Emergen Research has recently published a detailed report on the global Predictive Analytics market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Predictive Analytics market through verified and validated data curated to offer accurate insights.The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.

 

Predictive analytics is the use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. The global predictive analytics market size is expected to reach USD 91.34 Billion in 2032 and is expected to register steady revenue CAGR of 21.6% during the forecast period according to the latest analysis by Emergen Research. The global predictive analytics market is expected to grow at a significant rate over the forecast period, driven by increasing adoption of predictive analytics in various industries such as healthcare, banking, and retail, rising demand for real-time analytics, and the availability of advanced analytics tools and platforms.

One of the major drivers of the predictive analytics market is the increasing adoption of predictive analytics in various industries such as healthcare, banking, and retail. Predictive analytics is used in healthcare to identify high-risk patients and develop targeted interventions to prevent chronic diseases. In banking, predictive analytics is used to identify fraudulent activities and reduce financial losses. In retail, predictive analytics is used to forecast demand, optimize pricing, and personalize customer experiences.

The rising demand for real-time analytics is also expected to drive market growth. Real-time analytics provides instant insights into data and enables organizations to make informed decisions quickly. This is particularly important in industries such as finance and healthcare, where real-time insights can make a significant difference in patient outcomes and financial performance.

 

The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Predictive Analytics industry for evaluation and predictive analysis.

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Market Overview:

The report bifurcates the Predictive Analytics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Predictive Analytics Market Segmentation:

 

  • Component Outlook (Revenue, USD Billion; 2019-2032)

    • Solution
      1. Financial Analytics
      2. Risk Analytics
      3. Marketing Analytics
      4. Sales Analytics
      5. Customer Analytics
      6. Web and Social Media Analytics
      7. Supply Chain Analytics
      8. Network Analytics
    • Services
      1. Professional Service
        1. Consulting
        2. Development and Integration
        3. Support and Maintenance
      2. Managed Services

 

 

  • Verticals Outlook (Revenue, USD Billion; 2019-2032)

    • BFSI
    • Manufacturing
    • Retail and e-commerce
    • Government and Defense
    • Healthcare and Life Sciences
    • Energy and Utilities
    • Telecommunication and IT
    • Transportation and Logistics
    • Media and Entertainment
    • Travel and Hospitality
    • Other Verticals

 

 

  • Deployment Mode Outlook (Revenue, USD Billion; 2019-2032)

    • Cloud
    • On-premises

 

It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as

ALTERYX, INC., Fico, IBM, KNIME, Microsoft Corporation, Oracle Corporation, SAP, SAS Institute INC., B M Corporation, and TABLEAU SOFTWARE, LLC 

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Global Predictive Analytics Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Regional Landscape section of the Predictive Analytics report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/predictive-analytics-market

The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market.

Highlights of Table of Contents (TOC):

  • Overview of Global Predictive Analytics Market
  • Competitive analysis of the Predictive Analytics market
  • Regional analysis of Global Predictive Analytics market production and revenue
  • Regional analysis of Global Predictive Analytics market supply, consumption, and export & import
  • Type-based market analysis of global Predictive Analytics production, revenue, and price trends
  • Application-based analysis of the global Predictive Analytics market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Predictive Analytics market
  • Global Predictive Analytics market forecast (2020-2027)
  • Conclusion of the research report
  • Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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