Operational Intelligence Market Highlights:
The global operational intelligence market is anticipated to reach USD 3.46 Bn at an impressive CAGR of 12% over the forecast period of 2017-2023, asserts Market Research Future (MRFR) in a recently published research report.
Operational intelligence combines analytical tools with operational data to enable decision makers to gain competitive information and understand the capabilities available in a firm.
The proliferation of big data has presented its own set of challenges which is a key driver to the growth of the global operational intelligence market. Operational intelligence allows shifting through large amounts of data and facilitates extraction of pertinent information through them which has resulted in the high adoption rate of operational intelligence solutions among end users.
The demand for Operational Intelligence Marketsolution is increasing across the globe due to competitive pressures arising out of a need to improve operational insights and efficiency. Furthermore, the proliferation of mobile technology and social computing has evoked high interest in attaining visualization capabilities and real-time analytics.
Other factors contributing to the growth of the global operational intelligence market include stringent data privacy laws. Rapid alteration in laws relating to data privacy has forced organizations to implement more strict data governance capabilities and processes.
However, the adoption of operational intelligence is low among SMEs which might restrict the growth of the market over the forecast period.
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Competitive Landscape:
The key players in the global operational intelligence market include Oversight Systems, Inc. (U.S.), Vitria Technology, Inc. (U.S.), Splunk Inc. (U.S.), SQLsteam (U.S.), Axway Inc. (U.S.), Software AG (Germany), Starview Inc. (U.S.), Flexeye Ltd. (U.K), OpenText Corporation (Canada), Space Time Insight, Inc. (U.S.), OpsVeda, Inc. (U.S.), Siemens AG (Germany), Intelligent InSites, Inc. (U.S.), VisionWaves B.V. (The Netherlands).
Segmentation:
The global operational intelligence market has been segmented based on type, deployment, application, and vertical.
- By type, the global operational intelligence market has been segmented into enterprise manufacturing operational intelligence, enterprise operational intelligence software, IT service intelligence and enterprise security.
- By deployment, the global operational intelligence market has been segmented into cloud and on-premise.
- By application, the global operational intelligence market has been segmented into assembly line quality assurance, preventive maintenance, exploration & production optimization, supply chain, and logistics smart meter analysis and others.
- By vertical, the global operational intelligence market has been segmented into BFSI, healthcare, manufacturing, retail, automotive, oil & gas, and others.
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Regional Analysis:
By region, the global operational intelligence market has been segmented into Asia Pacific, North America, Europe, and Rest of the World. North America is spearheading the global operational intelligence market. Advancement in technology and brisk adoption of latest technologies in the region spur the growth of the market.
The US and Canada are the key contributors to the North America market. The presence of major key players in the region also gives North America leverage over other regions. APAC is poised to register the highest CAGR over the forecast period. The rapid adoption of cloud computing and expanding IT spending in the region can be credited for the growth of the market.
Intended Audience:
- Technology Investors
- Research/Consultancy Firms
- Government Bodies
- Consulting Service Providers
- Solution Providers
- Cloud Solution Providers
- Cloud Service Providers
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…
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List of Tables
Table 1 Global Operational Intelligence Market: By Region, 2017-2023
Table 2 North America Operational Intelligence Market: By Country, 2017-2023
Table 3 Europe Operational Intelligence Market: By Country, 2017-2023
Table 4 Asia-Pacific Operational Intelligence Market: By Country, 2017-2023
Table 5 Middle East & Africa Operational Intelligence Market: By Country, 2017-2023
Continued…
List of Figures
Figure 1 Global Operational Intelligence Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Operational Intelligence Market
Figure 4 Value Chain of Global Operational Intelligence Market
Figure 5 Share of Global Operational Intelligence Market In 2017, By Country (In %)
Continued…
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