Global Predictive Analytics Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Global

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Global Predictive Analytics Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Predictive analytics is a variety of statistical techniques from predictive modelling, machine learning and data mining which analyse the current and past facts. The predictive analytics market value is estimated to reach up to $13.04 billion by the end of 2025 with a CAGR of 22.8% during the forecast period from $4.23 Billion in 2018. Emerging enterprises need for ensuring market competitiveness and increasing adoption of big data, and other related technologies are the major factors propelling the market growth of the global predictive analytics market. However, rising changes in regional data regulations are hampering the growth of the market. Increasing awareness for the development of better analytics tools and the advent of machine learning and artificial learning are anticipated to create ample opportunities in this market.

Research Study Objectives:

  • Define, estimate, and forecast the predictive analytics market statistics by type, deployment model, organisation size, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the predictive analytics market growth
  • Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
  • Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
  • Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the predictive analytics Market Analysis report.
  • Analysis and conclusions on the future predictive analytics market outlook.

Top-down and bottom-up approaches are used to validate the predictive analytics Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the

Global Predictive Analytics Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The predictive analytics market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the predictive analytics market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The predictive analytics market segmentation is as follows:

By Type

  • Solutions
    • Financial Analytics
      • Fraud Detection
      • Profitability Management
      • Governance and Compliance Management
      • Others
    • Risk Analytics
      • Cyber Risk Management
      • Operational Risk Management
      • Credit and Market Risk Management
      • Others
    • Marketing Analytics
      • Predictive Modelling
      • Yield Management
      • Product and Service Development Strategies
      • Others
    • Sales Analytics
      • Sales Life Cycle Management
      • Sales Rep Efficiency Management
      • Others
    • Customer Analytics
      • Customer Segmentation and Clustering
      • Customer Behavior Analysis
      • Monitoring Customer Loyalty and Satisfaction
      • Others
    • Web and Social Media Analytics
      • Social Media Management
      • Search Engine Optimization
      • Performance Monitoring
      • Competitor Benchmarking
    • Supply Chain Analytics
      • Distribution and Logistics Optimization
      • Inventory Management
      • Manufacturing Analysis
      • Others
    • Network Analytics
      • Intelligent Network Optimization
      • Traffic Management
      • Others
    • Others
  • Services
    • Professional Services
      • Consulting
      • System Integration and Deployment
      • Support and Maintenance
  • Managed Services

By Deployment model

  • On-Premises
  • Cloud

By Organisation size

  • Small and Medium-Sized Enterprises
  • Large Enterprises
    By End-user
  • Banking, Financial Services, and Insurance (BFSI)
  • Telecommunications and IT
  • Retail and E-commerce
  • Healthcare and Life Sciences
  • Manufacturing
  • Government and Defense
  • Energy and Utilities
  • Transportation and Logistics
  • Others

Geographical Analysis:

Predictive Analytics Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and

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Global Predictive Analytics Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the predictive analytics Market include:

  • Scope Revision
  • Geographic Analysis
  • Company Profiles
  • Historical Data & Forecasting
  • Key Contact Persons in companies

Global Predictive Analytics Market Research Report Includes:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
  • Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
  • Identifying DROC in the current market and their impact on altering market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
  • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the significant predictive analytics market players, such as
    • Oracle Corporation
    • SAP SE
    • Microsoft Corporation
    • SAS Institute, Inc.
    • Fair Isaac Corporation

Along with these companies, many other companies are considered in the report while analysing the global predictive analytics competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.

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