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The global big data and business analytics market in 2022 was valued at US$294.16 billion and is expected to grow to US$662.63 billion by 2028, with a CAGR of 14.48%. Artificial Intelligence (AI) and Machine Learning (ML) are essential instruments to keep control over increasing amounts of data and to enable real-time execution. The increasing need for data-driven decision-making, the growing volume and variety of data, and the increasing adoption of cloud-based technologies are some of the factors driving the growth of the big data and business analytics software market. Dashboard and data visualization tools help to simplify the process of managing and analyzing data effectively.
