(Telecom-NewsWire.Net, October 11, 2018 ) At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of the latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the Global Operational Analytics Market was valued at USD 5.35 billion in 2017 and is projected to reach USD 21.25 billion by 2025, growing at a CAGR of 18.8% from 2018 to 2025.
Operational analytics is an application which is used by the professionals pursuing business analytics. It is based on data mining and data aggregation tools to compile a transparent data that can help in keeping track of the analysis and processes being conducted on a daily basis. Various big data analytics influenced companies are now adopting operational analytics for a faster response to improve their customer outreach and analyze their operational data in real-time.
The emergence of big data analytics and Internet of Things (IoT) in the industries and resulting into increase in developing more efficient operational analytics integrated with various business analytics tools has been driving the market while a change in organizational formats might hamper the growth rate of the global operations analytics market.
The “Global Operational Analytics Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as IBM, Microsoft Corporation, Cisco Systems, HP Enterprise Company, Google Inc., Oracle Corporation, SAP SE and SAS Institute Inc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the “Global Operational Analytics Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global Operational Analytics Market can be categorized into five sections; type, function, application, deployment mode and vertical. This market study analyses the industry for operation analytics based on these divisions. The operational analytics types are divided into software and services. The industry is then sectioned by an application which includes predictive asset maintenance, risk management, fraud detection, supply chain management customer management and others. The industry is also divided into the function which includes information technology, finance, marketing, sales, human resources and others. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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