Business Analytics And Enterprise Software Market
Information Technology

Global Business Analytics & Enterprise Software Market Size, Forecasts, And Opportunities

Learn about the global business analytics & enterprise software market through The Business Research Company, which provides information on business analytics & enterprise software market size, business analytics & enterprise software market drivers and restraints, business analytics & enterprise software market players, the COVID-19 impact on the business analytics & enterprise software market, and more.

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 business analytics & enterprise software market is expected to reach $439.73 billion in 2025 at a CAGR of 12%.

Mobility is an integrated component of digital solutions and is transforming businesses on a global scale driving demand for IT services.

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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.

Global Business Analytics & Enterprise Software Market Segments Include:

By Type: ERP Software, BI Software, CRM Software, SCM Software, Other Software

By End-User Industry: IT and Telecommunications, BFSI, Manufacturing, Retail, Healthcare, Education, Media, Others

By Deployment Model: On-Demand/Cloud, On-Premise

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 was the largest region in the global business analytics & enterprise software market, accounting for 39% of the market in 2020.

Over the past five years there has been an 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.

TBRC’s business analytics & enterprise software market report covers:

Major Market Players: 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)

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, analyses and forecasts market size, share, business analytics & enterprise software market players, business analytics & enterprise software market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s business analytics & enterprise software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

ERP Software Global Market Report 2021

CRM Software Global Market Report 2021

Software As A Service (SaaS) Global Market Report 2021  

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