Cloud Platform Business Intelligence (BI) Solution Global Market Report 2025

The cloud platform business intelligence (BI) solution market size has grown rapidly in recent years. It will grow from $15.25 billion in 2024 to $17.47 billion in 2025 at a compound annual growth rate (CAGR) of 14.6%. The growth during the historic period resulted from increasing adoption of cloud computing, rising demand for data-driven decision-making, growing need for real-time analytics, expanding regulatory compliance requirements, and higher demand for self-service analytics.

The cloud platform business intelligence (BI) solution market size is expected to see rapid growth in the next few years. It will grow to $29.75 billion in 2029 at a compound annual growth rate (CAGR) of 14.2%. Growth in the forecast period is driven by rising demand for artificial intelligence integration, increasing focus on data security and privacy, growing need for mobile business intelligence, expanding demand for predictive analytics, and higher adoption of data visualization tools. Key trends in the forecast period include technological advancements in artificial intelligence, developments in machine learning algorithms, investment in data infrastructure, innovation in data integration tools, and progress in natural language processing.

The growing emphasis on digital transformation initiatives is expected to drive the growth of the cloud platform business intelligence (BI) solution market. Digital transformation refers to the strategic efforts organizations make to integrate advanced digital technologies into their operations, processes, and business models. These initiatives are primarily driven by the need to modernize outdated systems, as organizations increasingly recognize that legacy infrastructure limits operational efficiency and competitiveness in the digital era. As a result, the adoption of digital transformation is boosting demand for cloud platform BI solutions. These solutions provide advanced analytics and real-time data visualization capabilities that help organizations make informed decisions during their digital modernization efforts. For example, in November 2023, the Central Digital and Data Office, a UK-based government agency overseeing digital transformation in government departments, reported a 19% increase in the size of the government’s digital and data profession from April 2022 to April 2023. This growth is reflective of the broader trend, where digital transformation initiatives are propelling the cloud platform BI solution market forward.

Companies operating in the cloud platform BI solution market are focusing on developing advanced technologies, such as generative AI language models, to enhance data processing and enterprise analytics capabilities. These generative AI models are designed to understand, generate, and optimize SQL queries, assist with coding, and respond to natural language prompts, thereby streamlining data-driven decision-making and improving operational efficiency. For instance, in April 2024, Snowflake Inc., a US-based cloud data storage company, introduced Arctic, an open-source generative AI language model. Arctic focuses on transparency and efficiency, and was trained in under three months with an investment of less than $2 million. The model, released under an Apache 2 license, supports SQL generation, coding assistance, and natural language processing, and integrates with Snowflake's Cortex AI managed service. It is available on platforms such as the Hugging Face model marketplace, emphasizing accessibility alongside enterprise-level AI capabilities.

In June 2022, Oracle Corporation, a US-based software company, acquired Cerner Corporation for an undisclosed amount. This acquisition allows Oracle to deepen its presence in the healthcare sector by embedding cloud data solutions, artificial intelligence, and advanced analytics into electronic health systems. The goal is to enhance operational efficiency and improve patient outcomes. Cerner Corporation is a US-based provider of cloud-based BI solutions specifically designed for healthcare organizations.

Major players in the cloud platform business intelligence (BI) solution market are Google LLC, Microsoft Corporation, Amazon Web Services Inc, Huawei Technologies Co Ltd, Tencent Holdings Limited, International Business Machines Corporation, Oracle Corporation, Broadcom Inc, Salesforce Inc, SAP SE, Tata Consultancy Services Limited, HCL Technologies Limited, Zoho Corporation Private Limited, SAS Institute Inc, Snowflake Inc, Teradata Corporation, EXLService Holdings Inc, MicroStrategy Incorporated, Sisense Inc, GoodData Corporation, Instinctools GmbH.

North America was the largest region in the cloud platform business intelligence (BI) solution market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cloud platform business intelligence (BI) solution report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

The cloud platform business intelligence (BI) solution market research report is one of a series of new reports that provides cloud platform business intelligence (BI) solution market statistics, including cloud platform business intelligence (BI) solution industry global market size, regional shares, competitors with a cloud platform business intelligence (BI) solution market share, detailed cloud platform business intelligence (BI) solution market segments, market trends and opportunities, and any further data you may need to thrive in the cloud platform business intelligence (BI) solution industry. The cloud platform business intelligence (BI) solution market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A cloud platform business intelligence (BI) solution is a cloud-based system that allows organizations to efficiently collect, integrate, and analyze data, delivering actionable insights through real-time analytics and interactive reporting. This solution improves decision-making by providing a unified view of enterprise data.

The primary component types of cloud platform business intelligence (BI) solutions are software and services. Software includes applications and tools that enable organizations to collect, process, analyze, and visualize data for informed decision-making. Deployment types include public cloud, private cloud, and hybrid cloud, and the solutions are used across organizations of various sizes, including small and medium enterprises (SMEs) and large enterprises. Key functionalities include data integration and management, data visualization and reporting, predictive analytics, real-time analytics, and self-service business intelligence (BI) tools. Major industry verticals served include banking, financial services, and insurance (BFSI), healthcare, retail, manufacturing, information technology and telecommunications, government, and others.

The countries covered in the cloud platform business intelligence (BI) solution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cloud platform business intelligence (BI) solution market includes revenues earned by entities by providing services such as data integration and management, data warehousing and storage, data visualization and reporting, security and compliance, and AI and machine learning integration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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