Global Operational Analytics Industry

NEW YORK, Nov. 20, 2019 /PRNewswire/ -- Operational Analytics market worldwide is projected to grow by US$15.2 Billion, driven by a compounded growth of 19.1%. Software, one of the segments analyzed and sized in this study, displays the potential to grow at over 18.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$15.7 Billion by the year 2025, Software will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 20.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$581.5 Million to the region's size and clout in the next 5 to 6 years. Over US$727.9 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Software will reach a market size of US$1.1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 18.8% over the next couple of years and add approximately US$2.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others, Alteryx, Inc.; Bentley Systems, Inc.; Cloudera, Inc.; ContinuitySoftware; Evolven Software ; GAVS Technologies N.A., Inc; Hewlett Packard Enterprise Development LP (HPE); IBM Corporation; Microsoft Corporation; Oracle Corporation; SAP SE; SAS Institute, Inc.; Splunk, Inc.
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