Self-service BI Market

Self-service BI Market Size, Share, Growth Analysis, By Deployment(Cloud, On-premises), By Enterprise Type(Large Enterprises, Small and Medium Enterprises), By Industry(BFSI, Risk and Compliance Management, Fraud, and Security Management), By Region(North America, South America, Europe, Middle East and Africa) - Industry Forecast 2024-2031

Report ID: UCMIG45F2075 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Self-service BI Market Insights

Market Overview:

The worldwide market for self-service Business Intelligence (BI) was valued at $4.88 billion in 2022, and it is estimated to experience substantial growth, reaching $5.71 billion in 2023 and projecting an impressive increase to $20.22 billion by the year 2030, showcasing a compound annual growth rate (CAGR) of 19.8% over the forecast period. Self-service BI encompasses automated analysis of reports and dashboards, aiding management and businesses in formulating novel strategies. This tool provides critical data insights to various departments such as finance, marketing, human resources, sales, and product development, enabling informed decision-making processes.

Self-service BI Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Systems Software by segment aggregation, the contribution of the Systems Software in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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The market for Self-service BI was estimated to be valued at US$ XX Mn in 2021.

The Self-service BI Market is estimated to grow at a CAGR of XX% by 2028.

The Self-service BI Market is segmented on the basis of Deployment, Enterprise Type, Industry, Region.

Based on region, the Self-service BI Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Self-service BI Market are , Microsoft Corporation , Oracle Corporation , IBM Corporation , SAP SE , ThoughtSpot Inc. , Zoho Corporation , Qlik Technologies, Inc. , Microstrategy, Inc. , Tableau Software (Salesforce, Inc.) , Domo, Inc. .

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Self-service BI Market

Product ID: UCMIG45F2075