Operational Analytics Market: Global Industry Analysis and Outlook (2022-2029)

Operational Analytics Market size was valued at US$ 11.18 Bn. in 2021 and the total revenue is expected to grow at 18.87% through 2022 to 2029, reaching nearly US$ 44.59 Bn.

Operational Analytics Market Overview:

Operational analytics is the integration of various disciplines that allows a fluid flow from initial analytic exploration to integrating predictive analytics in core processes, apps, and technologies. Operational analytics is concerned with enhancing existing operations by employing various data mining and data aggregation technologies to obtain more transparent data for business planning. For all essential operations and activities of the business, analytical systems are being used across all industries. Analytics is used by businesses to study the firm and all of its elements, including its employees, customers, finances, and operations. Operational Analytics MarketTo know about the Research Methodology :- Request Free Sample Report

Operational Analytics Market Dynamics:

The operational analysis industry is composed of companies dedicated to providing significant growth for operational analysis market applications. In general, IT operations analysis helps to improve operational efficiency, provides better capacity management, reduces MTTR/MTTI by 70%, and improves overall business efficiency. All important IT operations analysis helps to correctly automate the huge process of collecting data, organizing data, and identifying data patterns in a highly distributed manner, with diverse and rapidly changing panel and application data. This helps to collect problems faster and improve the performance of these IT systems. Operational analysis provides the right information at the right time. It also helps users to quickly focus on solving problems and reduce the time required to solve problems. Operational analytics is becoming more important as diverse companies throughout the world become more reliant on global IT infrastructure support. Along with this, corporations have been more eager to mix virtualized environments, which have resulted in increasing infrastructure investments. Advances in Operational Analytics have emerged as a very appealing and simple option. The operational analytics sector has become increasingly large. The growth of the operational analytics industry is restricted by a scarcity of qualified personnel and a high initial investment. The operational analytics industry growth is also affected due to the shift in organisational structure. The absence of government aid and the inability to handle third-party data sources will stymie the industry's needs. The rise of technologies like PaaS is likely to open up a slew of new possibilities. PaaS provides for simpler high-level programming, which is driving industry demand.

Operational Analytics MarketOperational Analytics Market Segment Analysis:

Based on the Component, the Operational Analytics market is sub-segmented into Software and Services. The Software segment held the largest market share of xx% in 2021. Healthcare operational analytics software converts the huge volumes of data that a health care organisation acquires on a regular basis into actionable knowledge that has an impact on operational benefits, which is a key aspect in achieving excellent patient outcomes. Healthcare analytics also enhances operational data collection, administration, and sharing. To keep their business healthy, comply with changing industry legislation, and improve both population health and individual patient management, health care providers rely on the data warehouse that makes up a substantial piece of healthcare analytics software. Based on the End-User, the Operational Analytics market is sub-segmented into Retail, Manufacturing, Public sectors, Transportation, Energy and utilities, IT and telecommunication and others. The Manufacturing segment held the largest market share of xx% in 2021. The advantages of adopting operational analytics in the manufacturing industry include gaining a competitive edge by increasing efficiency across the product life cycle and establishing a link between decision-making and Return on Investment (ROI).

Operational Analytics MarketOperational Analytics Market Regional Insights:

North America held the largest market share of 32.7% in 2021. The United States (US) and Canada, both in North America, have established and well-structured health-care systems. These platforms also encourage research and development. International corporations are encouraged to invest in the United States and Canada as a result of these policies. These countries also have a high adoption rate. As a result, this region's breakthrough innovations are quickly gaining traction. Because these technologies are efficient and simple to use, they have a high adoption rate, which leads to a strong demand. As a result, these countries have a large number of global market participants. Asia Pacific is expected to grow at a highest CAGR of 17.8% in the global Operational Analytics market during the forecast period. Because to the increasing use of the Internet of Things (IoT) and smart systems, as well as government initiatives such as smart cities in Asia Pacific countries such as China and India. The objective of the report is to present a comprehensive analysis of the global Operational Analytics Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Operational Analytics Market dynamic, structure by analyzing the market segments and project the global Operational Analytics Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Operational Analytics Market make the report investor’s guide.

Operational Analytics Market Scope: Inquiry Before Buying

Operational Analytics Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 11.18 Bn.
Forecast Period 2022 to 2029 CAGR: 18.87% Market Size in 2029: US $ 44.59 Bn.
Segments Covered: by Component • Software • Services
by Deployment Mode • Cloud • On-Premise
by Application • Risk management • Fraud detection • Supply chain management • Customer management • Asset maintenance • Others
by End-User • Retail • Manufacturing • Public sectors • Transportation • Energy and utilities • IT and telecommunication • Others

Operational Analytics Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Operational Analytics Market Key Players

IBM Corporation • Microsoft Corporation • Alteryx, Inc. • Bentley Systems, Inc. • Cloudera, Inc. • Continuity Software • Evolven Software • Gavs Technologies • Hewlett-Packard Enterprise • Oracle Corporation • SAP SE • SAS Institute, Inc. • Splunk Inc. • Riverbed • HP Development Company • Solarwinds • CA Technologies Frequently Asked Questions: 1] What segments are covered in Operational Analytics Market report? Ans. The segments covered in Operational Analytics Market report are based on Component, Deployment Mode, Application and End-User. 2] Which region is expected to hold the highest share in the Operational Analytics Market? Ans. North America is expected to hold the highest share in the Operational Analytics Market. 3] What is the market size of Operational Analytics Market by 2029? Ans. The market size of Operational Analytics Market is expected to reach US $ 44.59 Bn. by 2029. 4] Who are the top key players in the Operational Analytics Market? Ans. IBM Corporation, Microsoft Corporation, SAP SE, Alteryx, Inc., Bentley Systems, Inc., Cloudera, Inc., and Continuity Software are the top key players in the global Operational Analytics Market. 5] What was the market size of Operational Analytics Market in 2021? Ans. The market size of Operational Analytics Market in 2021 was US $ 11.18 Bn.
1. Global Operational Analytics Market: Research Methodology 2. Global Operational Analytics Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Operational Analytics Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Operational Analytics Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Operational Analytics Market Segmentation 4.1 Global Operational Analytics Market, by Component (2021-2029) • Software • Services 4.2 Global Operational Analytics Market, by Deployment Mode (2021-2029) • Cloud • On-Premise 4.3 Global Operational Analytics Market, by Application (2021-2029) • Risk management • Fraud detection • Supply chain management • Customer management • Asset maintenance • Others 4.4 Global Operational Analytics Market, by End-User (2021-2029) • Retail • Manufacturing • Public sectors • Transportation • Energy and utilities • IT and telecommunication • Others 5. North America Operational Analytics Market(2021-2029) 5.1 Global Operational Analytics Market, by Component (2021-2029) • Software • Services 5.2 Global Operational Analytics Market, by Deployment Mode (2021-2029) • Cloud • On-Premise 5.3 Global Operational Analytics Market, by Application (2021-2029) • Risk management • Fraud detection • Supply chain management • Customer management • Asset maintenance • Others 5.4 Global Operational Analytics Market, by End-User (2021-2029) • Retail • Manufacturing • Public sectors • Transportation • Energy and utilities • IT and telecommunication • Others 5.4 North America Operational Analytics Market, by Country (2021-2029) • United States • Canada • Mexico 6. Asia Pacific Operational Analytics Market (2021-2029) 6.1. Asia Pacific Operational Analytics Market, by Component (2021-2029) 6.2. Asia Pacific Operational Analytics Market, by Deployment Mode (2021-2029) 6.3. Global Operational Analytics Market, by Application (2021-2029) 6.4. Asia Pacific Operational Analytics Market, by End-User (2021-2029) 6.4. Asia Pacific Operational Analytics Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Operational Analytics Market (2021-2029) 7.1 Middle East and Africa Operational Analytics Market, by Component (2021-2029) 7.2. Middle East and Africa Operational Analytics Market, by Deployment Mode (2021-2029) 7.3. Middle East and Africa Operational Analytics Market, by Application (2021-2029) 7.4. Middle East and Africa Operational Analytics Market, by End-User (2021-2029) 7.5. Middle East and Africa Operational Analytics Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Operational Analytics Market (2021-2029) 8.1. Latin America Operational Analytics Market, by Component (2021-2029) 8.2. Latin America Operational Analytics Market, by Deployment Mode (2021-2029) 8.3. Latin America Operational Analytics Market, by Application (2021-2029) 8.4. Latin America Operational Analytics Market, by End-User (2021-2029) 8.5 Latin America Operational Analytics Market, by Country (2021-2029) • Brazil • Argentina • Rest Of Latin America 9. European Operational Analytics Market (2021-2029) 9.1. European Operational Analytics Market, by Component (2021-2029) 9.2. European Operational Analytics Market, by Deployment Mode (2021-2029) 9.3. European Operational Analytics Market, by Application (2021-2029) 9.4. Latin America Operational Analytics Market, by End-User (2021-2029) 9.5. European Operational Analytics Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. IBM Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Microsoft Corporation 10.3. Alteryx, Inc. 10.4. Bentley Systems, Inc. 10.5. Cloudera, Inc. 10.6. Continuity Software 10.7. Evolven Software 10.8. Gavs Technologies 10.9. Hewlett-Packard Enterprise 10.10. International Business Machines Corporation 10.11. Oracle Corporation 10.12. SAP SE 10.13. SAS Institute, Inc. 10.14. Splunk Inc. 10.15. Riverbed 10.16. HP Development Company 10.17. Solarwinds 10.18. CA Technologies

About This Report

Report ID 61944
Category Information Technology & Telecommunication
Published Date Sept 2022
Updated Date
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