The global business intelligence tools market is on track for consistent solid growth over the next five years, according to new research from IDC.

The second half of 2010 marked the first time the market has surpassed the $4-billion mark in a semiannual period. For the full year 2010, the BI tools market grew 12.7%  year over year, adding $893 million in global revenues over the previous year. IDC made note of a growing preference among end users for departmental and incremental projects and subscription pricing. In another pattern found in the research, SaaS or cloud BI offerings are growing three times faster than the rest of the market.

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