Global Self-Service BI Market

  • Product Code:
    RP-ID-10059667
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    130
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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The Global Self-Service BI Market was valued at USD 3.75 billion in 2016 and is projected to reach USD 13.66 billion by 2025, growing at a CAGR of 15.45% from 2017 to 2025.

Self-service business intelligence (SSBI) is an approach to data analytics that enables business users to access and work with corporate data even though they do not have a background in statistical analysis, business intelligence or data mining. SSBI has emerged as a popular option as it allows a client company to do more without as much support from an IT vendor. Benefits of SSBI include - improving organizational decision making, increasing response time, improve allocation of resources, improve organizational results, and reduces organizational risks.

Sample Infographics:




Market Dynamics:
1. Market Drivers
1.1 Emergence of cloud computing in BI market
1.2 Rising adoption by small and medium businesses
1.3 Growing volume of business data
1.4 Increasing demand for In-depth competitive insights
1.5 Usage ease
2. Market Restraints
2.1 Concerns for data security and privacy
2.2 Less investment in new technologies and lack of transformation
2.3 High investment costs
2.4 Poor data governance process


Market Segmentation:
The Global Self-Service BI Market is segmented on the business function, component, deployment model, application, vertical, and region.

1. Business Function:
1.1 Finance
1.2 Marketing
1.3 Sales
1.4 Human resources
1.5 Operations

2. By Component:
2.1 Software
2.2 Services
2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 Support and maintenance services
2.2.2.2 Consulting services

3. By Deployment Mode:
3.1 On-cloud
3.2 On-premises

4. By Application:
4.1 Risk and compliance management
4.2 Fraud and security management
4.3 Operations management
4.4 Sales and marketing management
4.5 Customer engagement and analysis
4.6 Predictive asset maintenance
4.7 Supply chain management and procurement
4.8 Others

5. By Vertical:
5.1 Healthcare
5.2 Government
5.3 IT and Telecom
5.4 Banking, Financial Services, and Insurance (BFSI)
5.5 Transportation and Logistics
5.6 Retail and e-commerce
5.7 Media and Entertainment
5.8 Energy and Utilities
5.9 Others

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. SAP SE
3. SAS Institute
4. Tibco Software
5. Tableau Software
6. Microsoft Corporation
7. Microstrategy, Inc.
8. Oracle Corporation
9. ZOHO Corporation
10. Qlik Technologies, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Self-Service BI Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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