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PUBLISHER: IMARC | PRODUCT CODE: 1379155
PUBLISHER: IMARC | PRODUCT CODE: 1379155
Performance Analytics Market Report by Component, Organization Size, Application, Industry Vertical, and Region 2023-2028
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PAGES: 144 Pages
DELIVERY TIME: 2-3 business days
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Abstract
The global performance analytics market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 19.0% during 2022-2028.
Performance analytics collects and analyzes information to meet business objectives and projections. Its main features include embedded dashboards, key performance indicators (KPIs), and purpose-built metrics to measure and accelerate performance. It offers real-time visibility for instant insights into current patterns and trends, thereby enhancing decision-making. Nowadays, due to the digital transformation of core business processes, performance analytics is widely adopted by different organizations to aggregate, track, and visualize KPIs. It is also used to gain actionable insights, share up-to-date visualizations, anticipate trends, and monitor performance to identify areas for improvement.
Performance Analytics Market Trends:
A significant shift towards online banking solutions is creating huge amounts of financial data. This represents one of the key factors influencing the adoption of performance analytics in the banking, financial services, and insurance (BFSI) sector worldwide. Performance analytics provides fast closing times, tight controls and auditability, real-time consolidation, and elimination of manual errors. Moreover, small and medium-sized enterprises (SMEs) are increasingly relying on performance analytics to understand consumer needs and behavior, improve business performance, and gain a competitive advantage. Additionally, due to the growing access to medical services, healthcare organizations are adopting performance analytics around the world. It assists them in improving transparency in clinical and financial outcomes and making timely, strategic, and operational decisions using actionable, highly reliable data. Apart from this, a considerable rise in the utilization of e-learning solutions on account of the coronavirus disease (COVID-19) outbreak and temporary school closures are contributing to the market growth. Furthermore, several companies are offering advanced performance analytics using artificial intelligence (AI) services, which is further increasing its applications in automated network solutions for transport operations.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global performance analytics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode, organization size, application and industry vertical.
Breakup by Component:
Solution
Service
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Organization Size:
Large Enterprises
Small and Medium Enterprises
Breakup by Application:
Financial Performance
Sales and Marketing Performance
IT Operations Performance
Supply Chain Performance
Employee Performance
Others
Breakup by Industry Vertical:
BFSI
IT and Telecom
Retail
Government and Defense
Healthcare
Manufacturing
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being International Business Machines Corporation, Microsoft Corporation, Optymyze, Oracle Corporation, Prophix Software Inc., SAP SE, SAS Institute Inc., Servicenow Inc., Siemens AG, Workday Inc. and Xactly Corporation.
Key Questions Answered in This Report
- 1. How big is the global performance analytics market?
- 2. What is the expected growth rate of the global performance analytics market during 2023-2028?
- 3. What are the key factors driving the global performance analytics market?
- 4. What has been the impact of COVID-19 on the global performance analytics market?
- 5. What is the breakup of the global performance analytics market based on the component?
- 6. What is the breakup of the global performance analytics market based on the deployment mode?
- 7. What is the breakup of the global performance analytics market based on the organization size?
- 8. What is the breakup of the global performance analytics market based on the application?
- 9. What is the breakup of the global performance analytics market based on the industry vertical?
- 10. What are the key regions in the global performance analytics market?
- 11. Who are the key players/companies in the global performance analytics market?
Product Code: SR112023A4109
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Performance Analytics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Solution
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Service
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
- 7.1 On-premises
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cloud-based
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Organization Size
- 8.1 Large Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Small and Medium Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Financial Performance
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Sales and Marketing Performance
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 IT Operations Performance
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Supply Chain Performance
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Employee Performance
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Industry Vertical
- 10.1 BFSI
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 IT and Telecom
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Retail
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Government and Defense
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Healthcare
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Manufacturing
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 10.7 Others
- 10.7.1 Market Trends
- 10.7.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 International Business Machines Corporation
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Microsoft Corporation
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Optymyze
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Oracle Corporation
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Prophix Software Inc.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 SAP SE
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 SAS Institute Inc.
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 SWOT Analysis
- 16.3.8 Servicenow Inc.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.8.4 SWOT Analysis
- 16.3.9 Siemens AG
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Workday Inc.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.11 Xactly Corporation
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.1 International Business Machines Corporation
Product Code: SR112023A4109
List of Figures
- Figure 1: Global: Performance Analytics Market: Major Drivers and Challenges
- Figure 2: Global: Performance Analytics Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Performance Analytics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Performance Analytics Market: Breakup by Component (in %), 2022
- Figure 5: Global: Performance Analytics Market: Breakup by Deployment Mode (in %), 2022
- Figure 6: Global: Performance Analytics Market: Breakup by Organization Size (in %), 2022
- Figure 7: Global: Performance Analytics Market: Breakup by Application (in %), 2022
- Figure 8: Global: Performance Analytics Market: Breakup by Industry Vertical (in %), 2022
- Figure 9: Global: Performance Analytics Market: Breakup by Region (in %), 2022
- Figure 10: Global: Performance Analytics (Solution) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Performance Analytics (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Performance Analytics (Service) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Performance Analytics (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Performance Analytics (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Performance Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Performance Analytics (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Performance Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Performance Analytics (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Performance Analytics (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Performance Analytics (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Performance Analytics (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Performance Analytics (Financial Performance) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Performance Analytics (Financial Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Performance Analytics (Sales and Marketing Performance) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Performance Analytics (Sales and Marketing Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Performance Analytics (IT Operations Performance) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Performance Analytics (IT Operations Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Performance Analytics (Supply Chain Performance) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Performance Analytics (Supply Chain Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Performance Analytics (Employee Performance) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Performance Analytics (Employee Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Performance Analytics (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Performance Analytics (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Performance Analytics (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Performance Analytics (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Performance Analytics (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Performance Analytics (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Performance Analytics (Retail) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Performance Analytics (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Global: Performance Analytics (Government and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Global: Performance Analytics (Government and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Global: Performance Analytics (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Global: Performance Analytics (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Global: Performance Analytics (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Global: Performance Analytics (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Global: Performance Analytics (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Global: Performance Analytics (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: North America: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: North America: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United States: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United States: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Canada: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Canada: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Asia-Pacific: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Asia-Pacific: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: China: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: China: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Japan: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Japan: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: India: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: India: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: South Korea: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: South Korea: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Australia: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Australia: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Indonesia: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Indonesia: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Europe: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Europe: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Germany: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Germany: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: France: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: France: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: United Kingdom: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: United Kingdom: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Italy: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Italy: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Spain: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Spain: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Russia: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Russia: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Others: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Others: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Latin America: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Latin America: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Brazil: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 89: Brazil: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 90: Mexico: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 91: Mexico: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 92: Others: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 93: Others: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 94: Middle East and Africa: Performance Analytics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 95: Middle East and Africa: Performance Analytics Market: Breakup by Country (in %), 2022
- Figure 96: Middle East and Africa: Performance Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 97: Global: Performance Analytics Industry: SWOT Analysis
- Figure 98: Global: Performance Analytics Industry: Value Chain Analysis
- Figure 99: Global: Performance Analytics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Performance Analytics Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Performance Analytics Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Performance Analytics Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
- Table 4: Global: Performance Analytics Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
- Table 5: Global: Performance Analytics Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 6: Global: Performance Analytics Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
- Table 7: Global: Performance Analytics Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 8: Global: Performance Analytics Market: Competitive Structure
- Table 9: Global: Performance Analytics Market: Key Players
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