Global Insight Engine Market Overview:
Insight engines are a new class of big data products. It is an intelligent solution that makes information available to the user in the right context for any business. This combines with artificial intelligence to provide actionable insights defined from the full spectrum of content. It is an advanced technology that delivers on-demand knowledge discovery. In this industry, the market leaders are IBM, Mindbreeze, Coveo, Sinequa, and others. Some of the players profiled in the study are Funnelback (Australia), Coveo (Canada), IBM (United States), Microsoft (United States), Oracle (United States), Sinequa (France), Celonis (Germany), IntraFind (Germany), Lucidworks (United States) and Insight Engines (United States).
On the basis of geography, the market of Insight Engine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Insight, the sub-segment i.e. Predictive Insights will boost the Insight Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organizations Size, the sub-segment i.e. Small and Medium Size Organization will boost the Insight Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. Software will boost the Insight Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- The Growing Demand for Sustaining Improved Strategic Risk Management
- Development in Regulations and Compliance Deadlines for Data Security
- High Investment in Research & Development
- Increase in Market Competencies
- The Slowdown in Economies Because of COVID-19
- Development in Technologies Such as AI for Data Insights
- Growing Demand for Predictive Insights in Businesses
- The Rise in Data Security and Privacy Concerns
- Lack of Skilled Professional
Key Market Developments:
In Jun 2020, Iron Mountain Incorporated announced it's iron mountain insight artificial intelligence content services platform. Through this initiative, the company is become more competitive in the market and enhances the customer base.
The global insight engine market is strongly competitive and covers some market leaders’ players. In terms of market share, various market-leading players some players are strongly dominating the global market. These market players are investing in strategic initiatives to enhance their market share and improve their profitability.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Insight Engine Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Insight Engine market on the basis of product  , application [Customer Experience Management, Workforce Management, Operations Management, Sales and Marketing Management, Risk and Compliance Management and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Insight Engine market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Insight Engine industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Mindbreeze (Austria), Squirro (Switzerland) and Comintelli (Sweden).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Insight Engine market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.