As per the Gartner Reports, The global market for business intelligence (BI) solutions and related services, including data science and machine learning, is expected to grow from $6.5 billion in 2020 to $13.3 billion in 2023. This represents a compound annual growth rate (CAGR) of 9.1% between 2020 and 2023.
As per the report by Fortune Business Insights, the global Geospatial Analytics Market size is projected to reach USD 147.58 billion in 2028, at a CAGR of 12.8% during the forecast period.
According to the Worldwide ICT Spending Guide: Enterprise and SMB by Industry published by International Data Corporation (IDC), organizations in Spain will spend more than $64 billion on ICT this year and will continue to increase investments to surpass $74 billion by 2026. Although ICT spending in the country will grow steadily, the compound annual growth rate (CAGR) over the 2021-2026 period will not exceed 4.7% (below the European average of 5.4%).
The decision intelligence market valuation is predicted to reach USD 25 billion by 2032, as reported in a research study by Global Market Insights Inc.
As per the Vantage Market Research, the Global Business Intelligence Market is valued at USD 23.5 Billion in 2021 and is projected to reach a value of USD 35.6 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 7.2% over the forecast period 2022-2028.