Global revenue in the business intelligence (BI) and analytics software market is forecast to reach $18.3 billion in 2017 an increase of 7.3 per cent from 2016. By the end of 2020, the market is forecast to grow to $22.8 billion, the market research firm Gartner said on Friday. The modern BI and analytics market is expected to decelerate, however, from 63.6 per cent growth in 2015 to a projected 19 percent by 2020. "Purchasing decisions continue to be influenced heavily by business executives and users who want more agility and the option for small personal and departmental deployments to prove success.
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Global revenue in the business intelligence (BI) and analytics software market is forecast to reach $18.3 billion in 2017 an increase of 7.3 per cent from 2016. By the end of 2020, the market is forecast to grow to $22.8 billion, the market research firm Gartner said on Friday. The modern BI and analytics market is expected to decelerate, however, from 63.6 per cent growth in 2015 to a projected 19 percent by 2020. "Purchasing decisions continue to be influenced heavily by business executives and users who want more agility and the option for small personal and departmental deployments to prove success.
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