The Global Business Intelligence and Analytics Software market is projected to reach $ 35.26 billion by 2022 growing at a CAGR of 8.84% during the forecast period 2014 to 2022. Rising data quantity, demand of mobile BI and analytics, soaring competition across businesses are some of the key factors fueling the market growth. However, the lack of skilled workers and high costs are the factors inhibiting the growth of the global business intelligence and analytics software market. Embedded business intelligence creates ample opportunities for the vendors of this market.
Locality- Based Intelligence is observed as the key market trend.