Global Operational Intelligence Market 2020-2024 | Technavio
Summary
LONDON--(BUSINESS WIRE)--The operational intelligence market is expected to grow by USD 1.25 billion, progressing at a CAGR of almost 10% during the forecast period. In an on-premises deployment model, the software is purchased and installed on the users server, and skilled IT professionals maintain it in the organization. As the rising number of enterprises have started adopting cloud-based OI solutions for their cost-effectiveness, agility, and flexibility, the market share for on-premise deployment is expected to decline over the next few years. This high volume of real-time data generation will significantly drive operational intelligence market growth in this region over the forecast period. • Market share assessments for the regional and country-level segments • Strategic recommendations for the new entrants • Strategic recommendations in key business segments based on the market estimations Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.