DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Business Intelligence Market - Global Forecast to 2021" report to their offering.
The global Business Intelligence (BI) market is expected to grow from USD 17.09 billion in 2016 to USD 26.88 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 9.5%. The BI market is growing rapidly because of the transition from traditional techniques to advanced BI and analytics techniques, and the massive adoption of cloud across verticals. Factors such as varying structure of regulation policies and high investment costs are expected to limit the market growth.
The BI market is segmented by data type into structured, unstructured, and semi-structured data types. If the collected data is left unmanaged, it becomes challenging to retrieve right data information when needed. BI is gaining traction due to its outstanding capabilities to handle and manage such unmanaged data. Unstructured data comprises data from emails, social media, blogs, images, videos, and documents.
It is difficult to find meaning from unstructured data because of its undefined data structure. The rise and development of Internet of Things (IoT) has propelled data collection, as IoT produces enormous data. Unlike structured data, unstructured data cannot be displayed in rows and columns, thus making it complex for processing and analysis. Organizations such as IBM are providing cognitive computing analysis to find trends in unstructured data and gain competitive edge in the market.
- Information Builders
- International Business Machines Corporation
- Microstrategy, Inc.
- Oracle Corporation
- Pentaho (A Hitachi Company)
- Qlik Technologies
- SAP SE
- SAS Institute
- Sisense Inc.
- Tableau Software
- Tibco Software
- Yellowfin International Pty Ltd
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Business Intelligence Market Analysis, By Component
8 Business Intelligence Market Analysis, By Data Type
9 Business Intelligence Market Analysis, By Organization Size
10 Business Intelligence Market Analysis, By Application
11 Business Intelligence Market Analysis, By Deployment Model
12 Business Intelligence Market Analysis, By Industry Vertical
13 Geographic Analysis
14 Competitive Landscape
15 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/3j2dvd/business