Operational Analytics Market | Planet Market Reports

Operational Analytics Market | Industry Outlook and Trend Analysis

The operational analytics market size will grow by USD 26.80 billion during 2025. This market report provides a detailed analysis of the market by end-users (manufacturing, telecom and IT, BFSI, transportation, retail, and other end-users) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including Hewlett Packard Enterprise Development LP, IBM Corp., Oracle Corp., SAP SE, and SAS Institute Inc.

The Operational Analytics Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Operational analytics is a creative innovation that empowers associations to decrease achieves better cost efficiency, fraud and risk, raise extra transactions and eventually increment income by lessening cost. The worldwide operational analytics market is becoming quickly because of the substitution from obsolete operational business knowledge systems to cutting edge business insight and examination strategies and the huge stream in the volume of business data crosswise over industry verticals.

Organizations are increasingly adopting business analytics or business intelligence software for data analytics to overcome challenges associated with the management of complex data. Furthermore, end-users are implementing business intelligence (BI) analytics in the cloud to generate valuable data from third-party sources. The demand for cloud-based data management strategies is increasing as end-users can leverage benefits such as security against a range of ransomware and viruses, ability to stay competitive with leading-edge capabilities with less capital and workforce, and effective data management. Enterprises also implement cloud-based data management strategies to improve customer relationships. This will aid vendors in increasing sales, which will contribute to operational analytics market growth 2025.

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Major operational analytics market trends, such as the adoption of AI-based operational analytics by enterprises, will also drive the growth of this market. Enterprises are focusing on the adoption of AI-based analytics to gain real-time access to operational data and automate their decision-making process. AI-based operational analytics provide end-users with benefits such as the easy conversion of unstructured data, improved use of operations data, and enhanced generation of data insights. The technology can also detect fraudulent activities and identify customer purchase patterns. Such benefits will result in an increase in the adoption of operational analytics by end-users. As a result of these factors, the market will grow at a CAGR of over 18% during the forecast period.

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Top Companies in Operational Analytics Market

The global market is concentrated. To help clients improve their market positions, this operational analytics market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This analytics market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies in creating strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading companies, including:

• Google Inc.
• Cisco Systems, Inc
• SAP SE
• HP Development Company
• Splunk Inc
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• SAS Institute Inc
• Evolven Software Inc

Regional Insights

The Asia Pacific is foreseen to develop over the estimated time span because of the quick urbanization, expanding the utilization of innovation, a high appropriation rate of the IoT, rising interest for safe and secure administrations, and government activities, for example, smart cities.

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

Some of the key questions answered by the report are:

What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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