Embedded Business Intelligence is the integration of self-service business intelligence tools into the commonly used business applications. Some forms of embedded business intelligence tools extend functionality to mobile devices in order to ensure that the distributed workforce can have identical access to identical BI for better real-time collaboration. In enterprise application, business intelligence tools supports an enhanced user experience with real time analytics, visualization, and interactive reporting.
MARKET SCOPE
The "Global Embedded Business Intelligence Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the embedded business intelligence market with detailed market segmentation by deployment mode, services, vertical, and geography. The report provides key statistics on the market status of the leading embedded business intelligence market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on deployment mode, the global embedded business intelligence market is segmented into on-premises and saas.
- On the basis of services, the market is segmented into professional services and support services.
- Based on vertical, the market is segmented into BFSI, healthcare, retail, telecom, and others.
MARKET DYNAMICS
Drivers:
- Software vendors are adopting embedded business intelligence and analytics for improving their overall operational efficiency and ROI is turning to be the major driving factor of the embedded business intelligence market.
- The large adoption of web-based and cloud based BI is another major factor driving the Embedded Business Intelligence market growth in positive manner.
Restraints:
- High initial cost may hinder the growth of embedded business intelligence market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The embedded business intelligence market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the embedded business intelligence market in these regions.
IMPACT OF COVID-19 ON EMBEDDED BUSINESS INTELLIGENCE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the embedded business intelligence market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from embedded business intelligence market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the embedded business intelligence market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- IBM
- TIBCO Software Inc.
- Logi Analytics
- Looker Data Sciences, Inc.
- MICROSTRATEGY INCORPORATED.
- Mode Analytics, Inc.
- Oracle
- QlikTech International AB
- SAS Institute Inc.
- Sisense Inc.