LONDON–(BUSINESS WIRE)–The business intelligence (BI) and analytics platforms market will witness an incremental growth of USD 12.62 billion during 2020-2024, according to the latest pandemic recovery-based research report by Technavio. Factors such as imposition of worldwide lockdowns have partially halted operations and affected supply chains and logistics. This has further impacted economies around the globe, resulting in an overall slowdown during 2020. However, businesses are gradually carving out unique pathways to recover from the COVID-19 crisis. With the exemption of lockdowns, growing incorporation of active social distancing and remote working, and surging entries of players in digital marketplaces, various industry and market conditions are likely to improve by early 2021.
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- Information Technology industry will have Mixed impact due to the pandemic
- Business intelligence (BI) and analytics platforms market is expected to witness Positive growth during