Product Code: A07474
Product analytics is the process of analyzing how users interact with a product or service. Companies use product analytics to track, analyze, and visualize the user's experience. This helps teams optimize product features based on user data and feedback. In addition, product analytics can answer different types of questions ranging from trends to analyzing feature adoption or user engagement over time, to visualizing intricate experiences and user flows inside or outside the product. Analyzing trends over time is one of the most commonly used types of reporting in product analytics.
It helps companies visualize whether feature adoption is increasing or decreasing over time. Such advantages provide the lucrative opportunities for the market growth during the forecast period. Furthermore, many organizations such as government, retail, and other sectors are adopting product analytics due to surge in demand for digitization. This factor creates lucrative growth opportunities in the market.
Factors such as a shift to algorithm-based analysis for more advanced analytics, and the emergence of opinionated analytics, thus drives the growth of the market. In addition, the increase in requirement to enhance customer behavior management to provide personalized recommendations of products is projected to fuel the adoption of the product analytics market during the forecast period. However, security & privacy concerns among enterprises hamper the growth of the market. Furthermore, the increased use of modern technologies such as Big Data, Machine Learning (ML), Artificial Intelligence (AI), and other analytical technologies, are expected to provide the lucrative growth opportunities for the market in the upcoming years. Moreover, growing demand for cloud-based analytical solutions and managed platforms and rise of digitalization, will create significant opportunities for the market growth in the future.
The product analytics market is segmented on the basis of component, deployment mode, application, end-user, industry vertical, and region. By component, it is bifurcated into software and services. By deployment mode, it is divided into on-premise, and cloud. On the basis of application, it is categorized into design and manufacturing, sales and marketing and consumer engagement. By end user, the market is segregated into small & medium-sized enterprises and large enterprises. By industry vertical, the market is classified into IT and telecommunication, BFSI, manufacturing, consumer goods and retail, media and entertainment, healthcare, energy and utility and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the product analytics market are Adobe Inc., Alphabet Inc., Amplitude, Inc., IBM Corporation, LatentView Analytics, Medallia Inc., Mixpanel, Oracle Corporation, Pendo.io Inc. and Salesforce, Inc.. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the product analytics market globally.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global product analytics market forecast along with the current and future trends to explain the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on global product analytics market trends is provided in the report.
- The Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the global product analytics market from 2022 to 2031 is provided to determine the market potential.
Key Market Segments
By Component
By Deployment Mode
By Application
- Design and Manufacturing
- Sales and Marketing
- Consumer Engagement
By End User
- Large Enterprises
- Small and Medium-sized Enterprises
By Industry Vertical
- IT and Telecommunication
- BFSI
- Manufacturing
- Consumer Goods and Retail
- Media and Entertainment
- Healthcare
- Energy and Utility
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Pendo.io Inc.
- Adobe Inc.
- IBM Corporation
- Medallia Inc.
- Mixpanel
- Alphabet Inc.
- Salesforce, Inc.
- Amplitude, Inc.
- LatentView Analytics
- Oracle Corporation
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Market dynamics
- 3.4.1.Drivers
- 3.4.1.1. Increase in adoption of product analytics across enterprises.
- 3.4.1.2. Rapid changes in business model software due to geographical expansion of the businesses
- 3.4.2.Restraints
- 3.4.2.1. Security & privacy concerns
- 3.4.3.Opportunities
- 3.4.3.1. Increase in adoption of cloud-based solutions & services
- 3.5.COVID-19 Impact Analysis on the market
CHAPTER 4: PRODUCT ANALYTICS MARKET, BY COMPONENT
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2. Software
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3. Services
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
CHAPTER 5: PRODUCT ANALYTICS MARKET, BY DEPLOYMENT MODE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2. On-Premise
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3. Cloud
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
CHAPTER 6: PRODUCT ANALYTICS MARKET, BY APPLICATION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2. Design and Manufacturing
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3. Sales and Marketing
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4. Consumer Engagement
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
CHAPTER 7: PRODUCT ANALYTICS MARKET, BY END USER
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2. Large Enterprises
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3. Small and Medium-sized Enterprises
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
CHAPTER 8: PRODUCT ANALYTICS MARKET, BY INDUSTRY VERTICAL
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2. IT and Telecommunication
- 8.2.1 Key market trends, growth factors and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market share analysis by country
- 8.3. BFSI
- 8.3.1 Key market trends, growth factors and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market share analysis by country
- 8.4. Manufacturing
- 8.4.1 Key market trends, growth factors and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market share analysis by country
- 8.5. Consumer Goods and Retail
- 8.5.1 Key market trends, growth factors and opportunities
- 8.5.2 Market size and forecast, by region
- 8.5.3 Market share analysis by country
- 8.6. Media and Entertainment
- 8.6.1 Key market trends, growth factors and opportunities
- 8.6.2 Market size and forecast, by region
- 8.6.3 Market share analysis by country
- 8.7. Healthcare
- 8.7.1 Key market trends, growth factors and opportunities
- 8.7.2 Market size and forecast, by region
- 8.7.3 Market share analysis by country
- 8.8. Energy and Utility
- 8.8.1 Key market trends, growth factors and opportunities
- 8.8.2 Market size and forecast, by region
- 8.8.3 Market share analysis by country
- 8.9. Others
- 8.9.1 Key market trends, growth factors and opportunities
- 8.9.2 Market size and forecast, by region
- 8.9.3 Market share analysis by country
CHAPTER 9: PRODUCT ANALYTICS MARKET, BY REGION
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 North America Market size and forecast, by Component
- 9.2.3 North America Market size and forecast, by Deployment Mode
- 9.2.4 North America Market size and forecast, by Application
- 9.2.5 North America Market size and forecast, by End User
- 9.2.6 North America Market size and forecast, by Industry Vertical
- 9.2.7 North America Market size and forecast, by country
- 9.2.7.1 U.S.
- 9.2.7.1.1 Key market trends, growth factors and opportunities
- 9.2.7.1.2 Market size and forecast, by Component
- 9.2.7.1.3 Market size and forecast, by Deployment Mode
- 9.2.7.1.4 Market size and forecast, by Application
- 9.2.7.1.5 Market size and forecast, by End User
- 9.2.7.1.6 Market size and forecast, by Industry Vertical
- 9.2.7.2 Canada
- 9.2.7.2.1 Key market trends, growth factors and opportunities
- 9.2.7.2.2 Market size and forecast, by Component
- 9.2.7.2.3 Market size and forecast, by Deployment Mode
- 9.2.7.2.4 Market size and forecast, by Application
- 9.2.7.2.5 Market size and forecast, by End User
- 9.2.7.2.6 Market size and forecast, by Industry Vertical
- 9.3 Europe
- 9.3.1 Key trends and opportunities
- 9.3.2 Europe Market size and forecast, by Component
- 9.3.3 Europe Market size and forecast, by Deployment Mode
- 9.3.4 Europe Market size and forecast, by Application
- 9.3.5 Europe Market size and forecast, by End User
- 9.3.6 Europe Market size and forecast, by Industry Vertical
- 9.3.7 Europe Market size and forecast, by country
- 9.3.7.1 UK
- 9.3.7.1.1 Key market trends, growth factors and opportunities
- 9.3.7.1.2 Market size and forecast, by Component
- 9.3.7.1.3 Market size and forecast, by Deployment Mode
- 9.3.7.1.4 Market size and forecast, by Application
- 9.3.7.1.5 Market size and forecast, by End User
- 9.3.7.1.6 Market size and forecast, by Industry Vertical
- 9.3.7.2 Germany
- 9.3.7.2.1 Key market trends, growth factors and opportunities
- 9.3.7.2.2 Market size and forecast, by Component
- 9.3.7.2.3 Market size and forecast, by Deployment Mode
- 9.3.7.2.4 Market size and forecast, by Application
- 9.3.7.2.5 Market size and forecast, by End User
- 9.3.7.2.6 Market size and forecast, by Industry Vertical
- 9.3.7.3 France
- 9.3.7.3.1 Key market trends, growth factors and opportunities
- 9.3.7.3.2 Market size and forecast, by Component
- 9.3.7.3.3 Market size and forecast, by Deployment Mode
- 9.3.7.3.4 Market size and forecast, by Application
- 9.3.7.3.5 Market size and forecast, by End User
- 9.3.7.3.6 Market size and forecast, by Industry Vertical
- 9.3.7.4 Italy
- 9.3.7.4.1 Key market trends, growth factors and opportunities
- 9.3.7.4.2 Market size and forecast, by Component
- 9.3.7.4.3 Market size and forecast, by Deployment Mode
- 9.3.7.4.4 Market size and forecast, by Application
- 9.3.7.4.5 Market size and forecast, by End User
- 9.3.7.4.6 Market size and forecast, by Industry Vertical
- 9.3.7.5 Spain
- 9.3.7.5.1 Key market trends, growth factors and opportunities
- 9.3.7.5.2 Market size and forecast, by Component
- 9.3.7.5.3 Market size and forecast, by Deployment Mode
- 9.3.7.5.4 Market size and forecast, by Application
- 9.3.7.5.5 Market size and forecast, by End User
- 9.3.7.5.6 Market size and forecast, by Industry Vertical
- 9.3.7.6 Rest of Europe
- 9.3.7.6.1 Key market trends, growth factors and opportunities
- 9.3.7.6.2 Market size and forecast, by Component
- 9.3.7.6.3 Market size and forecast, by Deployment Mode
- 9.3.7.6.4 Market size and forecast, by Application
- 9.3.7.6.5 Market size and forecast, by End User
- 9.3.7.6.6 Market size and forecast, by Industry Vertical
- 9.4 Asia-Pacific
- 9.4.1 Key trends and opportunities
- 9.4.2 Asia-Pacific Market size and forecast, by Component
- 9.4.3 Asia-Pacific Market size and forecast, by Deployment Mode
- 9.4.4 Asia-Pacific Market size and forecast, by Application
- 9.4.5 Asia-Pacific Market size and forecast, by End User
- 9.4.6 Asia-Pacific Market size and forecast, by Industry Vertical
- 9.4.7 Asia-Pacific Market size and forecast, by country
- 9.4.7.1 China
- 9.4.7.1.1 Key market trends, growth factors and opportunities
- 9.4.7.1.2 Market size and forecast, by Component
- 9.4.7.1.3 Market size and forecast, by Deployment Mode
- 9.4.7.1.4 Market size and forecast, by Application
- 9.4.7.1.5 Market size and forecast, by End User
- 9.4.7.1.6 Market size and forecast, by Industry Vertical
- 9.4.7.2 Japan
- 9.4.7.2.1 Key market trends, growth factors and opportunities
- 9.4.7.2.2 Market size and forecast, by Component
- 9.4.7.2.3 Market size and forecast, by Deployment Mode
- 9.4.7.2.4 Market size and forecast, by Application
- 9.4.7.2.5 Market size and forecast, by End User
- 9.4.7.2.6 Market size and forecast, by Industry Vertical
- 9.4.7.3 India
- 9.4.7.3.1 Key market trends, growth factors and opportunities
- 9.4.7.3.2 Market size and forecast, by Component
- 9.4.7.3.3 Market size and forecast, by Deployment Mode
- 9.4.7.3.4 Market size and forecast, by Application
- 9.4.7.3.5 Market size and forecast, by End User
- 9.4.7.3.6 Market size and forecast, by Industry Vertical
- 9.4.7.4 Australia
- 9.4.7.4.1 Key market trends, growth factors and opportunities
- 9.4.7.4.2 Market size and forecast, by Component
- 9.4.7.4.3 Market size and forecast, by Deployment Mode
- 9.4.7.4.4 Market size and forecast, by Application
- 9.4.7.4.5 Market size and forecast, by End User
- 9.4.7.4.6 Market size and forecast, by Industry Vertical
- 9.4.7.5 South Korea
- 9.4.7.5.1 Key market trends, growth factors and opportunities
- 9.4.7.5.2 Market size and forecast, by Component
- 9.4.7.5.3 Market size and forecast, by Deployment Mode
- 9.4.7.5.4 Market size and forecast, by Application
- 9.4.7.5.5 Market size and forecast, by End User
- 9.4.7.5.6 Market size and forecast, by Industry Vertical
- 9.4.7.6 Rest of Asia-Pacific
- 9.4.7.6.1 Key market trends, growth factors and opportunities
- 9.4.7.6.2 Market size and forecast, by Component
- 9.4.7.6.3 Market size and forecast, by Deployment Mode
- 9.4.7.6.4 Market size and forecast, by Application
- 9.4.7.6.5 Market size and forecast, by End User
- 9.4.7.6.6 Market size and forecast, by Industry Vertical
- 9.5 LAMEA
- 9.5.1 Key trends and opportunities
- 9.5.2 LAMEA Market size and forecast, by Component
- 9.5.3 LAMEA Market size and forecast, by Deployment Mode
- 9.5.4 LAMEA Market size and forecast, by Application
- 9.5.5 LAMEA Market size and forecast, by End User
- 9.5.6 LAMEA Market size and forecast, by Industry Vertical
- 9.5.7 LAMEA Market size and forecast, by country
- 9.5.7.1 Latin America
- 9.5.7.1.1 Key market trends, growth factors and opportunities
- 9.5.7.1.2 Market size and forecast, by Component
- 9.5.7.1.3 Market size and forecast, by Deployment Mode
- 9.5.7.1.4 Market size and forecast, by Application
- 9.5.7.1.5 Market size and forecast, by End User
- 9.5.7.1.6 Market size and forecast, by Industry Vertical
- 9.5.7.2 Middle East
- 9.5.7.2.1 Key market trends, growth factors and opportunities
- 9.5.7.2.2 Market size and forecast, by Component
- 9.5.7.2.3 Market size and forecast, by Deployment Mode
- 9.5.7.2.4 Market size and forecast, by Application
- 9.5.7.2.5 Market size and forecast, by End User
- 9.5.7.2.6 Market size and forecast, by Industry Vertical
- 9.5.7.3 Africa
- 9.5.7.3.1 Key market trends, growth factors and opportunities
- 9.5.7.3.2 Market size and forecast, by Component
- 9.5.7.3.3 Market size and forecast, by Deployment Mode
- 9.5.7.3.4 Market size and forecast, by Application
- 9.5.7.3.5 Market size and forecast, by End User
- 9.5.7.3.6 Market size and forecast, by Industry Vertical
CHAPTER 10: COMPETITIVE LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Top player positioning, 2021
CHAPTER 11: COMPANY PROFILES
- 11.1 Pendo.io Inc.
- 11.1.1 Company overview
- 11.1.2 Key Executives
- 11.1.3 Company snapshot
- 11.1.4 Operating business segments
- 11.1.5 Product portfolio
- 11.1.6 Business performance
- 11.1.7 Key strategic moves and developments
- 11.2 Adobe Inc.
- 11.2.1 Company overview
- 11.2.2 Key Executives
- 11.2.3 Company snapshot
- 11.2.4 Operating business segments
- 11.2.5 Product portfolio
- 11.2.6 Business performance
- 11.2.7 Key strategic moves and developments
- 11.3 IBM Corporation
- 11.3.1 Company overview
- 11.3.2 Key Executives
- 11.3.3 Company snapshot
- 11.3.4 Operating business segments
- 11.3.5 Product portfolio
- 11.3.6 Business performance
- 11.3.7 Key strategic moves and developments
- 11.4 Medallia Inc.
- 11.4.1 Company overview
- 11.4.2 Key Executives
- 11.4.3 Company snapshot
- 11.4.4 Operating business segments
- 11.4.5 Product portfolio
- 11.4.6 Business performance
- 11.4.7 Key strategic moves and developments
- 11.5 Mixpanel
- 11.5.1 Company overview
- 11.5.2 Key Executives
- 11.5.3 Company snapshot
- 11.5.4 Operating business segments
- 11.5.5 Product portfolio
- 11.5.6 Business performance
- 11.5.7 Key strategic moves and developments
- 11.6 Alphabet Inc.
- 11.6.1 Company overview
- 11.6.2 Key Executives
- 11.6.3 Company snapshot
- 11.6.4 Operating business segments
- 11.6.5 Product portfolio
- 11.6.6 Business performance
- 11.6.7 Key strategic moves and developments
- 11.7 Salesforce, Inc.
- 11.7.1 Company overview
- 11.7.2 Key Executives
- 11.7.3 Company snapshot
- 11.7.4 Operating business segments
- 11.7.5 Product portfolio
- 11.7.6 Business performance
- 11.7.7 Key strategic moves and developments
- 11.8 Amplitude, Inc.
- 11.8.1 Company overview
- 11.8.2 Key Executives
- 11.8.3 Company snapshot
- 11.8.4 Operating business segments
- 11.8.5 Product portfolio
- 11.8.6 Business performance
- 11.8.7 Key strategic moves and developments
- 11.9 LatentView Analytics
- 11.9.1 Company overview
- 11.9.2 Key Executives
- 11.9.3 Company snapshot
- 11.9.4 Operating business segments
- 11.9.5 Product portfolio
- 11.9.6 Business performance
- 11.9.7 Key strategic moves and developments
- 11.10 Oracle Corporation
- 11.10.1 Company overview
- 11.10.2 Key Executives
- 11.10.3 Company snapshot
- 11.10.4 Operating business segments
- 11.10.5 Product portfolio
- 11.10.6 Business performance
- 11.10.7 Key strategic moves and developments