Predictive Analytics Market Research Report - Global Forecast till 2027

Global Predictive Analytics Market Research Report, By Techniques (Bayesian Recommendation), By Vertical (BFSI, Healthcare), By Application (Customer Analysis), By Organization Size (Large Enterprise), By Deployment (On-Cloud) - Forecast till 2027

ID: MRFR/ICT/5380-HCR | February 2021 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Predictive Analytics Market

5 Market Overview of Predictive Analytics Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Predictive Analytics Market by Deployment

7.1 Introduction

7.2 On-Premise

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 On-Cloud

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8. Predictive Analytics Market by Organization size

8.1 Introduction

8.2 Large Enterprise

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 SMEs

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9. Predictive Analytics Market by Techniques

9.1 Introduction

9.2 Support Vector Machines

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Bayesian Recommendation System

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Deep Neural Networks

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Others

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

10. Predictive Analytics Market by Applications

10.1 Introduction

10.2 Customer Churn Rate Prevention

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Risk Assessment

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Customer Analysis

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.5 Sales Forecasting

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Region, 2020-2027

10.6 Market Analysis

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Region, 2020-2027

10.7 Financial Modelling

10.7.1 Market Estimates & Forecast, 2020-2027

10.7.2 Market Estimates & Forecast by Region, 2020-2027

10.8 Others

10.8.1 Market Estimates & Forecast, 2020-2027

10.8.2 Market Estimates & Forecast by Region, 2020-2027

11. Predictive Analytics Market by Vertical

11.1 Introduction

11.2 BFSI

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Region, 2020-2027

11.3 It & Telecommunication

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Region, 2020-2027

11.4 Retail & Ecommerce

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Region, 2020-2027

11.5 Manufacturing

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Region, 2020-2027

11.6 Healthcare

11.6.1 Market Estimates & Forecast, 2020-2027

11.6.2 Market Estimates & Forecast by Region, 2020-2027

11.7 Transportation & Logistics

11.7.1 Market Estimates & Forecast, 2020-2027

11.7.2 Market Estimates & Forecast by Region, 2020-2027

11.8 Government & Defense

11.8.1 Market Estimates & Forecast, 2020-2027

11.8.2 Market Estimates & Forecast by Region, 2020-2027

11.9 Others

11.9.1 Market Estimates & Forecast, 2020-2027

11.9.2 Market Estimates & Forecast by Region, 2020-2027

12. Predictive Analytics Market by Region

12.1 Introduction

12.2 North America

12.2.1 Market Estimates & Forecast by Country, 2020-2027

12.2.2 Market Estimates & Forecast by Deployment, 2020-2027

12.2.3 Market Estimates & Forecast by Organization size, 2020-2027

12.2.4 Market Estimates & Forecast by Techniques, 2020-2027

12.2.5 Market Estimates & Forecast by Applications, 2020-2027

12.2.6 Market Estimates & Forecast by Vertical, 2020-2027

12.2.7 US

12.2.7.1 Market Estimates & Forecast by Deployment, 2020-2027

12.2.7.2 Market Estimates & Forecast by Organization size, 2020-2027

12.2.7.3 Market Estimates & Forecast by Techniques, 2020-2027

12.2.7.4 Market Estimates & Forecast by Applications, 2020-2027

12.2.7.5 Market Estimates & Forecast by Vertical, 2020-2027

12.2.8 Mexico

12.2.8.1 Market Estimates & Forecast by Deployment, 2020-2027

12.2.8.2 Market Estimates & Forecast by Organization size, 2020-2027

12.2.8.3 Market Estimates & Forecast by Techniques, 2020-2027

12.2.8.4 Market Estimates & Forecast by Applications, 2020-2027

12.2.8.5 Market Estimates & Forecast by Vertical, 2020-2027

12.2.9 Canada

12.2.9.1 Market Estimates & Forecast by Deployment, 2020-2027

12.2.9.2 Market Estimates & Forecast by Organization size, 2020-2027

12.2.9.3 Market Estimates & Forecast by Techniques, 2020-2027

12.2.9.4 Market Estimates & Forecast by Applications, 2020-2027

12.2.9.5 Market Estimates & Forecast by Vertical, 2020-2027

12.3 Europe

12.3.1 Market Estimates & Forecast by Country, 2020-2027

12.3.2 Market Estimates & Forecast by Deployment, 2020-2027

12.3.3 Market Estimates & Forecast by Organization size, 2020-2027

12.3.4 Market Estimates & Forecast by Techniques, 2020-2027

12.3.5 Market Estimates & Forecast by Applications, 2020-2027

12.3.6 Market Estimates & Forecast by Vertical, 2020-2027

12.3.7 Germany

12.3.7.1 Market Estimates & Forecast by Deployment, 2020-2027

12.3.7.2 Market Estimates & Forecast by Organization size, 2020-2027

12.3.7.3 Market Estimates & Forecast by Techniques, 2020-2027

12.3.7.4 Market Estimates & Forecast by Applications, 2020-2027

12.3.7.5 Market Estimates & Forecast by Vertical, 2020-2027

12.3.8 France

12.3.8.1 Market Estimates & Forecast by Deployment, 2020-2027

12.3.8.2 Market Estimates & Forecast by Organization size, 2020-2027

12.3.8.3 Market Estimates & Forecast by Techniques, 2020-2027

12.3.8.4 Market Estimates & Forecast by Applications, 2020-2027

12.3.8.5 Market Estimates & Forecast by Vertical, 2020-2027

12.3.9 UK

12.3.9.1 Market Estimates & Forecast by Deployment, 2020-2027

12.3.9.2 Market Estimates & Forecast by Organization size, 2020-2027

12.3.9.3 Market Estimates & Forecast by Techniques, 2020-2027

12.3.9.4 Market Estimates & Forecast by Applications, 2020-2027

12.3.9.5 Market Estimates & Forecast by Vertical, 2020-2027

12.3.10 Rest of Europe

12.3.10.1 Market Estimates & Forecast by Deployment, 2020-2027

12.3.10.2 Market Estimates & Forecast by Organization size, 2020-2027

12.3.10.3 Market Estimates & Forecast by Techniques, 2020-2027

12.3.10.4 Market Estimates & Forecast by Applications, 2020-2027

12.3.10.5 Market Estimates & Forecast by Vertical, 2020-2027

12.4 Asia-Pacific

12.4.1 Market Estimates & Forecast by Country, 2020-2027

12.4.2 Market Estimates & Forecast by Deployment, 2020-2027

12.4.3 Market Estimates & Forecast by Organization size, 2020-2027

12.4.4 Market Estimates & Forecast by Techniques, 2020-2027

12.4.5 Market Estimates & Forecast by Applications, 2020-2027

12.4.6 Market Estimates & Forecast by Vertical, 2020-2027

12.4.7 China

12.4.7.1 Market Estimates & Forecast by Deployment, 2020-2027

12.4.7.2 Market Estimates & Forecast by Organization size, 2020-2027

12.4.7.3 Market Estimates & Forecast by Techniques, 2020-2027

12.4.7.4 Market Estimates & Forecast by Applications, 2020-2027

12.4.7.5 Market Estimates & Forecast by Vertical, 2020-2027

12.4.8 India

12.4.8.1 Market Estimates & Forecast by Deployment, 2020-2027

12.4.8.2 Market Estimates & Forecast by Organization size, 2020-2027

12.4.8.3 Market Estimates & Forecast by Techniques, 2020-2027

12.4.8.4 Market Estimates & Forecast by Applications, 2020-2027

12.4.8.5 Market Estimates & Forecast by Vertical, 2020-2027

12.4.9 Japan

12.4.9.1 Market Estimates & Forecast by Deployment, 2020-2027

12.4.9.2 Market Estimates & Forecast by Organization size, 2020-2027

12.4.9.3 Market Estimates & Forecast by Techniques, 2020-2027

12.4.9.4 Market Estimates & Forecast by Applications, 2020-2027

12.4.9.5 Market Estimates & Forecast by Vertical, 2020-2027

12.4.10 Rest of Asia-Pacific

12.4.10.1 Market Estimates & Forecast by Deployment, 2020-2027

12.4.10.2 Market Estimates & Forecast by Organization size, 2020-2027

12.4.10.3 Market Estimates & Forecast by Techniques, 2020-2027

12.4.10.4 Market Estimates & Forecast by Applications, 2020-2027

12.4.10.5 Market Estimates & Forecast by Vertical, 2020-2027

12.5 Rest of the World

12.5.1 Market Estimates & Forecast by Country, 2020-2027

12.5.2 Market Estimates & Forecast by Deployment, 2020-2027

12.5.3 Market Estimates & Forecast by Organization size, 2020-2027

12.5.4 Market Estimates & Forecast by Techniques, 2020-2027

12.5.5 Market Estimates & Forecast by Applications, 2020-2027

12.5.6 Market Estimates & Forecast by Vertical, 2020-2027

12.5.7 Middle East & Africa

12.5.7.1 Market Estimates & Forecast by Deployment, 2020-2027

12.5.7.2 Market Estimates & Forecast by Organization size, 2020-2027

12.5.7.3 Market Estimates & Forecast by Techniques, 2020-2027

12.5.7.4 Market Estimates & Forecast by Applications, 2020-2027

12.5.7.5 Market Estimates & Forecast by Vertical, 2020-2027

12.5.8 Latin Countries

12.5.8.1 Market Estimates & Forecast by Deployment, 2020-2027

12.5.8.2 Market Estimates & Forecast by Organization size, 2020-2027

12.5.8.3 Market Estimates & Forecast by Techniques, 2020-2027

12.5.8.4 Market Estimates & Forecast by Applications, 2020-2027

12.5.8.5 Market Estimates & Forecast by Vertical, 2020-2027

12. Company Profiles

12.1 IBM Corporation

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 SAS Institute Inc.

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 SAP SE

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Microsoft Corporation

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Oracle Corporation

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Tibco Software

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Angoss Software Corporation

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Tableu Software Inc.

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Rapidminer Inc.

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 NTT Data Corporation

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.11 Fair Isaac Corporation

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.12 Radius Intelligence Inc.

12.12.1 Company Overview

12.12.2 Product/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

12.13 Ignite Technologies, Inc.

12.13.1 Company Overview

12.13.2 Product/Business Segment Overview

12.13.3 Financial Updates

12.13.4 Key Developments

12.14 Dundas Data Visualization, Inc.

12.14.1 Company Overview

12.14.2 Product/Business Segment Overview

12.14.3 Financial Updates

12.14.4 Key Developments

12.15 BOARD International

12.15.1 Company Overview

12.15.2 Product/Business Segment Overview

12.15.3 Financial Updates

12.15.4 Key Developments

13 Conclusion

 

LIST OF TABLES


Table1 Global Predictive Analytics Market, by Country, 2020–2027

Table2 North America: Predictive Analytics Market, by Country, 2020–2027

Table3 Europe: Predictive Analytics Market, by Country, 2020–2027

Table4 Asia-Pacific: Predictive Analytics Market, by Country, 2020–2027

Table5 North America: Predictive Analytics Market, by Country

Table6 North America: Predictive Analytics Market, by Deployment

Table7 North America: Predictive Analytics Market, by Organization size

Table8 North America: Predictive Analytics Market, by Techniques

Table9 North America: Predictive Analytics Market, by Application

Table10 North America: Predictive Analytics Market, by Vertical

Table11 Europe: Predictive Analytics Market, by Country

Table12 Europe: Predictive Analytics Market, by Deployment

Table13 Europe: Predictive Analytics Market, by Organization size

Table14 Europe: Predictive Analytics Market, by Techniques

Table15 Europe: Predictive Analytics Market, by Application

Table16 Europe: Predictive Analytics Market, by Vertical

Table17 Asia-Pacific: Predictive Analytics Market, by Country

Table18 Asia-Pacific: Predictive Analytics Market, by Deployment

Table19 Asia-Pacific: Predictive Analytics Market, by Organization size

Table20 Asia-Pacific: Predictive Analytics Market, by Techniques

Table21 Asia-Pacific: Predictive Analytics Market, by Application

Table22 Asia-Pacific: Predictive Analytics Market, by Vertical

Table23 Middle East & Africa: Predictive Analytics Market, by Deployment

Table24 Middle East & Africa: Predictive Analytics Market, by Organization size

Table25 Middle East & Africa: Predictive Analytics Market, by Techniques

Table26 Middle East & Africa: Predictive Analytics Market, by Application

Table27 Middle East & Africa: Predictive Analytics Market, by Vertical

Table28 Latin America: Predictive Analytics Market, by Deployment

Table29 Latin America: Predictive Analytics Market, by Organization size

Table30 Latin America: Predictive Analytics Market, by Techniques

Table31 Latin America: Predictive Analytics Market, by Application

Table32 Latin America: Predictive Analytics Market, by Vertical

LIST OF FIGURES

FIGURE 1 Global Predictive Analytics Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Predictive Analytics Market

FIGURE 4 Value Chain of Global Predictive Analytics Market

FIGURE 5 Share of Predictive Analytics Market in 2020, by country (in %)

FIGURE 6 Global Predictive Analytics Market, 2020–2027

FIGURE 7 Global Predictive Analytics Market Size by Deployment, 2020–2027

FIGURE 8 Share of Global Predictive Analytics Market by Deployment, (in %)

FIGURE 7 Global Predictive Analytics Market Size by Organization size, 2020–2027

FIGURE 8 Share of Global Predictive Analytics Market by Organization size, (in %)

FIGURE 10 Global Predictive Analytics Market Size by Techniques, 2020–2027

FIGURE 12 Share of Global Predictive Analytics Market by Techniques, (in %)

FIGURE 10 Global Predictive Analytics Market Size by Application, 2020–2027

FIGURE 12 Share of Global Predictive Analytics Market by Application, (in %)

FIGURE 10 Global Predictive Analytics Market Size by Vertical, 2020–2027

FIGURE 12 Share of Global Predictive Analytics Market by Vertical, (in %)

Global Predictive Analytics Market

Global Predictive Analytics Market value of about USD 13 billion during the market forecast period where it occupied a CAGR value of 21%.

Segmentation

By Techniques Bayesian Recommendation
By Vertical Bfsi Healthcare
By Application Customer Analysis
By Organization Size Large Enterprise
By Deployment On Cloud

Key Players

  • SAS Institute Inc. of the United States
  • Oracle Corporation of the United States
  • Microsoft Corporation of the United States
  • SAP SE of Germany

Drivers

  • Adopting some of the various predictive solutions techniques
  • Globalization and stabilization of the financial conditions
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PREDICTIVE ANALYTICS MARKET OVERVIEW


It has been expected that globally the market has occupied a market value of about USD 13 billion during the market forecast period where it occupied a CAGR value of 21 percent. Analyses up of historical and present documents and predicting future events symbolize the importance of having ideas about predictive analytics. Along with analyses, the prediction about the events gives out the best solutions thus supporting the vector machines, providing a good recommendation about the bayesian system along with deep neural networking systems.


The key players have carried out certain organic along with inorganic growth strategies which include the launching of new products, upgrading the product, merging, acquisitions and expansion has helped in strengthening up the business.


COVID 19 ANALYSIS


The outbreak of COVID has deteriorated the market and has hampered the market growth and its business. It also hurts the economic condition of the analytics industry thus affecting the living of the masses. It has hindered the approaches so made by the enterprises for the development of their businesses. The efforts so taken by the large and small enterprises to sustain the present situation have passed a new normal life for them. A shift in their focus from the growing driving opportunities and majorly focussing on implementing certain measures for mitigating the spread of COVID. Owing to the present scenario, some of the analytics projects are on hold. The majority of companies are facing competition to gain a very simple project.


Certain practices so imposed by the government as work from home and social distancing are improving the requirement of remote health monitoring up of the infected people. Adopting smart payment technologies, and developing certain digital infrastructure for the deployment of technology. This pandemic in fact brought security concerns due to some connectivity issues.


MARKET DYNAMICS



  • Drivers- adopting some of the various predictive solutions techniques along with the new marketing trends has helped in raising the need and demand for predictive analytics. It has brought huge competition in the predictive analytics market. As per the survey, so imposed by Princewaterh use Coopers during the forecast period, has conducted certain important decisions that are very much required for the organizations for launching up of new and advanced products and services. It has helped in promoting new entrants into the industry and investing a large sum of about 15 percent in IT firms. 48percent of the predictive analytics organizations are trying to take certain drive-in decisions. Here the analytics solutions have helped the organizations for analyzing the enterprises and giving good information about the customer's data whereas helping them in providing taking certain required decisions including the marketing strategies, improving the customer's service, carrying out liquidity planning, and many more. This has helped the organizations to understand the behavior of the customer during the forecast market period, decrease the churn rate, and help in accessing the risks linked with the operations. Using huge data and files has pushed up the predictive analytics market growth. Adopting certain technology such as artificial intelligence, machine learning, and certain advanced analytics has spurred up the predictive analytics market growth.

  • Opportunities- during the predictive analytics market forecast period, some of the factors like the rise in adoption of artificial intelligence and ML along with building partnerships and launching new products as per the technology have helped in expanding up the predictive analytics market growth. Globalization and stabilization of the financial conditions are some of the forces that enhance opportunities. The collection of more data has improved the consumer behavior where the datapoint on processed will improve the behavior of the customer.

  • Challenges- concerning more about the security of the predictive data is an important challenging factor of the market. Monetization of the assets of the data needs the availability of a sufficient amount of data which is another challenging factor for the market. Consolidation of data from the exact data source can pose a ceratin new challenge for organizing the enterprises. Exchange of data and data ecosystem will help in delivering certain tools which have helped in analyzing the assets at a centralized location. The analytics has offered certain integrated data platforms which have helped the customers for aggregating the data in a very localized manner.

  • Restraints- having the least ideas about the benefits associated with the predictive market has hampered the rise in predictive analytics market size. Predictive analytics poses decision-making data for interpretation and imposes a very large picture which boosted the business performance. The transformation of the analytics models containing both software and services depends on the method of analysis. Some of the professional methods of analytics are important for customizing the predictive data. Availability of skilled labor improves the market size. 


MARKET SEGMENTATION



  • By type- globally and regionally, it has been marked that the predictive analytics market is being classified into deployment type, size of the organization, techniques, applications, and vertical units. Based on deployment type, the predictive analytics market trends led to the division of the market into on-premise and on-cloud segments. Concerning the size of the organization, the analytics industry is being divided into large along with medium and small scale enterprises. As per the techniques, the industry is being classified into certain networking systems. Moreover, the application segment is divided into the prevention of churn rate, risk assessment, analysis of customer units, forecasting of sale sector, analysis of marketing sector, financing, modeling, and many more.

  • By technology- technology has led to the extraction of value-added data which is a requirement for decreasing the risks associated with it, targeting the valuable users, and carrying out proper business performance. Technology has helped in the growth of the use of the internet which has increased the volume of data thus improving the large speed services of the internet.


REGIONAL ANALYSIS


During the predictive analytics market forecast period, it has been marked that the predictive market has attained certain influential growth. The market has been extended into the region of North America, some of the European region, Asia Pacific, and some regions present in the rest of the world. It has been marked that the North American region has dominated the whole of the world. Some of the competitors in the market are trying to launch certain solutions as per the new technological growth and development. The region of Asia Pacific has been marked to be the fastest growing marketing segment where actual government support has been imposed on certain small enterprises. In certain countries of Japan, China and India some of the other areas have led them to raise their certain operational performance for the development of the analytic market.


COMPETITIVE LANDSCAPE


Some of the key players operating in the predictive analytics market are SAS Institute Inc. of the United States, Oracle Corporation of the United States, Microsoft Corporation of the United States, SAP SE of Germany, Tibco Software Inc. of the United States, IBM Corporation of the United States, Tableau Software of the United States, Dundas Data Visualisation Inc. of Canada, NTT Data Corporation of Japan, Rapidminer inc. of the United States, Radius Intellegence Inc. of the United States, BOARD International of Switzerland, Agnoss Software Corporation of Canada, Ignite Technologies Inc. of the United States, and Fair Issac Corporation of the United States.


RECENT DEVELOPMENTS



  • Fitbit in August 2020, has built its partnership and has acquired 34percent growth in the sale of smartwatches in the second quarter period of 2020.


Report overview


From the predictive analytics market analysis, it has been found that the report signifies the segments and their sub-segments. The report aims at estimating the growing market size and signifies the influential performance of the market. It gives an in-depth study about the competitive analysis of the competitors emerging in the whole of the industry along with their profiles, the key observations concerning the product, and their offerings. It signifies the marketing strategies so being carried out and the recent development so being done for improving the economic conditions of the market. The report gives information about the new entrants in the market and the closest approximations about the revenue members. It kept the stakeholders under the competitive scenario thus helping them gain insights about attaining a better position in the market. It provides ideas about the drivers, restraints, some of the opportunities, and the challenges.



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Frequently Asked Questions (FAQ) :

The predictive analysis market is poised to register 21% CAGR.

The size of the predictive analysis market is poised to reach USD 13 Bn by 2023.

Lack of awareness about the benefits is poised to pose challenge to market expansion.

Based on technique, the segments of the predictive analysis market are support vector machines (SVMs), deep neural networks, bayesian recommendation system, and others.

The major participants of the predictive analysis market are SAS Institute Inc. (US), Tibco Software Inc. (US), Microsoft Corporation (US), Tableu Software (US), Radius Intelligence Inc. (US), NTT Data Corporation (Japan), Dundas Data Visualization, Inc. (Canada), SAP SE (Germany), IBM Corporation (US), and Oracle Corporation (US).