The Final Report will cover the analysis of the Impact of Covid-19 on this industry.
BI is an analytic
data software that tracks data and provides streamlined information to
organizations, which helps them take effective business decisions. Rapid
digitization leads to enormous data fragmentation, thereby necessitating the
need for data analytics software. Further, the emergence of several online
businesses and startups may augment the adoption of BI. In addition, the rising
demand for effective data management solutions is expected to fuel market
development in the upcoming years.
A motion-control system initiates and controls the movement
of a load to perform work. It is capable of precise speed, position, and torque
control. Examples of the use of motion control are applications requiring the
positioning of a product, synchronization of separate elements, or the rapid
start and stop of motion. Motion control systems are comprised of three basic
components, that is, controller, drive or amplifier, and motor. An increase in
the adoption of advanced and automated processes for factory automation is the
prime factor that drives the growth of the motion control market.
Business
Intelligence (BI) Market is anticipated to cross USD 23.763 Billion in 2027,
registering a CAGR of 14% during the forecast period 2021- 2027.
Top Impacting Factors:
Market Scenario Analysis, Trends, Drivers, and Impact Analysis
The rapid increase in the need for virtual assistants, rise in usage of social media for advertising, and high adoption of customer-centric marketing strategies are the factors that drive the growth of artificial intelligence in the marketing market. In addition, advancements in big data analytics and an increase in the use of AI-based products and services to enhance consumer experience are also expected for market growth. However, the high cost of maintenance, continuous supervision, and security issues are the factors expected to hamper Business Intelligence (BI) market growth. Furthermore, the rise in adoption of cloud-based applications & services and the growth of marketing analytics are expected to create lucrative opportunities that will lead to the growth of artificial intelligence in the marketing market.
The Major Players Covered in this Report:
- IBM
- Oracle
- SAP
- SAS Institute
- Adobe Systems
- Attensity Group
- Beevolve
- Clarabridge
- Crimson Hexagon
- Evolve24
- Google
- HP
- Kapow Software/ Kofax
- Lithium Technologies
- NetBase Solutions
- Radian6/Salesforce
By Type, Business Intelligence (BI) has been
segmented into:
·
On-premises
·
Cloud
By Application, Business Intelligence (BI) has been
segmented into:
·
Manufacturing
·
BFSI
·
IT
& Telecom
·
Retail
·
Healthcare
·
Logistics
·
Education
Market Segment by
Regions and Countries Level Analysis:
·
North America (U.S., Canada, Mexico)
·
Europe (Germany, U.K., France, Italy, Russia,
Spain, Rest of Europe)
·
Asia-Pacific (China, India, Japan, Southeast
Asia, Rest of APAC)
·
Middle East & Africa (GCC Countries, South
Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market
as well as its indirect impact on other industries. During the analysis period,
the impact of the Covid-19 pandemic on the market is predicted to be
significant. From a worldwide and regional viewpoint, this report examines the
influence of the pandemic on the Business Intelligence (BI) industry. The study
categorizes the Aerospace Carbon Fiber industry by type, application, and
consumer sector to determine market size, market features, and market growth.
It also includes a thorough examination of the factors that influenced market
development before and after the Covid-19 pandemic. In addition, the research
did a pest analysis in the sector to investigate major influencers and entrance
obstacles.
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