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Technological Developments and Business Prospects for the Business Intelligence Industry (2023-2030)

The Global Business Intelligence Market size is expected to grow from USD 39.25 billion in 2022 to USD 65.94 billion by 2030, at a CAGR of 6.7% during the forecast period (2023-2030).

Business intelligence (BI) is a set of techniques and technology that encompasses data mining, data visualization, business analytics, data tools and infrastructure, and best practices to help businesses make better decisions based on data. Business intelligence may assist organizations in making better decisions by providing current and historical data within the context of their operations. The business intelligence (BI) sector was rapidly growing and evolving. Business intelligence (BI) processes are technologies, applications, and practices for obtaining, evaluating, and presenting company data to support decision-making. The business was defined by the growing demand for advanced analytics, data visualization tools, and self-service BI solutions.

Players Covered in the Business Intelligence Market are:

Microsoft(USA), Tableau Software (USA), SAP (Germany), Oracle Corporation (USA), Qlik Technologies (USA), Sisense (Israel), Looker (USA), Domo (USA), Mode Analytics (USA), Zoho Analytics (India), Alteryx (USA), Qualtrics (USA), Yellowfin BI (Australia),Birst (USA), ThoughtSpot (USA), Domino Data Science (USA)

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