Global Business Intelligence Market to Grow at a CAGR of 10.38% During 2016-2020 - Traditional BI, Mobile BI, Social BI, Cloud BI

BI is a combination of tools and techniques used to transform raw data into meaningful information for the critical business decision-making process. It helps users to analyze data, receive information from various channels or business activities, and use the information in organizational opportunities and to improve business efficiency.

The global BI market to grow at a CAGR of 10.38% during the period 2016-2020. The BI solution, when integrated with analytics, is capable of handling a large amount of unstructured data to help identify and analyze business patterns. This technology helps users analyze current and historical data.

The report covers the present scenario and the growth prospects of the global BI market for the period 2016-2020. To calculate the market size, the report considers the revenue generated through software licenses and subscriptions, software implementation, and technical support and maintenance of BI.

The market is divided into the following segments based on technology: 

- Traditional BI

- Mobile BI

- Social BI

- Cloud BI

Technavio's report, Global Business Intelligence market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 

- IBM

- Microsoft

- Oracle

- SAP

- SAS Institute

Other prominent vendors 

- Actuate

- Alteryx

- Board International

- Brist

- Datawatch

- GoodData

- Infor

- Information Builders

- Logi Analytics

- MicroStrategy

- Panorama Software

- Pentaho

- Prognoz

- Pyramid Analytics

- Qlik

- Salient Management Company