The Latin America, Middle East and Africa Business Analytics Software Market would witness market growth of 14.6% CAGR during the forecast period (2021-2027).
The important characteristics of these business intelligence platforms are their features like data visualization, visual analytics, interactive dash boarding, and KPI scorecards. Moreover, the users of these platforms are empowered to use automated reporting and predictive analytics features. Thus, these platforms act like one-stop shops and make the procedure of analysis methodical and accessible.
Business intelligence software allows each worker in the company to not be overly dependent on the IT departments and manage and explore the data by themselves. The self-service nature of BI gives companies that use it as a competitive advantage over other firms since each employee is provided with the correct quantity of data analytics capabilities. In this long run, this helps save company’s time and resources while reducing the burden of the IT department.Businesses must not only adapt to evolving technologies, but also embrace new innovations. Those who do so are rewarded with excellent growth chances, exploding sales, and a larger customer base. To run a firm, owners and management teams must devise strategies for attracting new customers and bringing new clients to the table. The UAE's Personal Data Protection Law is an integrated framework for ensuring information confidentiality and protecting individuals' privacy. It establishes a framework for data management and protection, as well as the rights and responsibilities of all parties involved. The UAE Data Office will serve as the country's official data regulator.
In collaboration with the National Media Council, Etisalat and Du, the UAE's licensed internet service providers, the Telecommunications and Digital Government Regulatory Authority (TDRA) administers the Internet Access Management (IAM) policy in the UAE. Online content that is used for impersonation, fraud, or phishing, as well as anything that invades privacy can be submitted to Etisalat and Du for removal under this policy.
The Brazil market dominated the LAMEA Business Analytics Software Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,422.2 million by 2027. The Argentina market is experiencing a CAGR of 15.2% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 14.3% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Manufacturing, Education and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Application, the market is segmented into Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, and Risk & Credit Analytics. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Business Analytics Software Market is Predict to reach $120 Billion by 2027, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, SAS Institute, Inc., Google LLC, and QlikTech International AB (Thoma Bravo)
By Component
By Vertical
By Organization Size
Deployment Mode
By Application
By Country
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