San Francisco, California, June 30, 2017: TMR Research states that the global performance analytics market is likely to witness a terrific growth rate in the coming years as uptake of technology has become imperative. The research report, titled “Performance Analytics Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” discusses the future of the overall market by assessing the strengths, weaknesses, opportunities, and threats likely to impact its trajectory. The widening scope of applications are estimated to be the key growth driver for the overall market in the foreseeable future.
The report states that the global market will be largely driven by growing awareness amongst end users about the advantages of these software and services. The rapid pace of urbanization has intensified the need to monitor a wide range of changing dynamics such as implementation of policies, health records, and initiatives. All of these factors are expected to bolster the demand for performance analytics software and services. The increasing need to gather meaningful insights due to spike in data volumes, terrific technological advancements, and adoption of assessment methods that based on metrics are also supportive market growth.
The types of services available in the global performance analytics market are professional services and managed services. Of these, analysts expect that the demand for managed services will soar due to its increasing adoption in a wide range of technologically-driven spheres. These services are known to play an instrumental role in making in bringing in consistency, flexibility, and technical expertise in organizations and businesses. The report also states that the demand for predictive performance analytics will also rise as it is known to help businesses garner an in-depth analytics of historical events as well as the present-day scenario. In terms of geography, the North America performance analytics market is expected to exhibit a phenomenal pace of growth as the region has a higher awareness of technology.
Some of the leading players operating in the global performance analytics market are Xactly Corporation, Servicenow, Inc., International Business Machines Corporation, Nice Systems Inc., Siemens AG, Adaptive Insights, SAS Institute, Inc., Optymyze, Quantros, Inc., Oracle Corporation, SAP SE, Callidus Software Inc., Tidemark Systems, Inc., Tagetik Software Srl., and Prophix Software, Inc. The research report provides a thorough analysis of the competitive landscape present in the global market. It also assesses the research and development statuses, financial overview, and business and marketing strategies of these companies for the coming few years. The publication also includes expert comments and recommendations to help the readers gain a valuable insight of the trajectory of the overall market.