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The UAE Business Intelligence and Analytics Software Market 2018-2022 Forecast and Trends

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
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