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Business Intelligence Software - Indonesia

Indonesia
  • The projected revenue in the Business Intelligence Software market for Indonesia is expected to reach US$51.52m in 2025.
  • This projection indicates a positive trend in the market's growth.
  • Furthermore, it is anticipated that the revenue will continue to increase at an annual growth rate of 8.76%, resulting in a market volume of US$72.09m by 2029.
  • When examining the average Spend per Employee in the Business Intelligence Software market for Indonesia, it is projected to reach US$0.36 in 2025.
  • This metric reflects the amount of money invested per employee in utilizing Business Intelligence Software market.
  • In a global context, it is worth noting that United States is expected to generate the highest revenue in the Business Intelligence Software market, with an estimated amount of US$14.64bn in 2025.
  • This figure highlights the dominant position of the United States in terms of market size and revenue generation.
  • Indonesia's business intelligence software market is rapidly growing, driven by the country's increasing demand for data-driven insights and analytics.

Definition:

The Business Intelligence Software market covers software applications that support organizations in analyzing, visualizing, and reporting data. They are also used to present information in a business context and thus support rational business decisions. These applications help to access data, implement queries, create reports, and perform advanced predictive analytics.

Products in the Business Intelligence Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Business Intelligence Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).

Key players in this market include SAS Institute, SAP, and IBM.

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In-Scope
  • Reporting & analysis software, such as Zoho Analytics, IBM Cognos Analytics, and Domo
  • Advanced & predictive analytics, such as Tableau, Amazon Forecast, and Adobe Analytics
Out-Of-Scope
  • AI software platforms, such as OpenAI, Alphabet, and DeepMind
  • Supply chain and product analytics, such as Azure Machine Learning, Tableau, and Qlik Supply Chain Analytics
  • Analytic data management and integration, such as SAS, IBM, TIBCO, and DataStax
  • Analytics and performance management applications, such as Paycor, BambooHR, and Lattice
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Market Insights

    2016
    2017
    2018
    2019
    2020
    2021
    2022
    2023
    2024
    2025
    2026
    2027
    2028
    Gartner2,931.563,245.243,658.764,168.68
    IDC1,910.482,187.442,406.322,360.882,587.562,841.123,082.63,378.56
    Statista1,687.321,815.241,966.682,073.122,126.682,298.922,440.522,636.042,780.922,923.43,061.163,197.723,362.96

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The demand for Business Intelligence Software in Indonesia has been steadily increasing in recent years.

    Customer preferences:
    Indonesian companies are increasingly looking for ways to streamline their operations and make data-driven decisions. Business Intelligence Software provides them with the tools to do so. In particular, companies are looking for software that is user-friendly, customizable, and can integrate with their existing systems.

    Trends in the market:
    One of the key trends in the Indonesian Business Intelligence Software market is the rise of cloud-based solutions. Cloud-based software offers several advantages over traditional on-premises solutions, including lower costs, greater scalability, and easier access to data. Another trend is the increasing use of artificial intelligence and machine learning in Business Intelligence Software. These technologies can help companies identify patterns and insights in their data that would be difficult or impossible to detect manually.

    Local special circumstances:
    Indonesia is a rapidly developing country with a large and growing middle class. As a result, there is a significant demand for technology solutions that can help businesses keep up with the pace of change. However, there are also challenges to doing business in Indonesia, including a complex regulatory environment and a shortage of skilled workers in certain fields.

    Underlying macroeconomic factors:
    Indonesia's economy has been growing steadily in recent years, with a focus on developing its manufacturing and service sectors. This growth has led to an increase in demand for technology solutions across a range of industries. Additionally, the Indonesian government has been investing in infrastructure and technology initiatives to support the country's economic development. These factors are likely to continue driving growth in the Business Intelligence Software market in Indonesia.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

    Forecasts:

    We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Jan 2025

    Source: Statista Market Insights

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