Insight Engines Market

According to a research report "Insight Engines Market by Offering (Solutions and Services), Application (Search and Discovery, Knowledge Management, and Risk and Compliance Management), Technology, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for insight engines is projected to grow from 1.7 billion in 2023 to USD 5.6 billion by 2028, at a CAGR of 27.1% during the forecast period. With insight engines, businesses across the globe enbales to deliver a better customer experience by assuring ease of use, quick intelligence, and a broad scope of searches. They can use pre-existing databases to automatically generate insights, and make decisions based on information extracted from the data. In contrast to conventional search technologies, insight engines make information available to users in the appropriate context while using resource-efficient intelligent ways to find it.

Browse 258 market data Tables and 52 Figures spread through 290 Pages and in-depth TOC on "Insight Engines Market by Offering (Solutions and Services), Application (Search and Discovery, Knowledge Management, and Risk and Compliance Management), Technology, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/insight-engines-market-231500741.html

IT and ITeS segment to account for higher CAGR during the forecast period

The market for insight engines is bifurcated into BFSI, IT and ITeS, Retali and eCommerce, Healthcare and Life Sciences, Manufacturing, Government, Telecom, and Other verticals. Organisations are primarily concentrating on the optimum use of data because of the rise in computational capabilities brought  by the Al engine. To support the rising company landscape, better decision-making is now necessary due to the growing market competitiveness. When it comes to developing business plans based on consumer behaviour and shifting market trends, insight engines have been found to be helpful for a variety of industry verticals. During the forecast period, the IT and ITeS segment is anticipated to grow at a highest CAGR.

Machine Learning to hold largest market share during the forecast period

The market for insight engines is bifurcated based on technology into machine learning and natural language processing. The insight engines market incorporates artificial intelligence technology and have the potential to disturpt the way businesses search for data. Insights engines intended  to bring modern knowledge discovery approaches to companies’ private data using the latest technological advances. During the forecast period, the machine learning segment is expected to hold the largest market share.

Asia Pacific to exhibit the highest CAGR during the forecast period

The CAGR of Asia Pacific is estimated to be highest during the forecast period. The market demand insight engines is estimated to expand due to the rising demand for relevant and more personalized search experiences. The increasing investments among startups and the adoption of advanced technologies among verticals would drive the demand for insight engines solutions across the region.

Major vendors in the global insight engines market are Microsoft (US), IBM (US), OpenText (Canada), SAP (Germany), Oracle (US), Elastic (US), Expert.ai (Italy), Almawave (Italy), Mindbreeze (Austria), Squirro (Switzerland), Sinequa (France), Coveo (Canada), Lucidworks (US), SearchBlox (US), Attivio (US), o9 Solutions (US),  Celonis (US), Squiz (Australia), IntraFind (Germany), Fletch (US), Veritone (US), Progress (US), Upland Software (US), ForwardLane (US), Tecnotree (Finland), Comintelli (Sweden), Activeviam (US), Dun & Bradstreet (US), Prevedere (US), Stravito (Sweden), xFind (Israel), Turing Labs (US), Rampfy (Brazil), Raffle.ai (Denmark), Pecan AI (Israel), Omnisearch (Canada), and Fosfor (India).

Don’t miss out on business opportunities in Insight Engines Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]