Performance Analytics Market Strategic Insights 2021-2031
The Performance Analytics Market is expected to register a CAGR of 20.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented based on Component (Software, Services), Application (Financial Performance, Sales and Marketing Performance, IT Operations Performance, Supply Chain, Performance, Employee Performance, Others), Deployment type (Cloud, On Premises) and Analytics Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics). The global analysis is further broken down at the regional level and major countries.
Purpose of the ReportThe report Performance Analytics Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Performance Analytics Market Segmentation
Component- Software
- Services
- Financial Performance
- Sales and Marketing Performance
- IT Operations Performance
- Supply Chain
- Performance
- Employee Performance
- Others
- Cloud
- On Premises
- Predictive Analytics
- Prescriptive Analytics
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
- Descriptive Analytics
Strategic Insights
Performance Analytics Market Growth Drivers- Increasing Data Volume: The exponential growth of data generated by businesses provides a rich source for analysis and insights.
- Demand for Data-Driven Decision Making: Organizations are increasingly relying on data to inform strategic decisions and optimize operations.
- Advancements in Analytics Technologies: The development of advanced analytics tools and techniques, such as AI and machine learning, is driving market growth.
- AI-Powered Predictive Analytics: AI algorithms will enable predictive analytics, allowing organizations to anticipate future trends and make proactive decisions.
- Real-Time Analytics: Real-time analytics will provide immediate insights into business performance, enabling faster response times to changing conditions.
- Integration with IoT: Integrating performance analytics with IoT data will provide a comprehensive view of operational performance.
- Customer Experience Optimization: Analyzing customer data can help businesses identify areas for improvement and enhance customer satisfaction.
- Operational Efficiency: By identifying bottlenecks and inefficiencies, organizations can optimize their operations and reduce costs.
- Risk Management: Performance analytics can help identify and mitigate risks, protecting the organization's bottom line.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Performance Analytics Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Performance Analytics Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The leading players in the Performance Analytics Market are: IBM, Optymyze, Oracle, Prophix Software, Inc., Raytheon Technologies Corporation, SAP SE, SAS Institute Inc., ServiceNow, Siemens AG, Xactly Corporation
The future trends of the Performance Analytics Market are: Automated Insights, Customer Journey Analytics
Performance Analytics Market is expected to grow at a CAGR of 20.5% between 2023-2031
The driving factors impacting the Performance Analytics Market are: Real-time Data Processing, Real-time Data Processing, Growing Pressure Towards Operational Efficiency and Cost Reduction, Resource Optimization
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Performance Analytics Market - By Component
1.3.2 Performance Analytics Market - By Application
1.3.3 Performance Analytics Market - By Deployment Type
1.3.4 Performance Analytics Market - By Analytics Type
1.3.5 Performance Analytics Market - By End-user
1.3.6 Performance Analytics Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PERFORMANCE ANALYTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PERFORMANCE ANALYTICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PERFORMANCE ANALYTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. PERFORMANCE ANALYTICS - GLOBAL MARKET OVERVIEW
6.2. PERFORMANCE ANALYTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PERFORMANCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. PERFORMANCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FINANCIAL PERFORMANCE
8.3.1. Overview
8.3.2. Financial Performance Market Forecast and Analysis
8.4. SALES AND MARKETING PERFORMANCE
8.4.1. Overview
8.4.2. Sales and Marketing Performance Market Forecast and Analysis
8.5. IT OPERATIONS PERFORMANCE
8.5.1. Overview
8.5.2. IT Operations Performance Market Forecast and Analysis
8.6. SUPPLY CHAIN PERFORMANCE
8.6.1. Overview
8.6.2. Supply Chain Performance Market Forecast and Analysis
8.7. EMPLOYEE PERFORMANCE
8.7.1. Overview
8.7.2. Employee Performance Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. PERFORMANCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
9.1. OVERVIEW
9.2. DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
9.3. CLOUD
9.3.1. Overview
9.3.2. Cloud Market Forecast and Analysis
9.4. ON-PREMISES
9.4.1. Overview
9.4.2. On-premises Market Forecast and Analysis
10. PERFORMANCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - ANALYTICS TYPE
10.1. OVERVIEW
10.2. ANALYTICS TYPE MARKET FORECASTS AND ANALYSIS
10.3. PREDICTIVE ANALYTICS
10.3.1. Overview
10.3.2. Predictive Analytics Market Forecast and Analysis
10.4. PRESCRIPTIVE ANALYTICS
10.4.1. Overview
10.4.2. Prescriptive Analytics Market Forecast and Analysis
10.5. DESCRIPTIVE ANALYTICS
10.5.1. Overview
10.5.2. Descriptive Analytics Market Forecast and Analysis
11. PERFORMANCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
11.1. OVERVIEW
11.2. END-USER MARKET FORECASTS AND ANALYSIS
11.3. BFSI
11.3.1. Overview
11.3.2. BFSI Market Forecast and Analysis
11.4. IT AND TELECOM
11.4.1. Overview
11.4.2. IT and Telecom Market Forecast and Analysis
11.5. RETAIL AND ECOMMERCE
11.5.1. Overview
11.5.2. Retail and Ecommerce Market Forecast and Analysis
11.6. GOVERNMENT
11.6.1. Overview
11.6.2. Government Market Forecast and Analysis
11.7. HEALTHCARE
11.7.1. Overview
11.7.2. Healthcare Market Forecast and Analysis
11.8. MANUFACTURING
11.8.1. Overview
11.8.2. Manufacturing Market Forecast and Analysis
11.9. ENERGY AND UTILITIES
11.9.1. Overview
11.9.2. Energy and Utilities Market Forecast and Analysis
11.10. OTHERS
11.10.1. Overview
11.10.2. Others Market Forecast and Analysis
12. PERFORMANCE ANALYTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Performance Analytics Market Overview
12.1.2 North America Performance Analytics Market Forecasts and Analysis
12.1.3 North America Performance Analytics Market Forecasts and Analysis - By Component
12.1.4 North America Performance Analytics Market Forecasts and Analysis - By Application
12.1.5 North America Performance Analytics Market Forecasts and Analysis - By Deployment Type
12.1.6 North America Performance Analytics Market Forecasts and Analysis - By Analytics Type
12.1.7 North America Performance Analytics Market Forecasts and Analysis - By End-user
12.1.8 North America Performance Analytics Market Forecasts and Analysis - By Countries
12.1.8.1 United States Performance Analytics Market
12.1.8.1.1 United States Performance Analytics Market by Component
12.1.8.1.2 United States Performance Analytics Market by Application
12.1.8.1.3 United States Performance Analytics Market by Deployment Type
12.1.8.1.4 United States Performance Analytics Market by Analytics Type
12.1.8.1.5 United States Performance Analytics Market by End-user
12.1.8.2 Canada Performance Analytics Market
12.1.8.2.1 Canada Performance Analytics Market by Component
12.1.8.2.2 Canada Performance Analytics Market by Application
12.1.8.2.3 Canada Performance Analytics Market by Deployment Type
12.1.8.2.4 Canada Performance Analytics Market by Analytics Type
12.1.8.2.5 Canada Performance Analytics Market by End-user
12.1.8.3 Mexico Performance Analytics Market
12.1.8.3.1 Mexico Performance Analytics Market by Component
12.1.8.3.2 Mexico Performance Analytics Market by Application
12.1.8.3.3 Mexico Performance Analytics Market by Deployment Type
12.1.8.3.4 Mexico Performance Analytics Market by Analytics Type
12.1.8.3.5 Mexico Performance Analytics Market by End-user
12.2. EUROPE
12.2.1 Europe Performance Analytics Market Overview
12.2.2 Europe Performance Analytics Market Forecasts and Analysis
12.2.3 Europe Performance Analytics Market Forecasts and Analysis - By Component
12.2.4 Europe Performance Analytics Market Forecasts and Analysis - By Application
12.2.5 Europe Performance Analytics Market Forecasts and Analysis - By Deployment Type
12.2.6 Europe Performance Analytics Market Forecasts and Analysis - By Analytics Type
12.2.7 Europe Performance Analytics Market Forecasts and Analysis - By End-user
12.2.8 Europe Performance Analytics Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Performance Analytics Market
12.2.8.1.1 Germany Performance Analytics Market by Component
12.2.8.1.2 Germany Performance Analytics Market by Application
12.2.8.1.3 Germany Performance Analytics Market by Deployment Type
12.2.8.1.4 Germany Performance Analytics Market by Analytics Type
12.2.8.1.5 Germany Performance Analytics Market by End-user
12.2.8.2 France Performance Analytics Market
12.2.8.2.1 France Performance Analytics Market by Component
12.2.8.2.2 France Performance Analytics Market by Application
12.2.8.2.3 France Performance Analytics Market by Deployment Type
12.2.8.2.4 France Performance Analytics Market by Analytics Type
12.2.8.2.5 France Performance Analytics Market by End-user
12.2.8.3 Italy Performance Analytics Market
12.2.8.3.1 Italy Performance Analytics Market by Component
12.2.8.3.2 Italy Performance Analytics Market by Application
12.2.8.3.3 Italy Performance Analytics Market by Deployment Type
12.2.8.3.4 Italy Performance Analytics Market by Analytics Type
12.2.8.3.5 Italy Performance Analytics Market by End-user
12.2.8.4 United Kingdom Performance Analytics Market
12.2.8.4.1 United Kingdom Performance Analytics Market by Component
12.2.8.4.2 United Kingdom Performance Analytics Market by Application
12.2.8.4.3 United Kingdom Performance Analytics Market by Deployment Type
12.2.8.4.4 United Kingdom Performance Analytics Market by Analytics Type
12.2.8.4.5 United Kingdom Performance Analytics Market by End-user
12.2.8.5 Russia Performance Analytics Market
12.2.8.5.1 Russia Performance Analytics Market by Component
12.2.8.5.2 Russia Performance Analytics Market by Application
12.2.8.5.3 Russia Performance Analytics Market by Deployment Type
12.2.8.5.4 Russia Performance Analytics Market by Analytics Type
12.2.8.5.5 Russia Performance Analytics Market by End-user
12.2.8.6 Rest of Europe Performance Analytics Market
12.2.8.6.1 Rest of Europe Performance Analytics Market by Component
12.2.8.6.2 Rest of Europe Performance Analytics Market by Application
12.2.8.6.3 Rest of Europe Performance Analytics Market by Deployment Type
12.2.8.6.4 Rest of Europe Performance Analytics Market by Analytics Type
12.2.8.6.5 Rest of Europe Performance Analytics Market by End-user
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Performance Analytics Market Overview
12.3.2 Asia-Pacific Performance Analytics Market Forecasts and Analysis
12.3.3 Asia-Pacific Performance Analytics Market Forecasts and Analysis - By Component
12.3.4 Asia-Pacific Performance Analytics Market Forecasts and Analysis - By Application
12.3.5 Asia-Pacific Performance Analytics Market Forecasts and Analysis - By Deployment Type
12.3.6 Asia-Pacific Performance Analytics Market Forecasts and Analysis - By Analytics Type
12.3.7 Asia-Pacific Performance Analytics Market Forecasts and Analysis - By End-user
12.3.8 Asia-Pacific Performance Analytics Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Performance Analytics Market
12.3.8.1.1 Australia Performance Analytics Market by Component
12.3.8.1.2 Australia Performance Analytics Market by Application
12.3.8.1.3 Australia Performance Analytics Market by Deployment Type
12.3.8.1.4 Australia Performance Analytics Market by Analytics Type
12.3.8.1.5 Australia Performance Analytics Market by End-user
12.3.8.2 China Performance Analytics Market
12.3.8.2.1 China Performance Analytics Market by Component
12.3.8.2.2 China Performance Analytics Market by Application
12.3.8.2.3 China Performance Analytics Market by Deployment Type
12.3.8.2.4 China Performance Analytics Market by Analytics Type
12.3.8.2.5 China Performance Analytics Market by End-user
12.3.8.3 India Performance Analytics Market
12.3.8.3.1 India Performance Analytics Market by Component
12.3.8.3.2 India Performance Analytics Market by Application
12.3.8.3.3 India Performance Analytics Market by Deployment Type
12.3.8.3.4 India Performance Analytics Market by Analytics Type
12.3.8.3.5 India Performance Analytics Market by End-user
12.3.8.4 Japan Performance Analytics Market
12.3.8.4.1 Japan Performance Analytics Market by Component
12.3.8.4.2 Japan Performance Analytics Market by Application
12.3.8.4.3 Japan Performance Analytics Market by Deployment Type
12.3.8.4.4 Japan Performance Analytics Market by Analytics Type
12.3.8.4.5 Japan Performance Analytics Market by End-user
12.3.8.5 South Korea Performance Analytics Market
12.3.8.5.1 South Korea Performance Analytics Market by Component
12.3.8.5.2 South Korea Performance Analytics Market by Application
12.3.8.5.3 South Korea Performance Analytics Market by Deployment Type
12.3.8.5.4 South Korea Performance Analytics Market by Analytics Type
12.3.8.5.5 South Korea Performance Analytics Market by End-user
12.3.8.6 Rest of Asia-Pacific Performance Analytics Market
12.3.8.6.1 Rest of Asia-Pacific Performance Analytics Market by Component
12.3.8.6.2 Rest of Asia-Pacific Performance Analytics Market by Application
12.3.8.6.3 Rest of Asia-Pacific Performance Analytics Market by Deployment Type
12.3.8.6.4 Rest of Asia-Pacific Performance Analytics Market by Analytics Type
12.3.8.6.5 Rest of Asia-Pacific Performance Analytics Market by End-user
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Performance Analytics Market Overview
12.4.2 Middle East and Africa Performance Analytics Market Forecasts and Analysis
12.4.3 Middle East and Africa Performance Analytics Market Forecasts and Analysis - By Component
12.4.4 Middle East and Africa Performance Analytics Market Forecasts and Analysis - By Application
12.4.5 Middle East and Africa Performance Analytics Market Forecasts and Analysis - By Deployment Type
12.4.6 Middle East and Africa Performance Analytics Market Forecasts and Analysis - By Analytics Type
12.4.7 Middle East and Africa Performance Analytics Market Forecasts and Analysis - By End-user
12.4.8 Middle East and Africa Performance Analytics Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Performance Analytics Market
12.4.8.1.1 South Africa Performance Analytics Market by Component
12.4.8.1.2 South Africa Performance Analytics Market by Application
12.4.8.1.3 South Africa Performance Analytics Market by Deployment Type
12.4.8.1.4 South Africa Performance Analytics Market by Analytics Type
12.4.8.1.5 South Africa Performance Analytics Market by End-user
12.4.8.2 Saudi Arabia Performance Analytics Market
12.4.8.2.1 Saudi Arabia Performance Analytics Market by Component
12.4.8.2.2 Saudi Arabia Performance Analytics Market by Application
12.4.8.2.3 Saudi Arabia Performance Analytics Market by Deployment Type
12.4.8.2.4 Saudi Arabia Performance Analytics Market by Analytics Type
12.4.8.2.5 Saudi Arabia Performance Analytics Market by End-user
12.4.8.3 U.A.E Performance Analytics Market
12.4.8.3.1 U.A.E Performance Analytics Market by Component
12.4.8.3.2 U.A.E Performance Analytics Market by Application
12.4.8.3.3 U.A.E Performance Analytics Market by Deployment Type
12.4.8.3.4 U.A.E Performance Analytics Market by Analytics Type
12.4.8.3.5 U.A.E Performance Analytics Market by End-user
12.4.8.4 Rest of Middle East and Africa Performance Analytics Market
12.4.8.4.1 Rest of Middle East and Africa Performance Analytics Market by Component
12.4.8.4.2 Rest of Middle East and Africa Performance Analytics Market by Application
12.4.8.4.3 Rest of Middle East and Africa Performance Analytics Market by Deployment Type
12.4.8.4.4 Rest of Middle East and Africa Performance Analytics Market by Analytics Type
12.4.8.4.5 Rest of Middle East and Africa Performance Analytics Market by End-user
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Performance Analytics Market Overview
12.5.2 South and Central America Performance Analytics Market Forecasts and Analysis
12.5.3 South and Central America Performance Analytics Market Forecasts and Analysis - By Component
12.5.4 South and Central America Performance Analytics Market Forecasts and Analysis - By Application
12.5.5 South and Central America Performance Analytics Market Forecasts and Analysis - By Deployment Type
12.5.6 South and Central America Performance Analytics Market Forecasts and Analysis - By Analytics Type
12.5.7 South and Central America Performance Analytics Market Forecasts and Analysis - By End-user
12.5.8 South and Central America Performance Analytics Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Performance Analytics Market
12.5.8.1.1 Brazil Performance Analytics Market by Component
12.5.8.1.2 Brazil Performance Analytics Market by Application
12.5.8.1.3 Brazil Performance Analytics Market by Deployment Type
12.5.8.1.4 Brazil Performance Analytics Market by Analytics Type
12.5.8.1.5 Brazil Performance Analytics Market by End-user
12.5.8.2 Argentina Performance Analytics Market
12.5.8.2.1 Argentina Performance Analytics Market by Component
12.5.8.2.2 Argentina Performance Analytics Market by Application
12.5.8.2.3 Argentina Performance Analytics Market by Deployment Type
12.5.8.2.4 Argentina Performance Analytics Market by Analytics Type
12.5.8.2.5 Argentina Performance Analytics Market by End-user
12.5.8.3 Rest of South and Central America Performance Analytics Market
12.5.8.3.1 Rest of South and Central America Performance Analytics Market by Component
12.5.8.3.2 Rest of South and Central America Performance Analytics Market by Application
12.5.8.3.3 Rest of South and Central America Performance Analytics Market by Deployment Type
12.5.8.3.4 Rest of South and Central America Performance Analytics Market by Analytics Type
12.5.8.3.5 Rest of South and Central America Performance Analytics Market by End-user
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. PERFORMANCE ANALYTICS MARKET, KEY COMPANY PROFILES
14.1. IBM
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. OPTYMYZE
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. ORACLE
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. PROPHIX SOFTWARE, INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. RAYTHEON TECHNOLOGIES CORPORATION
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. SAP SE
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. SAS INSTITUTE INC.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SERVICENOW
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SIEMENS AG
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. XACTLY CORPORATION
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1.IBM
2.Optymyze
3.Oracle
4.Prophix Software, Inc.
5.Raytheon Technologies Corporation
6.SAP SE
7.SAS Institute Inc.
8.ServiceNow
9.Siemens AG
10.Xactly Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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