Business Intelligence Software - Japan

In 2024, the projected revenue in the Business Intelligence Software market in Japan is expected to reach ¥US$993.80m.
This market is also projected to show an annual growth rate (CAGR 2024-2029) of 3.74%, resulting in a market volume of ¥US$1.19bn by 2029.
Additionally, the average Spend per Employee in the Business Intelligence Software market in Japan is projected to reach ¥US$14.37 in 2024.
In comparison to other countries, United States is expected to generate the highest revenue in this market, reaching US$13.96bn in 2024.
Japan's strong focus on data-driven decision-making has led to a growing demand for advanced Business Intelligence Software in the software market.

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.

For more information on the displayed data, use the info button right next to the boxes.

Reporting & analysis software, such as Zoho Analytics, IBM Cognos Analytics, and Domo
Advanced & predictive analytics, such as Tableau, Amazon Forecast, and Adobe Analytics

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

The demand for Business Intelligence Software in Japan has been growing steadily in recent years.Customer Preferences: Japanese businesses have been increasingly investing in Business Intelligence Software to gain insights into their operations and improve decision-making.

The software's ability to analyze data and provide actionable insights has become essential in a highly competitive business environment. Additionally, the rise of e-commerce has led to an increase in the amount of data generated, making Business Intelligence Software even more crucial.Trends in the Market: One of the significant trends in the Japanese Business Intelligence Software market is the shift towards cloud-based solutions.

Cloud-based solutions offer several benefits, including lower costs, scalability, and ease of use. As a result, more businesses are adopting cloud-based Business Intelligence Software.Another trend in the market is the increasing use of Artificial Intelligence (AI) and Machine Learning (ML) in Business Intelligence Software.

AI and ML can help businesses analyze large amounts of data faster and more accurately, providing valuable insights that can be used to improve decision-making.Local Special Circumstances: Japan has a unique business culture that values efficiency and precision. This culture has led to an increased demand for Business Intelligence Software that can help businesses streamline their operations and make data-driven decisions.

Additionally, Japan's aging population has created a need for businesses to become more efficient, making Business Intelligence Software even more essential.Underlying Macroeconomic Factors: The Japanese economy has been struggling in recent years, with slow growth and low inflation. However, the government has been implementing policies to promote growth, including deregulation and investment in technology.

These policies have created a favorable environment for businesses to invest in new technologies like Business Intelligence Software.In conclusion, the Japanese Business Intelligence Software market has been growing steadily due to customer preferences for data-driven decision-making, the shift towards cloud-based solutions, and the increasing use of AI and ML. Japan's unique business culture and the government's policies to promote growth have also contributed to the market's growth.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.