Global
Performance Analytics Market, By Component (Software, Services), By Application
(Sales, Marketing, Supply Chain), By Deployment (On-premises,
Software-as-a-Service), By Vertical (BFSI, Retail, IT & Telecommunications)
- Forecast 2022
Market Synopsis of
Global Performance Analytics Market:
Market Scenario:
Performance analytics can be
explained as the methodology by which an organization can line up their
resources to achieve operational as well as performance goals. The benefits of
implementing performance analytics are quality assurance and strategizing objectives
of the organizations in order to cut down operational costs.
The reasons contributing to the
growth of performance analytics market are increasing need to meet deadlines,
increasing demand for improvement of resources, increase in overall quality and
to generate insights from increasing volume of data.
However, issues related to security,
privacy and error prone databases are the factors hindering the growth of the
performance analytics market. Various analytical solution are being used
nowadays such as web analytics, data analytics among others. Therefore,
performance analytics is expected to grow fast during the forecast period.
Geographically, North-America
accounted for the largest market share in the global performance analytics
market, whereas Asia-Pacific is expected to grow significantly over the
forecast period.
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PERFORMANCE ANALYTICS MARKET
The global performance analytics is
expected to reach approximately USD 4 billion by the end of 2022 with 20% CAGR
during forecast period 2016-2022.
Study Objectives of Global Performance Analytics Market:
- To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global performance analytics market.
- To provide insights about
factors affecting the market growth.
- To analyze the global
performance analytics market based porter’s five force analysis etc.
- To provide historical and
forecast revenue of the market segments and sub-segments with respect to
four main geographies and their countries- North America, Europe, Asia,
and Rest of the World (ROW).
- To provide country level
analysis of the market with respect to the current market size and future
prospective.
- To provide country level
analysis of the market for segment by component, deployment, application,
vertical and region.
- To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
- To track and analyze
competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the Global Performance Analytics
Key Players
The key players in the global performance analytics market
include Siemens AG (Germany), Adaptive Insights (U.S.), Xactly Corporation
(U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute Inc. (U.S.),
Optymyze (U.S.), Callidus Software, Inc. (U.S.), IBM Corporation (U.S.),
Service Now, Inc (U.S.), among others.
Segments
For the purpose of this study,
Market Research Future has segmented the market of performance analytics into
component, application, deployment, end-users and region.
Component
- Software
- Service
Deployment
- On-premises
- Software as a Service
Application
- Sales Analytics
- Marketing Analytics
- Supply chain Analytics
- Financial Analytics
- Employee Analytics
- IT Analytics
Vertical
- BFSI
- IT & Telecommunications
- Retail
- Healthcare
- Government
- Transportation
- Energy & Utilities
- Others
Region
- North-America
- Europe
- Asia-Pacific
- RoW
Regional
Analysis:
Regionally, North-America accounted for the largest market
share, because of the increasing number of players in this region, high
investments for cloud-based solutions and growing adoption of emerging
technologies.
However, Asia-Pacific is expected to grow over the forecast
period majorly due to rapid technological advancements and cost-effective
performance analytics solutions for small scale as well as medium scale
businesses.
Intended Audience
- Manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Software Vendors
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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