Global Business Intelligence Market size was valued at USD 22.8 billion in 2023. It is likely to grow up to USD 33.6 billion by 2030 at a CAGR of 8.2% during the forecast period ranging between 2025 and 2030.

Published Date: Nov, 2024

The Global Business Intelligence Market size was valued at USD 22.8 billion in 2023. It is likely to grow up to USD 33.6 billion by 2030 at a CAGR of 8.2% during the forecast period ranging between 2025 and 2030.

Business intelligence is the process of collecting, analyzing, and visualizing data by using sophisticated technology that aids in making data-driven decisions regarding business operations. There are different tools and software used as well for this process which include data mining, Tableau, dashboards, reporting, Power BI, and more. All these tools help in collecting raw data and converting it into actionable insights to support strategic planning, enhance customer satisfaction, improve operational efficiency. Business intelligence is used in various industries such as retail, healthcare, finance, and marketing. The rising adoption and demand for cloud-based business intelligence solutions are the basic aspects which accelerate the growth of the market. Most businesses prefer this specific form of business intelligence because it does not need additional investments in infrastructure, is easy to integrate into the current systems, and allows better collaboration across the distribution teams. However, the growing concern over data privacy and the need for data security is the most crucial factor hampering the growth of the global business intelligence market.

Browse market data Tables and Figures spread through 193 Pages and in-depth TOC on Global Business Intelligence By Component (Software and Services), By Technology (Cloud Computing, Artificial Intelligence (AI), Big Data Analytics, Data Mining, Machine Learning (ML), and the Internet of Things (IoT)), By Business Function (Finance, Human Resources, Operations, Customer Service, Sales and Marketing, and Supply Chain Management), By Service Type (Managed Services and Professional Services) and By Geography (North America, Europe, Asia Pacific, Rest of the World) - Forecast from 2025 to 2030.

Global Business Intelligence Market Segmentation and Key Players

Segment / Key Players

Categorization

Component

Software and Services

Technology

Cloud Computing, Artificial Intelligence (AI), Big Data Analytics, Data Mining, Machine Learning (ML), and the Internet of Things (IoT)

Business Function

Finance, Human Resources, Operations, Customer Service, Sales and Marketing, and Supply Chain Management

Service Type

Managed Services and Professional Services

By components, software dominate the global business intelligence market.  

Software segment dominates the global business intelligence market due to higher market share.

"Germany dominates the Global Business Intelligence Market." 

Germany is the most dominant region in the Global Business Intelligence Market due to its largest hub of car manufacturers as well as the high adoption rate of electric vehicles and support from governmental initiatives.

Some of the key players in this market are IBM, Sisense, Qlik, Pentaho, ThoughtSpot, Alibaba Cloud, Cisco Systems, Logi Analytics, Klipfolio. 

The Global Business Intelligence Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global Business Intelligence Market coverage (By Value)

  • Component Insight and Forecast 2025 - 2030
    • Software
    • Services
  • Technology Insight and Forecast 2025 - 2030
    • Cloud Computing
    • Artificial Intelligence (AI)
    • Big Data Analytics
    • Data Mining
    • Machine Learning (ML)
    • Internet of Things (IoT)
  • Business Function Insight and Forecast 2025 - 2030
    • Finance
    • Human Resources
    • Operations
    • Customer Service
    • Sales and Marketing
    • Supply Chain Management
  • Service Type Insight and Forecast 2025 - 2030
    • Managed Services
    • Professional Services

Geographical Segmentation

Global Business Intelligence Market by Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Vietnam
    • Thailand
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Saudi Arabia
    • South Africa
    • U.A.E.
    • Other Countries