREE Sample on the Impact of COVID-19

Table of Contents:

Executive Summary

Market Landscape

  * Market ecosystem
  * Value chain analysis

Market Sizing

  * Market definition
  * Market segment analysis
  * Market size 2019
  * Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  * Five forces summary
  * Bargaining power of buyers
  * Bargaining power of suppliers
  * Threat of new entrants
  * Threat of substitutes
  * Threat of rivalry
  * Market condition

Market Segmentation by End-user

  * Market segments
  * Comparison by End-user
  * BFSI - Market size and forecast 2019-2024
  * Healthcare - Market size and forecast 2019-2024
  * ICT - Market size and forecast 2019-2024
  * Government - Market size and forecast 2019-2024
  * Others - Market size and forecast 2019-2024
  * Market opportunity by End-user

Customer landscape

Geographic Landscape

  * Geographic segmentation
  * Geographic comparison
  * North America - Market size and forecast 2019-2024
  * Europe - Market size and forecast 2019-2024
  * APAC - Market size and forecast 2019-2024
  * MEA - Market size and forecast 2019-2024
  * South America - Market size and forecast 2019-2024
  * Key leading countries
  * Market opportunity by geography
  * Market drivers – Demand led growth
  * Market challenges
  * Market trends

Vendor Landscape

  * Vendor landscape
  * Landscape disruption

Vendor Analysis

  * Vendors covered
  * Market positioning of vendors
  * Hitachi Ltd.
  * International Business Machines Corp.
  * Microsoft Corp.
  * MicroStrategy Inc.
  * Oracle Corp.
  * QlikTech international AB
  * SAP SE
  * SAS Institute Inc.
  * Tableau Software LLC
  * TIBCO Software Inc.

Appendix

  * Scope of the report
  * Currency conversion rates for US$
  * Research methodology
  * List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
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competitive positions within changing market scenarios.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20200924005357/en/

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