The UAE Business Intelligence and Analytics Software Market 2018-2022 Forecast and Trends
This IDC study provides a forecast of BI and analytics functional market spending in the UAE for the 2018–2022 period. It includes findings from IDC discussions with major vendors."Business intelligence and analytics solutions are of paramount importance to organizations in the UAE. As competition intensifies, organizations are increasingly looking to leverage analytical insights to help them make better business decisions, improve their understanding of customer preferences, and deliver enhanced customer experiences. These competitive demands, together with efforts to reduce customer churn and an increasing acceptance of cloud-based applications, will be key drivers of the UAE BI and analytics market’s growth over the coming years. Looking ahead, the healthcare, local government, utilities, and retail industries will be the fastest growing markets for BI and analytics solutions in the UAE." — Manish Ranjan, Program Manager, Software, IDC Middle East and Africa
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Address Data Governance and Privacy Concerns
- Develop Cloud-Based BI and Analytics Solutions
- Integrate Open Source Software to Expand the BI and Analytics Ecosystem
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Growing Adoption of SaaS/Cloud-Based Applications
- Need to Derive Insights from Data for Better Business Decisions
- Demand for Embedded Analytics and AI Functionalities in Enterprise Applications
- Inhibitors
- Growing Open Source Adoption
- Significant Market Developments
- Continuous Focus on Digital Transformation Initiatives
- Adoption of AI and Mobility
- Growing Popularity of Open Source
- Increased Use of Advanced Analytics Solutions
- Government Role in Data Laws and Data Initiatives
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
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