The business analytics & enterprise software market size is expected to see rapid growth in the next few years. It will grow to $903.88 billion in 2028 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to data privacy concerns, augmented analytics, sustainability initiatives, e-commerce growth, quantum computing developments, smart cities initiatives. Major trends in the forecast period include adoption of artificial intelligence (ai) in business solutions, real-time data processing and analytics, cloud-based enterprise software, blockchain integration in business applications, personalization and customization.
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Segmentation & Regional Insights
The business analytics & enterprise software market covered in this report is segmented –
1) By Type: ERP Software, BI Software, CRM Software, SCM Software, Other Software
2) By Deployment Model: On-Demand/Cloud, On-Premise
3) By End-User Industry: IT and Telecommunications, BFSI, Manufacturing, Retail, Healthcare, Education, Media, Other End-User Industries
Asia-Pacific was the largest region in business analytics & enterprise software market in 2023. North America was the second largest region in business analytics & enterprise software market. The regions covered in the business analytics & enterprise software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Mobility is an integrated component of digital solutions and is transforming businesses on a global scale driving demand for IT services. It is an essential feature for customer experience management and for enhancing interaction amongst strategic partners and suppliers. It also provides greater access to information and services which can be integrated to execute critical business operations. The development and implementation of mobile applications requires IT services. For example, Tieto’s competitive asset in mobility and Tieto’s enterprise mobility solution framework offers customized solutions to companies operating in healthcare, logistics, telecommunications, energy and manufacturing verticals.
Key Industry Players
Major companies operating in the business analytics & enterprise software market report are Nippon Telegraph And Telephone Corp., International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Salesforce.com, Fiserv Inc., Adobe Systems Incorporated, Leidos, Atos SE, Workday Inc., SAS Institute Inc., Teradata Corporation, Tibco Software Inc., Fair Isaac Corporation, Alteryx Inc., QlikTech International AB, Domo Inc., ThoughtSpot Inc., Mixpanel Inc., Sisense Inc., RapidMiner Inc., Domino Data Lab, PanTerra Networks Inc., Cloudability Inc., Densify Inc., Google LLC, Tableau Software Inc., Infor, BOARD International, GoodData Corporation, Datameer Inc., Yellowfin BI
The business analytics & enterprise software market report table of contents includes:
1. Executive Summary
2. Business Analytics & Enterprise Software Market Characteristics
3. Business Analytics & Enterprise Software Product/Service Analysis -Product/Service Examples
4. Business Analytics & Enterprise Software Market Trends And Strategies
5. Business Analytics & Enterprise Software Market – Macro Economic Scenario
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68. Global Business Analytics & Enterprise Software Market Competitive Benchmarking
69. Global Business Analytics & Enterprise Software Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Business Analytics & Enterprise Software Market
71. Business Analytics & Enterprise Software Market Future Outlook and Potential Analysis
72. Appendix
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