The Global Predictive Analytics Market is expected to grow at a CAGR of 23.52% in the forecast period of 2021 to 2028 and is likely to reach USD 40.51 billion by 2028. The various cost benefits associated with cloud-based predictive analytics solutions will increase the market growth rate.
Moreover, the rise in the proliferation of internet will boosts the beneficial opportunities for the growth of predictive analytics market.
Predictive Analytics Market Scenario
According to Data Bridge Market Research the market for predictive analytics is expected to gain growth because of the surge in the adoption rate of big data. Also, introduction of artificial intelligence and machine learning will accelerate the growth of predictive analytics market over the forecast period of 2021 to 2028. While, growing demand for diversified data models based on business needs will further challenge the growth of predictive analytics market in the above-mentioned forecast period.
Now the question is which are the other regions that predictive analytics market is targeting? Data Bridge Market Research has estimated Asia-Pacific, the growing region of the market due to the upsurge in the adoption rate of advanced predictive analytics solution in this region.
For more analysis on the predictive analytics market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-predictive-analytics-market
Predictive Analytics Market Scope
Predictive analytics market is segmented on the basis of countries into the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
- All country based analysis of predictive analytics market is further analyzed based on maximum granularity into further segmentation. The component segment of the predictive analytics market is segmented into solutions and services. 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 financial services and insurance, banking, telecommunications and IT, healthcare and life sciences, retail and e-commerce, government and defense, energy and utilities, manufacturing, transportation and logistics and others.
- Machine learning, predictive modelling, and data mining are all used in predictive analytics to approximate and anticipate future opportunities, market hazards and present market trends.
To know more about the study, https://www.databridgemarketresearch.com/reports/global-predictive-analytics-market
Key Pointers Covered in the Predictive Analytics Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Microsoft
- Oracle
- SAP SE
- SAS Institute Inc.
- 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
- QlikTech International AB
Above are the key players covered in the report, to know about more and exhaustive list of predictive analytics companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-predictive-analytics-market
Research Methodology of Global Predictive Analytics Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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