Markntel Advisors’ report, Southeast Asia Data Analytics and Business Intelligence Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2028, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Southeast Asia Data Analytics and Business Intelligence presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Southeast Asia Data Analytics and Business Intelligence Market Research Report & Market Summary:
The Southeast Asia Data Analytics and Business Intelligence market is projected to grow at a CAGR of around 7.25% during the forecast period, i.e., 2023-28. The factors attributing to market expansion are the surging adoption of digital technologies like artificial intelligence, internet of things (IoT), etc., by small-scale & medium-scale enterprises to stay ahead of the competitive organizations. These services provide the organizations with data concerning the functioning of the firms, which helps the enterprises to improve their operational efficiency. Owing to this, enterprises are actively looking for these services to streamline the production or manufacturing process in the industries, minimize costs associated with the production process, and improve overall efficiency.
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Southeast Asia Data Analytics and Business Intelligence Market Dynamics:
Key Driver-
Growing E-commerce Platform in the Region to Amplify the Market - Individuals in the Southeast Asian region are gradually inclining towards e-commerce platforms to make purchases of the necessary commodities owing to the rise in net disposable income. Consumers are spending quality time on e-commerce websites like Lazada, Shoppee, etc., surfing about the goods the companies are offering, generating a lot of data concerning consumer behavior. Owing to this, it becomes necessary for e-commerce companies to opt for data analytics and business intelligence services to gain valuable business insights & help the organizations make informed decisions about marketing strategies, inventory management, pricing, and other pivotal areas of their operations. According to the organization 'web retailer' in 2022, the e-commerce platform Shoppe recorded yearly traffic of around 342.8 million users.
The significant adoption of e-commerce platforms by individuals owing to the advantages like flexibility, availability of global brands, etc., it offers over traditional shopping methods is enhancing the growth of the e-commerce platforms in the region. The evolution & expansion of e-commerce platforms in Southeast Asian countries is further propagating the use of these services to gain a competitive advantage over other players in the market & expand their consumer base by providing end-users with the products of their choice. Thus, the application of these services to make informed decisions about consumer purchases is driving the market in the ensuing years.
Southeast Asia Data Analytics and Business Intelligence Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Components
- Data Analytics
- Software
- Credit Risk Management
- Business Intelligence Solutions
- CRM Analytics
- Compliance Analytics
- Workforce Analytics
- Others (Content Analytics, Supply Chain Analytics, etc.)
- Hardware
- Services
- Software
Business Intelligence
- Solutions
- Dashboard and Scorecards
- Data Integration and ETL
- Reporting & Visualization
- Query & Analysis
- Services
- Consulting
- Integration Deployment
- Support & Maintenance
By Enterprise Size
- Small & Medium
- Large
By Industry Vertical
- Healthcare & Lifesciences
- E-commerce and Retail
- IT and Telecom
- 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.
By Deployment
- On-premises
- Cloud
The numerous benefits like flexibility, scalability, and easy operability offered by the Cloud over conventional on-premise deployment have led the cloud-based segment to acquire a notable share in the historical years.
By Application
- Data Analytics
- Data Discovery & Visualization
- Advanced Analytics
- Others (Data Preparation, etc.)
- Business Intelligence
- Customer Analytics
- Supply Chain Analytics
- Marketing Analytics
- Pricing Analytics
- Financial Performance and Strategy Management
- Others (Spatial Analytics, Workforce Analytics, etc.)
By Country
- Philippines
- Singapore
- Indonesia
- Malaysia
- Thailand
- Vietnam
- Rest of Southeast Asia.
Singapore witnessed a surge in internet penetration over the past few years, which compelled enterprises to digitalize their business operation with the help of advanced technologies such as artificial intelligence, machine learning, etc.
As indicated in the latest market research report published by Markntel Advisors, “Southeast Asia Data Analytics and Business Intelligence Research Report: Forecast (2023-2028)”, this report offers a detailed analysis of the industry, featuring insights into the Southeast Asia Data Analytics and Business Intelligence industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/southeast-asia-data-analytics-bi-market.html
Top Companies Operating in the Southeast Asia Data Analytics and Business Intelligence Market:
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- SAP
- Amazon Web Services
- Salesforce Inc.
- TIBCO Software
- Qlik
- Board International
- Infor
- Dundas Data Visualization, Inc.
- dotData
- Amlgo Labs
- vPhrase
- TARGIT
- Other (Alteryx, Inc., Zoho Corporation Pvt. Ltd., etc.).
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
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