Predictive Analytics Market Size with Growth Opportunities, Top Countries Data, Future Trends and Share with Revenue Forecast 2022 to 2031

Posted on 2022-08-04 by Sandeep in Chemicals // 0 Comments

New York, 2022-Aug-04 — /EPR Network/ — According to a new market research report published by Global Insight Services “Predictive Analytics Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Predictive analytics market technology is a branch of data science that deals with making predictions about future events based on historical data. This technology is used in a variety of fields, such as marketing, finance, and healthcare.

Predictive analytics uses a variety of methods to make predictions, such as statistical modeling, machine learning, and artificial intelligence. These methods are used to analyze data from a variety of sources, such as customer data, financial data, and social media data.

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Key Players

IBM Corporation
SAP ERP
Microsoft Corporation
Siemens AG
General Electric Company
Schneider Electric SE
NTT Data Corporation

Key Trends and Drivers

Some of the key trends in predictive analytics market are:

Predictive analytics is being used for a wide range of applications such as fraud detection, risk management, customer segmentation, and marketing campaign management.
The increasing availability of data is one of the major drivers of the predictive analytics market. Organizations are increasingly generating large amounts of data from various sources such as social media, transaction data, and clickstream data.
The rising need for better decision-making is another major factor driving the growth of the predictive analytics market. Organizations are using predictive analytics to gain insights into future trends and make better decisions.
The growing popularity of cloud-based predictive analytics solutions is another key trend in the market. Cloud-based solutions offer flexibility and scalability, which are important factors for organizations.

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Market Segments

By Solution

Customer Analytics
Financial Analytics
Marketing & Sales Analytics
Network Analytics
Risk Analytics
Supply Chain Analytics
Web & Social Media Analytics
Others

By Service

Deployment/ Installation
Support & Maintenance
Training & Consulting

By Deployment

Cloud
On-Premise

By Enterprise size

Small & Medium Enterprises
Large Enterprises

By End-Use

Aerospace & Defense
Automotive & Transportation
BFSI
Healthcare
IT & Telecommunication
Media & Entertainment
Retail & Ecommerce
Others

Reasons to buy Predictive Analytics Market Report:

Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
Develop business and M&A strategies through understanding of latest trends and emerging players in the market
Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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