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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$14,640.00m 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.

Key regions: United States, France, Germany, South Korea, Canada

Market

Region

Region comparison

Currency

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.

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.