Southeast Asia Data Analytics and Business Intelligence Market Booms with 7.25% CAGR Forecast for 2023-28
Southeast Asia Data Analytics and Business Intelligence Market Insights Report Overview:
According to current research by MarkNtel Advisors the Southeast Asia Data Analytics and Business Intelligence Market is estimated to grow at a CAGR of around 7.25% during the forecast period, i.e., 2023-28. Data at the, geographical levels are included in the report to assist stakeholders in better understanding supply and demand dynamics and how they affect the sector.
Professionals in the industry have conducted a thorough analysis of the Saudi Arabia Prop pants market report, which has been presented in a way that highlights the most important facts. The most up-to-date data on the market is the primary emphasis of the research. It includes several significant topics, such as corporate profiles, mergers and acquisitions, financial status, and feasibility research. It offers thorough details on industry chain analysis, marketing routes, and raw material costs. Stakeholders can learn more about market viability and financial sustainability through this abundance of information available. In addition, it provides a comprehensive picture of the market dynamics by illuminating the strategic actions made by organizations, their profiles, and the entire industry value chain.
Scope of the report:
Within the market under study, the report looks at the numerous applications, products/services, market value, and production capacity. In addition, it provides a thorough SWOT analysis, a threat and opportunity analysis, and a summary of the leading geographical. Through this, stakeholders may find out more about the market potential for application, diversity of products/services, and market value. In addition, the research offers an evaluation of the opportunities, threats, weaknesses, and strengths, enabling stakeholders to comprehend the market environment and make wise decisions.
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Southeast Asia Data Analytics and Business Intelligence Market Key Trend:
Rising Data Democratization & Integration of the AI Gaining Traction – Business firms & organizations across the Southeast Asia region are democratizing their data to make it related to the organization, market, and the customers, which is accessible by their employees, leading them to make data-driven decisions. This has also led to the emergence of self-service analytics since employees analyze the data about consumer behavior or financial reports based on their understanding & make user-friendly reports & dashboards. Moreover, the amalgamation of the technologies like AI, ML, etc., within the data analytics and business intelligence framework is gaining traction since these technologies help organizations to make predictive decisions based on consumer behavior during the historical period.
Competitive Landscape:
To provide a clear picture of the competitive environment of the studied industry, we conducted a detailed analysis of both the major players and the important small- and medium-sized businesses with significant growth potential. This Southeast Asia Data Analytics and Business Intelligence market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore, discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.
- Altair Engineering Inc.
- Microsoft Corporation
- Alteryx, Inc
- IBM Corporation
- Sisense Inc.
- SAP SE
- FICO
- Oracle Corporation
- Salesforce Inc.
- Equifax, Inc.
- TransUnion
- Zoho Corporation Pvt. Ltd.
- Mu Sigma
- QlikTech International AB
- Others (Dell Technologies, ThoughtSpot Inc., etc.)
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By identifying the high-growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities.
Southeast Asia Data Analytics and Business Intelligence Market Segmentation
-By Industry Vertical
- Healthcare
- E-commerce & Retail
- Information Technology (IT) & Telecom
- Banking, Financial Services & Insurance (BFSI)
- Hospitality
- Others (Media & Entertainment, Manufacturing, etc.)
The surge in the volume of data generated, owing to the rising number of telephone users & surging internet penetration across the Southeast Asian region, has led the IT & Telecom Industry to gain a significant share in the historical years. According to the Global System for Mobile Communications Associations (GSMA), in 2021, the 4G connections account for nearly 52% of the total mobile connection & are likely to rise more than 71% by 2025. The spike in mobile connections is generating enormous data, as a result, the telecom industries are seeking the application of data analytics to pre-process & analyze the data to provide consumers with excellent quality service, thus driving market growth.
-By Components
- Data Analytics
- Hardware
- Services
- Business Intelligence
- Solutions
- Services
-By Enterprise Size
- Small & Medium
- Large
-By Deployment
- On-premises
- Cloud
-By Application
- Data Analytics
- Business Intelligence
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Southeast Asia Data Analytics and Business Intelligence Market Geographical Reach:
-By Country
- Philippines
- Singapore
- Indonesia
- Malaysia
- Thailand
- Vietnam
- Rest of Southeast Asia
Key Benefits for Stakeholders:
- To determine the prevailing market opportunities, this research offers a quantitative study of themarket segments, current trends, projections, and shifts in the Southeast Asia Data Analytics and Business Intelligence market analysis from 2023-28.
- Information on the main factors driving the market as well as the obstacles and possibilities are provided.
- The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
- A comprehensive examination of the Southeast Asia Data Analytics and Business Intelligence market segmentation aids in identifying the dominant market opportunities.
- The major countries in each area are shown about the revenue they generate for the market.
- Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
- The research analyzes market trends for the Southeast Asia Data Analytics and Business Intelligence industry on a scale, as well as the major competitors, market segments, and industry expansion tactics.
About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.
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