The Global Business Analytics & Enterprise Software Market Report by The Business Research Company covers business analytics & enterprise software market drivers and restraints, business analytics & enterprise software market size, major players, and the impact of COVID-19 on the business analytics & enterprise software market.
The business analytics & enterprise software market consists of sales of business analytics and enterprise software by entities (organizations, sole traders and partnerships) that produce business analytics and enterprise software designed to analyze business data to better understand an organization’s strengths and weaknesses. Enterprise software is a software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, clubs, charities, and governments.
Mobility is an integrated component of digital solutions and is transforming businesses on a global scale driving demand for IT services. The global business analytics & enterprise software market is expected to grow from $260.84 billion in 2020 to $275.11 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $439.73 billion in 2025 at a CAGR of 12%.
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Some business analytics & enterprise software market trends include increasing prevalence of low-cost open-source alternatives. Open source has become a preferred platform for developing new technology. In the past, software product companies would open-source software that was not making money, but now companies are open sourcing software to increase its presence and share in the market.
Global business analytics & enterprise software market segments include:
1) By Type: ERP Software, BI Software, CRM Software, SCM Software, Other Software.
2) By End-User Industry: IT and Telecommunications, BFSI, Manufacturing, Retail, Healthcare, Education, Media, Others.
3) By Deployment Model: On-Demand/Cloud, On-Premises.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global business analytics & enterprise software market, accounting for 39% of the total market.
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The Business Analytics & Enterprise Software Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides business analytics & enterprise software market overviews, analyzes and forecasts market size, share, business analytics & enterprise software market players, business analytics & enterprise software market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The business analytics & enterprise software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Business Analytics & Enterprise Software Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: SAP, SAS Institute, IBM Corporation, Oracle Corporation, Tableau Software Inc
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Business Analytics & Enterprise Software Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Business Analytics & Enterprise Software Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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