Business Intelligence Market Size in the Healthcare Sector to Grow by USD 8.15 Bn, Global Systems Software Market Considered as Parent Market – Technavio

Press Releases

Oct 31, 2022

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.

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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.

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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.

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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.

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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

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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.

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Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Deployment

  • 5.1 Market segments 
    • Exhibit 24: Chart on Deployment – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Deployment – Market share 2021-2026 (%)
  • 5.2 Comparison by Deployment 
    • Exhibit 26: Chart on Comparison by Deployment
    • Exhibit 27: Data Table on Comparison by Deployment
  • 5.3 On premises – Market size and forecast 2021-2026
    • Exhibit 28: Chart on On premises – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on On premises – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on On premises – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on On premises – Year-over-year growth 2021-2026 (%)
  • 5.4 Cloud based – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Cloud based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Cloud based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Cloud based – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Cloud based – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Deployment 
    • Exhibit 36: Market opportunity by Deployment ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 Germany – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.10 China – Market size and forecast 2021-2026
    • Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.11 UK – Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.12 India – Market size and forecast 2021-2026
    • Exhibit 78: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 International Business Machines Corp. 
    • Exhibit 89: International Business Machines Corp. – Overview
    • Exhibit 90: International Business Machines Corp. – Business segments
    • Exhibit 91: International Business Machines Corp. – Key offerings
    • Exhibit 92: International Business Machines Corp. – Segment focus
  • 10.4 Microsoft Corp. 
    • Exhibit 93: Microsoft Corp. – Overview
    • Exhibit 94: Microsoft Corp. – Business segments
    • Exhibit 95: Microsoft Corp. – Key news
    • Exhibit 96: Microsoft Corp. – Key offerings
    • Exhibit 97: Microsoft Corp. – Segment focus
  • 10.5 MicroStrategy Inc. 
    • Exhibit 98: MicroStrategy Inc. – Overview
    • Exhibit 99: MicroStrategy Inc. – Product / Service
    • Exhibit 100: MicroStrategy Inc. – Key offerings
  • 10.6 Oracle Corp. 
    • Exhibit 101: Oracle Corp. – Overview
    • Exhibit 102: Oracle Corp. – Business segments
    • Exhibit 103: Oracle Corp. – Key news
    • Exhibit 104: Oracle Corp. – Key offerings
    • Exhibit 105: Oracle Corp. – Segment focus
  • 10.7 QlikTech international AB 
    • Exhibit 106: QlikTech international AB – Overview
    • Exhibit 107: QlikTech international AB – Product / Service
    • Exhibit 108: QlikTech international AB – Key offerings
  • 10.8 Salesforce.com Inc. 
    • Exhibit 109: Salesforce.com Inc. – Overview
    • Exhibit 110: Salesforce.com Inc. – Product / Service
    • Exhibit 111: Salesforce.com Inc. – Key news
    • Exhibit 112: Salesforce.com Inc. – Key offerings
  • 10.9 SAP SE 
    • Exhibit 113: SAP SE – Overview
    • Exhibit 114: SAP SE – Business segments
    • Exhibit 115: SAP SE – Key news
    • Exhibit 116: SAP SE – Key offerings
    • Exhibit 117: SAP SE – Segment focus
  • 10.10 SAS Institute Inc. 
    • Exhibit 118: SAS Institute Inc. – Overview
    • Exhibit 119: SAS Institute Inc. – Product / Service
    • Exhibit 120: SAS Institute Inc. – Key news
    • Exhibit 121: SAS Institute Inc. – Key offerings
  • 10.11 Sisense Inc. 
    • Exhibit 122: Sisense Inc. – Overview
    • Exhibit 123: Sisense Inc. – Product / Service
    • Exhibit 124: Sisense Inc. – Key offerings
  • 10.12 TIBCO Software Inc. 
    • Exhibit 125: TIBCO Software Inc. – Overview
    • Exhibit 126: TIBCO Software Inc. – Product / Service
    • Exhibit 127: TIBCO Software Inc. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 128: Inclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 129: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 130: Research methodology
    • Exhibit 131: Validation techniques employed for market sizing
    • Exhibit 132: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 133: List of abbreviations
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.

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