ROCKVILLE, MD--(Marketwire - 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. For more information, visit http://www.marketresearch.com/redirect.asp?progid=67618&productid=2644172
This IDC study presents the preliminary 2009 market sizing and 2010-2014 forecast results for the business intelligence tools software market. The study discusses current forecast assumptions and provides guidance to vendors participating in this market.
"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.