BANGALORE, India, Oct. 28, 2020 /PRNewswire/ -- Predictive
Analytics Market by Component (Solution and Services), Deployment
(On-premise and Cloud), Enterprise Size (Large Enterprises and
Small & Medium-sized Enterprises), and Industry Vertical (BFSI,
Retail, IT & Telecom, Healthcare, Government, Manufacturing,
and Others): Global Opportunity Analysis and Industry Forecast,
2020–2027 - Published on Valuates Reports in Data
Management Category.
The Global Predictive Analytics Market size was valued at
USD 7.32 Billion in 2019 and is
projected to reach USD 35.45 Billion
by 2027, growing at a CAGR of 21.9% from 2020 to 2027.
Major factors driving the growth of predictive analytics market
size are the increase in the adoption of predictive modeling
software, an increase in spending by governments in support of Big
Data initiatives, and the increase in Big Data technology
adoption.
This report entails a detailed quantitative analysis and the
current global Predictive Analytics Market market trends from 2019
to 2027 to identify the prevailing opportunities and the strategic
assessment.
The Final Report will cover the impact analysis of COVID-19
on this industry
Get Detailed Analysis of COVID-19 Impact on Predictive Analytics
Market:
https://reports.valuates.com/request/sample/ALLI-Manu-1V25/Predictive_Analytics_Industry
COVID-19 IMPACT ON PREDICTIVE ANALYTICS MARKET
Demand and supply processes were interrupted by the covid-19
pandemic situation. Manufacturers need real-time visibility into
demand and inventory status to make informed decisions in order to
be at the top of demand during the covid-19. Predictive analytics
has made it possible for manufacturers to decide how many goods
they can produce, and it has also helped to decide what production
line priority should be, based on demand patterns to ensure that
production is never stopped.
Due to such advantages, the predictive analytics market size is
expected to grow during the COVID-19 period.
View Full Report:
https://reports.valuates.com/market-reports/ALLI-Manu-1V25/predictive-analytics-industry
TRENDS INFLUENCING THE PREDICTIVE ANALYTICS MARKET
SIZE
The growth of the Predictive Analytics Market size is driven by
increased awareness among organizations of the vast volume of data
produced to predict future results through the use of predictive
analytics solutions.
Increased internet use, combined with the availability of
numerous internet access sources, has contributed to an increase in
data generation. Thus, using this knowledge to make correct
business plans and decisions helps in optimizing the revenue.
Predictive analytics helps utilize the information from current and
historical datasets to predict potential future outcomes by using
statistics and modeling techniques. This feature is, in turn,
expected to increase the growth of predictive analytics market
size.
Furthermore, the incorporation of IoT and AI into predictive
analytics and the increase in demand for predictive analytics by
SMEs are expected to fuel the growth of predictive analytics market
size during the forecast period.
Ask for Customization Report :
https://reports.valuates.com/request/customisation/ALLI-Manu-1V25/Predictive_Analytics_Industry
PREDICTIVE ANALYTICS MARKET SHARE ANALYSIS
The global predictive analytics solution segment is expected to
hold the largest predictive analytics market share based on
components during the forecast period. This dominance is attributed
to the benefit offered. Predictive analytics solutions offer
advantages such as business-critical insights into what could
happen in the future, consumer behavior insights, and fraud
prevention.
Based on type, the customer analytics segment is expected to
hold the largest predictive analytics market share due to the need
to analyze large amounts of customer data across multiple sources
such as touchpoints and e-commerce sites.
Based on the region, North
America is expected to hold the largest predictive analytics
market share. This dominance of North
America is attributed to technological innovations and a
strong presence of established market players. In addition, funding
given to potential entrants by venture capitalists is expected to
alleviate market competition.
Asia Pacific is predicted to
experience the highest CAGR during the forecast period. Growing
implementation and acceptance of advanced predictive analytics
solutions can be due to the regional market's fast growth.
Ask for Regional Report:
https://reports.valuates.com/request/regional/ALLI-Manu-1V25/Predictive_Analytics_Industry
Key Benefits for Stakeholders:
- This study includes the analytical depiction of the global
predictive analytics market forecast and trends to determine the
imminent investment pockets.
- The report presents information related to key drivers,
restraints, and predictive analytics market opportunity.
- The current market size is quantitatively analyzed from 2019 to
2027 to highlight the financial competency of the predictive
analytics industry.
- Porter's five forces analysis illustrates the potency of buyers
& suppliers in the predictive analytics market.
Key Market Segments:
By Component
- Solution
-
- Customer Analytics
- Financial Analytics
- Risk Analytics
- Marketing & Sales Analytics
- Supply Chain Analytics
- Network Analytics
- Web & Social Media Analytics
- Others
- Services
By Deployment
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Industry Vertical
- BFSI
- Retail
- IT & Telecom
- Healthcare
- Government
- Manufacturing
- Others
Key Market Players
- Alteryx, Inc.
- Fair Isaac Corporation
- Information Builders
- International Business Machines Corporation
- KNIME
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers.
Please leave a note in the Comment Section to know about our
subscription plans.
Buy Now for Single User + Covid-19 Impact:
https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-1V25&lic=single-user
Buy Now for Enterprise License + Covid-19 Impact:
https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-1V25&lic=enterprise-license
SIMILAR REPORTS :
● Prescriptive Analytics Market
The global Prescriptive Analytics market size is projected to
reach USD 1188.6 Million by 2026,
from USD 1043.4 Million in 2020.
This report focuses on the global Prescriptive Analytics status,
future forecast, growth opportunity, key market, and key players.
The study objectives are to present the Prescriptive Analytics
development in North America,
Europe, China, Japan,
Southeast Asia, India, and Central & South America.
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Auto-33K1656/global-prescriptive-analytics
● Predictive Analytics in Healthcare Market
The global predictive analytics in healthcare market was valued
at USD 1,806 Million in 2017 and is
estimated to reach USD 8,464 Million
by 2025 at a CAGR of 21.2% from 2018 to 2025.
View Full Report:
https://reports.valuates.com/market-reports/ALLI-Auto-0B294/predictive-analytics-in-healthcare
● Financial Predictive Analytics Software
Market
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Othe-3D335/financial-predictive-analytics-software
● Predictive Sales Analytics Tools Market
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Othe-3H336/predictive-sales-analytics-tools
● Predictive Analytics Software Market
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Othe-1B373/predictive-analytics-software
● Transportation Predictive Analytics Market
The global Transportation Predictive Analytics market size is
projected to reach USD 1039.4 Million
by 2026, from USD 915.9 Million in
2020.
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Auto-17M1853/global-transportation-predictive-analytics
● Prescriptive and Predictive Analytics Market
The global Prescriptive and Predictive Analytics market size is
projected to reach USD 12930 Million
by 2026, from USD 6870.1 Million in
2020, at a CAGR of 11.1% during 2021-2026.
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Auto-19Z3407/global-and-united-states-prescriptive-and-predictive-analytics
● Supply Chain Analytics Market
The Global Supply Chain Analytics Market size is expected to
grow from USD 3,772.63 Million in
2019 to USD 8,787.53 Million by the
end of 2025 at a Compound Annual Growth Rate (CAGR) of 15.13%.
Major factors driving the growth of supply chain analytics
market size are growing data volume and speed, increasing
efficiencies in the process and supply chain, and introducing
artificial intelligence (AI ) and machine learning into supply
chain management.
View Full Report:
https://reports.valuates.com/market-reports/360I-Auto-2S355/the-global-supply-chain-analytics
● Advanced and Predictive Analytics Market
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Auto-23V982/global-advanced-and-predictive-analytics
● Predictive Analytics in Banking Market
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Auto-4Q2966/covid-19-impact-on-global-predictive-analytics-in-banking
● Network Analytics Market
The Global Network Analytics Market size is projected to reach
USD 2721.3 Million by 2026, from
USD 1094.1 Million in 2020, at a CAGR
of 16.4% during 2021-2026.
View Full Report:
https://reports.valuates.com/market-reports/QYRE-Auto-35F2161/global-network-analytics
● Risk Analytics Market
The Global Risk Analytics Market Size is expected to grow from
USD 23,703.79 Million in 2019 to
USD 48,540.71 Million by the end of
2025 at a Compound Annual Growth Rate (CAGR) of 12.68%.
View Full Report:
https://reports.valuates.com/market-reports/360I-Auto-9Z265/the-global-risk-analytics
● Cloud Business Analytics Market
The Global Cloud Business Analytics Market Size is expected to
grow from USD 16,014.53 Million in
2019 to USD 47,982.30 Million by the
end of 2025 at a Compound Annual Growth Rate (CAGR) of 20.06%
during the forecast period.
View Full Report:
https://reports.valuates.com/market-reports/360I-Auto-3N158/the-global-cloud-business-analytics
● Social Media Analytics Market
The Social Media Analytics Market size was valued at
USD 1.269 Billion, and is expected to
reach USD 9.383 Billion by 2022,
supported by a CAGR of 29.2%.
View Full Report:
https://reports.valuates.com/market-reports/ALLI-Auto-1D140/social-media-analytics
To see the full list of related reports on the Predictive
Analytics Market, visit
https://reports.valuates.com/search?qccode=All&qstr=predictive%20analytics&qcname=All&category=
ABOUT US:
Valuates offers in-depth market insights into various
industries. Our extensive report repository is constantly updated
to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report
covering your industry. We understand your niche region-specific
requirements and that's why we offer customization of reports. With
our customization in place, you can request for any particular
information from a report that meets your market analysis
needs.
To achieve a consistent view of the market, data is gathered
from various primary and secondary sources, at each step, data
triangulation methodologies are applied to reduce deviance and find
a consistent view of the market. Each sample we share contains
detail research methodology employed to generate the report, Please
also reach to our sales team to get the complete list of our data
sources
CONTACT US:
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call +1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Linkedin -
https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports
Logo:
https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg