The global business intelligence and analytics platforms market size is expected to reach USD 84.25 Billion at a revenue CAGR of 11.9% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of business intelligence and analytics platforms can be attributed to rising demand for rapid and precise analysis of business data. Business intelligence and analytics platforms allow businesses to use customized reports or templates to monitor Key Performance Indicators (KPIs) through several data sources, such as financial, sales & marketing, and operations data. Business Intelligence (BI) reports are prepared in real time to aid businesses to take accurate and fast data-backed decisions. These platforms generally deliver easy to comprehend visualizations, including graphs, charts, and tabular data presentations. Moreover, certain business intelligence and analytics platforms generate interactive reports to enable users to switch between different variables to derive a better understanding of key business metrics.

The Business Intelligence and Analytics Platforms market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Business Intelligence and Analytics Platforms market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Business Intelligence and Analytics Platforms market.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Business Intelligence and Analytics Platforms market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Microsoft Corporation, SAS Institute Inc., IBM Corporation, MicroStartegy Inc., Tableau Software LLC, Tibco Software Inc., Oracle Corporation, QlikTech International AB, SAP SE, and Hitachi Vantara Corporation

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Emergen Research has segmented the global Business Intelligence and Analytics Platforms market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Platform Type Outlook (Revenue, USD Billion; 2018–2028)

  • Business Intelligence Platforms
  • Advanced & Predictive Analytics Platforms
  • Corporate Performance Management (CPM) Suite
  • Others

• Organization Size Outlook (Revenue, USD Billion; 2018–2028)

  • Large Enterprise
  • Small & Medium Sized Enterprises

• Mode of Deployment Outlook (Revenue, USD Billion; 2018–2028)

  • Cloud-based
  • On-Premises

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Business Intelligence and Analytics Platforms Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Business Intelligence and Analytics Platforms Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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