Here is why the mobile Business Intelligence (BI) market is growing rapidly
One can easily observe that, the mobile Business Intelligence (BI) market
is growing rapidly because of the
transition from traditional Business Intelligence (BI) techniques to advanced Business Intelligence (BI) and analytics techniques, which can
be managed and utilized from anyplace at any time, and the massive surge in the
Bring Your Own Device (BYOD) trend across industry verticals.
However, analysts are unanimous on the fact that, factors such as
difficulty in identifying durable return on investment and lack of sustainable
data governance process are expected to limit the market growth.
According to Research and Markets, the mobile Business Intelligence
(BI) market size is expected to grow from USD 4.08 Billion in 2016 to USD 11.13
Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 22.2% during the
forecast period.