target audience: TECH SUPPLIER Publication date: Jul 2023 - Document type: Market Forecast - Doc Document number: # US50081523
Worldwide Enterprise Intelligence Services Forecast, 2023–2027
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Abstract
This IDC study presents IDC's spending forecast and historical sizing for the worldwide enterprise intelligence services market (formerly called the worldwide business analytics services market) by primary services markets ranging from 2018 and extending to 2027. The name of the forecast has been updated, but no changes have been made to the scope of the market. A range of forecast assumptions are factored in. This study does not contain vendor-specific revenue, market shares, or vendor profiles.
"Organizations continue to prioritize investments to accelerate and improve business decisions and optimize business processes through data, analytics, artificial intelligence (AI), and automation capabilities, driving double-digit growth in the enterprise intelligence services market," said Jennifer Hamel, research director, Analytics and Intelligent Automation Services, at IDC. "Current economic uncertainty will require more focus on ROI than 'blue-sky projects,' but intense interest in potential use cases for generative AI, as well as the continued needs for modernized data environments and access to skilled talent to build and operate enterprise intelligence solutions, fuels demand for services."