(I-BusinessNews.Com, July 10, 2018 ) According to Publisher, the global self-service business intelligence market to grow from USD 3963.04 million in 2016 to USD 10992.96 million by 2023, at a CAGR of 15.69%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
Self-service business intelligence (BI) refers to BI products that are primarily configured and designed to be used by non-business users such as managers and business analysts. Self-service BI helps the business users to inspect company data, reveal patterns, and identify trends and insights. Self-service BI helps the businesses to satisfy their needs for intelligence throughout their company structure to understand and evaluate different business performance parameters and identify correlations between these parameters. Self-service BI helps the users to themselves analyze and locate opportunities and possible areas for improvements to refine business strategies.
The major forces driving the growth of the Self Service Business Intelligence market include the realistic research based approach to identify loopholes and low questioning and processing cost. However certain factors such as the possibility of inappropriate and misleading questions may hinder the market growth. In the middle of difficulty lies opportunity such as the possibility of inappropriate and misleading questions. The possible challenges for the market growth is difficulty in projecting emotions and adding human touch. But key players in the market are overcoming the challenges with continual improvement and innovation.
Top Key Players Mentioned
Alteryx Self-Service Data Analytics Datawatch Monarch Exago Jaspersoft MicroStrategy Enmbedded Analytics Oracle Business Intelligence Qlik Sense SAP Crystal Reports Tableau Desktop Zoho Reports
Based on industry, the global self-service business intelligence market is studied across aerospace & defense, banking, financial services & insurance, consumer goods & retail, education, energy & utilities, government, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, transportation & logistics, and travel & hospitality. Based on geography, the global self-service business intelligence market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
Reasons to Buy: The Self Service Business Intelligence market research study reveals hidden insights and dynamic, which in turn helps the players in the ecosystem take better strategic decisions. The firms looking for purchasing the global Self Service Business Intelligence market research report could look for following prospects on their way to better understand the market that can aid further decision making and possibly identify the best opportunities to exploit. - Evaluate the qualitative and quantitative aspects of the report and analyze the Self Service Business Intelligence market penetration with respect to industries and geographies. - Evaluate the key vendors in the Self Service Business Intelligence market in terms of products satisfaction and business strategy. This helps identify consumer preferences and understand its current position in Publisher FPNV Positioning Matrix. - Evaluates the key vendors and deeply analyze competitive landscape, revenue pockets, market trends, growth prospects, pain points, drivers, restraints, challenges and opportunities of the Self Service Business Intelligence market.
Report Highlights: The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of Self Service Business Intelligence market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the Self Service Business Intelligence market that will impact the demand during the forecast period. Moreover, the competitive analysis of Self Service Business Intelligence market brings an insight on the product usability profiles of the leading players. Additionally, the analysis highlights features & pricing, informant reviews of the key products in the market.
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