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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
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
Most recent update: Mar 2024
Source: Statista Market Insights
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.
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
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
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.
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