The global market for insight engines is projected to have a considerable CAGR of around 23.2% during the forecast period. The Insight engine is a platform with cognitive capabilities. Insight engines enable users to search, discover and analyse both structured and unstructured data. Employees and customers use these tools to quickly and easily find information and data, whether that be content, documents, or raw data. Insight engines can be used by all businesses and departments that are shifting to a data-driven culture. One of the primary aspects driving this market's growth is the demand for enhanced search and access to in-depth insights. The increasing importance of AI technology for data insights and predictive insights for businesses is predicted to fuel the growth of insight engines. However, factors such as integrating insight engines tools with the existing system using the right approach and validating data quality and data sources are restraining the growth of the market.
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The global insight engines market is segmented based on insight types, deployment types, and end-user. Based on the insight types, the market is further classified into predictive insights prescriptive insights, and descriptive insights. Based on deployment type the market is segregated into on-premises, and cloud. Further, based on the end-user the market is classified into BFSI, retail and eCommerce, IT and telecom, healthcare, and others.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Insight Engines Market, By Insight Type
- Predictive insights
- Prescriptive insights
- Descriptive insights
Global Insight Engines Market, By Deployment Type
- On-premises
- Cloud
Global Insight Engines Market, By End User
- BFSI
- Retail and eCommerce
- IT and telecom
- Healthcare
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Comintelli
- Coveo Solutions Inc.
- Dassault Systems S.A.
- EPAM Systems, Inc.
- Expert System S.p.A.
- Funnelback Pty Ltd
- Google LLC
- IBM Corp
- IHS Markit Ltd
- Insight Engines, Inc.
- IntraFind Inc.
- LucidWorks, Inc.
- Micro Focus International plc
- Microsoft Corporation
- Mindbreeze GmbH
- Prevedere Inc
- ServiceNow, Inc.
- Sinequa SAS
- Veritone, Inc
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global insight engines market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where in the market.
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