![]() dollars, 2.1 billion, and 1.9 billion respectively in 2018. ![]() The leading companies in the business intelligence and analytics market are Microsoft, SAP and IBM, with revenues of 2.6 billion U.S. ![]() Business analytics tools, on the other hand, are used to analyze data to be able to predict business trends. These software programs make it easier for companies and businesses to accomplish their corporate goals, by helping to improve supply chain management, manage resources, or interact better with customers, among others.īusiness intelligence applications are used to collect and analyze current, actionable data in order to maintain, optimize or streamline business operations. dollars in 2020 - aims at responding to the needs of organizations. Enterprise application software - a market with worldwide revenues of 212 billion U.S. The business intelligence and analytics software application market is a subsegment of the enterprise application software market. dollars in 2020 to more than 18 billion in 2025. The tool continues to deliver today, offering fast and comprehensive reporting tools and best-in-class security features. The market size for business intelligence and analytics software applications is forecast to increase worldwide over the next few years from 15.2 billion U.S. A pioneer in business intelligence software, MicroStrategy was one of the first BI tools to be picked up by large corporations after McDonald’s signed a 10 million contract with the company in 1992.
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