• 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.

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