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From 2022 to 2032, the embedded business intelligence market is projected to grow at a CAGR of 11.1%, from a projected value of US$ 25,600.0 Million in 2022 to US$ 73,244.0 Million. High self-service analytics adoption is credited with growth. Business intelligence (BI) and reporting tools are integrated through embedded analytics, which is application-focused. In order to analyse collected data and improve operational decisions, embedded analytics incorporates analytical capabilities into a specific application.
To gather and analyse data, update data, and then run queries to make business decisions, traditional business analytical tools need to be supported by a variety of other systems. Embedded analytics software offers opportunities for more efficient decision-making and paints a picture of the commercial landscape.
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Embedded Business Intelligence Market: Drivers and Restraints
Presently, 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 market growth in positive manner.
Time consuming implementation and high cost are the major restraints faced by most of the vendors in embedded business intelligence market.
Market Competition
Some of the key participants present in the global Embedded Business Intelligence market include
Pentation Analytics, Hitachi Vantara, Outlier, ConverSight AI, Element Data, Alteryx, and ThpughtSpot, among others.
Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as IBM, Oracle, Microsoft, SAP, SAS, Google, AWS, Salesforce, MicroStrategy, and Teradata account for a considerable market size, several regional level players are also operating across key growth regions, particularly in North America.
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Global Embedded Business Intelligence Market: Regional Outlook
On the basis of geography, Embedded Business Intelligence market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, the Embedded Business Intelligence market in North America is expected to dominate during the forecast period owing to the rising implementation and demand for business analytics tools in large enterprises. North America region is expected to be followed by Western Europe, and APAC.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Key Segments Profiled in the Embedded Business Intelligence Industry Survey
Embedded Business Intelligence Market by Deployment:
Embedded Business Intelligence Market by Services:
Embedded Business Intelligence Market by Vertical:
Embedded Business Intelligence Market by Region:
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
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