06-Oct-2021 | Zion Market Research
Major companies in the self-service BI Market are IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, SAS Institute, MicroStrategy, Tableau Software, TIBCO Software, Zoho Corporation, Qlik Technologies, Datapine GmbH and Looker among others. These players are set to bolster the development of the global self-service BI Market.
According to analysts at Zion Market Research, the global Self-Service BI market accounted for USD 6,131 Million in 2020 and is expected to reach USD 18,309.3 Million by 2028, growing at a CAGR of 14.9% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Self-Service BI Market By Type (Software and Services), By Deployment Mode (On-premise Deployment and Cloud-based Deployment), By Application (Fraud and Security Management, Sales and Marketing Management, Risk and Compliance Management, Operations Management and Others), By End-use Industry (Banking, Financial Services and Insurance, Retail and Ecommerce, Telecommunications and IT, Healthcare and Life Sciences, Government and Defense and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Increasing Need for In-depth Competitive Insights to Enhance Growth
Major factors driving the self-service BI market are the increasing need for in-depth competitive insights, ease of use for non-technical staff and expanding volume of business data. Factors for the development in the market include the change of traditional BI techniques into progressive techniques in order to analyse business data and a large amount of structured and unstructured information.
The largest share in the self-service BI market is accounted through the BFSI sector. There is also a growing demand in the market due to the IT sector. Growth in the market is also visible owing to the human resources business function.
Technological Advancements to Assist North America Growth
North America is dominating the global self-service BI Market. This growth is due to advancements in technology and early adoption of Self-Service BI solutions in the region. Growth in North America is expected to be followed by Asia Pacific owing to reasons such as technological developments and increasing opportunities across various industrial segments.
Browse the full “Self-Service BI Market By Type (Software and Services), By Deployment Mode (On-premise Deployment and Cloud-based Deployment), By Application (Fraud and Security Management, Sales and Marketing Management, Risk and Compliance Management, Operations Management and Others), By End-use Industry (Banking, Financial Services and Insurance, Retail and Ecommerce, Telecommunications and IT, Healthcare and Life Sciences, Government and Defense and Others) and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/self-service-bi-market
In Asia Pacific, the major contribution in the market share is seen by countries such as China, Japan, and India.
The Global Self-Service BI Market is segmented as follows:
By Deployment Mode
By End-use Industry
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