Data Bridge Market Research has unveiled a new report called "Predictive Analytics Market" which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and the competitive landscape. Predictive Analytics market report, a section for the competitive landscape of the key players operating in the global market has also been covered. Moreover, the industry report lists and studies the leading competitors, also provides the insights with strategic industry analysis of the key factors influencing the market dynamics. This report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The key findings and recommendations of the reliable Predictive Analytics market report emphasizes crucial progressive industry trends in the global market, thereby allowing market players across the value chain to develop effective long-term strategies.
Predictive analytics market size is valued at USD 40.51 billion by 2028 and is expected to grow at a compound annual growth rate of 23.52% in the forecast period of 2021 to 2028. Data Bridge Market Research report on predictive analytics provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
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Predictive Analytics market report focuses on market taxonomy, regional analysis, opportunity assessment, and vendor analysis to help with comprehensive evaluation of the global market. For making the research report exhaustive, Porter’s five forces analysis and SWOT analysis have been used effectively. This report underlines the vital modification of the market dynamics and comprehensive analysis of the parent market. The high quality Predictive Analytics report also covers geographical markets and key players that have adopted significant strategies for business developments. Significantly, the report digs deep into decisive aspects of the competitive landscape and future changes in market competition.
Product definition
Predictive analytics includes various techniques from machine learning, data mining and predictive modeling to guesstimate and predict the future opportunities, current market trends, and market risks.
The various cost benefits of cloud-based predictive analytics solutions have been directly influencing the growth of predictive analytics market over the forecast period of 2021 to 2028. Also the introduction of machine learning and artificial intelligence as well as the high adoption of big data and other related technologies are also flourishing the growth of the predictive analytics market. The growing awareness among organizations regarding generated data is also positively impacting the growth of the market. Further, the rising usage of internet, associated with the accessibility of several means of accessing the internet is also acting as an active growth driver towards the growth of the predictive analytics market. Moreover, the increasing penetration of incorporated and connected technologies that has provided a platform to purveyor of predictive analytics solutions for leveraging this exceptional evolution of the internet which is creating a huge demand for predictive analytics as well as lifting the growth of the predictive analytics market.
Some of the major players operating Predictive Analytics market are
Microsoft, Oracle, SAP SE, SAS Institute Inc., Google, Salesforce, Amazon Web Services, Inc., Hewlett Packard Enterprise Development LP, Teradata, ALTERYX, INC., FICO, Altair Engineering, Inc., Domo, Inc., Cloudera, Inc., Board International, TIBCO Software Inc., Hitachi Vantara LLC, Happiest Minds, Dataiku and QlikTech International AB, among other
Key Market Segments Covered in Predictive Analytics Market Industry Research
By Component (Solutions, Services),
Deployment Model (0n-Premises, Cloud),
Organization Size (Small and Medium-Sized Enterprises, Large Enterprises),
End User (Banking, Financial Services, and Insurance, Telecommunications And IT, Retail and e-Commerce, Healthcare and Life Sciences, Manufacturing, Government And Defense, Energy And Utilities, Transportation and Logistics, Others)
Predictive Analytics Market Country Level Analysis
Predictive analytics market is analyzed and market size, volume information is provided by country, component, deployment model, organization size and end user as referenced above.
The countries covered in the predictive analytics market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the predictive analytics market due to the growing awareness about predictive analytics measures and its importance as well as the rapid technological advancements and a strong presence of market players in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising deployment and high adoption of advanced predictive analytics solutions within this region.
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Predictive Analytics Market Scope and Market Size
Predictive analytics market is segmented on the basis of component, deployment model, organization size and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The component segment of the predictive analytics market is segmented into solutions and services. Solutions have further been segmented into financial analytics, risk analytics, marketing analytics, sales analytics, customer analytics, web and social media analytics, supply chain analytics, network analytics and others. Financial analytics have further been sub-segmented into fraud detection, profitability management, governance, risk, and compliance management and others. Risk analytics have further been sub-segmented into cyber risk management, operational risk management, credit and market risk management and others. Marketing analytics have further been sub-segmented into predictive modeling, yield management, product and service development strategies and others. Sales analytics have further been sub-segmented into sales life cycle management, sales rep efficiency management and others. Customer analytics have further been sub-segmented into customer segmentation and clustering, customer behavior analysis, monitoring customer loyalty and satisfaction and others. Web and social media analytics have further been sub-segmented into social media management, search engine optimization, performance monitoring and competitor benchmarking. Supply chain analytics have further been sub-segmented into distribution and logistics optimization, inventory management, manufacturing analysis and others. Network analytics have further been sub-segmented into intelligent network optimization, traffic management and others. Services have further been segmented into managed services and professional services. Professional services have further been sub-segmented into consulting, integration and deployment.
- On the basis of deployment model, the predictive analytics market is segmented into on-premises and cloud.
- Predictive analytics market is segmented on the basis of organization size into small and medium-sized enterprises and large enterprises.
- On the basis of end user, the predictive analytics market is segmented into banking, financial services, and insurance, telecommunications and IT, retail and e-commerce, healthcare and life sciences, manufacturing, government and defense, energy and utilities, transportation and logistics and others.
How does this Predictive Analytics Market Insights Help?
- Predictive Analytics Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- The Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them
- To learn about the market strategies that are being adopted by your competitors and leading organizations
- To Increase insightful analyses of the market and have a comprehensive understanding of the “Predictive Analytics Market” and its commercial landscape
TABLE OF CONTENTS
- Part 01: Executive Summary
- Part 02: Scope of The Report
- Part 03: Research Methodology
- Part 04: Market Landscape
- Part 05: Pipeline Analysis
- Part 06: Market Sizing
- Part 07: Five Forces Analysis
- Part 08: Market Segmentation
- Part 09: Customer Landscape
- Part 10: Regional Landscape
- Part 11: Decision Framework
- Part 12: Drivers and Challenges
- Part 13: Market Trends
- Part 14: Vendor Landscape
- Part 15: Vendor Analysis
- Part 16: Appendix
For Detailed TOC | Follow @ https://www.databridgemarketresearch.com/toc/?dbmr=global-predictive-analytics-market
Queries Resolved In This Report:
- Which will be the specialties at which Predictive Analytics Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which will be the foreseen development rates for your own Predictive Analytics economy out and out and furthermore for each portion inside?
- Which will be the Predictive Analytics application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the Predictive Analytics market opportunity?
- How Predictive Analytics Market share advance vacillations their value from various assembling brands?
WHO SHOULD BUY THE Predictive Analytics REPORT?
People looking to enrich the decision-making capability by following points must buy the report:
- Breakdown of market share of the top Predictive Analytics industry players
- Evaluations of market share for the regional and country level sectors
- Estimation of Predictive Analytics market for the forecast period of all the aforementioned classes, sub classes, and the domestic markets
- Tactical recommendation for the newbies
- Tactical recommendation in primary business industries based on the Predictive Analytics market forecast
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