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Business Intelligence Software - Jordan

Jordan
  • The projected revenue in the Business Intelligence Software market in Jordan is expected to reach US$9.68m in 2025.
  • This forecast indicates a promising growth potential for the country's market segment.
  • Moreover, it is anticipated that the revenue will exhibit an annual growth rate (CAGR 2025-2029) of 6.62%, leading to a market volume of US$12.51m by 2029.
  • This steady growth trajectory reflects the increasing demand and adoption of Business Intelligence Software market in Jordan.
  • Furthermore, it is noteworthy to mention that the average Spend per Employee in the Business Intelligence Software market is projected to be US$3.03 in 2025.
  • This metric provides insight into the level of investment companies in Jordan are willing to make per employee to leverage the benefits of Business Intelligence Software market.
  • In a global comparison, it is expected that United States will generate the highest revenue in the Business Intelligence Software market, reaching US$14.64bn in 2025.
  • This highlights the dominant position of the United States in the global market and signifies its significant contribution to the overall revenue generated in this segment.
  • The demand for Business Intelligence Software in Jordan is rapidly increasing as companies seek to optimize their data-driven decision-making processes.

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
    Gartner2,198.672,433.932,744.073,126.51
    IDC1,432.861,640.581,804.741,770.661,940.672,130.842,311.952,533.92
    Statista1,265.491,361.431,475.011,554.841,595.011,724.191,830.391,977.032,085.692,192.552,295.872,398.292,522.22

    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

    Jordan, a country in the Middle East, is experiencing growth in its Business Intelligence Software market.

    Customer preferences:
    Jordanian businesses are increasingly adopting Business Intelligence Software to improve their decision-making processes. With the growing availability of data, businesses are realizing the need for tools to help them analyze and understand this data. Additionally, there is a growing trend towards cloud-based solutions, as businesses seek to reduce their IT costs and improve accessibility.

    Trends in the market:
    One trend in the Jordanian Business Intelligence Software market is the increasing use of predictive analytics. This technology allows businesses to make informed decisions based on future projections, rather than just historical data. Another trend is the use of mobile BI, which allows users to access data and insights on-the-go. This is particularly important in a country where mobile usage is high.

    Local special circumstances:
    Jordan has a growing startup ecosystem, with a number of technology-focused startups emerging in recent years. As these startups grow, they are increasingly looking to adopt Business Intelligence Software to help them make data-driven decisions. Additionally, Jordan has a relatively young population, with a high proportion of tech-savvy millennials. This demographic is particularly receptive to new technologies, including Business Intelligence Software.

    Underlying macroeconomic factors:
    Jordan has a relatively stable economy, with a GDP growth rate of around 2% in recent years. The government has also taken steps to encourage entrepreneurship and innovation, including the establishment of a number of technology-focused incubators. However, the country faces a number of challenges, including high unemployment and a large refugee population. These factors may impact the growth of the Business Intelligence Software market in the coming years.

    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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