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Business Intelligence Tools Market Forecasted to Grow $13 Billion by 2015

Wednesday, April 28, 2010

MarketResearch.com has announced the addition of IDC 's new report "Worldwide Business Intelligence Tools 2010-2014 Forecast: Initial Forecast in Line with Lower Expectations," to their collection of Application Software market reports. 

"Preliminary market sizing suggests that the business intelligence tools software market grew 2.6% in 2009 to reach $8.1 billion. Given the current market assumptions regarding the global economy and demand drivers in the BI tools software market, IDC forecasts this market to grow at a compound annual growth rate of 6.9% through 2014 to $11.3 billion," says Dan Vesset, program vice president for IDC's Business Analytics Solutions research service.

Article sourced from www.marketwire.com, click here to read full story.

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