Global Self-Service BI Market – Industry Trends and Forecast to 2024

The Global Self-Service BI market accounted for USD 4.3 billion in 2016 growing at a CAGR of 14.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Self-Service BI Market

Self-service BI provides a platform to business users to access and work with corporate data even when they do not have a background in statistical analysis, business intelligence (BI) or data mining. It has its wide application in healthcare and life sciences, banking, financial services, and insurance, manufacturing, retail and ecommerce, telecommunications and it, transportation and logistics, media and entertainment, energy and utilities, government and defense, and others. Easy to use without any help from the technical staff, increasing need for in-depth competitive insights may act as major driver in the growth of self-service BI market. On the other side, high investment costs may hamper the market.

Major market drivers & restraints: Global Self-Service BI Market

Easy to use without any help from the technical staff
Increasing need for in-depth competitive insights
Increasing volume of business data
High investment costs
Lack of proper data governance process

Market Segmentation: Global Self-Service BI Market

The global self-service BI market is segmented on the basis of type into software, and services. The services segment is further sub segmented into managed services, and professional services. The professional services segment is further sub segmented into deployment and integration, support and maintenance, and consulting services.

On the basis of business function, the global self-service BI market is segmented into finance, marketing, sales, operations, and human resources (HR).

On the basis of application, the global self-service BI market is segmented into fraud and security management, sales and marketing management, predictive asset maintenance, risk and compliance management, customer engagement and analysis, supply chain management and procurement, operations management, and others.

On the basis of deployment model, the global self-service BI market is segmented into on-premises, and on-demand.

On the basis of vertical, the global self-service BI market is segmented into healthcare and life sciences, banking, financial services, and insurance, manufacturing, retail and ecommerce, telecommunications and it, transportation and logistics, media and entertainment, energy and utilities, government and defense, and others.

On the basis of geography, the global self-service BI market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Company Share Analysis: Global Self-Service BI Market

The report for self-service BI market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Self-Service BI Market 

Some of the major players of the global self-service BI market are Microsoft, IBM Corporation, Oracle, SAP SE, SAS Institute Inc., TABLEAU SOFTWARE, MicroStrategy Incorporated, QlikTech International AB, TIBCO Software Inc, Zoho Corporation Pvt. Ltd., and others.

Research Methodology: Global Self-Service BI Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Global Self-Service BI Market – Industry Trends and Forecast to 2024

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