A thorough examination of the Southeast Asia Data Analytics and Business Intelligence Market Size, Share, Sales and projected revenue growth through 2028
According to one of the most recent reports from MarkNtel Advisors, the Southeast Asia Data Analytics and Business Intelligence Market size is expected to grow at a rate of roughly 7.25%CAGR from 2023-28. It provides a thorough analysis of the industry's present and potential futures, taking into account factors such as market size, market drivers, challenges, opportunities, threats, regional market shares, and key competitors, among others.
The "Southeast Asia Data Analytics and Business Intelligence Market, Analysis 2028" report also includes in-depth data on the key factors affecting industry dynamics across various segments/sub-segments geographies, as well as the competitive landscape, current trends, recent developments, and various revenue-generating strategies used by top industry participants.
Southeast Asia Data Analytics and Business Intelligence Market Possible Restraint:
High Cost Prevalence of Data Breaches in the Region to Limit the Market Growth - The surge in data breaches incidents in Southeast Asian countries like Singapore, Indonesia, etc., has led business organizations to limit the usage of data analytics and business intelligence services since it puts critical data like financial information, consumer data, etc., of the company at the potential risk. Thus, firms organizations restrain themselves from selecting these services to safeguard organizations from sensitive data leak situations. According to the Smart Nation and Digital Government Office (SNDGO), in 2021, the public sector in Singapore reported over 178 data breach incidents.
Similarly, in 2020, the e-commerce organizations called 'Tokopedia' 'Bukalapak' reported data breach incidents that exposed the information of about 100 million users. As a result, organizations are skeptical about amalgamating digital technologies into the traditional infrastructure of the organization opt for these services, thus limiting market growth.
Moreover, the cost for these services is comparatively higher since the generated data is substantial in volume thus requires expensive hardware infrastructure, such as servers storage devices. As a result, the cost of enactment of data analytics and business intelligence is exorbitant for small- medium-scale enterprises. Thus, these business organizations do not look out for these digital services, posing a challenge to the market.
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Defining the Report's Scope for Southeast Asia Data Analytics and Business Intelligence Market Research Report
- Information about the Southeast Asia Data Analytics and Business Intelligence Market's significant trends, developments, drivers, and obstacles related to the size of various segments, outlining the potential milestones that could be reached over the forecast period, or 2023-28.
- Important imperatives for changing the Southeast Asia Data Analytics and Business Intelligence Market dynamics as well as an analysis of the chances and difficulties that competitors are looking for.
- The most recent trends and achievements in each segment, allowing stakeholders to have a deeper grasp of the Southeast Asia Data Analytics and Business Intelligence Market, including its historical performance and the speed anticipated going forward.
- The competitive structure and fragmentation of the Southeast Asia Data Analytics and Business Intelligence industry with data on, among other things, alliances, mergers and acquisitions, investments, and strategic loyalties.
- A thorough research of the Southeast Asia Data Analytics and Business Intelligence Market's external environment utilising techniques like SWOT (Strength, Weakness, Opportunity, and Threat) and Porter's Five Forces analysis.
Major Regions/Countries Segments Derived from the Southeast Asia Data Analytics and Business Intelligence Market Research Report
This section of the report intends to provide stakeholders with in-depth details on high-growth segments geographies, enabling them to create winning strategies and maintain a competitive edge in the Southeast Asia Data Analytics and Business Intelligence Market.
Based on, 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
Based on, By Enterprise Size
-Small Medium
-Large
Based on, By Industry Vertical
-Healthcare Lifesciences
-E-commerce and Retail
-IT and Telecom
-BFSI
-Hospitality
-Others (Media Entertainment, Manufacturing, etc.)
Based on, By Deployment
-On-premises
-Cloud
Based on, By Application
-Data Analytics
-Data Discovery Visualization
-Advanced Analytics
-Others (Data Preparation, etc.)
Based on, Business Intelligence
-Customer Analytics
-Supply Chain Analytics
-Marketing Analytics
-Pricing Analytics
-Financial Performance and Strategy Management
-Others (Spatial Analytics, Workforce Analytics, etc.)
Based on, By Country
-Philippines
-Singapore
-Indonesia
-Malaysia
-Thailand
-Vietnam
-Rest of Southeast Asia
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Competitive Outlook for the Southeast Asia Data Analytics and Business Intelligence Market to 2028
The research includes a thorough examination of the leading companies in the Industrial Southeast Asia Data Analytics and Business Intelligence Market
Inc.
-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
-Other (Alteryx, Inc., Zoho Corporation Pvt. Ltd., etc.)
It provides detail-driven insights into the fundamentals that have contributed to their success across various geographies as well as other factors that have an impact on the industry's overall growth trajectory. The study also considers their large profits and the tactics they used to stay competitive in the market. However, the following are the main topics of research on the industry's competitive landscape:
-Origin Business strategies
-Product/Service Offerings
-Prominent Performance Indicators
-Recent Developments
-Risk SWOT Analysis
-Porter’s Five Forces Analysis
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Key Questions Addressed in the Southeast Asia Data Analytics and Business Intelligence Market Report
- What is the projected size of the Southeast Asia Data Analytics and Business Intelligence Market for the period of 2023-28?
- Which geographic region or market sector holds the highest influence in the Southeast Asia Data Analytics and Business Intelligence Market?
- What are the primary hurdles or challenges hindering the expansion of the Southeast Asia Data Analytics and Business Intelligence Market during the years 2023-28?
- Which emerging trends are expected to offer profitable opportunities for the Southeast Asia Data Analytics and Business Intelligence Market in the future?
- Who are the key players dominating the Southeast Asia Data Analytics and Business Intelligence Market, and what recent developments have they undertaken?
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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