Analytics and business intelligence software spending is forecast to shrink to $27.4 billion in 2020 (3% less than 2019 in constant currency). Traditional BI will shrink by 13% and will not return to growth. Modern BI will bounce back to 19% in 2021, but its growth will slow and dip to 14.3% in 2024.
Forecast Data Summary
Forecast Model Summary
Influencing Factors and Assumptions
Gartner Recommended Reading