
According to a recent report published by Allied Market Research, titled, Business Analytics Software Market by Deployment Model, End User, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global business analytics software market was valued at $45,043 million in 2016, and is projected to reach at $86,451 million by 2023, growing at a CAGR of 9.7% from 2017 to 2023. In 2016, the cloud segment accounted for the highest revenue share in the business analytics software market.