The predictive analytics market size is expected to grow from USD 4.6 billion in 2017 to USD 12.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.17% during the forecast period.
Predictive analytics is the branch of the advanced analytics which is used to make predictions about unknown future events. It uses many techniques from data mining, statistics, modeling, machine learning, and artificial intelligence to analyze current data to make predictions about future.
Global Predictive Analytics Market research report 2020-2025 caters with the vast trustworthy and reliable information. The report provides extensive analysis laying the foundation of market strategies helps to build the businesses in coming future. Additionally, it caters the recent trends adopted by key players and emerging businesses to strong hold their feet in the market. Besides, the report gives access to the latest changes happening in the market such as changing consumer demand coupled with local, regional, and international sales and marketing patterns.
The market report documents company profiles, product specifications, and capabilities of all key business players in the industry. The report has a special emphasis on key global Predictive Analytics companies to define and analyze their sales volume, market share, value, and recent developments. It shares detailed information about the key factors influencing the growth of the market (opportunities, growth potential, drivers, industry-specific challenges, and risks). It also analyzes competitive developments such as business expansions, new product launches, and acquisitions in the market. The report also covers the impact of COVID-19 while projecting the volume and growth, trends, and plans for this market.
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Key Player Mentioned: IBM, Oracle, SAS Institute, Accretive Technologies , Angoss Software , HP, Information Builders, Megaputer Intelligence, Microsoft, SAP, Microstrategy, Pegasystems
Product Segment Analysis: Predictive models, Descriptive models, Decision models
Application Segment Analysis: Application 1, Application 2, Other
Regional Segment Analysis: North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.)
The report is focused on qualitative and quantitative insights by industry analysts, inputs from industry experts and industry participants across the value chain. The data presented in the report is extracted through primary interviews with top officials from leading companies of domain concerned. The secondary data includes deep online research through news, articles, press releases, company reports, etc. The source of this report is authentic and provides insight into the marketplace and help the reader in decision making. The report is prepared with a targeted view to provide business insights which can be useful while making strategic business decisions and achieve sustainable growth in their respective market domain.