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North America Operational Analytics Market Size, Share & Trends Analysis Report by Type, Business Function, Application, Deployment Model (Cloud and On-premises), Industry Vertical, Country and Growth Forecast, 2024-2031

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    Report

  • 164 Pages
  • November 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6026265
The North America Operational Analytics Market is expected to 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 is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.37 billion by 2031. The Canada market is experiencing a CAGR of 15.2% during 2024-2031. Additionally, the Mexico market is expected to 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.

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)

Market Report Segmentation

By Type

  • Software
  • Service
    • Managed Services
    • Professional Services

By Business Function

  • Information Technology (IT)
  • Sales & Marketing
  • Finance
  • Human Resources (HR)
  • Other Business Function

By Application

  • Predictive Asset Maintenance
  • Risk Management
  • Fraud Detection
  • Supply Chain Management
  • Customer Management
  • Other Application

By Deployment Model

  • Cloud
  • On-premises

By Industry Vertical

  • Telecommunication
  • Retail & Consumer Goods
  • Manufacturing
  • Government & Defense
  • Energy & Utilities
  • Healthcare
  • Other Industry Vertical

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

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 The 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

Companies Mentioned

Some of the leading companies profiled in this North America Operational Analytics Market report include:
  • 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)

Methodology

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