The global self-service BI market size reached US$ 9.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.0 Billion by 2032, exhibiting a growth rate (CAGR) of 13.1% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Self-Service BI Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global self-service BI market size reached US$ 9.0 Billion in
2023.
Self-service business intelligence (BI) is a software developed with a data
analytics approach. It enables business users to access and analyze business
data without statistical analysis, BI knowledge, or data mining background. The
software allows the implementation and installation of analytical solutions
without the need for IT or data professionals.
Self-service BI tools also permit the average employee to gain understanding
and insights from data, enabling informed business strategies and decision-
making. It also helps businesses promote collaborations on different divisions
and utilize ad hoc querying. As a result, it finds application across a multitude
of business functions, including operations, sales, marketing, finance,
production, and human resources sectors.
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service-bi-market/requestsample
4. Report Description
Global Self-Service BI Market Trends:
The market is primarily driven by the rising data-driven decision-making models among enterprises that require
technical guidance or a dedicated team. In addition, the increasing adoption of cloud computing services and the
growing volume of business data are fueling the market growth. For instance, there has been increasing volume of
structured and unstructured data across the globe, which is escalating the demand for self-service BI. Moreover,
financial institutions like banks are aiming to make their workforce efficient using technology-driven processes for
analyzing data and representing actionable information.
Due to this, the adoption of BI solutions in banks reduces ongoing costs and maximizes existing talent utilization
and resources, thereby fueling the need for self-service BI solutions. Besides this, self-service BI helps corporate
executives to make data-driven business decisions and decentralize the business analytical process.
Furthermore, factors such as rapid urbanization, increasing penetration of the internet, and the rising influence of
social media platforms are positively influencing the market growth.
Looking forward, the market is expected to grow at a CAGR of 13.1% during the forecast period (2024-
2032).
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5. Report
Segmentation
Breakup by Component:
• Software
• Services
Breakup by Deployment Model:
• On-premises
• Cloud-based
Breakup by Application:
• Sales and Marketing
• Customer Engagement and Analysis
• Fraud and Security Management
• Risk and Compliance Management
• Predictive Asset Maintenance
• Supply Chain Management and Procurement
• Others
6. Report
Segmentation
Breakup by Industry Vertical:
• BFSI
• Retail and E-Commerce
• Telecom and IT
• Government and Defense
• Healthcare
• Manufacturing
• Media and Entertainment
• Transportation and Logistics
• Energy and Utilities
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• Cisco Systems Inc.
• HCL Technologies Limited
• Hewlett Packard Enterprise Company
• International Business Machines Corporation
• Microsoft Corporation
• MicroStrategy Incorporated
• Oracle Corporation
• QlikTech International AB
• SAP SE
• SAS Institute Inc.
• Tableau Software LLC (Salesforce.com Inc.)
• TIBCO Software Inc.
• UiPath Inc.
• Zoho Corporation Pvt. Ltd.
8. Key Questions
Answered in
the Report
How big is the global self-service BI market?
What is the expected growth rate of the global self-service BI
market during 2024-2032?
What are the key factors driving the global self-service BI
market?
What has been the impact of COVID-19 on the global self-
service BI market?
What is the breakup of the global self-service BI market based
on the component?
What is the breakup of the global self-service BI market based
on the deployment model?
9. Key Questions
Answered in
the Report
What is the breakup of the global self-service BI market based
on the application?
What is the breakup of the global self-service BI market based
on the industry vertical?
What are the key regions in the global self-service BI market?
Who are the key players/companies in the global self-service
BI market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Self -Service BI Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Services
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Deployment Model
7.1 On-premises
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
11. Table of
Contents
7.2 Cloud-based
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Application
8.1 Sales and Mark eting
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Customer Engagement and Analysis
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Fraud and Security Management
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Risk and Compliance Management
8.4.1 Market Trends
8.4.2 Mark et Forecast
8.5 Predictive Asset Maintenance
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
8.6 Supply Chain Management and Procurement
8.6.1 Mark et Trends
8.6.2 Mark et Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Mark et Forecast
9 Market Breakup by Industry Vertical
9.1 BFSI
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
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