Global Predictive Analytics Market Size
Information Technology

Global Predictive Analytics Market Outlook, Opportunities And Strategies – Includes Predictive Analytics Market Share

Learn about the global predictive analytics market through The Business Research Company, which provides information on predictive analytics market size, predictive analytics market drivers and restraints, predictive analytics market players, the COVID-19 impact on the predictive analytics market, and more.

 

The global predictive analytics market is expected to grow from $9.53 billion in 2021 to $11.82 billion in 2022 at a compound annual growth rate (CAGR) of 24.00%. The global predictive analytics market size is expected to reach $27.31 billion in 2026 at a compound annual growth rate (CAGR) of 23.30%.

 

The rising adoption of big data and other related technologies is expected to drive the growth of the predictive analytics market.

 

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Global Predictive Analytics Market
Global Predictive Analytics Market Report

The predictive analytics market consists of sales of predictive analytics solutions by entities (organizations, sole traders, partnerships) that refer to the use of statistics and modeling techniques based on current and historical data to determine future performance and make predictions about future outcomes. Predictive analytics is used to determine customer response and promote cross-sell opportunities and purchases.

 

Global Predictive Analytics Market Segments Include:
By Component: Solutions, Services

By Deployment Mode: Cloud, On-Premises

By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)

By Vertical: BFSI, Manufacturing, Retail and Ecommerce, Government and Defense, Healthcare and Life Sciences, Energy and Utilities, Telecommunications and IT, Transportation and Logistics, Media and Entertainment, Travel and Hospitality

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global predictive analytics market in 2021.

 

Increasing adoption of the cloud is a key trend gaining popularity in the predictive analytics market. Cloud adoption is an important move by organizations to reduce costs, mitigate risk, and achieve scalability of database capabilities. Cloud adoption is everywhere in the business world and acts as a crucial pipeline in digital empowerment, bringing innovation and growth for an enterprise. Cloud strategies provide a platform to act as a storage hub and deliver computation.

 

TBRC’s Predictive Analytics Market Report Covers:

Major Market Players: IBM, Microsoft, Oracle, SAP, SAS Institute, Google, Salesforce, Alteryx, FICO, AWS, HPE, Teradata, Altair, Domo, Cloudera, Board International, TIBCO Software, Hitachi Vantara, Qlik, Happiest Minds, Dataiku, RapidMiner, Aito.Ai, Symend, Unioncrate, Actify Data Labs, and Information Builders.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031).

 

The Predictive Analytics Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides predictive analytics market overviews, analyzes and forecasts market size, share, predictive analytics market players, predictive analytics market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s predictive analytics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

 Embedded Analytics Global Market Report 2022

Predictive Vehicle Technology Global Market Report 2022

Business Analytics And Enterprise Software Global Market Report 2022

 

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