Business Intelligence Software - Netherlands

In 2024, the projected revenue for the Business Intelligence Software market in the Netherlands is expected to reach US$391.80m.
This market segment is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 4.66%, resulting in a market volume of US$491.90m by 2029.
Furthermore, the average Spend per Employee in the Business Intelligence Software market in the Netherlands is projected to reach US$38.36 in 2024.
In a global comparison, United States is predicted to generate the highest revenue, amounting to US$13.96bn in 2024.
The Netherlands is experiencing a surge in demand for Business Intelligence Software, driven by the country's data-driven culture and focus on innovation 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.

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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 market for Business Intelligence Software in Netherlands is experiencing significant growth due to the increasing demand for data-driven decision-making processes among businesses in the country.

Customer preferences: Netherlands businesses are increasingly adopting Business Intelligence Software to gain insights into their operations, customers, and market trends. The software provides businesses with the ability to analyze large amounts of data in real-time, enabling them to make data-driven decisions quickly and efficiently.

Trends in the market: One of the major trends in the Business Intelligence Software market in Netherlands is the adoption of cloud-based solutions. The cloud-based solutions offer businesses a more flexible and cost-effective option, eliminating the need for expensive infrastructure and maintenance costs. Another trend is the increasing use of artificial intelligence and machine learning in Business Intelligence Software. These technologies enable businesses to automate data analysis and gain insights more quickly and accurately.

Local special circumstances: The Netherlands is home to a large number of small and medium-sized enterprises (SMEs), which make up a significant portion of the country's economy. These SMEs are increasingly adopting Business Intelligence Software to compete with larger enterprises. Additionally, the country has a highly skilled workforce, which is driving the adoption of advanced technologies such as Business Intelligence Software.

Underlying macroeconomic factors: The Netherlands has a stable and prosperous economy, which is driving the growth of the Business Intelligence Software market. The country is home to several large multinational corporations, which are driving demand for advanced technologies such as Business Intelligence Software. Additionally, the government's focus on innovation and digitalization is creating a favorable environment for the growth of the Business Intelligence Software market.

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.

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