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Global Self-Service Business Intelligence (BI) Market – Industry Trends and Forecast to 2030

  • ICT
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
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Global Self-Service Business Intelligence (BI) Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 8.01 Billion
Diagram Market Size (Forecast Year) USD 25.23 Billion
Diagram CAGR %

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

  • Increased adoption of data analytics solutions by the small and medium sized enterprises
  • Increasing demand for in-depth competitive insights

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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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The self-service business intelligence (BI) market size will be worth USD 25.23 billion by 2030.
The growth rate of the self-service business intelligence (BI) market is 15.4% in the forecast period by 2030.
The rising emergence of cloud computing technologies in business intelligence (bi) is the growth driver of the self-service business intelligence (BI) market.
Type, business function, application, deployment model, and industry vertical are the factors on which the self-service business intelligence (BI) market research is based.
Major companies in the 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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