Operational Intelligence Market: Global Industry Analysis and Forecast (2023-2029)

Operational Intelligence Market is expected to grow at a rate of 12.08% CAGR from 2022 to 2029, the Operational Intelligence Market is reaching almost US$ 5.16 Bn. in 2029.

Market Overview and Dynamics:

Operational Intelligence (OI) is a technology used by the IT department to improve visibility of events that may occur in a business and to identify insights across many organisation verticals. It is a technology that works with real-time data. There is a vast amount of machine-generated data behind every IT infrastructure and system in the organisation. With the help of the OI tools, this data must be examined. This information is valuable to businesses because it can help them enhance their overall efficiency.Operational Intelligence MarketTo know about the Research Methodology :- Request Free Sample Report As a preventative move to halt the spread of the COVID-19 pandemic, governments in a number of countries have imposed statewide lockdowns. This has thrown off planned operational intelligence projects all throughout the world. The epidemic has impacted the market's supply of critical equipment and skilled labor, causing project delays. In March 2022, IBM created a new, interactive global dashboard using IBM Cognos Analytics to demonstrate the spread of COVID-19 over the world. This dashboard's COVID-19 data comes from state and municipal governments, as well as the World Health Organization (WHO). The market is driven by the growing need for real-time data analytics. In today's data-driven environment, operational intelligence has an obvious and growing impact. The market is being driven by end-user adoption of Big Data Analytics and the Internet of Things (IoT). Operational intelligence (OI) and analytics solutions have earned a significant market share in the last decade, thanks to the rise of Big Data and the growing need to make key business decisions in a short amount of time. According to IBM, 62 % of merchants believe that using data (Big Data and analytics) gives their businesses a competitive advantage. This number compares to 63 % of responses from all industries. The report has covered the market trends from 2022 to forecast the market through 2029. 2022 is considered a base year however 2022 numbers are on real output of the companies in the market. Special attention is given to 2022 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Retail segment is expected to witness significant growth during the forecast period.

Based on end use industry, the retail segment is projected to grow at the highest CAGR of 13.2% to reach nearly US$ xx Bn by 2029. The retail industry creates a huge amount of transaction data, which is collected through operational systems including finance and point-of-sale systems, as well as e-commerce or online retailing solutions. The information gathered can be used to get customer insights, better understand customer needs, and improve product performance on the market. Retailers all over the world are continuously working to develop new ways to collect data from their customers during the buying process that will allow them to use the insights gained from the data in order to realize its potential monetary value. Cloud-based segment is expected to grow at the highest 19.34% CAGR over 2022-2029. Globally, the Cloud-based segment is estimated to grow at the highest rate, by deployment type.Because of the additional benefits, such as cost savings, accessibility, scalability, and centralised service, cloud deployment is likely to hold a significant portion of the market. Furthermore, a growing number of banks are shifting their data, processes, and infrastructure to the cloud in order to reap the benefits of cloud deployment, which makes business application integration even easier. For example, to increase communication and cooperation among its workers and transform itself into a digital workplace, the State Bank of India, which has 23,000 branches, picked Office 365, a cloud-based productivity solution from Microsoft. North America is the global leader in Operational Intelligence Market. North America is expected to account for the largest xx% share followed by the Asia Pacific in 2022. The presence of a large number of established key players such as Splunk Inc., SQLsteam, OpsVeda, Inc., Axway Inc., Vitria Technology, Inc., Intelligent InSites, Inc., Starview Inc., Oversight Systems, Inc., and Space Time Insight, Inc. is expected to drive the growth of the operational intelligence market in North America. The market is expected to grow significantly in the future due to the region's stable and well-established economies. Furthermore, the region has a well-established infrastructure, which allows for greater device penetration and, as a result, better connectivity. The market's expansion can also be linked to the ease with which operational intelligence can be accessed via mobile applications. Another key element driving market expansion is the increased adoption of cloud-based analytical solutions. Leading market key players are working to demonstrate the opportunity to Operational Intelligence market. The MMR reports cover key developments in the Operational Intelligence market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Such as, In June 2020, Microsoft and SAS Institute Inc. have formed a strategic relationship in technology and go-to-market. Customers will be able to run their SAS workloads on the cloud with ease, allowing them to expand their business solutions and gain critical value from their digital transformation initiatives. With a comprehensive set of SAS Analytics services on Microsoft Azure, the cooperation is expected to help companies accelerate growth and uncover new ways to drive innovation. In June 2020, IBM launched Watson Works to address challenges of returning to workplaces. Watson Works is a curated set the of products that embed Watson AI model and applications to help companies navigate many aspects of the return-to-workplace challenge due to lockdowns put in place to slow the spread of COVID-19. In July 2020, Deutsche Bank and Google Cloud entered a strategic partnership with the goal of redefining how the bank develops and offers its financial services. The collaboration will enable Deutsche Bank to accelerate its cloud transition and build on the engineering capabilities of both companies. The objective of the report is to present a comprehensive analysis of the global Operational Intelligence 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 have 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 report also helps in understanding the global Operational Intelligence Market dynamics, structure by analyzing the market segments and projects the global Operational Intelligence 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 Intelligence Market make the report investor’s guide.

Operational Intelligence Market Scope :Inquire before buying

Global Operational Intelligence Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.32 Bn.
Forecast Period 2023 to 2029 CAGR: 12.08% Market Size in 2029: US $ 5.16 Bn.
Segments Covered: 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

Operational Intelligence Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

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 Frequently Asked Questions: 1) What was the market CAGR of Global Operational Intelligence Market during 2022-2029? Ans - Global Operational Intelligence Market is expected to grow at a rate of 12.08% CAGR from 2022 to 2029. 2) What is the market segment of the Operational Intelligence Market? Ans -The market segments are based on Deployment Type, Organization Size and End Use Industry. 3) What is the forecast period considered for Global Operational Intelligence Market? Ans -The forecast period for Global Operational Intelligence Market is 2023 to 2029. 4) What is the market size of Global Operational Intelligence Market markets in 2029? Ans – Global Operational Intelligence Market is estimated as worth US$ 5.16 Bn. 5) Which region is dominated in Global Operational Intelligence Market? Ans -In 2022, the North America region dominated the Global Operational Intelligence Market.
1. Global Operational Intelligence Market: Research Methodology 2. Global Operational Intelligence Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Operational Intelligence 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 Intelligence 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 Intelligence Market Segmentation 4.1 Global Operational Intelligence Market, By Organization Size (2022-2029) • Large Enterprises • Small and Medium Enterprises 4.2 Global Operational Intelligence Market, By End Use Industry (2022-2029) • BFSI • Manufacturing • Healthcare • Retail • Transportation and Logistics • Energy and Power • Telecom and IT • Others 4.3 Global Operational Intelligence Market, By Application (2022-2029) • Household • Commercial • Others 4.4 Global Operational Intelligence Market, By Deployment type (2022-2029) • On-premises • Cloud-based 5. North America Operational Intelligence Market (2022-2029) 5.1 North America Operational Intelligence Market, By Organization Size (2022-2029) • Large Enterprises • Small and Medium Enterprises 5.2 North America Operational Intelligence Market, By End Use Industry (2022-2029) • BFSI • Manufacturing • Healthcare • Retail • Transportation and Logistics • Energy and Power • Telecom and IT • Others 5.3 North America Operational Intelligence Market, By Application (2022-2029) • Household • Commercial • Others 5.4 North America Operational Intelligence Market, By Deployment type (2022-2029) • On-premises • Cloud-based 5.5 North America Operational Intelligence Market, by Country (2022-2029) • United States • Canada • Mexico 6. Asia Pacific Operational Intelligence Market (2022-2029) 6.1. Asia Pacific Operational Intelligence Market, By Organization Size (2022-2029) 6.2. Asia Pacific Operational Intelligence Market, By End Use Industry (2022-2029) 6.3. Asia Pacific Operational Intelligence Market, By Application (2022-2029) 6.4. Asia Pacific Operational Intelligence Market, By Deployment type (2022-2029) 6.5. Asia Pacific Operational Intelligence Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Operational Intelligence Market (2022-2029) 7.1 Middle East and Africa Operational Intelligence Market, By Organization Size (2022-2029) 7.2. Middle East and Africa Operational Intelligence Market, By End Use Industry (2022-2029) 7.3. Middle East and Africa Operational Intelligence Market, By Application (2022-2029) 7.4. Middle East and Africa Operational Intelligence Market, By Deployment type (2022-2029) 7.5. Middle East and Africa Operational Intelligence Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Operational Intelligence Market (2022-2029) 8.1. Latin America Operational Intelligence Market, By Organization Size (2022-2029) 8.2. Latin America Operational Intelligence Market, By End Use Industry (2022-2029) 8.3. Latin America Operational Intelligence Market, By Application (2022-2029) 8.4. Latin America Operational Intelligence Market, By Deployment type (2022-2029) 8.5. Latin America Operational Intelligence Market, by Country (2022-2029) • Brazil • Argentina • Rest of Latin America 9. European Operational Intelligence Market (2022-2029) 9.1. European Operational Intelligence Market, By Organization Size (2022-2029) 9.2. European Operational Intelligence Market, By End Use Industry (2022-2029) 9.3. European Operational Intelligence Market, By Application (2022-2029) 9.4. European Operational Intelligence Market, By Deployment type (2022-2029) 9.5. European Operational Intelligence Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. Advanced Control Systems, Inc 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 RheinBrücke IT Consulting GmbH 10.3 Wipro Limited 10.4 Uniper SE 10.5 IBM 10.6 Microsoft 10.7 Amazon Web Services, Inc. 10.8 Domo, Inc. 10.9 TIBCO Software Inc. 10.10 Sisense Inc. 10.11 Yellowfin 10.12 SAP SE 10.13 Vitria Technology Inc. 10.14 Hitachi Vantara Corporation 10.15 PTC
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