Self-Service BI Trends and Forecast
The future of the global self-service BI market looks promising with opportunities in the BFSI, retail & e-commerce, manufacturing, IT & telecom, healthcare & life science, energy & utilites, and transportation markets. The global self-service BI market is expected to reach an estimated $22.6 billion by 2030 with a CAGR of 15.6% from 2024 to 2030. he major drivers for this market are the use of cloud computing technologies in business intelligence (BI) is growing, increasing amount of business data, and a higher demand for comprehensive competitive analysis.Self-Service BI by Segment
The study includes a forecast for the global self-service BI by deployment, enterprise type, end use, and region.Self-Service BI Market by Deployment [Shipment Analysis by Value from 2018 to 2030]
- Cloud
- On-Premises
Self-Service BI Market by Enterprise Type [Shipment Analysis by Value from 2018 to 2030]
- Large Enterprises
- Small & Medium Enterprises
Self-Service BI Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- BFSI
- Retail & E-Commerce
- Manufacturing
- IT & Telecom
- Healthcare & Life Science
- Energy & Utility
- Transportation
- Others
Self-Service BI Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Self-Service BI Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies self-service BI companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the self-service BI companies profiled in this report include-- Microsoft
- Oracle
- IBM
- SAP
- ThoughtSpot
- Zoho
- Qlik Technologies
- Microstrategy
- Tableau Software
- Domo
Self-Service BI Market Insights
The publisher forecasts that on-premises will remain the largest segment over the forecast period due to elevated data security.Within this market, healthcare will remain the largest segment due to industry is experiencing a rise in the accumulation of extensive sensitive data concerning patients and healthcare provider.
Europe is expected to witness highest growth over the forecast period due to increasing digital transformation and existence of a significant number of major market players.
Features of the Global Self-Service BI Market
- Market Size Estimates: Self-service bi market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Self-service bi market size by deployment, enterprise type, end use, and region in terms of value ($B).
- Regional Analysis: Self-service bi market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different deployment, enterprise type, end use, and regions for the self-service BI market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the self-service BI market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the self-service BI market size?Answer: The global self-service BI market is expected to reach an estimated $22.6 billion by 2030.
Q2. What is the growth forecast for self-service BI market?
Answer: The global self-service BI market is expected to grow with a CAGR of 15.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the self-service BI market?
Answer: he major drivers for this market are the use of cloud computing technologies in business intelligence (BI) is growing, increasing amount of business data, and a higher demand for comprehensive competitive analysis.
Q4. What are the major segments for self-service BI market?
Answer: The future of the self-service BI market looks promising with opportunities in the BFSI, retail & e-commerce, manufacturing, IT & telecom, healthcare & life science, energy & utilites, and transportation markets.
Q5. Who are the key self-service BI market companies?
Answer: Some of the key self-service BI companies are as follows:
- Microsoft
- Oracle
- IBM
- SAP
- ThoughtSpot
- Zoho
- Qlik Technologies
- Microstrategy
- Tableau Software
- Domo
Answer: The publisher forecasts that on-premises will remain the largest segment over the forecast period due to elevated data security.
Q7. In self-service BI market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to increasing digital transformation and existence of a significant number of major market players.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the self-service BI market by deployment (cloud and on-premises), enterprise type (large enterprises and small & medium enterprises), end use (BFSI, retail & e-commerce, manufacturing, IT & telecom, healthcare & life science, energy & utility, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- Microsoft
- Oracle
- IBM
- SAP
- ThoughtSpot
- Zoho
- Qlik Technologies
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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