Market Overview:
The global performance analytics market is expected to grow at a CAGR of 16.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for big data and advanced analytics solutions, growing need for real-time insights, and rising focus on customer experience. By type, predictive analytics is expected to hold the largest share of the global performance analytics market in 2018. By application, BFSI is expected to account for the largest share of the global performance analytics market in 2018.
Product Definition:
Performance analytics is the process of analyzing data to identify and improve the performance of business processes. The importance of performance analytics is that it can help organizations identify inefficiencies and optimize their operations.
Predictive Analytics:
Predictive analytics is a branch of statistics that uses historical data to predict future results based on certain rules and formulas. The main objective of this technique is to use past events for predicting future ones with greater accuracy. It helps in identifying patterns from the historical data and utilize those insights to forecast future trends.
Prescriptive Analytics:
Prescriptive analytics is a branch of statistics that aims at forecasting future trends by using current data. It uses various models and algorithms to analyze past performance and predict future results with the use of certain formulas. Prescriptive analytics has gained popularity in recent years due to its ability to forecast market growth, sales, demand, etc., based on historical data.
Application Insights:
The manufacturing sector is expected to emerge as the fastest-growing segment over the forecast period. This growth can be attributed to increasing use of predictive and prescriptive analytics in various operations within the industry, such as production planning, capacity management, and asset optimization. The telecommunications & IT sector is also expected to witness significant growth over the forecast period owing to growing demand for performance solutions from this industry. In addition, telecom companies are making investments in big data analytics capabilities due to increased revenue opportunities offered by digitalization trends across all sectors of economy.
The retail & e-commerce segment accounted for more than 20% share on account of growing penetration of advanced analytics platforms with a wide range of applications across all functions within an organization involved in marketing and sales activities including product discovery through search engine optimization or storefronts; recommendations based on past purchase trends; cross-channel campaigns management; forecasting consumer behavior patterns through analysis of transaction data from different channels (online/offline); etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing investments in R&D and adoption of advanced technologies across various sectors including manufacturing, healthcare, IT and telecom, retail among others.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increased spending on infrastructure development coupled with growing demand for analytics-based solutions from several end-user industries such as construction and engineering, healthcare among others. Moreover rising number of start-ups offering innovative performance analytics solutions in countries such as China & India will further boost growth during the forecast years to come.
Growth Factors:
- Increasing demand for big data and performance analytics solutions to drive the growth of the market.
- The advent of cloud-based services is expected to fuel the growth of the market in the coming years.
- Rising demand for real-time performance analytics is another major factor that is expected to propel the growth of this market in future.
- Growing popularity of self-service BI and big data platforms among enterprises is also anticipated to boost the demand for performance analytics solutions over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Performance Analytics Market Research Report
By Type
Predictive Analytics, Prescriptive Analytics, Descriptive Analytics
By Application
BFSI, Telecommunications and IT, Retail and E-commerce, Government and Defense, Healthcare, Manufacturing, Energy and Utilities, Construction and Engineering, Others
By Companies
IBM, SAP, SAS Institute, Oracle, Siemens, Adaptive Insights, Xactly, Optymyze, Servicenow, Callidus Software
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Performance Analytics Market Report Segments:
The global Performance Analytics market is segmented on the basis of:
Types
Predictive Analytics, Prescriptive Analytics, Descriptive Analytics
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, Telecommunications and IT, Retail and E-commerce, Government and Defense, Healthcare, Manufacturing, Energy and Utilities, Construction and Engineering, 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
- SAP
- SAS Institute
- Oracle
- Siemens
- Adaptive Insights
- Xactly
- Optymyze
- Servicenow
- Callidus Software
Highlights of The Performance Analytics 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 Analytics
- Prescriptive Analytics
- Descriptive Analytics
- By Application:
- BFSI
- Telecommunications and IT
- Retail and E-commerce
- Government and Defense
- Healthcare
- Manufacturing
- Energy and Utilities
- Construction and Engineering
- 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 Performance Analytics 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?
Performance analytics is a way to measure and analyze the performance of an organizationu2019s systems and applications. This information can help identify areas where improvements can be made, as well as provide insights into how users are using the system. Performance analytics also allows for real-time monitoring of system performance so that issues can be addressed quickly.
Some of the major companies in the performance analytics market are IBM, SAP, SAS Institute, Oracle, Siemens, Adaptive Insights, Xactly, Optymyze, Servicenow, Callidus Software.
The performance analytics market is expected to register a CAGR of 16.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Performance Analytics 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 Performance Analytics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Performance Analytics 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 Performance Analytics 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 Performance Analytics Market Size & Forecast, 2018-2028
4.5.1 Performance Analytics Market Size and Y-o-Y Growth
4.5.2 Performance Analytics Market Absolute $ Opportunity
Chapter 5 Global Performance Analytics 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 Performance Analytics Market Size Forecast by Type
5.2.1 Predictive Analytics
5.2.2 Prescriptive Analytics
5.2.3 Descriptive Analytics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Performance Analytics 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 Performance Analytics Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Telecommunications and IT
6.2.3 Retail and E-commerce
6.2.4 Government and Defense
6.2.5 Healthcare
6.2.6 Manufacturing
6.2.7 Energy and Utilities
6.2.8 Construction and Engineering
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Performance Analytics 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 Performance Analytics 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 Performance Analytics Analysis and Forecast
9.1 Introduction
9.2 North America Performance Analytics 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 Performance Analytics Market Size Forecast by Type
9.6.1 Predictive Analytics
9.6.2 Prescriptive Analytics
9.6.3 Descriptive Analytics
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 Performance Analytics Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Telecommunications and IT
9.10.3 Retail and E-commerce
9.10.4 Government and Defense
9.10.5 Healthcare
9.10.6 Manufacturing
9.10.7 Energy and Utilities
9.10.8 Construction and Engineering
9.10.9 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 Performance Analytics Analysis and Forecast
10.1 Introduction
10.2 Europe Performance Analytics 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 Performance Analytics Market Size Forecast by Type
10.6.1 Predictive Analytics
10.6.2 Prescriptive Analytics
10.6.3 Descriptive Analytics
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 Performance Analytics Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Telecommunications and IT
10.10.3 Retail and E-commerce
10.10.4 Government and Defense
10.10.5 Healthcare
10.10.6 Manufacturing
10.10.7 Energy and Utilities
10.10.8 Construction and Engineering
10.10.9 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 Performance Analytics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Performance Analytics 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 Performance Analytics Market Size Forecast by Type
11.6.1 Predictive Analytics
11.6.2 Prescriptive Analytics
11.6.3 Descriptive Analytics
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 Performance Analytics Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Telecommunications and IT
11.10.3 Retail and E-commerce
11.10.4 Government and Defense
11.10.5 Healthcare
11.10.6 Manufacturing
11.10.7 Energy and Utilities
11.10.8 Construction and Engineering
11.10.9 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 Performance Analytics Analysis and Forecast
12.1 Introduction
12.2 Latin America Performance Analytics 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 Performance Analytics Market Size Forecast by Type
12.6.1 Predictive Analytics
12.6.2 Prescriptive Analytics
12.6.3 Descriptive Analytics
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 Performance Analytics Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Telecommunications and IT
12.10.3 Retail and E-commerce
12.10.4 Government and Defense
12.10.5 Healthcare
12.10.6 Manufacturing
12.10.7 Energy and Utilities
12.10.8 Construction and Engineering
12.10.9 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) Performance Analytics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Performance Analytics 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) Performance Analytics Market Size Forecast by Type
13.6.1 Predictive Analytics
13.6.2 Prescriptive Analytics
13.6.3 Descriptive Analytics
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) Performance Analytics Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Telecommunications and IT
13.10.3 Retail and E-commerce
13.10.4 Government and Defense
13.10.5 Healthcare
13.10.6 Manufacturing
13.10.7 Energy and Utilities
13.10.8 Construction and Engineering
13.10.9 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 Performance Analytics Market: Competitive Dashboard
14.2 Global Performance Analytics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 SAP
14.3.3 SAS Institute
14.3.4 Oracle
14.3.5 Siemens
14.3.6 Adaptive Insights
14.3.7 Xactly
14.3.8 Optymyze
14.3.9 Servicenow
14.3.10 Callidus Software
