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Global Business Intelligence Management Software Growth 2025, Forecast To 2034

25 Mar, 2025

What Fueled The Previous Growth In The Business Intelligence Management Software Market?

The business intelligence management software market has seen considerable growth due to a variety of factors.
• The business intelligence management software market has grown significantly in recent years. It is projected to rise from $32.6 billion in 2024 to $36.11 billion in 2025 at a CAGR of 10.8%.
This growth is due to the explosion of data, limitations of traditional spreadsheets, the complexity of data, regulatory compliance pressures, and the rising demand for self-service analytics.

How Does the Forecast Look for the Business Intelligence Management Software Market?

The business intelligence management software market is expected to maintain its strong growth trajectory in upcoming years.
• The business intelligence management software market is set to grow to $53.66 billion by 2029 at a CAGR of 10.4%.
Growth is driven by cloud adoption, data governance concerns, and the demand for real-time analytics. Trends include AI and ML integration, augmented analytics, data democratization, and vertical-specific solutions.

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What Are The Leading Drivers Of Growth In The Business Intelligence Management Software Market?

The increasing adoption of cloud-based solutions is expected to drive the growth of the business intelligence management software market. Cloud-based solutions, which are hosted and accessed via the internet, are becoming more popular due to their cost-effectiveness, flexibility, and enhanced security. Business intelligence management software deployed on the cloud enables organizations to access vital data and analytics tools remotely. For example, in December 2023, Eurostat reported that 45.2% of EU enterprises used cloud computing services, marking a 4.2% increase from 2021. This growing trend is fueling the expansion of the business intelligence management software market.

How Are The Segments Defined Within The Global Business Intelligence Management Software Market?

The business intelligence management software market covered in this report is segmented –
1) By Type: Development Of Business Smart Software, Cloud-Hosted Business Smart Software
2) By Application: Small Business, Medium-Sized Business, Large Business
3) By End-User Industry: Banking, Financial Services, And Insurance, Information Technology And Telecommunication, Retail, Healthcare, Other End-User Industries Subsegments: 1 ) Development Of Business Smart Software: Custom-Built Business Intelligence Solutions, Data Analytics And Reporting Software, Predictive Analytics Software, Data Visualization Tools, Data Integration And Etl (Extract, Transform, Load) Tools
2) Cloud-Hosted Business Smart Software: Cloud-Based Business Intelligence Platforms, Saas (Software As A Service) Bi Solutions, Cloud Data Warehousing Solutions, Cloud Analytics And Reporting Tools, Cloud-Based Data Visualization And Dashboards

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What Trends Are Shaping The Business Intelligence Management Software Market?

Companies in the business intelligence management software market are introducing AI-based solutions for enhanced data analysis. In March 2024, Algo launched Journeys, an AI-powered decision intelligence solution that automates business intelligence processes to improve demand and inventory planning, providing real-time insights and reducing reliance on manual data exploration.

Who Are the Key Players In The Business Intelligence Management Software Market?

Major companies operating in the business intelligence management software market are:
• Google LLC
• Microsoft Corporation
• International Business Machines Corporation
• Oracle Corporation
• SAP SE
• Salesforce.com Inc.
• Adobe Inc.
• SAS Institute Inc.
• Databricks Inc.
• Teradata Corporation
• Informatica LLC
• Tableau Software LLC
• Tibco Software Inc.
• Cloudera Inc.
• Qlik Technologies Inc.
• MicroStrategy Incorporated
• Domo Inc.
• Sisense Ltd.
• BOARD International SA
• ThoughtSpot Inc.
• GoodData Corporation
• Information Builders Inc.
• Yellowfin International Pty Ltd.
• Panorama Software Ltd.
• ClearStory Data

What Is The Most Dominant Region In The Business Intelligence Management Software Market?

North America was the largest region in the business intelligence management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the business intelligence management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.