0

Advanced Predictive Analytics Software Market by Deployment and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR70525
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The advanced predictive analytics software market share is expected to increase by USD 9.35 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 18.36%.

This advanced predictive analytics software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers advanced predictive analytics software market segmentations by deployment (cloud and on premise) and geography (North America, Europe, APAC, South America, and MEA). The advanced predictive analytics software market report also offers information on several market vendors, including Alteryx Inc., CGI Inc., Fair Isaac Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., The MathWorks Inc., and TIBCO Software Inc. among others.

What will the Advanced Predictive Analytics Software Market Size be During the Forecast Period?

Advanced Predictive Analytics Software Market Size

Download the Free Report Sample to Unlock the Advanced Predictive Analytics Software Market Size for the Forecast Period and Other Important Statistics

 

Advanced Predictive Analytics Software Market: Key Drivers, Trends, and Challenges

The use of advanced and predictive analytics in fraud detection is notably driving the advanced predictive analytics software market growth, although factors such as data privacy and regulations may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the advanced predictive analytics software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Advanced Predictive Analytics Software Market Driver

One of the key factors driving the advanced predictive analytics software market growth is the use of advanced and predictive analytics in fraud detection. With the advent of big data and an increase in the number of transactions in almost every industry, the number of fraudulent cases is increasing rapidly. Fraud in an organization can lead to massive revenue loss, in addition to operational inefficiency. Moreover, the different types of fraudulent activities are increasing in comparison with the total number of transactions, which makes it difficult to identify a particular transaction as a fraudulent transaction. Anomaly detection and various rule-based methods have been implemented by many organizations to detect and prevent fraud. The use of predictive analytics aids in detecting and overcoming frauds, thus, helps companies and individuals protect their money. This will drive the growth of the global advanced predictive analytics software market.

Key Advanced Predictive Analytics Software Market Trend

Growing number of acquisitions and partnerships is the major trend influencing the advanced predictive analytics software market growth. To gain a competitive edge over contenders, vendors are investing in the development and provision of advanced and predictive analytics. Vendors operating in the market are forming strategic partnerships and acquiring other vendors. Market participants are opting for partnerships and acquisitions to get new clients and access new technologies that can help them improve their product portfolio. In many cases, partnerships and acquisitions help market players expand their geographic footprint to new regions. For instance, in July 2019, Larsen & Toubro Infotech Ltd. (L&T Infotech) acquired Lymbyc Solutions Pvt. Ltd., an advanced analytics company. The acquisition will help L&T Infotech in enhancing its digital and analytics offerings. The increasing number of strategic partnerships and acquisitions between vendors is expected to lead to product innovations and increase the demand for advanced and predictive analytics during the forecast period.

Key Advanced Predictive Analytics Software Market Challenge

Data privacy and regulations is one of the key challenges hindering the advanced predictive analytics software market growth. Advanced predictive analytics software's are used to analyze datasets and generate trends, patterns, and predictions associated with the data. The software require large, multiple datasets for analysis to achieve a high level of accuracy in predictions. Hence, it is imperative for enterprises to efficiently collect and maintain data from their various operations and functions for analysis through advanced predictive analytics software. Data privacy issues are a result of the software ability to make autonomous decisions and take actions aimed at success. Companies are using data anonymization techniques; they generalize the key details of a data point to prevent a data breach in regard to analytics software. These modifications are applied to data before the data is shared with enterprises. However, such sensitive data is key to predictive analytics software for generating predictions and forecasts. Thus, ensuring the privacy and anonymity of data points and large amounts of data by companies are emerging as major challenges for the global advanced predictive analytics software market.

This advanced predictive analytics software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global advanced predictive analytics software market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the advanced predictive analytics software market during the forecast period.

Who are the Major Advanced Predictive Analytics Software Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alteryx Inc.
  • CGI Inc.
  • Fair Isaac Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE
  • SAS Institute Inc.
  • The MathWorks Inc.
  • TIBCO Software Inc.

 

This statistical study of the advanced predictive analytics software market encompasses successful business strategies deployed by the key vendors. The advanced predictive analytics software market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

Product Insights and News

  • Alteryx Inc. - The company offers solutions for full analytics lifecycle sourcing, blending, visualization. Some of these advanced analytics include In Database Analytics, Predictive Analytics, Data Mining, Prescriptive Analytics.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The advanced predictive analytics software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Advanced Predictive Analytics Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the advanced predictive analytics software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Advanced Predictive Analytics Software Market?

Advanced Predictive Analytics Software Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

45% of the market's growth will originate from North America during the forecast period. US is the key market for advanced predictive analytics software in North America. Market growth in this region will be faster than the growth of the market in Europe regions.

High adoption of cloud and big data analysis to draw business insights will facilitate the advanced predictive analytics software market growth in North America over the forecast period. In this region, data generated from industries such as telecommunication, manufacturing, retail, and energy is increasing, which is driving the demand for advanced predictive analytics software. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The spread of the COVID-19 pandemic has led to a spike in demand for advanced predictive analytics software in many North American countries such as the US, Canada, and Mexico. There was also an increased demand in 2020 for the latest information of the businesses on the basis of the impact of COVID-19 on various sectors. Hence, there will be a positive impact on the market in focus during the rest of the forecast period. However, the high demand for advanced predictive analytics software is likely to revert to normalcy after 2021 owing to the lack of increased requirements in the region due to a stable and predictable market scenario post the pandemic.

What are the Revenue-generating Deployment Segments in the Advanced Predictive Analytics Software Market?

Advanced Predictive Analytics Software Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The advanced predictive analytics software market share growth by the cloud will be significant during the forecast period. The cloud segment of the global advanced predictive analytics software market is growing at a significant pace, owing to the increasing adoption of cloud computing by enterprises globally.

Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the advanced predictive analytics software market size and actionable market insights on post COVID-19 impact on each segment.

 

Advanced Predictive Analytics Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 18.36%

Market growth 2021-2025

$ 9.35 billion

Market structure

Fragmented

YoY growth (%)

16.92

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 45%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alteryx Inc., CGI Inc., Fair Isaac Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., The MathWorks Inc., and TIBCO Software Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Advanced Predictive Analytics Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive advanced predictive analytics software market growth during the next five years
  • Precise estimation of the advanced predictive analytics software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the advanced predictive analytics software industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of advanced predictive analytics software market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Application Software

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five Forces Summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Deployment

  • 5.1 Market segments
    • Exhibit 15: Deployment - Market share 2020-2025 (%)
  • 5.2 Comparison by Deployment
    • Exhibit 16: Comparison by Deployment
  • 5.3 Cloud - Market size and forecast 2020-2025
    • Exhibit 17: Cloud - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Cloud - Year-over-year growth 2020-2025 (%)
  • 5.4 On premise - Market size and forecast 2020-2025
    • Exhibit 19: On premise - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: On premise - Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Deployment
    • Exhibit 21: Market opportunity by Deployment

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 35: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 36: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 37: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 38: Vendor landscape
  • 9.3 Landscape disruption

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 41: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 42: Market positioning of vendors
  • 10.3 Alteryx Inc.
    • Exhibit 43: Alteryx Inc. - Overview
    • Exhibit 44: Alteryx Inc. - Product and service
    • Exhibit 45: Alteryx Inc. – Key news
    • Exhibit 46: Alteryx Inc. - Key offerings
  • 10.4 CGI Inc.
    • Exhibit 47: CGI Inc. - Overview
    • Exhibit 48: CGI Inc. - Business segments
    • Exhibit 49: CGI Inc. - Key offerings
    • Exhibit 50: CGI Inc. - Segment focus
  • 10.5 Fair Isaac Corp.
    • Exhibit 51: Fair Isaac Corp. - Overview
    • Exhibit 52: Fair Isaac Corp. - Business segments
    • Exhibit 53: Fair Isaac Corp. - Key offerings
    • Exhibit 54: Fair Isaac Corp. - Segment focus
  • 10.6 International Business Machines Corp.
    • Exhibit 55: International Business Machines Corp. - Overview
    • Exhibit 56: International Business Machines Corp. - Business segments
    • Exhibit 57: International Business Machines Corp. – Key news
    • Exhibit 58: International Business Machines Corp. - Key offerings
    • Exhibit 59: International Business Machines Corp. - Segment focus
  • 10.7 Microsoft Corp.
    • Exhibit 60: Microsoft Corp. - Overview
    • Exhibit 61: Microsoft Corp. - Business segments
    • Exhibit 62: Microsoft Corp. – Key news
    • Exhibit 63: Microsoft Corp. - Key offerings
    • Exhibit 64: Microsoft Corp. - Segment focus
  • 10.8 Oracle Corp.
    • Exhibit 65: Oracle Corp. - Overview
    • Exhibit 66: Oracle Corp. - Business segments
    • Exhibit 67: Oracle Corp. - Key offerings
    • Exhibit 68: Oracle Corp. - Segment focus
  • 10.9 SAP SE
    • Exhibit 69: SAP SE - Overview
    • Exhibit 70: SAP SE - Business segments
    • Exhibit 71: SAP SE – Key news
    • Exhibit 72: SAP SE - Key offerings
    • Exhibit 73: SAP SE - Segment focus
  • 10.10 SAS Institute Inc.
    • Exhibit 74: SAS Institute Inc. - Overview
    • Exhibit 75: SAS Institute Inc. - Product and service
    • Exhibit 76: SAS Institute Inc. - Key offerings
  • 10.11 The MathWorks Inc.
    • Exhibit 77: The MathWorks Inc. - Overview
    • Exhibit 78: The MathWorks Inc. - Product and service
    • Exhibit 79: The MathWorks Inc. - Key offerings
  • 10.12 TIBCO Software Inc.
    • Exhibit 80: TIBCO Software Inc. - Overview
    • Exhibit 81: TIBCO Software Inc. - Product and service
    • Exhibit 82: TIBCO Software Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 83: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 84: Research Methodology
    • Exhibit 85: Validation techniques employed for market sizing
    • Exhibit 86: Information sources
  • 11.4 List of abbreviations
    • Exhibit 87: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
Advanced Predictive Analytics Software Market market growth will increase by $9.35 bn during 2021-2025.
The advanced predictive analytics software market market is expected to grow at a CAGR of 18.36% during 2021-2025.
Technavio has segmented the advanced predictive analytics software market market by deployment (cloud and on premise) ,geography (North America, Europe, APAC, South America, and MEA) , and geographic (North America, Europe, APAC, South America, and MEA).
Alteryx Inc., CGI Inc., Fair Isaac Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., The MathWorks Inc., TIBCO Software Inc. are a few of the key vendors in the advanced predictive analytics software market market.
North America will register the highest growth rate of 45% among the other regions. Therefore, the advanced predictive analytics software market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the advanced predictive analytics software market market growth are:
  • Use of advanced and predictive analytics in fraud detection
  • ML in predictive analytics
The advanced predictive analytics software market market vendors should focus on grabbing business opportunities from the cloud segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>