Key Findings
The Asia-Pacific business intelligence market is set to accelerate with a 10.45% CAGR during the forecasting years 2023 to 2032. The presence of lucrative business expansion projects, a high rate of IT adoption, increasing IT skills, and outsourcing trends are expected to boost the market growth in the region.
Market Insights
The Asia-Pacific business intelligence market growth evaluation entails the assessment of South Korea, Japan, China, Australia & New Zealand, Indonesia, India, Singapore, and Rest of Asia-Pacific. The India business intelligence market is expected to grow with a major thrust on developing data science and modern BI platforms. Banking and financial services institutions in the country are some of the highest spenders in data and analytics, followed by retail, marketing & advertising and e-commerce. Further, technology & media, healthcare, and pharmaceutical companies are expected to infuse significant investments into India’s data and analytics sector during the forecast period.
On the other hand, the data analytics and business intelligence market in South Korea is one of the fastest-growing, with a strong recognition within the country’s business community of the value of applying data techniques to business processes. South Korea’s large conglomerates are looking for best-in-class products worldwide. Moreover, government support programs aim at helping small and medium enterprises with the help of global tech solutions. There is, therefore, plenty of potential in the country for data analytics along with BI firms with the right go-to-market strategy and a strong value proposition.
Competitive Insights
Leading players operating in the market include IBM Corporation, VMware, etc.
Our report offerings include:
The Asia-Pacific business intelligence market is set to accelerate with a 10.45% CAGR during the forecasting years 2023 to 2032. The presence of lucrative business expansion projects, a high rate of IT adoption, increasing IT skills, and outsourcing trends are expected to boost the market growth in the region.
Market Insights
The Asia-Pacific business intelligence market growth evaluation entails the assessment of South Korea, Japan, China, Australia & New Zealand, Indonesia, India, Singapore, and Rest of Asia-Pacific. The India business intelligence market is expected to grow with a major thrust on developing data science and modern BI platforms. Banking and financial services institutions in the country are some of the highest spenders in data and analytics, followed by retail, marketing & advertising and e-commerce. Further, technology & media, healthcare, and pharmaceutical companies are expected to infuse significant investments into India’s data and analytics sector during the forecast period.
On the other hand, the data analytics and business intelligence market in South Korea is one of the fastest-growing, with a strong recognition within the country’s business community of the value of applying data techniques to business processes. South Korea’s large conglomerates are looking for best-in-class products worldwide. Moreover, government support programs aim at helping small and medium enterprises with the help of global tech solutions. There is, therefore, plenty of potential in the country for data analytics along with BI firms with the right go-to-market strategy and a strong value proposition.
Competitive Insights
Leading players operating in the market include IBM Corporation, VMware, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments