
North America Operational Analytics Market Size, Share & Trends Analysis Report By Type, By Business Function, By Application, By Deployment Model (Cloud and On-premises), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
Description
North America Operational Analytics Market Size, Share & Trends Analysis Report By Type, By Business Function, By Application, By Deployment Model (Cloud and On-premises), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Operational Analytics Market would witness market growth of 12.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Operational Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,373.8 million by 2031. The Canada market is experiencing a CAGR of 15.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.3% during (2024 - 2031).
These analytics uses data analysis techniques to improve and optimize an organization's daily operations and decision-making processes. It collects, analyzes, and interprets real-time or near-real-time data from business activities, systems, and processes, turning it into actionable insights. Unlike traditional analytics, which often examines historical data, these analytics is focused on the "here and now," helping organizations respond dynamically to current events and make data-driven decisions that enhance efficiency, productivity, and customer satisfaction.
This market is fundamentally driven by the increasing prevalence of sophisticated data analytics technologies, such as artificial intelligence, machine learning, and big data platforms. These technologies enable businesses to analyze massive datasets in real-time, uncover patterns and correlations, and forecast future outcomes more accurately.
In Canada, the telecom industry’s adoption of these analytics has accelerated as companies increasingly rely on digital platforms and invest heavily in 5G infrastructure. Telecom providers use analytics to optimize customer service, manage service delivery, and ensure network reliability. The ICT sector contributes substantially to Canada’s GDP, with a value of $104.5 billion in 2021 (in constant 2012 dollars), representing 5.3% of the national GDP and driving 15.3% of GDP growth from 2016 to 2021. The Canadian Radio-television and Telecommunications Commission (CRTC) actively supports initiatives to improve digital services and infrastructure, fostering further adoption of analytics in the telecom sector to enhance performance and customer satisfaction. Thus, as governments across the region prioritize digital transformation, cybersecurity, and economic competitiveness, the operational analytics market in North America is expected to see sustained growth.
Based on Type, the market is segmented into Software and Service (Managed Services and Professional Services). Based on Business Function, the market is segmented into Information Technology (IT), Sales & Marketing, Finance, Human Resources (HR), and Other Business Function. Based on Application, the market is segmented into Predictive Asset Maintenance, Risk Management, Fraud Detection, Supply Chain Management, Customer Management, and Other Application. Based on Deployment Model, the market is segmented into Cloud and On-premises. Based on Industry Vertical, the market is segmented into Telecommunication, Retail & Consumer Goods, Manufacturing, Government & Defense, Energy & Utilities, Healthcare, and Other Industry Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Microsoft Corporation
- Oracle Corporation
- SAS Institute Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC
- Hewlett Packard Enterprise Company
- IBM Corporation
- SAP SE
- Teradata Corporation
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
By Type
- Software
- Service
- Managed Services
- Professional Services
- Information Technology (IT)
- Sales & Marketing
- Finance
- Human Resources (HR)
- Other Business Function
- Predictive Asset Maintenance
- Risk Management
- Fraud Detection
- Supply Chain Management
- Customer Management
- Other Application
- Cloud
- On-premises
- Telecommunication
- Retail & Consumer Goods
- Manufacturing
- Government & Defense
- Energy & Utilities
- Healthcare
- Other Industry Vertical
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
164 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Operational Analytics Market, by Type
- 1.4.2 North America Operational Analytics Market, by Business Function
- 1.4.3 North America Operational Analytics Market, by Application
- 1.4.4 North America Operational Analytics Market, by Deployment Model
- 1.4.5 North America Operational Analytics Market, by Industry Vertical
- 1.4.6 North America Operational Analytics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, May – 2024, Jun) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Operational Analytics Market by Type
- 5.1 North America Software Market by Country
- 5.2 North America Service Market by Country
- 5.3 North America Operational Analytics Market by Service Type
- 5.3.1 North America Managed Services Market by Country
- 5.3.2 North America Professional Services Market by Country
- Chapter 6. North America Operational Analytics Market by Business Function
- 6.1 North America Information Technology (IT) Market by Region
- 6.2 North America Sales & Marketing Market by Region
- 6.3 North America Finance Market by Region
- 6.4 North America Human Resources (HR) Market by Region
- 6.5 North America Other Business Function Market by Region
- Chapter 7. North America Operational Analytics Market by Application
- 7.1 North America Predictive Asset Maintenance Market by Country
- 7.2 North America Risk Management Market by Country
- 7.3 North America Fraud Detection Market by Country
- 7.4 North America Supply Chain Management Market by Country
- 7.5 North America Customer Management Market by Country
- 7.6 North America Other Application Market by Country
- Chapter 8. North America Operational Analytics Market by Deployment Model
- 8.1 North America Cloud Market by Country
- 8.2 North America On-premises Market by Country
- Chapter 9. North America Operational Analytics Market by Industry Vertical
- 9.1 North America Telecommunication Market by Country
- 9.2 North America Retail & Consumer Goods Market by Country
- 9.3 North America Manufacturing Market by Country
- 9.4 North America Government & Defense Market by Country
- 9.5 North America Energy & Utilities Market by Country
- 9.6 North America Healthcare Market by Country
- 9.7 North America Other Industry Vertical Market by Country
- Chapter 10. North America Operational Analytics Market by Country
- 10.1 US Operational Analytics Market
- 10.1.1 US Operational Analytics Market by Type
- 10.1.1.1 US Operational Analytics Market by Service Type
- 10.1.2 US Operational Analytics Market by Business Function
- 10.1.3 US Operational Analytics Market by Application
- 10.1.4 US Operational Analytics Market by Deployment Model
- 10.1.5 US Operational Analytics Market by Industry Vertical
- 10.2 Canada Operational Analytics Market
- 10.2.1 Canada Operational Analytics Market by Type
- 10.2.1.1 Canada Operational Analytics Market by Service Type
- 10.2.2 Canada Operational Analytics Market by Business Function
- 10.2.3 Canada Operational Analytics Market by Application
- 10.2.4 Canada Operational Analytics Market by Deployment Model
- 10.2.5 Canada Operational Analytics Market by Industry Vertical
- 10.3 Mexico Operational Analytics Market
- 10.3.1 Mexico Operational Analytics Market by Type
- 10.3.1.1 Mexico Operational Analytics Market by Service Type
- 10.3.2 Mexico Operational Analytics Market by Business Function
- 10.3.3 Mexico Operational Analytics Market by Application
- 10.3.4 Mexico Operational Analytics Market by Deployment Model
- 10.3.5 Mexico Operational Analytics Market by Industry Vertical
- 10.4 Rest of North America Operational Analytics Market
- 10.4.1 Rest of North America Operational Analytics Market by Type
- 10.4.1.1 Rest of North America Operational Analytics Market by Service Type
- 10.4.2 Rest of North America Operational Analytics Market by Business Function
- 10.4.3 Rest of North America Operational Analytics Market by Application
- 10.4.4 Rest of North America Operational Analytics Market by Deployment Model
- 10.4.5 Rest of North America Operational Analytics Market by Industry Vertical
- Chapter 11. Company Profiles
- 11.1 Google LLC (Alphabet Inc.)
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.6 SWOT Analysis
- 11.2 Hewlett Packard Enterprise Company
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expense
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
- 11.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental Analysis
- 11.3.4 Recent strategies and developments:
- 11.3.4.1 Partnerships, Collaborations, and Agreements:
- 11.3.5 SWOT Analysis
- 11.4 Microsoft Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 Oracle Corporation
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.5.2 Product Launches and Product Expansions:
- 11.5.6 SWOT Analysis
- 11.6 SAS Institute, Inc.
- 11.6.1 Company Overview
- 11.6.2 Recent strategies and developments:
- 11.6.2.1 Partnerships, Collaborations, and Agreements:
- 11.6.3 SWOT Analysis
- 11.7 IBM Corporation
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Regional & Segmental Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Partnerships, Collaborations, and Agreements:
- 11.7.5.2 Product Launches and Product Expansions:
- 11.7.5.3 Acquisition and Mergers:
- 11.7.6 SWOT Analysis
- 11.8 SAP SE
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expense
- 11.8.5 Recent strategies and developments:
- 11.8.5.1 Partnerships, Collaborations, and Agreements:
- 11.8.5.2 Product Launches and Product Expansions:
- 11.8.5.3 Acquisition and Mergers:
- 11.8.6 SWOT Analysis
- 11.9 Teradata Corporation
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 SWOT Analysis
- 11.10. Tibco Software, Inc. (Vista Equity Partners Management, LLC)
- 11.10.1 Company Overview
- 11.10.2 Recent strategies and developments:
- 11.10.2.1 Product Launches and Product Expansions:
- 11.10.2.2 Acquisition and Mergers:
- 11.10.3 SWOT Analysis
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