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APAC Operational Intelligence Market Size (2024 - 2029)

The APAC Operational Intelligence Market is poised for significant growth, driven by the technology's ability to enhance operational efficiency and provide real-time insights across various organizational verticals. This market expansion is attributed to the increasing demand for real-time analytics and actionable insights that enable organizations to make informed decisions swiftly, thereby maximizing resource utilization and profitability. The adoption of operational intelligence is being accelerated by the need for businesses to adapt to market volatility and operational challenges, a trend further propelled by the impacts of the COVID-19 pandemic and geopolitical events.

Market Size of APAC Operational Intelligence Industry

APAC Operational Intelligence Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 8.12 Billion
Market Size (2029) USD 13.31 Billion
CAGR (2024 - 2029) 10.38 %
Market Concentration Low

Major Players

APAC Operational Intelligence Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Operational Intelligence Market Analysis

The APAC Operational Intelligence Market size is estimated at USD 8.12 billion in 2024, and is expected to reach USD 13.31 billion by 2029, growing at a CAGR of 10.38% during the forecast period (2024-2029).

Operational intelligence (OI) is a technology that the IT department uses to increase the visibility of potential business events and uncover insights across numerous organizational verticals. The technology uses real-time data to function.

  • Asia Pacific's market for Operational Intelligence is estimated to grow at a rapid pace because of the effectiveness of the technology. Operational Intelligence helps to increase operational efficiency. It helps organizations with intelligence about the key drivers in their supply chain and to get the maximum out of it. It applies the benefits of real-time analytics, alerts, and actions to a broad spectrum of use cases across and beyond the enterprise. It correlates the data and events in real time with the historical data, and the companies gain real-time visibility of information. It gives the information at their fingertips so that the companies can make smarter decisions and maximize profits.
  • In October 2023, FPT, a global technology firm headquartered in Vietnam, and Landing AI, offering a computer vision platform and artificial intelligence (AI) software company, announced a strategic relationship that would drive the application and education of AI. 
  • Operational Intelligence is one of the key levers for uplifting operational efficiency. It equips organizations with actionable insights into their key drivers across the entire value chain. Operational Intelligence places complete information at one's fingertips, enabling one to make smarter decisions in time to maximize impact. By correlating a wide variety of events and data from both streaming feeds and historical data silos, OI helps organizations gain real-time visibility of information, in context, through advanced dashboards, real-time insight into business performance, health, and status so that immediate action based on business policies and processes can be taken.
  • Operational Intelligence applies the benefits of real-time analytics, alerts, and actions to a broad spectrum of use cases across and beyond the enterprise. The collection, sharing, analysis, and application of Operational Intelligence via web-based technology gives decision-makers at all levels in a commercial organization an exceptional means to maximize the use of their resources. OI tells them precisely what is going on in the precise domain or geographical location of their operation that concerns them.
  • Operational Intelligence is an evolutionary and technological leap beyond Business Intelligence and Management Information systems that presents a retrospective, static, and at best generic Intelligence about an organization's performance. These unique advantages of OI over conventional tools will drive the market ahead in the coming years as companies that enable their management to respond in a timely manner to operational variances and market volatility are better placed to minimize the adverse impacts caused by uncertain operational procedures and disturbances in the market.
  • COVID-19's spread hastened the implementation of operational intelligence techniques. It is critical for businesses to use digitally enabled solutions to improve the efficiency of operations when working remotely.
  • The Asia-Pacific energy industry is accelerating its adoption of the 4th Industrial Revolution digital toolbox and embedding better operational efficiencies as a result of the economic demand devastation caused by the COVID-19 epidemic. In addition, as the pandemic takes a toll on the energy sector, worldwide investment in the sector is likely to drop 20%, or over USD 400 billion, compared to previous years, according to International Energy Agency. There has also been an impact of the Russia-Ukraine war on the overall packaging ecosystem.

APAC Operational Intelligence Industry Segmentation

Operational intelligence (OI) is a form of dynamic, real-time business analytics that delivers insights into business and IT operations. These solutions provide enterprises with the opportunity to streamline the process of data collection and analysis. Enterprises can monitor and troubleshoot in real time and improve their security and compliance methods, thereby speeding up the delivery of their services to customers.

Asia Pacific's operational intelligence market is segmented by deployment (cloud, on-premise) by end-user (retail, manufacturing, BFSI, government, IT and telecommunications, military and defense, transportation and logistics, healthcare, and energy and power). The report offers market forecasts and size in value (USD) for all the above segments.

By Deployment Type
Cloud
On-Premise
By End-user Vertical
Retail
Manufacturing
BFSI
Government
IT and Telecommunication
Military and Defense
Transportation and Logistics
Healthcare
Energy and Power
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APAC Operational Intelligence Market Size Summary

The Asia-Pacific operational intelligence market is poised for significant growth, driven by the increasing adoption of real-time data analytics and the Internet of Things (IoT). This technology enhances operational efficiency by providing organizations with actionable insights across their value chains, enabling smarter decision-making and maximizing profitability. The market's expansion is fueled by the need for businesses to respond swiftly to operational variances and market volatility, particularly in the wake of disruptions like the COVID-19 pandemic. The region's energy sector, in particular, is embracing digital transformation to improve operational efficiencies, influenced by economic challenges and global events such as the Russia-Ukraine war.

The competitive landscape of the Asia-Pacific operational intelligence market is characterized by a mix of small and large vendors offering solutions that provide visibility and insights into business operations. Key players like Vitria Technology Inc. and Splunk Inc. are instrumental in driving market growth. Strategic partnerships and acquisitions, such as OpenText's collaboration with Google Cloud and Accenture's acquisition of Fiftyfive5, are enhancing capabilities in data insights and performance marketing. These developments, alongside technological advancements like SAP HANA and Nokia's private wireless networking solutions, are set to transform business operations across various sectors, including manufacturing, healthcare, and education, by enabling real-time data processing and decision-making.

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APAC Operational Intelligence Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Growing Need for Real Time Data Analytics

      2. 1.1.2 Increasing Adoption of Big Data Analytics and the Internet-of-Things (IoT)

    2. 1.2 Market Restraint

      1. 1.2.1 Combining Data from Multiple Data Sources

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Deployment Type

      1. 2.1.1 Cloud

      2. 2.1.2 On-Premise

    2. 2.2 By End-user Vertical

      1. 2.2.1 Retail

      2. 2.2.2 Manufacturing

      3. 2.2.3 BFSI

      4. 2.2.4 Government

      5. 2.2.5 IT and Telecommunication

      6. 2.2.6 Military and Defense

      7. 2.2.7 Transportation and Logistics

      8. 2.2.8 Healthcare

      9. 2.2.9 Energy and Power

APAC Operational Intelligence Market Size FAQs

The APAC Operational Intelligence Market size is expected to reach USD 8.12 billion in 2024 and grow at a CAGR of 10.38% to reach USD 13.31 billion by 2029.

In 2024, the APAC Operational Intelligence Market size is expected to reach USD 8.12 billion.

APAC Operation Intelligence Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)