According to Markntel Advisors Report, Southeast Asia Data Analytics and Business Intelligence Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2022.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Data Analytics is referred to as an exploration of the data to gain critical insights, which is further used by the end-user industry to make rational financial decisions. The rising digital adoption by enterprises in the different industry verticals is leading to the usage of these services across the region. Business intelligence is referred to as technology-driven solutions comprising data mining, data cleaning, data pre-processing, etc., to provide business organizations with critical market insights.  

 

Global Southeast Asia Data Analytics and Business Intelligence Market Research Report & Summary:

The Southeast Asia Data Analytics and Business Intelligence market is projected to grow at a CAGR of around 7.25% during the forecast period, i.e., 2023-28.        

Time Period Captured in the Report:

• Historical Years: 2018-21
• Base Years: 2022
• Forecast Years: 2023-28

Who are the Key Players Operating in the Southeast Asia Data Analytics and Business Intelligence Market?

The top companies of the Southeast Asia Data Analytics and Business Intelligence Market ruling the industry are: 

Data Analytics [Altair Engineering Inc., Microsoft Corporation, Alteryx Inc., IBM Corporation, Sisense Inc., SAP SE, FICO, Oracle Corporation, Salesforce Inc., Equifax Inc., TransUnion, Zoho Corporation Pvt. Ltd., Mu Sigma, OlikTech International AB]

Business Intelligence [IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP, Amazon Web Services, Salesforce Inc., TIBCO Software, Qlik, Board International, Infor, Dundas Data Visualization Inc., dotData, Amlgo Labs, vPhrase, TARGIT]

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What is Included in Southeast Asia Data Analytics and Business Intelligence Market Segmentation?

The Southeast Asia Data Analytics and Business Intelligence Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Components
  • Data Analytics
    • Software
      • Credit Risk Management
      • Business Intelligence Solutions
      • CRM Analytics
      • Compliance Analytics
      • Workforce Analytics
      • Others (Content Analytics, Supply Chain Analytics, etc.)
    • Hardware
    • Services
  • Business Intelligence
    • Solutions
      • Dashboard and Scorecards
      • Data Integration and ETL
      • Reporting & Visualization
      • Query & Analysis
    • Services
      • Consulting
      • Integration Deployment
      • Support & Maintenance
• By Enterprise Size
  • Small & Medium
  • Large
• By Industry Vertical
  • Healthcare & Lifesciences
  • E-commerce and Retail
  • IT and Telecom
  • BFSI
  • Hospitality
  • Others (Media & Entertainment, Manufacturing, etc.)
• By Deployment
  • On-premises
  • Cloud
• By Application
  • Data Analytics
    • Data Discovery & Visualization
    • Advanced Analytics
    • Others (Data Preparation, etc.)
  • Business Intelligence
    • Customer Analytics
    • Supply Chain Analytics
    • Marketing Analytics
    • Pricing Analytics
    • Financial Performance and Strategy Management
    • Others (Spatial Analytics, Workforce Analytics, etc.)
• By Country
  • Philippines
  • Singapore
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • Rest of Southeast Asia

 Explore the Complete Southeast Asia Data Analytics and Business Intelligence Market Analysis Report – https://www.marknteladvisors.com/research-library/southeast-asia-data-analytics-bi-market.html

Southeast Asia Data Analytics and Business Intelligence Market Dynamics:

Growing E-commerce Platform in the Region to Amplify the Market – Individuals in the Southeast Asian region are gradually inclining towards e-commerce platforms to make purchases of the necessary commodities owing to the rise in net disposable income. Consumers are spending quality time on e-commerce websites like Lazada, Shoppee, etc., surfing about the goods the companies are offering, generating a lot of data concerning consumer behavior. Owing to this, it becomes necessary for e-commerce companies to opt for data analytics and business intelligence services to gain valuable business insights & help the organizations make informed decisions about marketing strategies, inventory management, pricing, and other pivotal areas of their operations. According to the organization ‘web retailer’ in 2022, the e-commerce platform Shoppe recorded yearly traffic of around 342.8 million users.

The significant adoption of e-commerce platforms by individuals owing to the advantages like flexibility, availability of global brands, etc., it offers over traditional shopping methods is enhancing the growth of the e-commerce platforms in the region. The evolution & expansion of e-commerce platforms in Southeast Asian countries is further propagating the use of these services to gain a competitive advantage over other players in the market & expand their consumer base by providing end-users with the products of their choice. Thus, the application of these services to make informed decisions about consumer purchases is driving the market in the ensuing years.

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