Global Self-Service BI Market Overview
According to SPER Market Research, the Global Self-Service BI Market is estimated to reach USD 36.60 billion by 2032 with a CAGR of 15.68%.
Self-service BI is a piece of software that was created using a data analytics strategy so that business people may access and evaluate corporate data without having any prior understanding of statistical analysis, BI, or data mining. Self-service BI consists of a set of tools that let users manage their acquired data and convert the raw analytics data into organized reports, which in turn aids businesses in streamlining decision-making throughout the entire organization. These solutions also enable firms to encourage cross-divisional collaboration and use ad hoc querying. Without involving the organization's BI and IT personnel, self-service BI solutions allow users to sort, filter, analyze, and visualize data in pictorial format, such as graphs.Prior to now, business insights based on business data were not provided by business intelligence (BI) tools and platforms. Due to this, BI tools underwent technological breakthroughs, and business intelligence analytics began to emerge.
Modern BI solutions have analytics features that can provide new reports with accurate and factual information. The need for self-service business information and analytics systems has increased as a result of this traction.Due to the growing amount of corporate data, more organizations are becoming data-driven, which has increased demand for self-service BI solutions because they offer quick data insights. The high initial costs associated with implementing self-service BI solutions, however, are a significant restraint on the global market and are anticipated to limit market expansion to some extent. Another advantageous aspect of the self-service BI market trends is the spread of self-service analytics solutions among small and medium-sized businesses.
The amount of data produced by company processes increased as a result of digitization. Business users can integrate and analyze data from different silos and real-time data into reports with the use of self-service BI tools. Additionally, business developers or important executives want systems that provide them access to an adaptive semantic model and allow them to function as data modelers. Business users can alter dashboards and reports with the aid of self-service BI tools, and they can also assist users in filtering or creating reports based on their key performance indicators. The worldwide self-service BI market is hence anticipated to develop over the course of the forecast period as a result.
Impact of COVID-19 on the Global Self-Service BI Market
Because businesses all over the world are implementing BI and analytics to carry out their goals and strategies for survival during the crisis, the self-service BI market is anticipated to expand throughout the Covid-19 epidemic.
Self-service BI market demand has increased due to the growing acceptance of the "work from home" idea amid lockdown by industries including IT and telecom, media and entertainment, healthcare, e-commerce & retail, and BFSI.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Component, By Service, By Deployment, By Business Function, By Application, By End User
|
Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | Alteryx, Inc., Automation Anywhere, Inc., Birst, Inc., Blue Prism Limited, Cisco Systems, Inc., Domo, Inc., HCL Technologies Limited, Hewlett Packard Enterprise Company, Hitachi Vantara Corporation, IBM Corporation, Logi Analytics, MapR Technologies, Inc., Microsoft Corporation, Nice Robotic Automation, Oracle, Pegasystems Inc., QlikTech International AB, RapidMiner Inc., SAS Institute Inc., Sisense Inc., TARGIT, TIBCO Software Inc., UIPATH, Zoho Corporation Pvt. Ltd.
|
Target Audience
- Advisory Firms
- Equity Research Firms
- Investment Houses
- National Regulatory Authorities
- Original Equipment Manufacturers (OEMs)
- Private Equity Groups
- Solution Vendors
- System Integrators
- Venture Capitalists
Global Self-Service BI Market Segmentation:
1. By Component:
2. By Service:
- Managed Services
- Professional Services
- Consulting Services
- Deployment and Integration
- Support and Maintenance
3. By Deployment:
- Hostel/on-cloud
- On-premises
4. By Business Function:
- Finance
- Human Resources
- Marketing
- Operations
- Sales
5. By Application:
- Customer Engagement & Analysis
- Fraud & Security Management
- Operations Management
- Predictive Asset Maintenance
- Risk & Compliance Management
- Sales & Marketing
- Supply Chain Management & Procurement
6. By End User
- BFSI
- Energy & Utilities
- overnment & Defense
- G4 Healthcare
- Manufacturing
- Media & Entertainment
- Retail & e-Commerce
- Telecom & IT
7. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Self-Service BI Market (FY’2019-FY’2032)
- Overview of Global Self-Service BI Market
- Segmentation of Global Self-Service BI Market By Component (Services, Solutions)
- Segmentation of Global Self-Service BI Market By Service (Managed Services, Professional Services)
- Segmentation of Global Self-Service BI Market By Deployment (Hostel/on-cloud, On-premises)
- Segmentation of Global Self-Service BI Market By Business Function (Finance, Human Resources, Marketing, Operations, Sales)
- Segmentation of Global Self-Service BI Market By Application (Customer Engagement & Analysis, Fraud & Security Management, Operations Management, Predictive Asset Maintenance, Risk & Compliance Management, Sales & Marketing, Supply Chain Management & Procurement, Others)
- Segmentation of Global Self-Service BI Market By End User (BFSI, Energy & Utilities, Government & Defense, Healthcare, Manufacturing, Media & Entertainment, Retail & e-Commerce, Telecom & IT, Transportation & Logistics, Others)
- Statistical Snap of Global Self-Service BI Market
- Global Self-Service BI Market Growth Analysis
- Problems and Challenges in Global Self-Service BI Market
- Global Self-Service BI Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Self-Service BI Market
- Details on Recent Investment in Global Self-Service BI Market
- Competitive Analysis of Global Self-Service BI Market
- Major Players in the Global Self-Service BI Market
- SWOT Analysis of Global Self-Service BI Market
- Global Self-Service BI Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Self-Service BI Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Self-Service BI Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Self-Service BI Market
7. Global Self-Service BI Market, By Component, 2019-2032 (USD Million)
7.1 Services
7.2 Solutions
8. Global Self-Service BI Market, By Service, 2019-2032 (USD Million)
8.1 Managed Services
8.2 Professional Services
8.2.1 Consulting Services
8.2.2 Deployment and Integration
8.2.3 Support and Maintenance
9. Global Self-Service BI Market, By Deployment,2019-2032 (USD Million)
9.1 Hostel/on-cloud
9.2 On-premises
10. Global Self-Service BI Market, By Business Function, 2019-2032 (USD Million)
10.1 Finance
10.2 Human Resources
10.3 Marketing
10.4 Operations
10.5 Sales
11. Global Self-Service BI Market, By Application, 2019-2032 (USD Million)
11.1 Customer Engagement & Analysis
11.2 Fraud & Security Management
11.3 Operations Management
11.4 Predictive Asset Maintenance
11.5 Risk & Compliance Management
11.6 Sales & Marketing
11.7 Supply Chain Management & Procurement
11.8 Others
12. Global Self-Service BI Market, By End User, 2019-2032 (USD Million)
12.1 BFSI
12.2 Energy & Utilities
12.3 Government & Defense
12.4 Healthcare
12.5 Manufacturing
12.6 Media & Entertainment
12.7 Retail & e-Commerce
12.8 Telecom & IT
12.9 Transportation & Logistics
12.10 Others
13. Global Self-Service BI Market, By Region, 2019-2032 (USD Million)
13.1 Global Self-Service BI Market and Market Share by Region (2019-2025)
13.2 Global Self-Service BI Market and Market Share by Region (2026-2032)
13.3 Asia-Pacific
13.3.1 Australia
13.3.2 China
13.3.3 India
13.3.4 Japan
13.3.5 South Korea
13.3.6 Rest of Asia-Pacific
13.4 Europe
13.4.1 France
13.4.2 Germany
13.4.3 Italy
13.4.4 Spain
13.4.5 United Kingdom
13.4.6 Rest of Europe
13.5 Middle East and Africa
13.5.1 Kingdom of Saudi Arabia
13.5.2 United Arab Emirates
13.5.3 Rest of Middle East & Africa
13.6 North America
13.6.1 Canada
13.6.2 Mexico
13.6.3 United States
13.7 Latin America
13.7.1 Argentina
13.7.2 Brazil
13.7.3 Rest of Latin America
14. Company Profiles
14.1 Alteryx, Inc.
14.1.1 Company details
14.1.2 Financial outlook
14.1.3 Product summary
14.1.4 Recent developments
14.2 Automation Anywhere, Inc.
14.2.1 Company details
14.2.2 Financial outlook
14.2.3 Product summary
14.2.4 Recent developments
14.3 Birst, Inc.
14.3.1 Company details
14.3.2 Financial outlook
14.3.3 Product summary
14.3.4 Recent developments
14.4 Blue Prism Limited
14.4.1 Company details
14.4.2 Financial outlook
14.4.3 Product summary
14.4.4 Recent developments
14.5 Cisco Systems, Inc.
14.5.1 Company details
14.5.2 Financial outlook
14.5.3 Product summary
14.5.4 Recent developments
14.6 Domo, Inc.
14.6.1 Company details
14.6.2 Financial outlook
14.6.3 Product summary
14.6.4 Recent developments
14.7 HCL Technologies Limited
14.7.1 Company details
14.7.2 Financial outlook
14.7.3 Product summary
14.7.4 Recent developments
14.8 Hewlett Packard Enterprise Company
14.8.1 Company details
14.8.2 Financial outlook
14.8.3 Product summary
14.8.4 Recent developments
14.9 Hitachi Vantara Corporation
14.9.1 Company details
14.9.2 Financial outlook
14.9.3 Product summary
14.9.4 Recent developments
14.10 IBM Corporation
14.10.1 Company details
14.10.2 Financial outlook
14.10.3 Product summary
14.10.4 Recent developments
14.11 Logi Analytics
14.11.1 Company details
14.11.2 Financial outlook
14.11.3 Product summary
14.11.4 Recent developments
14.12 MapR Technologies, Inc.
14.12.1 Company details
14.12.2 Financial outlook
14.12.3 Product summary
14.12.4 Recent developments
14.13 Microsoft Corporation
14.13.1 Company details
14.13.2 Financial outlook
14.13.3 Product summary
14.13.4 Recent developments
14.14 Nice Robotic Automation
14.14.1 Company details
14.14.2 Financial outlook
14.14.3 Product summary
14.14.4 Recent developments
14.15 Oracle
14.15.1 Company details
14.15.2 Financial outlook
14.15.3 Product summary
14.15.4 Recent developments
14.16 Pegasystems Inc.
14.16.1 Company details
14.16.2 Financial outlook
14.16.3 Product summary
14.16.4 Recent developments
14.17 QlikTech International AB
14.17.1 Company details
14.17.2 Financial outlook
14.17.3 Product summary
14.17.4 Recent developments
14.18 RapidMiner Inc.
14.18.1 Company details
14.18.2 Financial outlook
14.18.3 Product summary
14.18.4 Recent developments
14.19 SAS Institute Inc.
14.19.1 Company details
14.19.2 Financial outlook
14.19.3 Product summary
14.19.4 Recent developments
14.20 Sisense Inc.
14.20.1 Company details
14.20.2 Financial outlook
14.20.3 Product summary
14.20.4 Recent developments
14.21 TARGIT
14.21.1 Company details
14.21.2 Financial outlook
14.21.3 Product summary
14.21.4 Recent developments
14.22 TIBCO Software Inc.
14.22.1 Company details
14.22.2 Financial outlook
14.22.3 Product summary
14.22.4 Recent developments
14.23 UIPATH
14.23.1 Company details
14.23.2 Financial outlook
14.23.3 Product summary
14.23.4 Recent developments
14.24 Zoho Corporation Pvt. Ltd.
14.24.1 Company details
14.24.2 Financial outlook
14.24.3 Product summary
14.24.4 Recent developments
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.