Insight as a Service (IaaS) Market is expected to grow at a moderate rate during the forecast period 2019-2025. Insight as a Service is a type of cloud service that is used to develop business intelligence. The service includes the collection of data in order to provide and develop an action plan for the business. The process is used as business intelligence by various end-users such as healthcare companies, manufacturing industries, and others to improve the business operations. Unstructured and structured data is collected and morphed into credible insights through cloud platforms. The remarkable growth in the application of big data is one of the key drivers for global Insight as a Service market. Big data is being used to derive precise solutions for specific organizations by collecting data. End-users are rapidly adopting big data services in order to augment the operational capacity. Further, Insight as a Service is the preferred strategy for organic growth among end-users.
Global IaaS market is segmented on the basis of end-user into BFSI (Banking, Financial Services, and Insurance), healthcare, IT & telecom, and others such as automobile, education, and government. Healthcare segment is estimated to grow with the highest rate among all the end-user industries due to the growing efforts of governments to improve healthcare services. Further, the BFSI segment holds a substantial share in global Insight as a Service market. On the basis of application, global Insight as a Service market is diversified into revenue cycle management, branding & marketing solutions, product life cycle analysis, supply chain management, and others. Branding and marketing solutions segment is calculated to hold a substantial share of global Insight as a Service market.
In the geographic overview, the global IaaS market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is reporting the dominant share in the global Insight as a Service market due to the established advanced technology industry in the US and Canada. With the established industry for advanced technology, insight services for business intelligence attracts a huge customer base with developed understanding. Established industry supports technology adoption in various end-use segments. Additionally, the market growth is being supported by the presence of major market players in the US. Further, Asia-Pacific is significant market due to considerable potential in business intelligence. The region is estimated to grow with alarming rate during the forecast period.
Global Insight as a Service market comprises of various companies such as IBM Corp., Eaton Corp., Oracle Corp., GoodData Corp., Amazon Web Service, Inc., Microsoft Corp., Tata Consultancy Services Ltd., Zephyr Health, Inc., Capgemini SE and so forth.
Research Methodology:
The market study of the global IaaS market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers and news blogs
- Company websites and their Service Type catalog.
The report is intended for ICT companies, companies working on advanced technology, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
- Global Insight as a Service Market Research and Analysis by End-User
- Global Insight as a Service Market Research and Analysis by Service Type
The Report Covers:
- Comprehensive research methodology of the global Insight as a Service
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Insight as a Service market.
- Insights about market determinants which are stimulating the global Insight as a Service market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
