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Predictive Analytics Market by Deployment and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 141
  • SKU: IRTNTR73162
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The predictive analytics market share is expected to increase to USD 17.00 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 21.36%.

This predictive analytics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The predictive analytics market report also offers information on several market vendors, including Altair Engineering Inc., Alteryx Inc., Amazon.com Inc., Board International SA, Cloudera Inc., Domo Inc., Fair Isaac Corp., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., KNIME AG, Microsoft Corp., Oracle Corp., QlikTech International AB, RapidMiner Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Teradata Corp., and Vista Equity Partners Management LLC among others. Furthermore, this report extensively covers predictive analytics market segmentation by deployment (cloud-based and on-premises) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

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

Predictive Analytics Market Size

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

 

Predictive Analytics Market: Key Drivers, Trends, and Challenges

The requirement of advanced analytics for operational efficiency is notably driving the predictive analytics market growth, although factors such as data assumptions in the case of a predictive model 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 predictive analytics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Predictive Analytics Market Driver

One of the key factors driving the global predictive analytics market growth is the requirement of advanced analytics for operational efficiency. There is a growing realization of data as an asset for process enhancement, productivity, and operational proficiency. Predictive analytics enables the leadership of an enterprise to make sense of data and make strategic decisions in an effective, accurate, and quick manner. With its superior utilization and analysis of historical data, it drives competitive advantage for organizations in the modern world. Some of the critical use cases for predictive analytics are process optimization, failure point identification, scam detection, fraud mitigation, customer retention strategies, and strategic decision-making. Predictive analytics solutions provide both operational and cost reduction advantages, and in the current data-driven economy, they are continuously being perceived as instruments for gaining a competitive advantage. All these factors will drive the market growth during the forecast period.

Key Predictive Analytics Market Trend

Proliferation of advanced technologies, AI, and IoT is one of the key predictive analytics market trends that is expected to impact the industry positively in the forecast period. Increased acceptance of innovations and technological advances, such as AI, ML, blockchain, cloud computing, advanced analytics, big data, IoT, virtual assistants, automated vehicles, as well as augmented and virtual reality, is expected to pave the way for the adoption of predictive analytics throughout enterprises and industries. Due to the advent of IoT, there is a high rate of data production across every business process, which results in an increasing demand for sophisticated analytical capabilities provided by predictive analytics. For example, the IBM Predictive Customer Intelligence is required for churn reduction across the telecom sector. Such factors will further support the market growth in the coming years.

Key Predictive Analytics Market Challenge

One of the key challenges to the global predictive analytics market growth is the data assumptions in the case of a predictive model. Assumptions such as a linear relationship between the predicted and predictor variable may not be reasonable in every scenario. However, non-linear relationship assumptions lead to more challenging model implementation. The other key limitation of a predictive model is the absence of valid data for any predictive transaction. Data must be appropriate and sufficient for the model to work correctly and deliver meaningful insights. This generally leads to an increasing amount of noise being consumed by the predictive model leading to a phenomenon known as data overfitting, which results in the failure of the predictive analytics solution. Limitations of the model include decisions pertaining to the appropriate use of targeted variables, predictors, transformation, validity testing, and acceptable complexity of the predictive model. All this may limit the market growth in the coming years.

This predictive analytics 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 2022-2026.

Who are the Major Predictive Analytics Market Vendors?

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

 

  • Altair Engineering Inc.
  • Alteryx Inc.
  • Amazon.com Inc.
  • Board International SA
  • Cloudera Inc.
  • Domo Inc.
  • Fair Isaac Corp.
  • Hewlett Packard Enterprise Co.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • KNIME AG
  • Microsoft Corp.
  • Oracle Corp.
  • QlikTech international AB
  • RapidMiner Inc.
  • Salesforce.com Inc.
  • SAP SE
  • SAS Institute Inc.
  • Teradata Corp.
  • Vista Equity Partners Management LLC

 

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

Product Insights and News

  • Altair Engineering Inc. - The company offers a Predictive Analysis solution which is a Knowledge Studio for data scientists and business analysts that help generate actionable insight from their data. 
  • Altair Engineering Inc. - Through the software segment, the company offers software and related services. Software products offered by the company include solvers and optimization technology products, modeling and visualization tools, data analytics and analysis products, high-performance computing, software applications and hardware products, IoT platform, and analytics tools  

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 predictive analytics 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.

Parent Market Analysis

Technavio categorizes the global predictive analytics market as a part of the global data processing and outsourced services 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 predictive analytics market during the forecast period.

Which are the Key Regions for Predictive Analytics Market?

Predictive Analytics Market Market segmentation by region

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

The increased digitization and the early adoption of sophisticated technology will facilitate the predictive analytics market growth in North America over the forecast period. 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

During the COVID-19 pandemic in 2020, the healthcare industry was under tremendous pressure to improve and distribute personal protective equipment (PPE), ventilators, and preventive and antiviral medications all across the world. Since the outbreak of COVID-19, the use of predictive analytics in the healthcare industry has increased to improve chronic disease management, patient care, hospital administration, and supply chain efficiencies. Furthermore, increasing recovery rates, reviving economy of the region, and the shaping industries will foster the demand for predictive analytics in the region.

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

Predictive Analytics Market Segmentation

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The predictive analytics market share growth by the cloud-based segment will be significant during the forecast period. The growth is attributed to the preference for this model by vendors as it offers effective quality control, intuitiveness, and easy maintainability. Some of the most widely used cloud offerings include Salesforce, Amazon Web Services (AWS), Google Drive, One Drive, and Office 365.

This report provides an accurate prediction of the contribution of all the segments to the growth of the predictive analytics market size and actionable market insights on post COVID-19 impact on each segment.

Predictive Analytics Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the predictive analytics 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.

Predictive Analytics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 21.36%

Market growth 2022-2026

$ 17.00 billion

Market structure

Fragmented

YoY growth (%)

19.92

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Altair Engineering Inc., Alteryx Inc., Amazon.com Inc., Board International SA, Cloudera Inc., Domo Inc., Fair Isaac Corp., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., KNIME AG, Microsoft Corp., Oracle Corp., QlikTech international AB, RapidMiner Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Teradata Corp., and Vista Equity Partners Management LLC

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

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

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive predictive analytics market growth during the next five years
  • Precise estimation of the predictive analytics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the predictive analytics industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of predictive analytics market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Deployment

    • 5.1 Market segments
      • Exhibit 24: Chart on Deployment - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Deployment - Market share 2021-2026 (%)
    • 5.2 Comparison by Deployment
      • Exhibit 26: Chart on Comparison by Deployment
      • Exhibit 27: Data Table on Comparison by Deployment
    • 5.3 Cloud-based - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Cloud-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Cloud-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Cloud-based - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Cloud-based - Year-over-year growth 2021-2026 (%)
    • 5.4 On-premises - Market size and forecast 2021-2026
      • Exhibit 32: Chart on On-premises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on On-premises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on On-premises - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on On-premises - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Deployment
      • Exhibit 36: Market opportunity by Deployment ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Altair Engineering Inc.
              • Exhibit 89: Altair Engineering Inc. - Overview
              • Exhibit 90: Altair Engineering Inc. - Business segments
              • Exhibit 91: Altair Engineering Inc. - Key offerings
              • Exhibit 92: Altair Engineering Inc. - Segment focus
            • 10.4 Alteryx Inc.
              • Exhibit 93: Alteryx Inc. - Overview
              • Exhibit 94: Alteryx Inc. - Product / Service
              • Exhibit 95: Alteryx Inc. - Key news
              • Exhibit 96: Alteryx Inc. - Key offerings
            • 10.5 Fair Isaac Corp.
              • Exhibit 97: Fair Isaac Corp. - Overview
              • Exhibit 98: Fair Isaac Corp. - Business segments
              • Exhibit 99: Fair Isaac Corp. - Key news
              • Exhibit 100: Fair Isaac Corp. - Key offerings
              • Exhibit 101: Fair Isaac Corp. - Segment focus
            • 10.6 Hewlett Packard Enterprise Co.
              • Exhibit 102: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 103: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 104: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 105: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 106: Hewlett Packard Enterprise Co. - Segment focus
            • 10.7 International Business Machines Corp.
              • Exhibit 107: International Business Machines Corp. - Overview
              • Exhibit 108: International Business Machines Corp. - Business segments
              • Exhibit 109: International Business Machines Corp. - Key offerings
              • Exhibit 110: International Business Machines Corp. - Segment focus
            • 10.8 Microsoft Corp.
              • Exhibit 111: Microsoft Corp. - Overview
              • Exhibit 112: Microsoft Corp. - Business segments
              • Exhibit 113: Microsoft Corp. - Key news
              • Exhibit 114: Microsoft Corp. - Key offerings
              • Exhibit 115: Microsoft Corp. - Segment focus
            • 10.9 Oracle Corp.
              • Exhibit 116: Oracle Corp. - Overview
              • Exhibit 117: Oracle Corp. - Business segments
              • Exhibit 118: Oracle Corp. - Key news
              • Exhibit 119: Oracle Corp. - Key offerings
              • Exhibit 120: Oracle Corp. - Segment focus
            • 10.10 Salesforce.com Inc.
              • Exhibit 121: Salesforce.com Inc. - Overview
              • Exhibit 122: Salesforce.com Inc. - Product / Service
              • Exhibit 123: Salesforce.com Inc. - Key news
              • Exhibit 124: Salesforce.com Inc. - Key offerings
            • 10.11 SAP SE
              • Exhibit 125: SAP SE - Overview
              • Exhibit 126: SAP SE - Business segments
              • Exhibit 127: SAP SE - Key news
              • Exhibit 128: SAP SE - Key offerings
              • Exhibit 129: SAP SE - Segment focus
            • 10.12 Vista Equity Partners Management LLC
              • Exhibit 130: Vista Equity Partners Management LLC - Overview
              • Exhibit 131: Vista Equity Partners Management LLC - Product / Service
              • Exhibit 132: Vista Equity Partners Management LLC - Key news
              • Exhibit 133: Vista Equity Partners Management LLC - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 134: Inclusions checklist
                • Exhibit 135: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 136: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 137: Research methodology
                • Exhibit 138: Validation techniques employed for market sizing
                • Exhibit 139: Information sources
              • 11.5 List of abbreviations
                • Exhibit 140: 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
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              Predictive Analytics Market market growth will increase by $17.00 bn during 2022-2026.
              The predictive analytics market market is expected to grow at a CAGR of 21.36% during 2022-2026.
              Technavio has segmented the predictive analytics market market by deployment (Cloud-based and On-premises) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Altair Engineering Inc., Alteryx Inc., Amazon.com Inc., Board International SA, Cloudera Inc., Domo Inc., Fair Isaac Corp., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., KNIME AG, Microsoft Corp., Oracle Corp., QlikTech international AB, RapidMiner Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Teradata Corp., Vista Equity Partners Management LLC are a few of the key vendors in the predictive analytics market market.
              North America will register the highest growth rate of 45% among the other regions. Therefore, the predictive analytics market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the predictive analytics market market growth are:
              • requirement of advanced analytics for operational efficiency
              • Proliferation of advanced technologies, AI, and IoT
              The predictive analytics market market vendors should focus on grabbing business opportunities from the cloud-based 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?
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              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

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