This report segments the business intelligence market in the healthcare sector by deployment (on premises and cloud based) and geography (North America, Europe, APAC, South America, and Middle East and Africa)
NEW YORK, Oct. 31, 2022 /PRNewswire/ — The global business intelligence market in the healthcare sector has been categorized as a part of the global systems software market. The global systems software market covers organizations that are engaged in developing application development and management software, cloud computing software, data center and hosting software, IT management software, mobility software, networking software, security software, and storage software.
The business intelligence market size in the healthcare sector is expected to increase by USD 8.15 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 16.36% during the forecast period.
View a comprehensive report summary that describes the market size and forecast along with the research methodology. The FREE sample report is available in PDF format
Business Intelligence Market in the Healthcare Sector: Market Segmentation
By deployment, the on-premises segment will be a significant contributor to market growth during the forecast period. On-premises healthcare information software solutions provide the optimum level of data security with physical access controls and security protocols, which will drive the growth of this segment during the forecast period.
By geography, North America is expected to occupy 33% of the market growth during the forecast period. The growth of the market can be attributed to factors such as the increased presence of electronic health records (EHRs) in the US and Canada.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. Buy Now for detailed information
Business Intelligence Market in the Healthcare Sector: Major Growth Drivers
The improved efficiency of business intelligence tools is driving the market growth. These tools provide real-time information that can help end-users avoid process delays and centralize their management. Business intelligence has various applications in the healthcare sector, such as the analysis of social media conversations, management information systems, fraud detection, and disease diagnosis. The use of business intelligence helps stakeholders in tracking health records regarding treatment and medications. Thus, the improved efficiency will fuel the healthcare business intelligence market growth during the forecast period.
Identify key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report
Business Intelligence Market in the Healthcare Sector: Key Vendor Offerings
-
Oracle Corp. – The company offers a healthcare business intelligence solution named Cognos Analytics.
-
SAP SE – The company offers a healthcare business intelligence solution named Power BI.
-
Sisense inc. – The company offers healthcare business intelligence solutions to visualize data and perform location-based analytics.
-
MicroStrategy inc. – The company offers a healthcare business intelligence solution named Oracle Business Intelligence.
-
QlikTech International AB – The company offers healthcare business intelligence solutions to improve patient outcomes with better clinical intelligence.
Get lifetime access to our Technavio Insights! Subscribe to our Basic Plan billed annually at USD 5000
Business Intelligence Market in the Healthcare Sector: Reasons to Buy Our Report
-
CAGR of the market during the forecast period 2022-2026
-
Detailed information on factors that will assist the business intelligence market growth in the healthcare sector during the next five years
-
Estimation of the business intelligence market size in the healthcare sector and its contribution to the parent market
-
Predictions on upcoming trends and changes in consumer behavior
-
The growth of the business intelligence market in the healthcare sector across North America, Europe, APAC, South America, and the Middle East and Africa
-
Analysis of the market’s competitive landscape and detailed information on vendors
-
Comprehensive details of factors that will challenge the growth of the business intelligence market vendors in the healthcare sector
Related Reports
Artificial Intelligence (AI) in Social Media Market by Application and Geography – Forecast and Analysis 2022- 2026: The increasing use of social media for advertising is a trend in the market growth. There has been an incredible surge in social media activity in recent years. Nearly half a billion new social media users joined the social media networks at the start of 2021, according to DIGITAL 2021.
France Artificial Intelligence Market in Manufacturing and Supply Chain by End-user and Type – Forecast and Analysis 2022-2026: Increased availability of cloud-based applications to handle huge volumes of data for accurate demand forecasting in supply chain operations is a trend in the market. AI applications across supply chain operations include recommendation engines, pricing optimization, lead generation, chatbots, supply chain optimization, and many others. To adopt AI technologies in an on-premises data center, companies would require enough computers and data storage capabilities to process the data faster.
|
Business Intelligence Market In The Healthcare Sector Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 16.36% |
|
Market growth 2022-2026 |
USD 8.15 billion |
|
Market structure |
Concentrated |
|
YoY growth (%) |
14.92 |
|
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
|
Performing market contribution |
North America at 33% |
|
Key consumer countries |
US, China, India, Germany, and UK |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Sisense Inc., MicroStrategy Inc., QlikTech International AB, SAS Institute Inc., Salesforce.com Inc., TIBCO Software Inc., Syncfusion Inc., Idera Inc., and Board International SA |
|
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse Information Technology Market Reports
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Deployment
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/business-intelligence-market-size-in-the-healthcare-sector-to-grow-by-usd-8-15-bn-global-systems-software-market-considered-as-parent-market—technavio-301662322.html
SOURCE Technavio
link