The Business Intelligence (BI) Vendors Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Business Intelligence (BI) Vendors Market?
The size of the Business Intelligence (BI) Vendors market has experienced a swift increase in recent years. The market size, valued at $28.38 billion in 2024, is predicted to rise to $31.41 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 10.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Business Intelligence (BI) Vendors Industry?
The market size for Business Intelligence (BI) vendors is projected to reach $46.63 billion in 2029, with a compound annual growth rate (CAGR) of 10.4%.
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What are the Key Growth Drivers Fueling the Business Intelligence (BI) Vendors Market?
The drivers in the business intelligence (bi) vendors market are:
• Increased penetration of Business Intelligence within business operations
• Improved decision-making capabilities due to Business Intelligence
• Availability of vast amounts of data
• Enhanced accessibility and dissemination of information through mobile BI
Global Market Segmentation: Identifying Major Business Intelligence (BI) Vendors Industry Segments
The business intelligence (BI) vendors market covered in this report is segmented –
1) By Component: Platform, Software, Solution, Services
2) By Data Type: Structured Data, Unstructured Data, Semi-Structured Data
3) By Technology: Mobile, Cloud, Social, Other Technologies
4) By Deployment Model: Cloud, On-Demand, On-Premises
5) By Application: Customer Relationship Management (CRM) Analytic Application, Financial Performance And Strategy Management, Production Planning Analytic Operations, Predictive Asset Maintenance, Fraud Detection And Security Management, Supply Chain Optimization Or Operations, Network Management And Optimization, Workforce Management, Sales And Marketing Management, Other Applications
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What are the emerging Trends Shaping the Future of the Business Intelligence (BI) Vendors Market?
The trends in the business intelligence (bi) vendors market are:
• One major trend is the increased use of Internet of Things (IoT) and big data in the business intelligence market.
• There is also a growing demand for mobile business intelligence capabilities.
• The application of predictive and prescriptive analytics tools is emerging as a significant trend.
• The adoption and popularity of cloud-based business intelligence tools and services is a major developing trend.
Who Are the Top Competitors & Leading Players in the Business Intelligence (BI) Vendors Market?
The major players in the business intelligence (bi) vendors market are:
• Microsoft Corporation
• Verizon Communications Inc
Regional Dominance: Which Area Leads the Global Business Intelligence (BI) Vendors Market Outlook 2025: Detailed Trends, Size & Share Analysis Market?
North America was the largest region in the business intelligence (BI) vendors market in 2024
