Operational Analytics Market
Operational Analytics - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Operational Analytics Market is accounted for $7.72 billion in 2019 and is expected to reach $31.04 billion by 2027 growing at a CAGR of 19.0% during the forecast period. Some of the factors such as rising need for process and operations optimization and control, growing adoption of advanced data management strategies are driving the growth of the market. However, complex analytical process and lack of sufficiently skilled staff are hampering the market growth.
Operational analytics is the interpretation of multiple disciplines which support the seamless flow from initial analytic discovery to embedding predictive analytics into business operations, applications, and machines. Operational analytics uses statistical analysis extensively and this includes fact-based management and predictive and explanatory modeling to drive decision making. It also helps in improving business stability and avoiding service outages by identifying trends which predict potential issues and help in their proactive mitigation through sending alerts in some case while some get auto-corrected.
Based on the deployment model, the on-premises segment is going to have a lucrative growth during the forecast period owing to the cost-effective and timely services. Its growth is specifically high in Small and Medium Enterprises (SMEs), where low- cost solutions are greatly required.
By geography, North America is going to have a lucrative growth during the forecast period due to the early adoption of emerging technologies such as big data analytics, advanced analytics, and others. Also, a majority of players offering operational analytics solution are from this region. High established economies such as US, Canada, and others, invest higher share on research and developments of technologies such as analytics and big data which fuel the growth of operational analytics market in the region.
Some of the key players profiled in the Operational Analytics Market include Alteryx, Inc, Bentley Systems, Inc, Cisco Systems, Cloudera, Inc, Google Inc, Hewlett-Packard Enterprise, IBM Corporation, Microsoft Corporation, Oracle Corporation, SAS Institute, Inc, Splunk, Inc, Evolven Software Inc., HP Development Company, SAP SE, Riverbed, and Zenoss.
Types Covered:
• Service
• Software
Business Functions Covered:
• Finance
• Human Resources (HR)
• Information Technology (IT)
• Marketing
• Sales
Deployment Models Covered:
• Hosted/On-Cloud
• On-Premises
Applications Covered:
• Customer Management
• Fraud Detection
• Predictive Asset Maintenance
• Risk Management
• Sales and Marketing Management
• Supply Chain Management
• Workforce Management
End Users Covered:
• Energy and Utilities
• Government and Defense
• Manufacturing
• Retail and Consumer Goods
• Telecommunications
• Transportation and Logistics
• Banking, Financial Services, and Insurance (BFSI)
• Other End User
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Operational Analytics Market, By Type
5.1 Introduction
5.2 Service
5.2.1 Managed Services
5.2.2 Professional Services
5.2.2.1 Consulting Services
5.2.2.2 Deployment and Integration
5.2.2.3 Support and Maintenance
5.3 Software
6 Global Operational Analytics Market, By Business Function
6.1 Introduction
6.2 Finance
6.3 Human Resources (HR)
6.4 Information Technology (IT)
6.5 Marketing
6.6 Sales
7 Global Operational Analytics Market, By Deployment Model
7.1 Introduction
7.2 Hosted/On-Cloud
7.3 On-Premises
8 Global Operational Analytics Market, By Application
8.1 Introduction
8.2 Customer Management
8.3 Fraud Detection
8.4 Predictive Asset Maintenance
8.5 Risk Management
8.6 Sales and Marketing Management
8.7 Supply Chain Management
8.8 Workforce Management
9 Global Operational Analytics Market, By End User
9.1 Introduction
9.2 Energy and Utilities
9.3 Government and Defense
9.4 Manufacturing
9.5 Retail and Consumer Goods
9.6 Telecommunications
9.7 Transportation and Logistics
9.8 Banking, Financial Services, and Insurance (BFSI)
9.9 Other End User
9.9.1 Healthcare
9.9.2 Food & Beverage
9.9.3 Education
10 Global Operational Analytics Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 IBM Corporation
12.2 Oracle Corporation
12.3 Microsoft Corporation
12.4 SAS Institute, Inc
12.5 Hewlett-Packard Enterprise
12.6 Alteryx, Inc
12.7 Cloudera, Inc
12.8 Bentley Systems, Inc
12.9 Splunk, Inc
12.10 Cisco Systems
12.11 Google Inc
12.12 Evolven Software Inc
12.13 HP Development Company
12.14 SAP SE
12.15 Riverbed
12.16 Zenoss
List of Tables
1 Global Operational Analytics Market Outlook, By Region (2018-2027) ($MN)
2 Global Operational Analytics Market Outlook, By Type (2018-2027) ($MN)
3 Global Operational Analytics Market Outlook, By Service (2018-2027) ($MN)
4 Global Operational Analytics Market Outlook, By Managed Services (2018-2027) ($MN)
5 Global Operational Analytics Market Outlook, By Professional Services (2018-2027) ($MN)
6 Global Operational Analytics Market Outlook, By Software (2018-2027) ($MN)
7 Global Operational Analytics Market Outlook, By Business Function (2018-2027) ($MN)
8 Global Operational Analytics Market Outlook, By Finance (2018-2027) ($MN)
9 Global Operational Analytics Market Outlook, By Human Resources (HR) (2018-2027) ($MN)
10 Global Operational Analytics Market Outlook, By Information Technology (IT) (2018-2027) ($MN)
11 Global Operational Analytics Market Outlook, By Marketing (2018-2027) ($MN)
12 Global Operational Analytics Market Outlook, By Sales (2018-2027) ($MN)
13 Global Operational Analytics Market Outlook, By Deployment Model (2018-2027) ($MN)
14 Global Operational Analytics Market Outlook, By Hosted/On-Cloud (2018-2027) ($MN)
15 Global Operational Analytics Market Outlook, By On-Premises (2018-2027) ($MN)
16 Global Operational Analytics Market Outlook, By Application (2018-2027) ($MN)
17 Global Operational Analytics Market Outlook, By Customer Management (2018-2027) ($MN)
18 Global Operational Analytics Market Outlook, By Fraud Detection (2018-2027) ($MN)
19 Global Operational Analytics Market Outlook, By Predictive Asset Maintenance (2018-2027) ($MN)
20 Global Operational Analytics Market Outlook, By Risk Management (2018-2027) ($MN)
21 Global Operational Analytics Market Outlook, By Sales and Marketing Management (2018-2027) ($MN)
22 Global Operational Analytics Market Outlook, By Supply Chain Management (2018-2027) ($MN)
23 Global Operational Analytics Market Outlook, By Workforce Management (2018-2027) ($MN)
24 Global Operational Analytics Market Outlook, By End User (2018-2027) ($MN)
25 Global Operational Analytics Market Outlook, By Energy and Utilities (2018-2027) ($MN)
26 Global Operational Analytics Market Outlook, By Government and Defense (2018-2027) ($MN)
27 Global Operational Analytics Market Outlook, By Manufacturing (2018-2027) ($MN)
28 Global Operational Analytics Market Outlook, By Retail and Consumer Goods (2018-2027) ($MN)
29 Global Operational Analytics Market Outlook, By Telecommunications (2018-2027) ($MN)
30 Global Operational Analytics Market Outlook, By Transportation and Logistics (2018-2027) ($MN)
31 Global Operational Analytics Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2018-2027) ($MN)
32 Global Operational Analytics Market Outlook, By Other End User (2018-2027) ($MN)
33 Global Operational Analytics Market Outlook, By Healthcare (2018-2027) ($MN)
34 Global Operational Analytics Market Outlook, By Food & Beverage (2018-2027) ($MN)
35 Global Operational Analytics Market Outlook, By Education (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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