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.. This comprehensive market research report has been recently released by Markntel Advisors, a prominent firm specializing in research, consulting, and data analytics, offering an extensive array of strategic reports across various industry sectors. The report systematically examines numerous factors that have significantly shaped the market dynamics in recent years.
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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How Has the Southeast Asia Data Analytics and Business Intelligence Market Been Divided?
In the report, we have conducted a thorough analysis of the market by breaking it down into various high-performing segments. We aim to clarify the factors that contribute to the success and increased market share of each segment. This analysis includes an examination of their significant impact on the Southeast Asia Data Analytics and Business Intelligence market in terms of sales, expansion opportunities, job creation, and other vital factors. These components are categorized 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.)
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The report highlights Geographical
-By Country
-Philippines
-Singapore
-Indonesia
-Malaysia
-Thailand
-Vietnam
-Rest of Southeast Asia
where the Southeast Asia Data Analytics and Business Intelligence market is active to varying degrees. We place special emphasis on regions that have a predominant presence in the market, underlining their geographical significance in the context of the Southeast Asia Data Analytics and Business Intelligence market.
Competitive Benchmarking
In the Southeast Asia Data Analytics and Business Intelligence Market, prominent companies 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] subject to thorough evaluation. Each company within this industry undergoes scrutiny based on the value of their products, their capabilities, and other noteworthy attributes. Additionally, this study encompasses various mergers and acquisitions, as well as recent product launches by these firms, aimed at acquainting stakeholders with the prevailing market dynamics.
Some of the Key Questions Answered in this Report:
- What are the growth projections for the years 2023-2028?
- Which market factors will aid in developing client and business strategies?
- What are the critical market opportunities for each segment enlisted in the research report?
- What are the primary growth tactics used by the major market players?
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Valuable Insights for Informed Decisions: Our reports offer valuable and current insights that can be easily turned into actions. Whether you’re a company looking to launch a new venture or expand profitably, our reports will guide you towards success.
Numerous Benefits: Our analysis of the Southeast Asia Data Analytics and Business Intelligence Market provides a wide range of advantages, including market research insights, comprehensive information, industry projections, and data trends.
In-Depth Analysis: Our Southeast Asia Data Analytics and Business Intelligence Market report goes deep into various industries, expertly examining important market trends, consumer behavior, and competitive landscapes. Stakeholders can expect a wealth of insights to shape their business strategies.
Our approach facilitates the identification of rapidly expanding companies within the industry, scrutinizing their profound impact on the Southeast Asia Data Analytics and Business Intelligence market in terms of sales, expansion, employment opportunities, and other pivotal aspects. Additionally, the report places particular emphasis on key components such as the regions where the market demonstrates varying levels of activity, with a specific focus on geographically dominant areas.
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