A recent report published by
Infinium Global Research on the industrial operational intelligence solution market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional industrial operational intelligence solution market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional industrial operational intelligence solution market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of the global industrial operational
intelligence solution market. According to the report, the global industrial
operational intelligence solution market is projected to grow at a CAGR of
11.2% over the forecast period of 2019-2025.
Industrial
operational intelligence solutions provide companies with real-time business
analytics solutions. It helps to improve the overall performance of the
organizations. It is simple and easy to manage by skilled professionals. It
helps to automate the decision-making process which eliminates delays in the process
and improves market responses.
The rising
demand for accessing the business processes in the real-time and growing use of IoT
in industries promotes increased productivity and efficiency will augment the
growth of the industrial operational intelligence solution market. Moreover, an
increasing number of internet users and data communication devices led to the
expansion of the market. A study suggests that in 2017, there were around 3.9
billion internet users globally. Further, the increasing adoption of smart
manufacturing by the automotive industry propels the expansion of the
industrial operational intelligence solution market. The industrial operational
intelligence solution market is highly influenced by the rising number of
technical innovations and digital transformation in various industries
globally. In addition, the surge in the use of industrial operational
intelligence solutions to improve business performance led the market growth.
Industrial operational intelligence solutions make optimum use of resources and
reduce delivery time. However, the high cost of industrial operational
intelligence solutions hinders the growth of the industrial operational
intelligence solution market. Moreover, the increasing amount of data in
healthcare, automotive, and oil and gas industries creates numerous
opportunities for the market in the coming years.
North
America is expected to hold a premium share in the global industrial operational
intelligence solution market owing to the rising adoption of operational
intelligence tools and focus on overall process efficiency improvement. Europe
is expected to grow with a healthy CAGR over the forecast period. The growth in
Europe is attributed to the increasing adoption of operationally intelligence
tools in improving overall process efficiency. Asia-Pacific region has fruitful
opportunities in the global industrial operational intelligence solution
market. Growing digitalization and surge in the number of internet users in the
Asia-Pacific region led to the expansion of the industrial operational
intelligence solution market in the Asia-Pacific region. It is estimated that
in 2017 China had the biggest online population with 829 million users.
The report on the global industrial
operational intelligence solution market covers segments such as type,
deployment type, and end-use. On the basis of type, the sub-markets include
enterprise manufacturing operational intelligence, enterprise operational
intelligence software, and other types. On the basis of deployment type, the
sub-markets include cloud-based operational intelligent systems, hybrid
operational intelligent systems, and on-premise operational intelligent
systems. On the basis of end-use, the sub-markets include IT and
telecommunication, retail industry, travel and financial industry, healthcare
industry, and other end-uses.
The report provides profiles of
the companies in the market such as Siemens AG, Bentley Systems, Inc., Feedzai
Inc., Vitria Technology, Inc., Rockwell Automation, Inc., Apriso Corporation,
Intelligent InSites, Inc., Kofax Inc., Guavus Inc., Starview Inc., and other
companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of industrial operational intelligence solution market. Moreover, the
study highlights current market trends and provides forecast from 2019-2025. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.
Please Choose One of them.