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Global Operational Analytics Market - Industry Trends and Forecast to 2028

  • ICT
  • Upcoming Report
  • Jul 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Operational Analytics Market, By Type (Software and Service), Business Function (Information Technology, Marketing, Sales, Finance, Human Resources and Others), Application (Predictive Asset Maintenance, Risk Management, Fraud Detection, Supply Chain Management, Customer Management, Workforce Management, Sales and Marketing Management and Others), Deployment Model (On-Premises and Hosted/ On-Cloud), Industry Vertical (Telecommunication, Retail and Consumer Goods, Manufacturing, Government and Defense, Energy and Utilities, Transportation and Logistics and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

Operational Analytics Market Market Analysis and Insights of Operational Analytics Market

Data Bridge Market Research analyses that the operational analytics market will exhibit a CAGR of 17.53% for the forecast period of 2021-2028. Rising adoption of analytics solutions by the various end user verticals such as telecommunication, retail and consumer goods, manufacturing, government and defense, energy and utilities, transportation and logistics and others coupled with increased adoption of internet of things for process and operations optimization  factor attributable to the growth of operational analytics market. The operational analytics market value will therefore stand tall by USD 29.66 billion by 2028.   

Operational analytics is undertaken by different enterprises to improve the effectiveness and efficiency of operations. Operational analytics incorporates all the analytics tool and solutions that primarily focuses on improving or upgrading the business operations of any enterprise.

Rising focus of the organizations to reduce the operational costs is creating lucrative growth opportunities for the operational analytics market. Rising incorporation of data based decision making solutions by small and medium scale enterprises coupled with the adoption of advanced data management strategies will further induce growth in the operational analytics market value. Rising adoption of connected devices by medium and small scale enterprises coupled with data explosion will also propel growth in the demand for operational analytics.

However, dearth of skilled professionals or trained personnel will pose a major challenge to the growth of operational analytics market. Also, absence of governmental support and inability to handle third-party data sources will further create hindrances for the growth of operational analytics market. Complexities involved in the development of operational analytics processes will also dampen the market growth rate.

This operational analytics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on operational analytics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Operational Analytics Market Scope and Market Size

The operational analytics market is segmented on the basis of type, business function, application, deployment model and industry vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

  • On the basis of type, the operational analytics market is segmented into software and service. Service segment is sub-segmented into managed services and professional services. Professional services segment is further bifurcated into consulting services, deployment and integration and support and maintenance,
  • On the basis of business function, the operational analytics market is segmented into information technology, marketing, sales, finance, human resources and others.
  • On the basis of application, the operational analytics market is segmented into predictive asset maintenance, risk management, fraud detection, supply chain management, customer management, workforce management, sales and marketing management and others.
  • On the basis of deployment model, the operational analytics market is segmented into on-premises and hosted/ on-cloud.
  • On the basis of industry vertical, the operational analytics market is segmented into telecommunication, retail and consumer goods, manufacturing, government and defense, energy and utilities, transportation and logistics and others.

Global Operational Analytics Market Country Level Analysis

Global operational analytics market is analysed and market size, volume information is provided by country, type, business function, application, deployment model and industry vertical as referenced above.

The countries covered in the operational analytics market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America holds a prominent share in the global operational analytics market owing to the earliest adoption of advanced technological solutions such as artificial intelligence, big data analytics and machine learning. Asia-Pacific on the other hand is projected to score the highest CAGR for the forecast period owing to increasing awareness about operational analytics especially in the developing economies.  

The country section of the operational analytics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Operational Analytics Market Share Analysis

The operational analytics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to operational analytics market.

The major players covered in the operational analytics market report are IBM Corporation, Oracle, Microsoft, SAP SE, Hexagon AB, IMS Software, Inc., Autodesk Inc., BENTLEY SYSTEMS, INCORPORATED, ALTERYX, INC., SAS Institute Inc., Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., VMware, Inc., Continuity Software Ltd., ExtraHop Networks, BMC Software, Inc., Apptio, Inc., Appnomic, Evolven Software and Splunk Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

Operational Analytics Market grow at a CAGR of 17.53% during the forecast period of 2021 to 2028.
Operational Analytics Market expected to reach USD 29.66 billion during the forecast period of 2021 to 2028
Global Operational Analytics Market segmented By Application such as Predictive Asset Maintenance, Risk Management, Fraud Detection, Supply Chain Management, Customer Management, Workforce Management, Sales and Marketing Management and Others.
Global Operational Analytics Market segmented By Product Type such as Software and Service.
The major players covered in the operational analytics market report are IBM Corporation, Oracle, Microsoft, SAP SE, Hexagon AB, IMS Software, Inc., Autodesk Inc., BENTLEY SYSTEMS, INCORPORATED, ALTERYX, INC., SAS Institute Inc., Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., VMware, Inc., Continuity Software Ltd., ExtraHop Networks, BMC Software, Inc., Apptio, Inc., Appnomic, Evolven Software and Splunk Inc. among other domestic and global players.
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