Performance Analytics Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


#10809

Persistence Market Research

$ 4900

Performance analytics is used to generate standard, custom trend reports and KPI dashboards that typically can't be created with the norm reports module. Performance analytics helps to gain more insight in their currents data and be able to act on it as well as influence the results. Performance analytics can easily replace and improve the existing process. Performance analytics helps in cost savings as well. Performance analytics are applied across various divisions like sales, finance, HR and operations as well. 

Performance analytics helps to manage consistency in performance across all divisions of the organizations. Graphical analysis contributes to identify the gaps and potential problems. Performance analytics helps in streamline preparation for self-inspection or upcoming onsite inspection with an online review of past deficiencies and corrective action plans. Performance analytics contributes to bench mark the performance of the organization. Performance analytics also helps in workload planning.

Performance Analytics Market: Market Drivers and Restraints

Performance analytics market is driven by simplicity and integrated business applications. Unprecedented growth in metrics-driven business performance assessments also drives the performance analytics market. Performance management system has operational efficiency benefits, direct and indirect benefits. The highly competitive environment drives the need to promote and manage sales and marketing activities to build brand awareness and increase overall profitability.

Data privacy and security are one of the primary restraints for performance analytics market. Lack of skilled analytical workforce is another restraint for the Performance analytics. A major factor that is restraining the growth of the market is concerns about the positive ROI.

Performance Analytics market: Market Segmentation

By Component

  • Services
  • Software
    • Managed services
    • Professional services
      • Support and maintenance
      • Consulting services

By Application

  • Sales and marketing performance analytics
  • Financial performance analytics
  • Supply chain performance analytics
  • IT operations performance analytics
  • Employee performance analytics
  • Others(Engineering and R&D performance analytics)

By Analytics Type

  • Predictive analytics
  • Prescriptive analytics
  • Descriptive analytics

By Deployment Model

  • On-premises
  • Cloud

By Organization Size

  • Small and Medium Size Business (SMBs)
  • Large enterprises

By Industry Vertical

  • BFSI
  • Telecommunications and IT
  • Retail and e-commerce
  • Government and defense
  • Healthcare
  • Manufacturing
  • Energy and utilities
  • Construction and engineering
  • Others(Education, research, travel and hospitality, and outsourcing services)

Performance Analytics market: Regional Outlook

By regions, Performance Analytics market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

North America and Western Europe Performance Analytics market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Performance Analytics market in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Performance Analytics market in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.

Performance analytics market: Competition Landscape

Key vendor in the Performance analytics market includes IBM Corporation, Oracle Corporation, SAS Institute Inc, SAP SE, Siemens AG, Adaptive Insights Inc, Xactly Corporation, Optymyze LLC, ServiceNow Inc, Callidus Software, Inc,

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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