Asia Pacific System of Insight Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Solution and Services), Application (Customer Analytics, Workforce Management, Operations Management, Sales & Marketing Management, Risk & Compliance Management, and Other Applications), and Industry (BFSI, IT & Telecom, Manufacturing, Retail & E-commerce, Government & Defense, Healthcare & Life Sciences, and Other Industries)

TIPRE00022212 | Pages: 126 | Technology, Media and Telecommunications | May 2021 | Type: Regional | Status: Published

Market Introduction

The Asia Pacific system of insight market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Asia Pacific has a vast tech-savvy population owing to the increasing usage of smartphone and easy internet access. The presence of tech-savvy population is promoting banks to adopt innovative digital banking solutions, as customers demand easy access to all their banking needs with minimum efforts. The rising digitization is leading to the growth of big data analytics in the region, which further leads to adoption of system of insight solutions in the region. In APAC, the growing volume of data, requirement to optimize operation and supply chain efficiencies, and the advent of AI and machine learning into supply chain management are surging the demand for supply chain management and optimization. The growing adoption of cloud-based supply chain management solution and mounting awareness of analytics tools among organizations are creating opportunities for players in future. In addition, the implementation of IoT devices across various verticals has also led to the generation of huge amount of data, which generates the need for such solutions in the system.

 

In Asia Pacific, the India has witnessed an unprecedented rise in number of COVID-19 cases, which has led to the discontinuation of the IT software development activities. The downfall of the media and technology development sector has negatively impacted the demand for system of insight during the early months of 2020. Moreover, decline in overall telecommunication activities has led to the discontinuation of the system of insight projects. Similar trend has been witnessed in other Asia Pacific countries, i.e., Japan, China, and Australia. However, the countries are likely to overcome these adversities with the economic activities regaining their pace, especially in the beginning of 2021.

 


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Market Overview and Dynamics

The system of insight market in Asia Pacific is expected to grow from US$ 249.44 million in 2019 to US$ 1,292.17 million by 2027; it is estimated to grow at a CAGR of 18.0 % from 2020 to 2027.  APAC is considered the fastest-growing region, with China and India fastest-growing economies in the world in terms of GDP and technology adoption. Additionally, Japan is the most technologically advanced country in the region, allowing the development of the software and technology industry. Besides, growing economies of Southeast Asia, such as Vietnam, Malaysia, Indonesia, and others, are experiencing a growth in various BFSI and retail sectors, which will demand for system of insight solutions and services. Governments across the region are investing in advanced technologies as they are used in almost all industrial applications. For instance, as per the Indian Brand Equity Foundation (IBEF), in 2018, Information Technology (IT) in India grew ~9% to reach US$ 87.1 billion. In the country, disruptive technologies, such as social media, cloud computing, and data analytics, provide new opportunities for growth across verticals. Also, in 2020, the social, mobility, analytics, cloud (SMAC) market grew by US$ 225 billion. Thus, owing to the rising focus on various crucial technologies in the region, the system of insight market in APAC is expected to expand rapidly during the forecast period.


Key Market Segments

Based on component, the solution segment accounted for the largest share of the Asia Pacific system of insight market in 2019. Based application, the customer analytics segment held a larger market share of the Asia Pacific system of insight market in 2019. Based on industry, the BFSI segment held a larger market share of the Asia Pacific system of insight market in 2019. Systems of insight solution enhances the customer experience by influencing perception of customer with the company in numerous ways. The solution helps the business to care for high-value customers in their time of need, solve problems effectively, and disrupt the competition with unique experiences. System of insight solutions are growing at an exponential rate due to increasing focus on creating business value by applying analytics solutions; requirement for real-time actionable intelligence; and rise in demand for predictive analytics solutions. Several companies are highly engaged in offering systems of insight solutions to various industries to make a mark in the Asia Pacific market.  


Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Asia Pacific system of insight market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are include GoodData Corporation; Medallia Inc.; Ngdata Inc.; Oracle Corporation; Plutora Inc.; SAP SE; Signal Analytics, Inc.; SAS Institute Inc.; and Tibco Software Inc.


Reasons to buy report

  • To understand the Asia Pacific system of insight market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific system of insight market
  • Efficiently plan M&A and partnership deals in Asia Pacific system of insight market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific system of insight market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Asia Pacific region.



Asia Pacific System of Insight Market Segmentation

Asia Pacific System of Insight Market - By Component

  • Solution
  • Services

Asia Pacific System of insight Market - By Application

  • Customer Analytics
  • Workforce Management
  • Operations Management
  • Sales and Marketing Management
  • Risk and Compliance Management
  • Other Applications

Asia Pacific System of Insight Market – By Industry

  • BFSI
  • IT and Telecom
  • Manufacturing
  • Retail and E-commerce
  • Government and Defense
  • Healthcare and Life Sciences
  • Other Industries

Asia Pacific System of Insight Market - By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia Pacific System of Insight Market - Company Profiles

  1. GoodData Corporation
  2. Medallia Inc.
  3. Ngdata Inc.
  4. Oracle Corporation
  5. Plutora Inc.
  6. SAP SE
  7. Signal Analytics, Inc.
  8. SAS Institute Inc.
  9. Tibco Software Inc.

TABLE OF CONTENTS

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        System of Insight Market – By Component

1.3.2        System of Insight Market – By Application

1.3.3        System of Insight Market – By Industry

1.3.4        System of Insight Market- By Country

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             System of Insight Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             Asia Pacific System of Insight Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Growing Volume of Big Data and Need for Analytics

5.1.2        Digital Transformation Providing a Competitive Edge in the Market

5.2       Market Restraints

5.2.1        Lack of Awareness

5.3       Market Opportunities

5.3.1        Surging System of Insight Growth Opportunities in APAC

5.4       Future Trends

5.4.1        An Upsurge in the Adoption of AI to Boost the Market Growth

5.5       Impact Analysis of Drivers and Restraints

6.             System of Insight Market – Asia Pacific Analysis

6.1       Asia Pacific System of Insight Market Overview

6.2       Asia Pacific System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

7.             Asia Pacific System of Insight Market Analysis – By Component

7.1       Overview

7.2       System of Insight Market, By Component, 2019 & 2027

7.3       Solution

7.3.1        Overview

7.3.2        Solution: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

7.4       Services

7.4.1        Overview

7.4.2        Services: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

8.             Asia Pacific System of Insight Market Analysis – By Application

8.1       Overview

8.2       System of Insight Market, By Application, 2019 & 2027

8.3       Customer Analytics

8.3.1        Overview

8.3.2        Customer Analytics: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

8.4       Workforce Management

8.4.1        Overview

8.4.2        Workforce Management: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

8.5       Operations Management

8.5.1        Overview

8.5.2        Operations Management: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

8.6       Sales and Marketing Management

8.6.1        Overview

8.6.2        Sales and Marketing Management: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

8.7       Risk and Compliance Management

8.7.1        Overview

8.7.2        Risk and Compliance Management: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

8.8       Other Applications

8.8.1        Overview

8.8.2        Other Applications: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

9.             Asia Pacific System of Insight Market Analysis – By Industry

9.1       Overview

9.2       System of Insight Market Breakdown, by Industry, 2019 & 2027

9.3       BFSI

9.3.1        Overview

9.3.2        BFSI: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

9.4       IT and Telecom

9.4.1        Overview

9.4.2        IT and Telecom: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

9.5       Manufacturing

9.5.1        Overview

9.5.2        Manufacturing: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

9.6       Retail and E-commerce

9.6.1        Overview

9.6.2        Retail and E-commerce: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

9.7       Government and Defense

9.7.1        Overview

9.7.2        Government and Defense: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

9.8       Healthcare and Life Sciences

9.8.1        Overview

9.8.2        Healthcare and Life Sciences: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

9.9       Other Industries

9.9.1        Overview

9.9.2        Other industries: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

10.          Asia Pacific System of Insight Market – Country Analysis

10.1    Overview

10.1.1     APAC: System of Insight Market, by Key Country

10.1.1.1    China: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1    China: System of Insight Market, by Component

10.1.1.1.2    China: System of Insight Market, by Application

10.1.1.1.3    China: System of Insight Market, by Industry

10.1.1.2    India: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1    India: System of Insight Market, by Component

10.1.1.2.2    India: System of Insight Market, by Application

10.1.1.2.3    India: System of Insight Market, by Industry

10.1.1.3    Japan: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1    Japan: System of Insight Market, by Component

10.1.1.3.2    Japan: System of Insight Market, by Application

10.1.1.3.3    Japan: System of Insight Market, by Industry

10.1.1.4    South Korea: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.4.1    South Korea: System of Insight Market, by Component

10.1.1.4.2    South Korea: System of Insight Market, by Application

10.1.1.4.3    South Korea: System of Insight Market, by Industry

10.1.1.5    Australia: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.5.1    Australia: System of Insight Market, by Component

10.1.1.5.2    Australia: System of Insight Market, by Application

10.1.1.5.3    Australia: System of Insight Market, by Industry

10.1.1.6    Rest of APAC: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.6.1    Rest of APAC: System of Insight Market, by Component

10.1.1.6.2    Rest of APAC: System of Insight Market, by Application

10.1.1.6.3    Rest of APAC: System of Insight Market, by Industry

11.          Asia Pacific System of Insight Market- COVID-19 Impact Analysis

11.1    Asia-Pacific

12.          Industry Landscape

12.1    Overview

12.2    Market Initiative

12.3    New Product Development

12.4    Merger and Acquisition

13.          Company Profiles

13.1    GoodData Corporation

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Medallia Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    NGDATA, Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Oracle Corporation

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Plutora, Inc.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    SAP SE

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Signals Analytics, Inc

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    SAS Institute Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9    TIBCO Software Inc.

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.          Appendix

14.1    About The Insight Partners

                14.2       Word Index


LIST OF TABLES

Table 1.             Asia Pacific System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             China: System of Insight Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 3.             China: System of Insight Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 4.             China: System of Insight Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 5.             India: System of Insight Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 6.             India: System of Insight Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 7.             India: System of Insight Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Japan: System of Insight Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Japan: System of Insight Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 10.          Japan: System of Insight Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 11.          South Korea: System of Insight Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 12.          South Korea: System of Insight Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 13.          South Korea: System of Insight Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Australia: System of Insight Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 15.          Australia: System of Insight Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 16.          Australia: System of Insight Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of APAC: System of Insight Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of APAC: System of Insight Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of APAC: System of Insight Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 20.             List of Abbreviation


LIST OF FIGURES

Figure 1.           System of Insight Market Segmentation

Figure 2.           Asia Pacific System of Insight Market Segmentation – By Country

Figure 3.           Asia Pacific System of Insight Market Overview

Figure 4.           Solution Segment held the Largest Share of Asia Pacific System of Insight Market

Figure 5.           Customer Analytics held the Largest Share of System of Asia Pacific Insight Market

Figure 6.           BFSI held the Largest Share of Asia Pacific System of Insight Market

Figure 7.           China held the Largest Share of Asia Pacific System of Insight Market

Figure 8.           Asia-Pacific: PEST Analysis

Figure 9.           System of Insight Market– Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        System of Insight Market: Impact Analysis of Drivers and Restraints

Figure 12.        Asia Pacific System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        System of Insight Market Revenue Share, by Component (2019 and 2027)

Figure 14.        Solution: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Services: System of Insight Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        System of Insight Market Revenue Share, by Application (2019 and 2027)

Figure 17.        Customer Analytics: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Workforce Management: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Operations Management: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Sales and Marketing Management: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Risk and Compliance Management: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Other Applications: System of Insight Market– Revenue and Forecast to 2027 (US$ Million)

Figure 23.        System of Insight Market Breakdown, by Industry (2019 and 2027)

Figure 24.        BFSI: System of Insight Market Revenue and Forecast to 2027 (US$ Million)

Figure 25.        IT and Telecom: System of Insight Market Revenue and Forecast To 2027 (US$ Million)

Figure 26.        Manufacturing: System of Insight Market Revenue and Forecast To 2027 (US$ Million)

Figure 27.        Retail and E-commerce: System of Insight Market Revenue and Forecast To 2027 (US$ Million)

Figure 28.        Government and Defense: System of Insight Market Revenue and Forecast To 2027 (US$ Million)

Figure 29.        Healthcare and Life Sciences: System of Insight Market Revenue and Forecast To 2027 (US$ Million)

Figure 30.        Other Industries: System of Insight Market Revenue and Forecast To 2027 (US$ Million)

Figure 31.        Asia Pacific: System of Insight Market, by Key Country – Revenue (2019) (USD Million)

Figure 32.        APAC: System of Insight Market Revenue Share, By Key Country (2019 and 2027)

Figure 33.        China: System of Insight Market – Revenue and Forecast To 2027 (US$ Million)

Figure 34.        India: System of Insight Market – Revenue and Forecast To 2027 (US$ Million)

Figure 35.        Japan: System of Insight Market – Revenue and Forecast To 2027 (US$ Million)

Figure 36.        South Korea: System of Insight Market – Revenue and Forecast To 2027 (US$ Million)

Figure 37.        Australia: System of Insight Market – Revenue and Forecast To 2027 (US$ Million)

Figure 38.        Rest of APAC: System of Insight Market – Revenue and Forecast To 2027 (US$ Million)

Figure 39.           Impact of COVID-19 Pandemic in Asia Pacific Country Markets  

The List of Companies - Asia Pacific System of Insight Market

  1. GoodData Corporation
  2. Medallia Inc.
  3. Ngdata Inc.
  4. Oracle Corporation
  5. Plutora Inc.
  6. SAP SE
  7. Signal Analytics, Inc.
  8. SAS Institute Inc.
  9. Tibco Software Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific system of insight market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific system of insight market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific system of insight market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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