APAC Market Forecast
The self-service business intelligence (BI) market in the Asia Pacific region is projected to hold the largest revenue share of 39% by the end of 2036. The fast-digital change taking place across industries is driving strong growth in the market in the Asia Pacific region. The use of technology by enterprises in the region to improve operational efficiency and decision-making has made self-service BI solutions essential for enabling non-technical users to derive actionable insights from data.
71% of Asia Pacific businesses have increased their efforts to go through digital transformation in order to stay competitive in the quickly evolving digital market, according to a survey. The growing emphasis on making decisions based on data is one of the key drivers of the Asia Pacific self-service BI market. Self-service BI solutions are critical to democratizing data access and analysis at all organizational levels. Businesses recognize the value of making well-informed decisions based on real-time data insights.
North American Market Statistics
The self-service BI market in the North America region is projected to hold the second largest share during the forecast period. The self-service BI market in North America is driven by the escalating complexity and volume of data generated across industries. With the proliferation of data sources, including IoT devices, social media, and enterprise applications, organizations are seeking self-service BI tools to navigate and derive actionable insights from large and diverse datasets.
The emphasis on data democratization is a critical driver for the self-service BI market in North America. Organizations are recognizing the importance of empowering non-technical users to independently access and analyze data. Self-service BI tools enable a broader range of employees to make data-driven decisions, fostering a culture of innovation and agility. The integration of self-service BI with advanced analytics and machine learning is a significant growth driver in North America.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?