Global Insight Engines Market Size study & Forecast, by Component by Deployment Type, by Size of the Enterprise, by End-user Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Insight Engines Market is valued approximately USD 1162.14 million in 2022 and is anticipated to grow with a healthy growth rate of more than 25.5% over the forecast period 2023-2030. The insight engines market refers to the industry focused on providing advanced search and data analysis solutions that enable organizations to extract meaningful insights from their vast amounts of data. Insight engines combine artificial intelligence (AI), natural language processing (NLP), and machine learning techniques to deliver powerful search capabilities and data analysis functionalities. The major driving factors for the Global Insight Engines Market are rising amount of data and growing IT investment in cognitive search. Moreover, rising initiatives by key market players and technological advancement in the market is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

Accenture estimates that there are 44 zettabytes of data available, which is expanding quickly. Eighty percent of this data is unstructured (text documents, audio, video, emails, social media posts, etc.), and twenty percent is stored in some sort of structured system. The capacity to extract facts from documents and store those data somewhere for easy access is required in order to acquire insights from this enormous resource and pinpoint what a user or organisation requires. Search engine goliaths like Google and Bing accomplish this by storing such details in a 'knowledge graph,' which is appropriate for the search engines they have been using for many years. Along with this, an IT and services startup called KDNuggets predicts that businesses will spend 15% of their IT budgets on cloud-based solutions for cognitive search, analytics, and other services. By 2021, it was expected that this investment would increase to 35%. However, the high cost of Insight Engines stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Insight Engines Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is considered a prominent market for insight engines. The region is home to several major technology companies and has a mature technology infrastructure. The United States, in particular, has a strong presence of insight engine vendors and a high adoption rate of advanced search and analytics solutions. The Asia Pacific region is witnessing rapid growth in the adoption of insight engines. Countries like China, Japan, India, and Australia are investing in digital transformation initiatives and leveraging AI technologies to improve business operations. The region presents significant growth opportunities for insight engine vendors.

Major market players included in this report are:

Elastic NV
Attivio
Coveo Solutions Inc.
Sinequa
IBM Corporation
Lucidworks
Dassault Systemes
Mindbreeze GmbH
Squirro
Smartlogic Semantic AI

Recent Developments in the Market:

In July 2020, Microsoft introduced a preview feature of text analytics for healthcare. This feature empowers developers to analyze and derive valuable insights from unstructured medical data.

Global Insight Engines Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Deployment Type, Size of the Enterprise, End-user Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Software
Services

By Deployment Type:

On-premises
Cloud

By Size of the Enterprise:

Small and Medium-Sized Enterprises
Large Enterprises

By End-user Industry:

BFSI
Retail
IT and Telecom

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Insight Engines Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Insight Engines Market, by Component, 2020-2030 (USD Million)
- 1.2.3. Insight Engines Market, by Deployment Type, 2020-2030 (USD Million)
- 1.2.4. Insight Engines Market, by Size of the Enterprise, 2020-2030 (USD Million)
- 1.2.5. Insight Engines Market, by End-user Industry, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Insight Engines Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Insight Engines Market Dynamics

3.1. Insight Engines Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing amount of data
  - 3.1.1.2. Growing IT investment in cognitive search
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Insight Engines
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Formulation

Chapter 4. Global Insight Engines Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Insight Engines Market, by Component

5.1. Market Snapshot
5.2. Global Insight Engines Market by Component, Performance - Potential Analysis
5.3. Global Insight Engines Market Estimates & Forecasts by Component 2020-2030 (USD Million)
5.4. Insight Engines Market, Sub Segment Analysis
- 5.4.1. Software
- 5.4.2. Services

Chapter 6. Global Insight Engines Market, by Deployment Type

6.1. Market Snapshot
6.2. Global Insight Engines Market by Deployment Type, Performance - Potential Analysis
6.3. Global Insight Engines Market Estimates & Forecasts by Deployment Type 2020-2030 (USD Million)
6.4. Insight Engines Market, Sub Segment Analysis
- 6.4.1. On-premises
- 6.4.2. Cloud

Chapter 7. Global Insight Engines Market, by Size of the Enterprise

7.1. Market Snapshot
7.2. Global Insight Engines Market by Size of the Enterprise, Performance - Potential Analysis
7.3. Global Insight Engines Market Estimates & Forecasts by Size of the Enterprise 2020-2030 (USD Million)
7.4. Insight Engines Market, Sub Segment Analysis
- 7.4.1. Small and Medium-Sized Enterprises
- 7.4.2. Large Enterprises

Chapter 8. Global Insight Engines Market, by End-user Industry

8.1. Market Snapshot
8.2. Global Insight Engines Market by End-user Industry, Performance - Potential Analysis
8.3. Global Insight Engines Market Estimates & Forecasts by End-user Industry 2020-2030 (USD Million)
8.4. Insight Engines Market, Sub Segment Analysis
- 8.4.1. BFSI
- 8.4.2. Retail
- 8.4.3. IT and Telecom

Chapter 9. Global Insight Engines Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Insight Engines Market, Regional Market Snapshot
9.4. North America Insight Engines Market
- 9.4.1. U.S. Insight Engines Market
  - 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Deployment Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Size of the Enterprise breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End-user Industry breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Insight Engines Market
9.5. Europe Insight Engines Market Snapshot
- 9.5.1. U.K. Insight Engines Market
- 9.5.2. Germany Insight Engines Market
- 9.5.3. France Insight Engines Market
- 9.5.4. Spain Insight Engines Market
- 9.5.5. Italy Insight Engines Market
- 9.5.6. Rest of Europe Insight Engines Market
9.6. Asia-Pacific Insight Engines Market Snapshot
- 9.6.1. China Insight Engines Market
- 9.6.2. India Insight Engines Market
- 9.6.3. Japan Insight Engines Market
- 9.6.4. Australia Insight Engines Market
- 9.6.5. South Korea Insight Engines Market
- 9.6.6. Rest of Asia Pacific Insight Engines Market
9.7. Latin America Insight Engines Market Snapshot
- 9.7.1. Brazil Insight Engines Market
- 9.7.2. Mexico Insight Engines Market
9.8. Middle East & Africa Insight Engines Market
- 9.8.1. Saudi Arabia Insight Engines Market
- 9.8.2. South Africa Insight Engines Market
- 9.8.3. Rest of Middle East & Africa Insight Engines Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Elastic NV
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Attivio
- 10.3.3. Coveo Solutions Inc.
- 10.3.4. Sinequa
- 10.3.5. IBM Corporation
- 10.3.6. Lucidworks
- 10.3.7. Dassault Systemes
- 10.3.8. Mindbreeze GmbH
- 10.3.9. Squirro
- 10.3.10. Smartlogic Semantic AI

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Insight Engines Market, report scope
TABLE 2. Global Insight Engines Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Insight Engines Market estimates & forecasts by Component 2020-2030 (USD Million)
TABLE 4. Global Insight Engines Market estimates & forecasts by Deployment Type 2020-2030 (USD Million)
TABLE 5. Global Insight Engines Market estimates & forecasts by Size of the Enterprise 2020-2030 (USD Million)
TABLE 6. Global Insight Engines Market estimates & forecasts by End-user Industry 2020-2030 (USD Million)
TABLE 7. Global Insight Engines Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Insight Engines Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Insight Engines Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Insight Engines Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Insight Engines Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Insight Engines Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Insight Engines Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Insight Engines Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Insight Engines Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. Global Insight Engines Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 18. U.S. Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. U.S. Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 21. Canada Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. Canada Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 24. UK Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. UK Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 27. Germany Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. Germany Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 30. France Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. France Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 33. Italy Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Italy Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 36. Spain Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. Spain Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 39. RoE Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. RoE Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 42. China Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. China Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 45. India Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. India Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 48. Japan Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. Japan Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 51. South Korea Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. South Korea Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 54. Australia Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. Australia Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 57. RoAPAC Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. RoAPAC Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 60. Brazil Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Brazil Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 63. Mexico Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. Mexico Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 66. RoLA Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. RoLA Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. Saudi Arabia Insight Engines Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 69. South Africa Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. RoMEA Insight Engines Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Insight Engines Market
TABLE 72. List of primary sources, used in the study of global Insight Engines Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Insight Engines Market, research methodology
FIG 2. Global Insight Engines Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Insight Engines Market, key trends 2022
FIG 5. Global Insight Engines Market, growth prospects 2023-2030
FIG 6. Global Insight Engines Market, porters 5 force model
FIG 7. Global Insight Engines Market, pest analysis
FIG 8. Global Insight Engines Market, value chain analysis
FIG 9. Global Insight Engines Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Insight Engines Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Insight Engines Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Insight Engines Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Insight Engines Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Insight Engines Market, regional snapshot 2020 & 2030
FIG 15. North America Insight Engines Market 2020 & 2030 (USD Million)
FIG 16. Europe Insight Engines Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Insight Engines Market 2020 & 2030 (USD Million)
FIG 18. Latin America Insight Engines Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Insight Engines Market 2020 & 2030 (USD Million)