Business Analytics market
Press Release

Business Analytics market report is a comprehensive study in the Business Analytics market it tells about what the market status in the forecast period of 2017-2022. The report provides with CAGR value fluctuation during the forecast period of 2017-2022 for the market.  The base year for calculation in the report is taken as 2016 the historic year is 2015 which will tell you how the Business Analytics market is going to perform in the forecast years by informing you what the market definition, classifications, applications, and engagements are.

The Business Analytics Market is estimated at $44.5 billion in 2015 and is expected to reach $71.1 billion by 2022 growing at a CAGR of 6.9% from 2015 to 2022.

Some of the key players of the Business Analytics market include:

  • IBM
  • Infor
  • Tibco Software, Inc.
  • Microsoft Corporation
  • Microstrategy Incorporated
  • Oracle Corporation
  • QLIK Technologies, Inc.
  • SAP SE
  • SAS Institute, Inc.
  • Tableau Software, Inc.

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The factors that are influencing the market growth include rising demand for the analytics by the organizations due to the growing big data trend, quickly changing business environment and customer choices. However, high execution costs and unwillingness in adoption of business analytics are some factors hindering the market growth. Moreover, scarcity of skilled workers with sound technical capabilities poses major challenge to the market.

Amongst applications, Banking, financial services & insurance (BFSI) and retail industries acquired maximum market share. Tableau was the fastest growing business analytics software company, growing around 80% in a year. North America commanded the largest market share as this region encourages the implementation of business analytics across its diverse organizations followed by Europe. Asia Pacific is extensively witnessing rise in the acceptance  of business analytics.

Deployment Types Covered:

On-site and Cloud

Applications Covered:

Telecom and IT, Retail, Media and Entertainment, Manufacturing, Healthcare, Government, Energy and Power, Education, Banking, Financial Services and Insurance and Other Applications

Softwares Covered:

Search and altering, Advanced and Predictive Analytics, Performance and Big Data Management, Data Discovery and Visualization software, Content Analytics, Business Intelligence, Corporate Performance Management suites and Other Softwares

End Users Covered:

Small & Medium Business (SMB) and Large Scale Enterprises

Services Covered:

Managed Services and Professional Services

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Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Business Analytics Market, By Deployment Type

6 Global Business Analytics Market, By Application

7 Global Business Analytics Market, By Software

8 Global Business Analytics Market, By End User

9 Global Business Analytics Market, By Service

10 Global Business Analytics Market, By Geography

11 Key Developments

12 Company Profiling

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