Press release
Operational Analytics Market Growth by Global Vendors: IBM, Oracle, Microsoft, SAS Institute, HPE, SAP SE, Alteryx, Cloudera, Bentley Systems, Splunk
Global Operational Analytics Market, by Application Type (As Service, As Software), by Business Utility (Marketing, Sales, Finance), by Deployment (On Premises, On Cloud), by Vertical (Government, Healthcare, Financial Services, Retail, Manufacturing) - Forecast 2022Globally the market for Operational Analytics market is expected to grow USD 9 billion at CAGR of 18% from 2016 to 2022.
Market Scenario:
Operational decisions tends to be high-volume and repetitive in nature. These decision helps to manage, monitor and drive organization’s operational excellence from manufacturing to human resource and also helps to streamline business processes efficiently and effectively. Operational Analytics services helps to optimize resource allocation, improve cash flows, optimize spends, increase productivity and profitability.
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The Operational analytics tools have a unique role in various industry verticals such as manufacturing, healthcare, energy and utilities, retails and others. The basic factor for the growth of this market is the increasing number of IoT- enabled smart connected devices and sensor, which releases a large amount of heterogeneous data simultaneously. Furthermore, the shifting interests towards cloud deployment, predictive analytics for business, end-to-end automation, and consumer-friendly IoT analytics platform are some other factors driving this market and creating value in the market.
Key Players for Operational Analytics Market:
Some of the major players in Operational Analytics Market include IBM Corporation (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), HPE (U.S.), SAP SE (Germany), Alteryx (U.S.), Cloudera (U.S.), Bentley Systems (U.S.), and Splunk (U.S.). and among others.
Segments for Operational Analytics Market:
Segmentation by Application Type: As Service, As Software
Segmentation by Business Utility: Marketing, Sales, Finance, Human Resource and Others
Segmentation by Deployment: on Premises, On Cloud
Segmentation by Vertical: Government, Healthcare, Financial Services, Retail, Manufacturing, Energy and utilities, Transportation and Logistics, and others
Regional Analysis of Operational Analytics Market:
North America is dominating the Global Operational Analytics Market with the largest market share in the region due to high market penetration of connected devices and presence of major IT industries and therefore is expected to grow with highest revenue by 2022. Operational Analytics Market in Asia-Pacific market is expected to grow at with a highest CAGR of ~ 18% as high adoption of IoT-enabled devices and various government initiatives such as smart cities across APAC countries including China and India. has projected strong growth in countries such as India and China among others in the region.
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List Of Tables
Table 1 Global Operational Analytics Market (Usd Billion)
Table 2 Global Operational Analytics Market, By Application Type
Table 3 Global As Service Markets, By Region
Table 4 Global As Software Markets, By Region
Table 5 Global Operational Analytics Market, By Business Utility
Table 6 Global Marketing Business Utility Markets, By Region
Table 7 Global Sales Business Utility Markets, By Region
Table 8 Global Finance Business Utility Markets, By Region
Table 9 Global Human Resource Business Utility Markets, By Region
Table 10 Global Others Business Utility Markets, By Region
Table 11 Global Operational Analytics Market, By Deployment
Table 12 Global On Premises Market, By Region
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