Categories: Web and IT News

Global Business Intelligence Strategic Report 2023: Market to Surpass $50 Billion by 2030 – U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 12.3% CAGR – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Business Intelligence – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Business Intelligence Market to Reach $50.3 Billion by 2030

The global market for Business Intelligence estimated at US$27.7 Billion in the year 2022, is projected to reach a revised size of US$50.3 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030.

On-Premise, one of the segments analyzed in the report, is projected to record 7.1% CAGR and reach US$28 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud segment is readjusted to a revised 8.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 12.3% CAGR

The Business Intelligence market in the U.S. is estimated at US$7.5 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$11.8 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Beyond this, gain competitive advantage with our examination of key players in the Business Intelligence space like Google, Amazon Web Services, Domo, among others.

What’s New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report Attribute Details
No. of Pages 93
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $27.7 Billion
Forecasted Market Value (USD) by 2030 $50.3 Billion
Compound Annual Growth Rate 7.7%
Regions Covered Global

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Business Intelligence – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

FOCUS ON SELECT PLAYERS (Total 46 Featured)

  • Alteryx
  • Amazon Web Services
  • Amlgo Labs
  • Board International
  • Conversight.Ai
  • Domo
  • Dotdata
  • Dundas
  • Element Data
  • Google

For more information about this report visit https://www.researchandmarkets.com/r/l4puyy

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Global Business Intelligence Strategic Report 2023: Market to Surpass $50 Billion by 2030 – U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 12.3% CAGR – ResearchAndMarkets.com first appeared on Web and IT News.

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