Global Self-Service Business Intelligence (BI) Market, By Type (Software and Services), Business Function (Finance, Marketing, Sales, Operations and Human Resources (HR)), Application (Fraud and Security Management, Sales and Marketing Management, Predictive Asset Maintenance, Risk and Compliance Management, Customer Engagement and Analysis, Supply Chain Management and Procurement, Operations Management and Other Applications), Deployment Model (On-Premises and On-Demand), Industry Vertical (Healthcare and Life Sciences, Banking, Financial Services and Insurance, Manufacturing Retail and Ecommerce, Telecommunications and IT, Transportation and Logistics, Media and Entertainment, Energy and Utilities, Government and Defense and Others) - Industry Trends and Forecast to 2030.
Self-Service Business Intelligence (BI) Market Analysis and Size
Self-service business intelligence (BI) is software developed with data analytics approach that enables users with the flexibility to develop rapid reports and empower them to research the data. In other words, self-service business intelligence (BI) helps the business users to access and analyse business data without the need to have statistical analysis.
The self-service business intelligence (BI) market was valued at USD 8.01 Billion in 2022 and is expected to reach USD 25.23 Billion by 2030, registering a CAGR of 15.4% during the forecast period of 2023-2030. “Software” is expected to witness high growth in the type segments owing to the increase in adoption and development of self-service business intelligence solutions among coustomers in Telecommunications and IT sector due to advancement in technology. Moreover, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Self-Service Business Intelligence (BI) Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Software and Services), Business Function (Finance, Marketing, Sales, Operations and Human Resources (HR)), Application (Fraud and Security Management, Sales and Marketing Management, Predictive Asset Maintenance, Risk and Compliance Management, Customer Engagement and Analysis, Supply Chain Management and Procurement, Operations Management and Other Applications), Deployment Model (On-Premises and On-Demand), Industry Vertical (Healthcare and Life Sciences, Banking, Financial Services and Insurance, Manufacturing Retail and Ecommerce, Telecommunications and IT, Transportation and Logistics, Media and Entertainment, Energy and Utilities, Government and Defense and Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Microsoft (U.S.), Oracle (U.S.), SAP (Germany), MapR Technologies, Inc. (U.S.), RapidMiner, Inc. (U.S.), Birst, Inc. (U.S.), ALTERYX, INC. (U.S.), Zoho Corporation Pvt. Ltd. (India), TIBCO Software Inc. (U.S.), QlikTech International AB (Sweden), MICROSTRATEGY INCORPORATED (U.S.), TABLEAU SOFTWARE, LLC (U.S.), SAS Institute Inc. (U.S.), Sisense Inc. (U.S.), Domo, Inc. (U.S.), Logi Analytics (U.S.), TARGIT (Denmark), Hitachi Vantara Corporation (U.S.) |
Market Opportunities |
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Market Definition
Self-service business intelligence (BI) refers to a set of tools, technologies, and processes that empower non-technical business users to access, analyze, and visualize data without extensive assistance from IT or data professionals. The goal of self-service BI is to make data-driven decision-making more accessible to a broader range of individuals within an organization.
Global Self-Service Business Intelligence (BI) Market Dynamics
Drivers
- Rising Emergence of Cloud Computing Technologies in Business Intelligence (BI)
The rising emergence of cloud computing technologies has revolutionized the landscape of Business Intelligence (BI) in recent years. Cloud computing has fundamentally transformed how organizations access, manage, and leverage their data, offering unprecedented scalability, flexibility, and cost-effectiveness. In the realm of BI, the cloud has become a catalyst for innovation, enabling businesses to harness the power of data-driven decision-making in ways that were once inconceivable
- Self-Service Business Intelligence (BI) is Software
Self-service business intelligence (BI) software represents a groundbreaking shift in the world of data analytics. Designed to empower non-technical users and business professionals, this category of software provides a user-friendly interface that allows individuals to access, analyze, and extract valuable insights from their data without the need for extensive technical expertise or reliance on IT departments
Opportunities
- Increased Adoption of Data Analytics Solutions by the Small and Medium Sized Enterprises
The increased adoption of data analytics solutions by small and medium-sized enterprises (SMEs) is a transformative trend that is reshaping the business landscape. In an era defined by data-driven decision-making, SMEs are recognizing the immense potential of harnessing data analytics to gain a competitive edge, optimize operations, and drive growth. What was once predominantly the domain of large corporations with substantial resources is now becoming accessible to businesses of all sizes
Restraint/Challenge
- High Costs Associated with the Deployment and Maintenance
The high costs associated with the deployment and maintenance of self-service business intelligence (BI) systems can be a concern for many organizations, including small and medium-sized enterprises (SMEs). While self-service BI offers numerous advantages but to mitigate these costs, organizations should carefully evaluate their specific needs, consider cloud-based solutions that offer scalability and cost flexibility, and prioritize a well-defined strategy to maximize the return on investment from self-service BI tools
This self-service business intelligence (BI) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on self-service business intelligence (BI) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Recent Development
- In June 2022, Basis Technologies, a cloud-based workflow automation and business intelligence software provider for marketing and advertising, announced the introduction of a data visualization solution that streamlines campaign reporting through live customized dashboards. The feature streamlines time-consuming reporting operations and minimizes the number of repeated manual operations necessary to produce and deliver digital advertising reports
Global Self-Service Business Intelligence (BI) Market Scope
The global self-service business intelligence (BI) market is segmented on the basis of type, business function, application, deployment model and industry vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Software
- Services
Business Function
- Finance
- Marketing
- Sales
- Operations
- Human Resources (HR)
Application
- Fraud and Security Management
- Sales and Marketing Management
- Predictive Asset Maintenance
- Risk and Compliance Management
- Customer Engagement and Analysis
- Supply Chain Management and Procurement
- Operations Management
- Other Applications
Deployment Model
- On-Premises
- On-Demand
Industry Vertical
- Healthcare and Life Sciences
- Banking, Financial Services and Insurance
- Manufacturing Retail and Ecommerce
- Telecommunications and IT
- Transportation and Logistics
- Media and Entertainment
- Energy and Utilities
- Government and Defense
- Others
Global Self-Service Business Intelligence (BI) Market Regional Analysis/Insights
The global self-service business intelligence (BI) market is analysed and market size insights and trends are provided by type, business function, application, deployment model and industry vertical as referenced above.
The countries covered in the global self-service business intelligence (BI) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the self-service business intelligence (BI) market and will continue to flourish its trend of dominance during the forecast period. This is because of the increased adoption of business analytical solutions by small and medium scale enterprises.
Asia-Pacific on the other hand will project the highest CAGR for the forecast period owing to the rise in data-driven organizations due to expanding volume of business data.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Self-Service Business Intelligence (BI) Market Share Analysis
The global self-service business intelligence (BI) market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global self-service business intelligence (BI) market.
Some of the major players operating in the global self-service business intelligence (BI) market are:
- Cisco Systems, Inc. (U.S.)
- IBM Corporation (U.S.)
- Microsoft (U.S.)
- Oracle (U.S.)
- SAP (Germany)
- MapR Technologies, Inc. (U.S.)
- RapidMiner, Inc. (U.S.)
- Birst, Inc. (U.S.)
- ALTERYX, INC. (U.S.)
- Zoho Corporation Pvt. Ltd. (India)
- TIBCO Software Inc. (U.S.)
- QlikTech International AB (Sweden)
- MICROSTRATEGY INCORPORATED (U.S.)
- TABLEAU SOFTWARE, LLC (U.S.)
- SAS Institute Inc. (U.S.)
- Sisense Inc. (U.S.)
- Domo, Inc. (U.S.)
- Logi Analytics (U.S.)
- TARGIT (Denmark)
- Hitachi Vantara Corporation (U.S.)
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