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Business Intelligence market growth to slow

Market maturity and consolidation will see BI market slow down, although emerging markets will continue to grow

The Business Intelligence (BI) software sector will no longer enjoy strong double-digit growth worldwide, according to Gartner. Vendor consolidation, increasing maturity and price erosion will all slow the sector down, with single digit growth predicted worldwide by 2011.

The Middle East and other emerging markets are likely to see continued double-digit growth however, although the US, Western Europe and Japan will still account for five sixths of the $7 billion market in five years time.

Last year saw the leading BI players snapped up by enterprise software majors, which disrupted the market, although involvement of large vendors in the sector is expected to increase BI usage and value for end users.

"Consolidation activities by SAP, Oracle, IBM and Microsoft should help accelerate the value derived from BI," said Gartner senior research analyst Dan Sommer. "Large vendors will drive increased usage, while new BI vendors will emerge introducing innovative technology and products to demonstrate differentiation and fill the gaps in ‘mega-vendors' product lines."

BI vendors will also need to continue to innovate to offer customers a competitive edge, as features such as query, reporting and online analytical processing (OLAP) capabilities are now included as standard. New functions like dashboards, predictive modelling, enterprise search, interactive visualisation techniques and in-memory analytics are expected to come to the fore in successful BI solutions.

Gartner is hosting its annual BI Summit, in Amsterdam from 5th-7th February.

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