Predictive Analytics Market was valued US$ 7.26 Bn in 2020 and is expected to reach US$ 33.57 Bn by 2027, at a CAGR of 24.45 % during forecast period.
Predictive Analytics Market - Latest Trends, dynamics, Mergers and Acquisitions and Key Companies competition.
The overall Global Predictive Analytics market for was estimated to be worth Bn in 2021 and is anticipated to increase at a CAGR of during the forecast period to reach Bn by 2029, according to Maximize Market Research, a global business research and consultancy company.
The report covers 34 countries that travel industry stakeholders believe to be desirable vacation spots. Based on their likely investment requirements, dominance in certain regions, and worldwide reach, the key players are selected for benchmarking and profiling. The market's overall impact from each local, regional, and global participant has been considered.
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Predictive Analytics Market Overview:
The total market size by nations and segments was calculated using a micro level investigation of each nation. Using a bottom-up approach, the size of the regional and global markets is estimated. It is possible to calculate the percentage that the unorganised market contributes to the size of the overall market by performing a micro-level examination of each nation. The thorough research that the firm organisation does to understand the market's drivers, restraints, and opportunities is dictated by the Predictive Analytics market. Conversations with major local business executives are then conducted to confirm the findings. Both paid and open-source data bases are used in the secondary research and analysis of the same. Each player's production and consumption data is acquired from several sources, including open and closed databases as well as, in the case of publicly traded companies, the financial reports of the business. Financial records may be sought from the local government's tax division if they are not made publicly available.
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Predictive Analytics Market Dynamics:
One can assess the key market dynamics by both developed and developing regions of the world using MMR Research, a focused and practical research technique. In order to help customers and businesses thrive in specialised industries and expand in emerging global marketplaces, MMR professionals also conduct in-depth evaluations of geographic regions. The ever-evolving Player landscape that has an impact on the industry's growth is also highlighted in this market research analysis.
Predictive Analytics Market Segment:
During the forecast period, the predictive analytics market is expected to be driven by high data dependence and cutting-edge technical implementations. End-users may benefit from the importance of data and its analysis for projecting future events by gaining a long-lasting competitive advantage. Improved product usability, the adoption of new technologies, the massive amount of data available, and creative differentiating factors are the main factors driving the predictive analytics market's rise.
Regional Analysis:
The Predictive Analytics market is segmented into five main geographic regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Research methodology:
Predictive Analytics Market Key players:
• Accretive Technologies Inc.
• Angoss Software Corporation
• FICO
• HP
• IBM
• Information Builders
• KXEN Inc.
• Microsoft
• Oracle
• Salford Systems
• lteryx
• AgilOne
• Domino Data lab
• Dataiku
• Exago
• GoodData
• Kognitio
• KNIME.COM
• MicroStrategy
• NTT Data
• Predixion Software
• RapidMiner
• QlikTech
• Sisense
• SAP
• SAS Institute
• Tableau Software
• TIBCO
• Teradata
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Nov 28, 2022