Market Overview:
The global performance analytics market size reached US$
2.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$
7.5 Billion by 2027, exhibiting a growth rate (CAGR) of
19.31% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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 2022-2027. Our report has categorized the market based on component, deployment mode, organization size, application and industry vertical.
Breakup by Component:
Breakup by Deployment Mode:
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
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Component, Deployment Mode, Organization Size, Application, Industry Vertical, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
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 |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global performance analytics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global performance analytics market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global performance analytics market and who are the key players?
- What is the degree of competition in the industry?
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
11.2 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
11.3 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
11.4 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
11.5 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
List of Figures
Figure 1: Global: Performance Analytics Market: Major Drivers and Challenges
Figure 2: Global: Performance Analytics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Performance Analytics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Performance Analytics Market: Breakup by Component (in %), 2021
Figure 5: Global: Performance Analytics Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Performance Analytics Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Performance Analytics Market: Breakup by Application (in %), 2021
Figure 8: Global: Performance Analytics Market: Breakup by Industry Vertical (in %), 2021
Figure 9: Global: Performance Analytics Market: Breakup by Region (in %), 2021
Figure 10: Global: Performance Analytics (Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Performance Analytics (Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Performance Analytics (Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Performance Analytics (Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Performance Analytics (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Performance Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Performance Analytics (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Performance Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Performance Analytics (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Performance Analytics (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Performance Analytics (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Performance Analytics (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Performance Analytics (Financial Performance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Performance Analytics (Financial Performance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Performance Analytics (Sales and Marketing Performance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Performance Analytics (Sales and Marketing Performance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Performance Analytics (IT Operations Performance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Performance Analytics (IT Operations Performance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Performance Analytics (Supply Chain Performance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Performance Analytics (Supply Chain Performance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Performance Analytics (Employee Performance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Performance Analytics (Employee Performance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Performance Analytics (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Performance Analytics (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Performance Analytics (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Performance Analytics (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Performance Analytics (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Performance Analytics (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Performance Analytics (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Performance Analytics (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Performance Analytics (Government and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Performance Analytics (Government and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Performance Analytics (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Performance Analytics (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Performance Analytics (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Performance Analytics (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Performance Analytics (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Performance Analytics (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: North America: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: North America: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United States: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United States: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Canada: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Canada: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Asia-Pacific: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Asia-Pacific: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: China: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: China: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Japan: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Japan: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: India: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: India: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: South Korea: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: South Korea: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Australia: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Australia: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Indonesia: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Indonesia: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Europe: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Europe: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Germany: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Germany: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: France: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: France: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: United Kingdom: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: United Kingdom: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Italy: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Italy: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Spain: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Spain: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Russia: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Russia: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Latin America: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Latin America: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Brazil: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Brazil: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Mexico: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Mexico: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Others: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Others: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Middle East and Africa: Performance Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Middle East and Africa: Performance Analytics Market: Breakup by Country (in %), 2021
Figure 96: Middle East and Africa: Performance Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Performance Analytics Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Performance Analytics Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Performance Analytics Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Performance Analytics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Performance Analytics Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 7: Global: Performance Analytics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Performance Analytics Market: Competitive Structure
Table 9: Global: Performance Analytics Market: Key Players