Business Intelligence software revenue worldwide 2028

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The global revenue in the business intelligence software segment of the software market was forecast to continuously increase between 2024 and 2028 by in total 6.8 billion U.S. dollars (+24.85 percent). After the twelfth consecutive increasing year, the indicator is estimated to reach 34.16 billion U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the business intelligence software segment was continuously increasing over the past years.

Business intelligence software segment revenue worldwide from 2016 to 2028 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Business Intelligence Software market covers software applications that support organizations in analyzing, visualizing, and reporting data. They are also used to present information in a business context and thus support rational business decisions. These applications help to access data, implement queries, create reports, and perform advanced predictive analytics.

Products in the Business Intelligence Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Business Intelligence Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).

Key players in this market include SAS Institute, SAP, and IBM.

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