Market Overview:
The global insight engines market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for predictive, prescriptive, and descriptive insights across different industries. The BFSI sector is expected to account for the largest share of the global insight engines market in 2018. This is due to the increasing demand for real-time insights from banks and other financial institutions in order to make better decisions and improve their performance. The retail and e-commerce sector is also expected to witness significant growth during the forecast period, owing to the increasing demand for personalized recommendations and targeted marketing campaigns.
Product Definition:
Insight engines are used to derive meaning and insights from unstructured data. They can be used to analyze text, social media, and other big data sources. Insight engines are important because they can help organizations make better decisions by providing insights into customer behavior, competitive analysis, and other areas.
Predictive Insights:
Predictive Insights is a set of rules and statistical models that are used to generate insights from data. It helps in the prediction of future trends from collected data by using various techniques such as Regression Analysis, Neural Network, Data Mining and others. The main function performed by predictive insights is to help companies make better decisions for their growth & success factors.
Prescriptive Insights:
Prescriptive insights is a technology that extracts business and consumer insights from social media. It uses natural language processing to analyze the content posted on various social media platforms. Prescriptive insights helps businesses in understanding consumer behavior, brand perception, and customer needs by analyzing their posts.
It also helps brands in gauging the effectiveness of their advertising campaigns by tracking changes in consumers’ emotional states over time using these platforms as a medium to collect data.
Application Insights:
The manufacturing segment dominated the global insights engines market in terms of revenue share in 2017. The growth can be attributed to increasing adoption of AI platforms by manufacturers for developing new products and services. For instance, General Motors uses an AI platform developed by Microsoft for its self-driving cars to understand the surroundings better and avoid accidents. Similarly, Amazon uses an AI platform developed by Google Cloud Platform for its cloud business.
The retail & e-commerce segment is expected to grow at a significant rate over the forecast period owing to increasing penetration of internet portals such as Flipkart, Amazon India, Paytm Mall among others which offer customers a wide range of product offerings along with their desired specifications through data analytics applied on large volumes of data collected from various sources such as sales channels and suppliers across different verticals (catalogs/warehouses/distribution networks).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a notable increase in demand for predictive insights engines and a steady growth rate for prescriptive insights engines. This can be attributed to advancements made by companies operating within the region, which has led them to adopt advanced technologies such as big data analytics and advanced analytics at an early stage.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing investments by leading players along with growing adoption of big data analytics solutions across various industries within this region. Moreover, rising awareness regarding emerging technologies such as artificial intelligence (AI) among consumers will drive regional market growth during the forecast period.
Growth Factors:
- Increasing demand for big data and analytics services
- Proliferation of data-driven applications and services
- Growing demand for semantic search and analytics
- Emergence of new platforms and technologies
- Rising number of online users
Scope Of The Report
Report Attributes
Report Details
Report Title
Insight Engines Market Research Report
By Type
Predictive Insights, Prescriptive Insights, Descriptive Insights
By Application
BFSI, Retail and E-commerce, Manufacturing, Government, Healthcare, Energy and Utilities, Others
By Companies
IBM, Microsoft, Oracle, Attivio, Sinequa, Coveo, Celonis, Funnelback, Intrafind, Lucidworks, Insight Engines, Mindbreeze, Squirro, HPE, Expert System, Dassault Systemes, Veritone, Smartlogic, Ba Insight, Forwardlane, Cognitivescale, Comintelli, Activeviam, Lattice Engines, Prevedere
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Insight Engines Market Report Segments:
The global Insight Engines market is segmented on the basis of:
Types
Predictive Insights, Prescriptive Insights, Descriptive Insights
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Retail and E-commerce, Manufacturing, Government, Healthcare, Energy and Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Microsoft
- Oracle
- Attivio
- Sinequa
- Coveo
- Celonis
- Funnelback
- Intrafind
- Lucidworks
- Insight Engines
- Mindbreeze
- Squirro
- HPE
- Expert System
- Dassault Systemes
- Veritone
- Smartlogic
- Ba Insight
- Forwardlane
- Cognitivescale
- Comintelli
- Activeviam
- Lattice Engines
- Prevedere
Highlights of The Insight Engines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Predictive Insights
- Prescriptive Insights
- Descriptive Insights
- By Application:
- BFSI
- Retail and E-commerce
- Manufacturing
- Government
- Healthcare
- Energy and Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Insight Engines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Insight Engines is a data-driven marketing company that uses artificial intelligence to help businesses target and reach their customers more effectively. The company's software analyzes customer data to identify trends and patterns, helping businesses create targeted ads and campaigns.
Some of the key players operating in the insight engines market are IBM, Microsoft, Oracle, Attivio, Sinequa, Coveo, Celonis, Funnelback, Intrafind, Lucidworks, Insight Engines, Mindbreeze, Squirro, HPE, Expert System, Dassault Systemes, Veritone, Smartlogic, Ba Insight, Forwardlane, Cognitivescale, Comintelli, Activeviam, Lattice Engines, Prevedere.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Insight Engines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Insight Engines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insight Engines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Insight Engines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Insight Engines Market Size & Forecast, 2018-2028
4.5.1 Insight Engines Market Size and Y-o-Y Growth
4.5.2 Insight Engines Market Absolute $ Opportunity
Chapter 5 Global Insight Engines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Insight Engines Market Size Forecast by Type
5.2.1 Predictive Insights
5.2.2 Prescriptive Insights
5.2.3 Descriptive Insights
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Insight Engines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Insight Engines Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Retail and E-commerce
6.2.3 Manufacturing
6.2.4 Government
6.2.5 Healthcare
6.2.6 Energy and Utilities
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insight Engines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Insight Engines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Insight Engines Analysis and Forecast
9.1 Introduction
9.2 North America Insight Engines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Insight Engines Market Size Forecast by Type
9.6.1 Predictive Insights
9.6.2 Prescriptive Insights
9.6.3 Descriptive Insights
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Insight Engines Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Retail and E-commerce
9.10.3 Manufacturing
9.10.4 Government
9.10.5 Healthcare
9.10.6 Energy and Utilities
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Insight Engines Analysis and Forecast
10.1 Introduction
10.2 Europe Insight Engines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Insight Engines Market Size Forecast by Type
10.6.1 Predictive Insights
10.6.2 Prescriptive Insights
10.6.3 Descriptive Insights
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Insight Engines Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Retail and E-commerce
10.10.3 Manufacturing
10.10.4 Government
10.10.5 Healthcare
10.10.6 Energy and Utilities
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Insight Engines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Insight Engines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Insight Engines Market Size Forecast by Type
11.6.1 Predictive Insights
11.6.2 Prescriptive Insights
11.6.3 Descriptive Insights
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Insight Engines Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Retail and E-commerce
11.10.3 Manufacturing
11.10.4 Government
11.10.5 Healthcare
11.10.6 Energy and Utilities
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Insight Engines Analysis and Forecast
12.1 Introduction
12.2 Latin America Insight Engines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Insight Engines Market Size Forecast by Type
12.6.1 Predictive Insights
12.6.2 Prescriptive Insights
12.6.3 Descriptive Insights
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Insight Engines Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Retail and E-commerce
12.10.3 Manufacturing
12.10.4 Government
12.10.5 Healthcare
12.10.6 Energy and Utilities
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Insight Engines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Insight Engines Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Insight Engines Market Size Forecast by Type
13.6.1 Predictive Insights
13.6.2 Prescriptive Insights
13.6.3 Descriptive Insights
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Insight Engines Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Retail and E-commerce
13.10.3 Manufacturing
13.10.4 Government
13.10.5 Healthcare
13.10.6 Energy and Utilities
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Insight Engines Market: Competitive Dashboard
14.2 Global Insight Engines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Microsoft
14.3.3 Oracle
14.3.4 Attivio
14.3.5 Sinequa
14.3.6 Coveo
14.3.7 Celonis
14.3.8 Funnelback
14.3.9 Intrafind
14.3.10 Lucidworks
14.3.11 Insight Engines
14.3.12 Mindbreeze
14.3.13 Squirro
14.3.14 HPE
14.3.15 Expert System
14.3.16 Dassault Systemes
14.3.17 Veritone
14.3.18 Smartlogic
14.3.19 Ba Insight
14.3.20 Forwardlane
14.3.21 Cognitivescale
14.3.22 Comintelli
14.3.23 Activeviam
14.3.24 Lattice Engines
14.3.25 Prevedere
