It's estimated the global self-service Business Intelligence (BI) market will grow from USD 3.61 billion in 2016 to USD 7.31 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.2%.
The self-service BI market is growing rapidly because of the transition from traditional BI techniques to advanced BI and analytics techniques, which can be managed and utilized even without any help from the IT and data science teams, and the massive surge in the volume of business data across industry verticals. Factors such as high investment coasts and lack of proper data governance process are expected to limit the market growth.
North America, followed by Europe, is expected to continue being the largest revenue generating region for the self-service BI vendors for the next five years. This is mainly due to the presence of various developed economies such as Canada and the U.S. and the high focus on innovations through research and development and technology across industry verticals in the region. APAC is expected to be the highest growing region in the self-service BI market because of the increasing adoption of Internet of Things (IoT) and smart technologies and government initiatives such as smart cities in APAC countries including China and India.
International Business Machines Corporation
Qlik Technologies, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Self-Service BI Market Industry Trends
7 Self-Service BI Market Analysis, By Type
8 Self-Service BI Market Analysis, By Business Function
9 Self-Service BI Market Analysis, By Deployment Model
10 Self-Service BI Market Analysis, By Business Applications
11 Self-Service BI Market Analysis, By Industry Vertical