Press release
Operational Intelligence Market to reach USD 5.16 Bn by 2029, emerging at a CAGR of 12.08 percent and forecast 2023-2029
Operational Intelligence Market Report Scope:The Operational Intelligence Market report offers a comprehensive analysis of the industry's past and current status, along with a forecasted market size and trends. It presents a detailed examination of key players in the industry, categorizing them as market leaders, followers, and new entrants. The report includes PORTER and PESTEL analysis, exploring the potential impact of micro-economic factors on the market. Both external and internal factors affecting the industry are scrutinized to provide a clear view of its future to decision-makers.
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Operational Intelligence Market Research Methodology:
This report utilizes a rigorous research methodology to deliver insightful findings. It encompasses data analysis from 2022 as the base year, considering the effects of lockdown on demand and supply, as well as the impact on the market for the next two years. Specific strategic analyses of companies that thrived during lockdown are also featured in the report.
What are Operational Intelligence Market Dynamics:
The Operational Intelligence Market is primarily driven by the increasing demand for real-time data analytics. In today's data-centric environment, operational intelligence plays a pivotal role, with end-users embracing Big Data Analytics and the Internet of Things (IoT). The rise of Big Data and the need for quick decision-making have propelled operational intelligence and analytics solutions to significant market share. According to IBM, 62% of businesses in the retail sector believe that leveraging data, including Big Data and analytics, provides them with a competitive edge.
Operational Intelligence Market Regional Insights:
North America: As the global leader in the Operational Intelligence Market, North America is expected to dominate with the largest market share, driven by established key players such as Splunk Inc., SQLsteam, OpsVeda, Inc., and more. The region's stable economies, well-established infrastructure, and ease of accessing operational intelligence through mobile applications contribute to its growth.
Asia Pacific: Following North America, the Asia Pacific region is expected to witness substantial growth in the Operational Intelligence Market. The adoption of cloud-based analytical solutions, increased device penetration, and connectivity enhancements are key factors driving this expansion.
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What is Operational Intelligence Market Segmentation:
by End Use Industry
BFSI
Manufacturing
Healthcare
Retail
Transportation and Logistics
Energy and Power
Telecom and IT
Others
by Deployment Mode
On-premises
Cloud-based
by Organization Size
Large Enterprises
Small and Medium Enterprise
by Application
Household
Commercial
Others
Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.
Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.
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Who are Operational Intelligence Market Key Players:
1. Advanced Control Systems, Inc.
2. RheinBrücke IT Consulting GmbH
3. Wipro Limited
4. Uniper SE
5. IBM
6. Microsoft
7. Amazon Web Services, Inc.
8. Domo, Inc.
9. TIBCO Software Inc.
10. Sisense Inc.
11. Yellowfin
12. SAP SE
13. Vitria Technology Inc.
14. Hitachi Vantara Corporation
15. PTC
Table of content for the Operational Intelligence Market includes:
Global Operational Intelligence Market: Research Methodology
Global Operational Intelligence Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Operational Intelligence Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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