Market Overview:
Organizations are increasingly turning to business intelligence (BI) to tackle the challenges of making business decisions with vast amounts of data. Business Intelligence encompasses technologies, applications, infrastructure and tools, and best practices that support informed business decisions through access and analysis of information. Business intelligence provides organizations with the benefits of faster decision making, real-time performance measurement, better insight into customer behavior, better information quality, better assessment of threats and opportunities, greater information sharing and efficiency, better communication, and faster response.
Key Players:
The global business intelligence market is highly competitive and organized with few well-established players leading the market. Some significant players include Rackspace (U.S.), SAP SE (Germany), Microsoft Corp (U.S), Juniper Networks (U.S.), Verizon wireless (U.S.), Cisco Systems (U.S.), SAS Institute (U.S), AT&T (U.S), IBM Corp. (U.S.), and VMware (U.S.) among others. These major players are adopting various strategies such as acquisitions, collaborations, mergers, partnerships, product launches, product updates to gain a substantial competitive edge over business rivals.
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Market Segmentation:
MARKET FACTOR ANALYSIS
• PORTER’S FIVE FORCES ANALYSIS
• SUPPLY CHAIN ANALYSIS
COMPETITIVE ANALYSIS
• MARKET SHARE ANALYSIS
• COMPANY PROFILES
Regional Insights:
North America leads the business intelligence market. The presence of key industry players in the region, intensive R&D activities in the technology sector, intensifying competition and evolving data proliferation trends support the growth of the North American market. The Asia Pacific region has potential growth opportunities and is expected to show high growth during the forecast period due to the region's continued industrialization and technological advances.
Company Name: Market Research Future
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