Saudi Arabia Healthcare Business Intelligence Market Size & Outlook
Saudi Arabia healthcare business intelligence market, 2014-2030 (US$M)
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Saudi Arabia healthcare business intelligence market highlights
- The Saudi Arabia healthcare business intelligence market generated a revenue of USD 46.5 million in 2022 and is expected to reach USD 106.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.9% 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.
Healthcare business intelligence market data book summary
| Market revenue in 2022 | USD 46.5 million |
| Market revenue in 2030 | USD 106.2 million |
| Growth rate | 10.9% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2014 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Saudi Arabia accounted for 0.6% of the global healthcare business intelligence market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia healthcare business intelligence market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 85.6 million by 2030.
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Healthcare Business Intelligence Market Scope
Healthcare Business Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 68.17% in 2022. Horizon Databook has segmented the Saudi Arabia healthcare business intelligence market based on software, services covering the revenue growth of each sub-segment from 2014 to 2030.
Increasing adoption of decision-making solutions, based on data, demand for cloud-based BI solutions, increase in focus to minimize healthcare expenses, and rise in penetration of computer & mobile-based healthcare BI solutions is a key factor contributing to market growth.
Moreover, constantly increasing data sources and the complexity in generated data within healthcare organizations are increasing demand for BI in the country. Furthermore, the need for data visualization & predictive modeling tools among hospitals and other healthcare organizations to gain insights on labor distribution as well as patient care & satisfaction is positively impacting market growth.
This has led to increase in number of companies entering the market. In addition, favorable government initiatives, such as health insurance, Mediclaim, etc., are increasing the demand for data analysis and management tools in the market.
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Target buyers of Saudi Arabia 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 country-level data and insights on the Saudi Arabia healthcare business intelligence market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia healthcare business intelligence market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia healthcare business intelligence market size, by product, 2014-2030 (US$M)
Saudi Arabia Healthcare Business Intelligence Market Share, 2022 & 2030 (US$M)
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