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The global operational analytics market is projected to reach usd 22.54 billion by 2025, growing at a cagr of 18.86% from 2017 to 2025 top key players are microsoft corporation, hewlett-packard enterprise, ibm corporation, sap se, bentley systems, inc.,sp

02-18-2019 09:36 PM CET | Media & Telecommunications

Press release from: Kenneth Research

The global operational analytics market is projected to reach

The Global Operational Analytics Market was valued at USD 4.76 billion in 2016 and is projected to reach USD 22.54 billion by 2025, growing at a CAGR of 18.86% from 2017 to 2025. Operational analytics is another term for a type of business analytics which focuses on improving existing operations. This involves the use of various data mining and data aggregation tools to get more transparent information for business planning. Operational analytics helps the enterprises with several benefits including – provides powerful data modeling and predictive analytics, quicker deployment, faster results, effective allocation of capital and human resources, streamline operational processes, optimizes production and distribution channel, and real-time processing.

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Rising adoption by small and medium businesses
1.2 Issues with management of data quality and security
1.3 Rising market and competitive intelligence
1.4 Increasing adoption of advanced data management strategies
1.5 Rapid data generation due to emergence of IoT-enabled technologies
1.6 Rising demand for process and operations optimization and control
2. Market Restraints
2.1 Lack of technical expertise
2.2 Complex analytical process
2.3 Rapid organizational change

Market Segmentation:
The Global Operational Analytics Market is segmented on the Business Function, Component, Deployment Model, Application, vertical, and region.

1. Business Function:
1.1 Human Resources
1.2 Information Technology
1.3 Sales
1.4 Marketing
1.5 Finance
1.6 Others

2. By Component:
2.1 Software
2.2 Services

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2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 Support and maintenance services
2.2.2.2 Consulting services

3. By Deployment Mode:
3.1 On-cloud
3.2 On-premises

4. By Application:
4.1 Workforce management
4.2 Predictive asset maintenance
4.3 Supply chain management
4.4 Sales and marketing management
4.5 Risk management
4.6 Customer management
4.7 Fraud detection
4.8 Others

5. By Vertical:
5.1 Government and Defense
5.2 IT and Telecom
5.3 Banking, Financial Services, and Insurance (BFSI)
5.4 Transportation and Logistics
5.5 Retail and Consumer Goods
5.6 Energy and Utilities
5.7 Manufacturing
5.8 Others

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Microsoft Corporation
2. Hewlett-Packard Enterprise
3. IBM Corporation
4. SAP SE
5. Bentley Systems, Inc.
6. Splunk, Inc.
7. SAS Institute, Inc.
8. Cloudera, Inc.
9. Oracle Corporation
10. Alteryx, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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21st Floor Suite MA111,
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Email:sales@kennethresearch.com
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