The North America Insight Engines Market would witness market growth of 24.8% CAGR during the forecast period (2023-2029).
Machine learning and natural language processing (NLP) are the search engines that can comprehend context and respond to and answer complex queries. In addition, search engine strategies are being integrated with user actions to surface valuable information for consumers prior to their search. Such approaches are expected to increase the industry's productivity moving forward.
The popularity of data-driven decision-making among managers is on the rise, and the insights engine enables businesses to base their decisions on the insights derived from the data. Moreover, an intelligent enterprise search capability enables industries to drive the business toward the rapidly expanding digital transformation.
The search capability may assist the organization in capitalizing on the total value of the insights, involving them with experts to solve problems, and elaborating, exploring, or discovering new ways to streamline compliance and enhance customer service. As a result, several business units, departments, and divisions are immunized with insight engines. In addition, the adoption of and transition to a cloud-computing environment are increasing, and vendors on the market are also moving toward providing their solutions via the cloud.
Services and products that incorporate or are generated using digital technologies are referred to as being part of the "digital economy" notion. The information and communications technology (ICT) industry fosters the digital economy and accurately indicates the national economy's expansion. In this digital age, creativity, information, entrepreneurial dynamism, and ICT production would be the United States' competitive advantages. The information and communication technology sector is expected to utilize the insight engine solution and services to achieve greater efficiency for the business and get much-needed consumer insights to meet their demands, thus the growing ICT sector will drive the market growth for insight engines in the region.
The US market dominated the North America Insight Engines Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,758.7 million by 2029. The Canada market is poised to grow at a CAGR of 27.7% during (2023 - 2029). Additionally, The Mexico market would exhibit witness a CAGR of 26.5% during (2023 - 2029).
Based on Technology, the market is segmented into Machine Learning and Nature Language Processing. Based on Application, the market is segmented into Customer Management, Search & Discovery, Knowledge Management, Risk & Compliance Management and Others. Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Retail & Ecommerce, Telecom, Manufacturing, Healthcare & Lifesciences, Government and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Insight Engines Market is Projected to reach USD 6.6 Billion by 2029, at a CAGR of 25.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, OpenText Corporation, SAP SE, Oracle Corporation, Elastic N.V., expert.ai S.p.A., Almawave S.p.A. (Almaviva S.p.A), Mindbreeze GmbH, and Squirro AG.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Machine Learning
- Nature Language Processing
By Application
- Customer Management
- Search & Discovery
- Knowledge Management
- Risk & Compliance Management
- Others
By Component
By Deployment Type
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- BFSI
- IT & ITeS
- Retail & Ecommerce
- Telecom
- Manufacturing
- Healthcare & Lifesciences
- Government
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- OpenText Corporation
- SAP SE
- Oracle Corporation
- Elastic N.V.
- expert.ai S.p.A.
- Almawave S.p.A. (Almaviva S.p.A)
- Mindbreeze GmbH
- Squirro AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Insight Engines Market, by Technology
1.4.2 North America Insight Engines Market, by Application
1.4.3 North America Insight Engines Market, by Component
1.4.4 North America Insight Engines Market, by Deployment Type
1.4.5 North America Insight Engines Market, by Organization Size
1.4.6 North America Insight Engines Market, by Vertical
1.4.7 North America Insight Engines Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2020, Nov – 2022, Nov) Leading Players
Chapter 4. North America Insight Engines Market by Technology
4.1 North America Machine Learning Market by Country
4.2 North America Nature Language Processing Market by Country
Chapter 5. North America Insight Engines Market by Application
5.1 North America Customer Management Market by Country
5.2 North America Search & Discovery Market by Country
5.3 North America Knowledge Management Market by Country
5.4 North America Risk & Compliance Management Market by Country
5.5 North America Other Application Market by Country
Chapter 6. North America Insight Engines Market by Component
6.1 North America Solution Market by Country
6.2 North America Services Market by Country
Chapter 7. North America Insight Engines Market by Deployment Type
7.1 North America Cloud Market by Country
7.2 North America On-premise Market by Country
Chapter 8. North America Insight Engines Market by Organization Size
8.1 North America Large Enterprises Market by Country
8.2 North America Small & Medium Enterprises Market by Country
Chapter 9. North America Insight Engines Market by Vertical
9.1 North America BFSI Market by Country
9.2 North America IT & ITeS Market by Country
9.3 North America Retail & Ecommerce Market by Country
9.4 North America Telecom Market by Country
9.5 North America Manufacturing Market by Country
9.6 North America Healthcare & Lifesciences Market by Country
9.7 North America Government Market by Country
9.8 North America Others Market by Country
Chapter 10. North America Insight Engines Market by Country
10.1 US Insight Engines Market
10.1.1 US Insight Engines Market by Technology
10.1.2 US Insight Engines Market by Application
10.1.3 US Insight Engines Market by Component
10.1.4 US Insight Engines Market by Deployment Type
10.1.5 US Insight Engines Market by Organization Size
10.1.6 US Insight Engines Market by Vertical
10.2 Canada Insight Engines Market
10.2.1 Canada Insight Engines Market by Technology
10.2.2 Canada Insight Engines Market by Application
10.2.3 Canada Insight Engines Market by Component
10.2.4 Canada Insight Engines Market by Deployment Type
10.2.5 Canada Insight Engines Market by Organization Size
10.2.6 Canada Insight Engines Market by Vertical
10.3 Mexico Insight Engines Market
10.3.1 Mexico Insight Engines Market by Technology
10.3.2 Mexico Insight Engines Market by Application
10.3.3 Mexico Insight Engines Market by Component
10.3.4 Mexico Insight Engines Market by Deployment Type
10.3.5 Mexico Insight Engines Market by Organization Size
10.3.6 Mexico Insight Engines Market by Vertical
10.4 Rest of North America Insight Engines Market
10.4.1 Rest of North America Insight Engines Market by Technology
10.4.2 Rest of North America Insight Engines Market by Application
10.4.3 Rest of North America Insight Engines Market by Component
10.4.4 Rest of North America Insight Engines Market by Deployment Type
10.4.5 Rest of North America Insight Engines Market by Organization Size
10.4.6 Rest of North America Insight Engines Market by Vertical
Chapter 11. Company Profiles
11.1 IBM Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Regional & Segmental Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Oracle Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Acquisition and Mergers:
11.2.5.3 Geographical Expansions:
11.2.6 SWOT Analysis
11.3 SAP SE
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Acquisition and Mergers:
11.3.6 SWOT Analysis
11.4 Microsoft Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Recent strategies and developments:
11.4.4.1 Partnerships, Collaborations, and Agreements:
11.4.4.2 Product Launches and Product Expansions:
11.4.5 SWOT Analysis
11.5 OpenText Corporation
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Product Type and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.5.5.2 Acquisition and Mergers:
11.5.6 SWOT Analysis
11.6 Elastic N.V.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Product Launches and Product Expansions:
11.6.5.2 Acquisition and Mergers:
11.7 expert.ai S.p.A.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional Analysis
11.7.4 Research & Development Expenses
11.8 Almawave S.p.A. (Almaviva S.p.A)
11.8.1 Company Overview
11.8.2 Financial Analysis
11.9 Mindbreeze GmbH (Fabasoft AG)
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Regional Analysis
11.9.4 Research & Development Expense
11.10. Squirro AG
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Partnerships, Collaborations, and Agreements:
11.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Insight Engines Market, 2019 - 2022, USD Million
TABLE 2 North America Insight Engines Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Insight Engines Market
TABLE 4 Product Launches And Product Expansions– Insight Engines Market
TABLE 5 Acquisition and Mergers– Insight Engines Market
TABLE 6 geographical expansions – Insight Engines Market
TABLE 7 North America Insight Engines Market by Technology, 2019 - 2022, USD Million
TABLE 8 North America Insight Engines Market by Technology, 2023 - 2029, USD Million
TABLE 9 North America Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Machine Learning Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Nature Language Processing Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Nature Language Processing Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Insight Engines Market by Application, 2019 - 2022, USD Million
TABLE 14 North America Insight Engines Market by Application, 2023 - 2029, USD Million
TABLE 15 North America Customer Management Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Customer Management Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Search & Discovery Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Search & Discovery Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Knowledge Management Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Knowledge Management Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Risk & Compliance Management Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Risk & Compliance Management Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Other Application Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Other Application Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Insight Engines Market by Component, 2019 - 2022, USD Million
TABLE 26 North America Insight Engines Market by Component, 2023 - 2029, USD Million
TABLE 27 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Solution Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Insight Engines Market by Deployment Type, 2019 - 2022, USD Million
TABLE 32 North America Insight Engines Market by Deployment Type, 2023 - 2029, USD Million
TABLE 33 North America Cloud Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Cloud Market by Country, 2023 - 2029, USD Million
TABLE 35 North America On-premise Market by Country, 2019 - 2022, USD Million
TABLE 36 North America On-premise Market by Country, 2023 - 2029, USD Million
TABLE 37 North America Insight Engines Market by Organization Size, 2019 - 2022, USD Million
TABLE 38 North America Insight Engines Market by Organization Size, 2023 - 2029, USD Million
TABLE 39 North America Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Large Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 41 North America Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Small & Medium Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 43 North America Insight Engines Market by Vertical, 2019 - 2022, USD Million
TABLE 44 North America Insight Engines Market by Vertical, 2023 - 2029, USD Million
TABLE 45 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 46 North America BFSI Market by Country, 2023 - 2029, USD Million
TABLE 47 North America IT & ITeS Market by Country, 2019 - 2022, USD Million
TABLE 48 North America IT & ITeS Market by Country, 2023 - 2029, USD Million
TABLE 49 North America Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 51 North America Telecom Market by Country, 2019 - 2022, USD Million
TABLE 52 North America Telecom Market by Country, 2023 - 2029, USD Million
TABLE 53 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 55 North America Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 56 North America Healthcare & Lifesciences Market by Country, 2023 - 2029, USD Million
TABLE 57 North America Government Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Government Market by Country, 2023 - 2029, USD Million
TABLE 59 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 60 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 61 North America Insight Engines Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Insight Engines Market by Country, 2023 - 2029, USD Million
TABLE 63 US Insight Engines Market, 2019 - 2022, USD Million
TABLE 64 US Insight Engines Market, 2023 - 2029, USD Million
TABLE 65 US Insight Engines Market by Technology, 2019 - 2022, USD Million
TABLE 66 US Insight Engines Market by Technology, 2023 - 2029, USD Million
TABLE 67 US Insight Engines Market by Application, 2019 - 2022, USD Million
TABLE 68 US Insight Engines Market by Application, 2023 - 2029, USD Million
TABLE 69 US Insight Engines Market by Component, 2019 - 2022, USD Million
TABLE 70 US Insight Engines Market by Component, 2023 - 2029, USD Million
TABLE 71 US Insight Engines Market by Deployment Type, 2019 - 2022, USD Million
TABLE 72 US Insight Engines Market by Deployment Type, 2023 - 2029, USD Million
TABLE 73 US Insight Engines Market by Organization Size, 2019 - 2022, USD Million
TABLE 74 US Insight Engines Market by Organization Size, 2023 - 2029, USD Million
TABLE 75 US Insight Engines Market by Vertical, 2019 - 2022, USD Million
TABLE 76 US Insight Engines Market by Vertical, 2023 - 2029, USD Million
TABLE 77 Canada Insight Engines Market, 2019 - 2022, USD Million
TABLE 78 Canada Insight Engines Market, 2023 - 2029, USD Million
TABLE 79 Canada Insight Engines Market by Technology, 2019 - 2022, USD Million
TABLE 80 Canada Insight Engines Market by Technology, 2023 - 2029, USD Million
TABLE 81 Canada Insight Engines Market by Application, 2019 - 2022, USD Million
TABLE 82 Canada Insight Engines Market by Application, 2023 - 2029, USD Million
TABLE 83 Canada Insight Engines Market by Component, 2019 - 2022, USD Million
TABLE 84 Canada Insight Engines Market by Component, 2023 - 2029, USD Million
TABLE 85 Canada Insight Engines Market by Deployment Type, 2019 - 2022, USD Million
TABLE 86 Canada Insight Engines Market by Deployment Type, 2023 - 2029, USD Million
TABLE 87 Canada Insight Engines Market by Organization Size, 2019 - 2022, USD Million
TABLE 88 Canada Insight Engines Market by Organization Size, 2023 - 2029, USD Million
TABLE 89 Canada Insight Engines Market by Vertical, 2019 - 2022, USD Million
TABLE 90 Canada Insight Engines Market by Vertical, 2023 - 2029, USD Million
TABLE 91 Mexico Insight Engines Market, 2019 - 2022, USD Million
TABLE 92 Mexico Insight Engines Market, 2023 - 2029, USD Million
TABLE 93 Mexico Insight Engines Market by Technology, 2019 - 2022, USD Million
TABLE 94 Mexico Insight Engines Market by Technology, 2023 - 2029, USD Million
TABLE 95 Mexico Insight Engines Market by Application, 2019 - 2022, USD Million
TABLE 96 Mexico Insight Engines Market by Application, 2023 - 2029, USD Million
TABLE 97 Mexico Insight Engines Market by Component, 2019 - 2022, USD Million
TABLE 98 Mexico Insight Engines Market by Component, 2023 - 2029, USD Million
TABLE 99 Mexico Insight Engines Market by Deployment Type, 2019 - 2022, USD Million
TABLE 100 Mexico Insight Engines Market by Deployment Type, 2023 - 2029, USD Million
TABLE 101 Mexico Insight Engines Market by Organization Size, 2019 - 2022, USD Million
TABLE 102 Mexico Insight Engines Market by Organization Size, 2023 - 2029, USD Million
TABLE 103 Mexico Insight Engines Market by Vertical, 2019 - 2022, USD Million
TABLE 104 Mexico Insight Engines Market by Vertical, 2023 - 2029, USD Million
TABLE 105 Rest of North America Insight Engines Market, 2019 - 2022, USD Million
TABLE 106 Rest of North America Insight Engines Market, 2023 - 2029, USD Million
TABLE 107 Rest of North America Insight Engines Market by Technology, 2019 - 2022, USD Million
TABLE 108 Rest of North America Insight Engines Market by Technology, 2023 - 2029, USD Million
TABLE 109 Rest of North America Insight Engines Market by Application, 2019 - 2022, USD Million
TABLE 110 Rest of North America Insight Engines Market by Application, 2023 - 2029, USD Million
TABLE 111 Rest of North America Insight Engines Market by Component, 2019 - 2022, USD Million
TABLE 112 Rest of North America Insight Engines Market by Component, 2023 - 2029, USD Million
TABLE 113 Rest of North America Insight Engines Market by Deployment Type, 2019 - 2022, USD Million
TABLE 114 Rest of North America Insight Engines Market by Deployment Type, 2023 - 2029, USD Million
TABLE 115 Rest of North America Insight Engines Market by Organization Size, 2019 - 2022, USD Million
TABLE 116 Rest of North America Insight Engines Market by Organization Size, 2023 - 2029, USD Million
TABLE 117 Rest of North America Insight Engines Market by Vertical, 2019 - 2022, USD Million
TABLE 118 Rest of North America Insight Engines Market by Vertical, 2023 - 2029, USD Million
TABLE 119 Key information – IBM Corporation
TABLE 120 Key Information – Oracle Corporation
TABLE 121 Key Information – SAP SE
TABLE 122 key information – Microsoft Corporation
TABLE 123 Key Information – OpenText Corporation
TABLE 124 Key Information – Elastic N.V.
TABLE 125 Key Information – expert.ai S.p.A.
TABLE 126 Key Information – Almawave S.p.A.
TABLE 127 Key Information – Mindbreeze GmbH
TABLE 128 Key Information – Squirro AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2020, Nov – 2022, Nov) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Oracle Corporation
FIG 8 SWOT analysis: Oracle Corporation
FIG 9 Recent strategies and developments: SAP SE
FIG 10 SWOT Analysis: SAP SE
FIG 11 SWOT Analysis: Microsoft Corporation
FIG 12 Swot analysis: OpenText Corporation
FIG 13 Recent strategies and developments: Squirro AG