Asia Pacific Healthcare Business Intelligence Market Size & Outlook
Asia Pacific healthcare business intelligence market, 2014-2030 (US$M)
Related Markets
Asia Pacific healthcare business intelligence market highlights
- The Asia Pacific healthcare business intelligence market generated a revenue of USD 1,220.2 million in 2022.
- The market is expected to grow at a CAGR of 14.3% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating product in 2022.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,220.2 million |
| Market revenue in 2030 | USD 3,543.0 million |
| Growth rate | 14.3% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2014 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Microsoft Corp, Oracle Corp, SAP SE, Salesforce Inc, Perficient Inc, Infor, Domo Inc, Sisense, TIBCO, Panorama Software |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.7% of the global healthcare business intelligence market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,543.0 million by 2030.
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Healthcare Business Intelligence Market Scope
Healthcare Business Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific healthcare business intelligence market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare business intelligence market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 71.32% in 2022. Horizon Databook has segmented the Asia Pacific healthcare business intelligence market based on software, services covering the revenue growth of each sub-segment from 2014 to 2030.
Increasing penetration of internet and smartphone usage, growing investments to improve healthcare infrastructure, and rising advancements related to machine learning & algorithm development are factors propelling the demand for BI in healthcare in the Asia Pacific region.
Moreover, shifting of companies from tactical, traditional, and tool-centric data & analytical projects toward state-of-the-art, strategic, architecture-centric data, and analytics programs, is further leading to profitable market growth.
For instance, as per a research conducted by 451 Research, in 2019, around 90% of businesses are using or planning to use BI-based tools and technologies for data management and analysis. This signifies the considerable penetration of BI in the Asia Pacific region and is likely to boost the growth of BI healthcare market in the near future as well.
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Target buyers of Asia Pacific healthcare business intelligence market databook
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Our clientele includes a mix of healthcare business intelligence market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific healthcare business intelligence market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare business intelligence market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific healthcare business intelligence market size, by country, 2014-2030 (US$M)
Asia Pacific Healthcare Business Intelligence Market Share, 2022 & 2030 (US$M)
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