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Worldwide Business Intelligence and Analytics Software Market Shares, 2023: AI/ML Continues to Transform the Analytics Market

Publisher IDC
Published Jun 28, 2024
Length 15 Pages
SKU # IDC18931041

Description

Worldwide Business Intelligence and Analytics Software Market Shares, 2023: AI/ML Continues to Transform the Analytics Market


This IDC study discusses the market sizing and vendor shares of the business intelligence and analytics (BIA) software market, including vendor revenue for 2021–2023 and the corresponding shares and growth rates of the largest vendors worldwide. In this study, we split the BIA software market into two functional markets: advanced and predictive analytics (APA) and business intelligence (BI) software."The BIA software market continues to evolve as vendors introduce more AI/ML features as well as GenAI. Making insights available to a broader group of business users will continue to dominate this market resulting in organizations making investments to empower business users to leverage embedded or self-service analytics. The need for decision velocity will drive improvements in data literacy and data culture." — Megha Kumar, research VP, Analytics and AI, IDC

Please Note: Extended description available upon request.

Table of Contents

15 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Context
Growth Accelerators
Growth Inhibitors
Significant Market Developments
Methodology
Market Definition
Business Intelligence and Analytics Software
Business Intelligence Software
Advanced and Predictive Analytics Software
Related Research

Pricing

Currency Rates
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