FEATURED COMPANIES
- Alteryx Inc.
- Fair Isaac Corporation
- KNIME.com AG
- NTT DATA Corporation
- Predixion Software
- RapidMiner
Increasing demand for various advanced technologies such as cloud-based technologies, big data, and IoT is resulting in high demand for predictive analytics is a key factor driving market revenue growth.
Market Size - USD 7,182.7 Million in 2020, Market Growth - CAGR of 23.1%, Market Trends - Rising demand for advanced technologies from rapidly growing retail and Ecommerce industry globally.
The global predictive analytics market size is expected to reach USD 38.74 Billion in 2028, and register a CAGR of 23.1% during the forecast period. Increasing demand for predictive maintenance due to its ability to help decision makers of the company to calculate risks of implementing a given prediction resulting in more accurate projections. Predictive models can be most instructive when there is insufficient historical data. This is one of the major factors expected to drive growth of the global predictive analytics market.
Some Key Findings From the Report:
For the purpose of this report, the global predictive analytics market is segmented on the basis of component, organization size, deployment mode, industry vertical, end use, and region:
Component Outlook (Revenue, USD Billion; 2018 - 2028)
Deployment Mode Outlook (Revenue, USD Billion; 2018 - 2028)
Organization Size Outlook (Revenue, USD Billion; 2018 - 2028)
Industry Vertical Outlook (Revenue, USD Billion; 2018 - 2028)
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
Region Outlook (Revenue, USD Billion; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 7,182.7 Million in 2020, Market Growth - CAGR of 23.1%, Market Trends - Rising demand for advanced technologies from rapidly growing retail and Ecommerce industry globally.
The global predictive analytics market size is expected to reach USD 38.74 Billion in 2028, and register a CAGR of 23.1% during the forecast period. Increasing demand for predictive maintenance due to its ability to help decision makers of the company to calculate risks of implementing a given prediction resulting in more accurate projections. Predictive models can be most instructive when there is insufficient historical data. This is one of the major factors expected to drive growth of the global predictive analytics market.
Some Key Findings From the Report:
- Among the component segments, the solution segment accounted for the largest revenue share of 67.3% in 2020.
- The Asia Pacific market size was USD 1,652.0 Million in 2020, and revenue from the regional market is expected to expand at a significantly high revenue compound annual growth rate during the forecast period.
- Key players profiled in the report include Alteryx, Inc., Angoss Software Corporation, Domino Data Lab, Fair Isaac Corporation (FICO), International Business Machines (IBM) Corporation, Information Builders, KNIME.com AG, Microsoft Corporation, NTT DATA Corporation, Oracle Corporation, Predixion Software, RapidMiner, QlikTech International, SAP SE, SAS Institute, Inc., Tableau Software, Inc., TIBCO Software, Inc., and Teradata Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global predictive analytics market is segmented on the basis of component, organization size, deployment mode, industry vertical, end use, and region:
Component Outlook (Revenue, USD Billion; 2018 - 2028)
- Solution
- Services
Deployment Mode Outlook (Revenue, USD Billion; 2018 - 2028)
- Cloud
- On Premise
Organization Size Outlook (Revenue, USD Billion; 2018 - 2028)
- Small and Medium Sized Enterprises (SMEs)
- Large Sized Enterprises
Industry Vertical Outlook (Revenue, USD Billion; 2018 - 2028)
- Government and Defense
- Healthcare and Life Sciences
- Manufacturing
- Retail and E-commerce
- IT and Telecommunication
- Energy and Utilities
- Banking, Financial services, and Insurance (BFSI)
- Others
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
- Sales and Marketing Management
- Financial Management
- Customer Behavior Analysis
- Supply Chain Management
- Network Traffic Management
- Demand And Supply Forecasting
- Risk Management and Fraud Detection
- Others
Region Outlook (Revenue, USD Billion; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Predictive Analytics Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Predictive Analytics Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
FEATURED COMPANIES
- Alteryx Inc.
- Fair Isaac Corporation
- KNIME.com AG
- NTT DATA Corporation
- Predixion Software
- RapidMiner
Table of ContentChapter 3. Indicative Metrics
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Predictive Analytics Market Segmentation & Impact Analysis
Chapter 5. Predictive Analytics Market By End Use Insights & Trends
Chapter 6. Predictive Analytics Market By Deployment Mode Insights & Trends
Chapter 7. Predictive Analytics Market By Component Insights & Trends
Chapter 8. Predictive Analytics Market By Organization Size Insights & Trends
Chapter 9. Predictive Analytics Market By Industry Vertical Insights & Trends
Chapter 10. Predictive Analytics Market Regional Outlook
Chapter 11. Competitive Landscape
Chapter 12. Company Profiles
- Alteryx Inc.
- Angoss Software Corporation
- Domino Data Lab
- Fair Isaac Corporation
- International Business Machines Corporation
- Information Builders
- KNIME.com AG
- Microsoft Corporation
- NTT DATA Corporation
- Oracle Corporation
- Predixion Software
- RapidMiner
- QlikTech International
- SAP SE
- SAS Institute Inc.
- Tableau Software Inc.
- TIBCO Software Inc.
- Teradata Corporation