The business intelligence (BI) and analytics platforms market will register a CAGR of almost 8% by 2022.
The growth in the medical tourism industry is identified as one of the key trends that will gain traction in the market for the next four years. Business analytics help doctors to club the data into electronic dashboards. This simplifies the decision processes. The implementation of business analytics in this industry reduces administrative costs and prevents unauthorized transactions in medical billing.
Rising Need to Improve the Business Efficiency
The implementation of business analytics helps companies to improve the productivity of business with the help of predictive mechanisms and risk-averting models. Business intelligence and analytics enables them to reduce the failure and error rates that takes place during the development of new categories of products and services.
Rising Data Privacy and Security Concerns
A predictive model is vulnerable to security attacks as it has access to all the sensitive data of an organization. This leads to costly insurance claims, expensive lawsuits, and reduces the brand loyalty.
Key Players
IBM
Microsoft
Oracle
SAP
SAS Institute
Tableau Software
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
BFSI - Market size and forecast 2017-2022
Healthcare - Market size and forecast 2017-2022
ICT - Market size and forecast 2017-2022
Government - Market size and forecast 2017-2022
Others - Market size and forecast 2017-2022
Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas - Market size and forecast 2017-2022
EMEA - Market size and forecast 2017-2022
APAC - Market size and forecast 2017-2022
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Flourishing medical tourism industry globally
Rising demand for data integration and visual analytics
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