BI & Analytics Consulting

September 2017

Sectorwatch

According to Gartner latest forecast, the global revenue in the business intelligence (BI) and analytics software market is forecasted to reach $18.3 billion in 2017, an increase of 7.3 percent from 2016. By the end of 2020, the market is forecasted to grow to $22.8 billion. 

Industry Trends:

  • Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
  • Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
  • Current EBITDA margin exceeds the average of the last 3 years EBITDA margin, a condition that may attract new entrants