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Insight engines market size is projected to grow at a CAGR of 24.5%NEW YORK, April 26, 2018 /PRNewswire/ -- Insight engines market size is projected to grow at a CAGR of 24.5% during the forecast period The adoption of connected devices is increasing in this region, which can be attributed to the development and implementation of 3G and 4G networks.Furthermore, advanced network connectivity has led to a rise in the number of smartphone users. According to the Cisco VNI analysis, APAC is expected to account for 47% of the global mobile traffic by 2021.Similarly, the regional share of smart devices and connections would reach 81% by 2021. Moreover, many of the telecom companies are actively working on 5G trials, and it is expected to be implemented by 2020. Therefore, these changes have resulted in the generation of massive amounts of data, which would enhance the adoption of insight engine solutions in the near future. In addition, major economies in APAC, such as India, Singapore, Malaysia, Japan, South Korea, and Australia, are adopting the cloud technology. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is given below: • By Company: Tier 1: 22%, Tier 2: 30%, and Tier 3: 48% • By Designation: C-level: 30%, Director level: 45%, and Others: 25% • By Region: North America: 45%, Europe: 25%, APAC: 22%, and MEA: 8% Research Coverage The report segments the insight engines market based on components, which are further segmented into tools and services.Under insight engines platform, the tools segment includes modules such as search engine, indexing, analysis, data governance, data security, AI algorithms, and reporting and visualization. The services segment is further segmented into managed and professional.The professional services segment in the report is further segmented into support and maintenance, consulting services, and deployment and integration. Based on deployment types, the market is segmented into on-premises and cloud.Under organization size, it is segmented into Small and Medium-sized Enterprises (SMEs) and large enterprises. Furthermore, under industry verticals, the report covers retail and eCommerce; government; healthcare; energy and utilities; IT and telecom; manufacturing; media and entertainment; Banking, Financial Services, and Insurance (BFSI); and others (travel and hospitality, transportation and logistics, and education). The regions are segmented into North America, Europe, APAC, Middle East and Africa (MEA), and Latin America. Reasons to buy the report The report will help the leaders/new entrants in this market in the following ways: 1. This report segments the insight engines market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different industry verticals and regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities. 3. This report will help stakeholders better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes new product launches/developments; partnerships and collaborations; mergers and acquisitions; and expansions. Read the full report: https://www.reportlinker.com/p05385494 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
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