세계의 비즈니스 인텔리전스(BI) 소프트웨어 시장 규모 : 전개 형태별, 조직 규모별, 용도별, 지역 범위별 및 예측

Business Intelligence Software Market Size and Forecast

Business Intelligence Software Market size was valued at USD 23.44 Billion in 2024 and is projected to reach USD 46.77 Billion by 2032, growing at a CAGR of 9.02% from 2026 to 2032.

Business intelligence software is defined as a category of applications that are designed to retrieve, analyze, and report data for better business decision-making.

These solutions are utilized to process large volumes of unstructured data from various sources, by which actionable insights are generated.

Furthermore, the importance of data-driven decision-making across industries is being emphasized by the growing adoption of business intelligence tools.

Business Intelligence Software Market Dynamics

The key market dynamics that are shaping the business intelligence software market include:

Key Market Drivers

Growing Demand for Data-Driven Decision Making: The business intelligence software market is significantly driven by enterprises' growing reliance on data-driven strategies. Businesses that use data-driven decision-making are 19 times more likely to be successful, 6 times more likely to retain consumers, and 23 times more likely to attract new ones, per a McKinsey Global Institute analysis. The demand for sophisticated business intelligence solutions that deliver actionable insights is being driven by this shift toward analytics-based decision-making.

Rise of Cloud-Based Solutions: The market for business intelligence software is changing because of the increasing use of cloud computing. According to a report, 85% of businesses will have embraced the cloud-first philosophy by 2025. Scalability, flexibility, and reduced upfront expenses are what make cloud-based business intelligence solutions appealing to companies trying to maximize their operations without making major infrastructure investments.

Increasing Volume of Data Generation: The need for business intelligence software is being driven by the businesses' exponential development in data generation. The amount of data in the world is predicted to increase from 59 zettabytes in 2020 to 175 zettabytes by 2025, per a Statista analysis. With the amount of data growing at an exponential rate, there is an increasing need for advanced business intelligence tools that view, analyze, and understand huge datasets to help firms stay ahead of the competition and gain valuable insights.

Key Challenges

Data Security Concerns: Concerns about data security and privacy are being raised as more sensitive information is being processed through BI systems. Robust security measures are needed, which increase implementation costs.

Skill Gap: A shortage of skilled professionals who effectively utilize business intelligence tools is being experienced. The full potential of BI investments is being limited by this skill gap.

Key Trends

AI and Machine Learning Integration: Artificial intelligence and machine learning capabilities are being increasingly incorporated into business intelligence software. More sophisticated analytics and predictive insights are being enabled by these technologies.

Self-Service BI: Tools that are utilized by non-technical users are being developed. The democratization of data analysis across organizations is being facilitated by this trend.

Cloud-Based Solutions: A shift towards cloud-based business intelligence solutions is being observed. Greater flexibility, scalability, and cost-effectiveness are being offered by these platforms compared to traditional on-premises systems.

Business Intelligence Software Market Regional Analysis

The regional analysis of the business intelligence software market:

North America

According to Verified Market Research, North America is estimated to dominate the business intelligence software market over the forecast period. Organizations in North America are increasingly prioritizing data-driven strategies to enhance operational efficiency and gain competitive advantages. According to a report by Gartner, 87% of organizations consider data and analytics as one of their top strategic priorities. This growing emphasis on leveraging data has driven demand for business intelligence software, enabling companies to analyze large volumes of data and make informed decisions.

The rapid advancement of cloud technology and the increasing shift toward cloud-based solutions are significant drivers of the business intelligence market. According to the U.S. Census Bureau, e-commerce sales in the U.S. rose to approximately $1 trillion in 2022, highlighting the importance of cloud-based platforms for handling vast amounts of data. Business intelligence software deployed in the cloud allows for scalability, flexibility, and enhanced collaboration, further fueling market growth.

Furthermore, the need for real-time insights to support timely decision-making is rising across industries. A report from Statista estimates that the global real-time analytics market will grow from $21.57 billion in 2021 to $73.12 billion by 2026, with North America being a significant contributor to this growth. This demand for real-time analytics is pushing organizations to adopt advanced business intelligence solutions that provide instant access to critical data and insights.

Asia Pacific

The Asia Pacific region is estimated to exhibit the highest growth during the forecast period. The Asia Pacific region is experiencing significant digital transformation as organizations increasingly adopt advanced technologies to improve operational efficiency and customer engagement. According to a report, Asia Pacific spending on digital transformation is projected to reach $2 trillion by 2023. This shift is driving the adoption of business intelligence software, enabling businesses to harness data for strategic decision-making.

With the rising volume of data generated by businesses, the demand for big data analytics solutions is increasing in the Asia Pacific region. A report estimates that the big data market in the Asia Pacific will grow from $3.7 billion in 2020 to over $15 billion by 2025. This growth is encouraging organizations to invest in business intelligence software that analyzes and interprets large datasets effectively.

Furthermore, many governments in the Asia Pacific region are promoting data-driven governance to enhance public services and operational efficiency. For instance, the Government of India launched the Digital India initiative, aiming to transform India into a digitally empowered society and knowledge economy. This push for data-driven decision-making in public sectors is driving the adoption of business intelligence software, as organizations seek solutions to manage and analyze government data effectively.

Business Intelligence Software Market: Segmentation Analysis

The Business Intelligence Software Market is segmented based on Deployment, Organization Size, Application, and Geography.

Business Intelligence Software Market, By Deployment

• Cloud
• On-Premises

Based on Deployment, the market is being segmented into Cloud and On-Premises solutions. The cloud segment is estimated to dominate the market due to its scalability, flexibility, and cost-effectiveness. Cloud-based solutions allow organizations to access real-time data analytics and insights from anywhere, facilitating remote work and decision-making. Additionally, the growing emphasis on digital transformation and the increasing adoption of cloud infrastructure among businesses are further fueling the demand for cloud-based business intelligence software. While on-premises solutions provide control and security, the cloud's ability to offer seamless updates and integrations makes it the preferred choice for many organizations, solidifying its market leadership.

Business Intelligence Software Market, By Organization Size

• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)

Based on Organization Size, the market is divided into Large Enterprises and SMEs. The SME segment is estimated to dominate the market due to the increasing need for data-driven insights among smaller businesses. SMEs are recognizing the importance of leveraging data analytics to improve operational efficiency, enhance customer experiences, and make informed decisions. As cloud-based business intelligence solutions become more affordable and accessible, many SMEs are adopting these tools to remain competitive in the market. Additionally, government initiatives and support programs aimed at promoting digital transformation among SMEs are further driving the adoption of business intelligence software, solidifying its market position.

Business Intelligence Software Market, By Application

• Sales and Marketing
• Operations
• Finance
• Human Resources
• Others

Based on Application, the market is categorized into Sales and Marketing, Operations, Finance, Human Resources, and Others. The sales and marketing segment is estimated to dominate the market due to the increasing reliance on data analytics to drive customer engagement and optimize sales strategies. Organizations are leveraging business intelligence tools to analyze customer behavior, track marketing campaign performance, and identify new market opportunities. The growing need for personalized marketing and targeted sales efforts is pushing businesses to adopt advanced analytics solutions that provide actionable insights. As a result, the focus on enhancing sales and marketing effectiveness is solidifying this segment's leadership in the market.

Business Intelligence Software Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, the business intelligence software market is classified into North America, Europe, Asia Pacific, and Rest of the World. The North American region is estimated to dominate the market due to its advanced technological infrastructure and high adoption rates of data analytics among organizations. The presence of major technology companies and a robust startup ecosystem are driving innovations in business intelligence solutions. Additionally, the region has a strong emphasis on data-driven decision-making, with a report indicating that organizations in North America are increasingly prioritizing investments in analytics. This growing demand for actionable insights to enhance operational efficiency and competitive advantage is solidifying North America's position as a leader in the business intelligence software market.

Key Players

• The "Business Intelligence Software Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Microsoft Corporation, IBM Corporation, SAP SE, Oracle Corporation, Tableau Software (Salesforce), SAS Institute, Qlik Technologies, MicroStrategy Incorporated, TIBCO Software, and Sisense Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Business Intelligence Software Market Recent Developments
• In October 2023, Microsoft announced the integration of advanced artificial intelligence capabilities into its Power BI platform, enhancing data visualization and predictive analytics for businesses. This update aims to provide users with more intuitive insights and improve decision-making processes across various industries.
• In August 2023, Tableau launched new features within its analytics platform, focusing on enhanced collaboration tools that allow teams to share insights in real time. This development aims to streamline the decision-making process and improve cross-departmental communication.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Business Intelligence (BI) Software Market, By Deployment

• On-Premises
• Cloud-Based

5. Business Intelligence (BI) Software Market, By Organization Size

• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)

6. Business Intelligence (BI) Software Market, By Application

• Sales and Marketing
• Operations
• Finance
• Human Resources
• Others

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Microsoft (USA)
• Oracle (USA)
• SAP SE (Germany)
• IBM (USA)
• Tableau Software (USA) (now part of Salesforce)
• Qlik (Sweden)
• MicroStrategy Incorporated (USA)
• SAS Institute Inc. (USA)
• Looker (USA) (now part of Google Cloud)
• Domo (USA)

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References