Predictive Analytics Market Share, Size, Forecast and Trends by 2025 |The Insight Partners
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<strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong> to <strong>2025</strong> - Global Analysis<br />
<strong>and</strong> <strong>Forecast</strong>s <strong>by</strong> Applications, Business Function,<br />
Deployment Model<br />
No of Pages: 150<br />
Publishing Date: Nov 2016<br />
Single User PDF: US$ 3900<br />
Website : www.theinsightpartners.com
<strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong> to <strong>2025</strong><br />
Introduction<br />
<strong>Predictive</strong> analytics is the combined use of data, statistical algorithms, <strong>and</strong> various machine-learning techniques to<br />
identify the prospect of future outcomes based on historical data. <strong>Predictive</strong> analysis is set to revolutionize the way<br />
modern day businesses are done. Underst<strong>and</strong>ing customer’s requirement well before <strong>and</strong> accordingly be ready will<br />
benefit the organizations to offer value added services to the end-users. Prediction would enable businesses to be<br />
ready with the required needs of the customers beforeh<strong>and</strong>. <strong>Forecast</strong>ing customer needs <strong>and</strong> accordingly designing<br />
products gives any organization a competitive edge. The olden day method of businesses initially making a product<br />
on the basis of market research, then taking feedback from customers is to be totally replaced <strong>by</strong> this technology.<br />
Customer Delight has been widely recognized <strong>by</strong> businesses worldwide as a crucial factor in maintaining long term<br />
relationships with the customers.<br />
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<strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong> to <strong>2025</strong><br />
In addition to customer delight, predictive analytics will enable companies to underst<strong>and</strong> the requirements of the<br />
end-user, this will prove a differentiating factor for businesses. The rapid technological advancements, boom in<br />
artificial intelligence <strong>and</strong> high competition have led to the growth of this market. The other drivers for the rapid<br />
growth of predictive analysis markets include increased usage of Big Data <strong>and</strong> cloud <strong>by</strong> organizations <strong>and</strong> growing<br />
need for product differentiation driving introduction <strong>and</strong> adoption of new technologies.<br />
Additionally, with advent of Big Data, predictive analysis is expected to be adopted in Finance <strong>and</strong> Human<br />
Resources. Application of this technique in sales <strong>and</strong> marketing management, operations & supply chain<br />
management has significantly benefitted the companies. Realizing its benefits <strong>and</strong> potentials further it is expected<br />
to be used in other applications such as workforce management <strong>and</strong> risk management.<br />
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<strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong> to <strong>2025</strong><br />
There are certain restraining factors for this market which are listed as complex analytical workflow <strong>and</strong> diversity of<br />
data models based on business needs. For predictive analysis to work successfully, it has a heap of challenges to<br />
overcome. Firstly, the pattern observed on which results are made can’t always be uniform. Different business<br />
models follow different pattern. Underst<strong>and</strong>ing each pattern <strong>and</strong> accordingly predicting the result is one of the<br />
challenges. The task is to convert the inconsistency into a consistent result. Furthermore, data integrity poses a<br />
bigger challenge in implementation of this technology in different end-user verticals.<br />
The global predictive analysis market has been segmented <strong>by</strong> applications into network management, risk<br />
management, sales <strong>and</strong> marketing management, workforce management, operations <strong>and</strong> supply chain<br />
management. Business functions segment is further divided into, sales, operations, marketing, human resource <strong>and</strong><br />
finance functions. In addition the global predictive analysis market has been further fragmented based on<br />
deployment models that are on-premise <strong>and</strong> on-dem<strong>and</strong> models.<br />
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<strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong> to <strong>2025</strong><br />
Region wise, North America leads the predictive analysis market due to technological advancements in this region,<br />
followed <strong>by</strong> Europe <strong>and</strong> APAC, these regions have shown considerable growth with developing countries in these<br />
regions showing interests in these technologies. Major players in predictive analytics market offering services <strong>and</strong><br />
solutions globally are SAS Institute, Teradata Corporation, Acxiom Corporation, SAP SE, Microsoft Corporation, IBM<br />
Corporation, Tableau Software Inc., Information Builders, Fair Isaac Corporation (FICO), <strong>and</strong> TIBCO Software Inc.<br />
The report provides qualitative <strong>and</strong> qualitative insights about growth rates, key market shares <strong>and</strong> factors driving<br />
the market drivers for all segments. The report highlights the growth rates <strong>and</strong> market sizes of various segment <strong>and</strong><br />
highlights the sections expected to experience high growth rate in various geographic segments. The report also<br />
consist of company profiles of the market leaders <strong>and</strong> various players in the <strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong>. These<br />
company profiles include product portfolios, market developments, financial performances <strong>and</strong> SWOT analysis for<br />
each company. The report also offers a competitive l<strong>and</strong>scape of the <strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong>.<br />
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<strong>Predictive</strong> <strong>Analytics</strong> <strong>Market</strong> to <strong>2025</strong><br />
Table of Content – An Overview<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> L<strong>and</strong>scape<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> – Key Industry Dynamics<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> – Five Forces Analysis<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> – Competitive L<strong>and</strong>scape<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> Revenue <strong>and</strong> <strong>Forecast</strong>s to <strong>2025</strong> – Applications<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> Revenue <strong>and</strong> <strong>Forecast</strong>s to <strong>2025</strong> – Business Functions<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> Revenue <strong>and</strong> <strong>Forecast</strong>s to <strong>2025</strong> – Deployment Models<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong> Revenue <strong>and</strong> <strong>Forecast</strong>s to <strong>2025</strong> – Geographical Analysis<br />
‣ <strong>Predictive</strong> Analysis <strong>Market</strong>, Key Company Profiles<br />
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our syndicated reports provide analysis of key trends, market size <strong>and</strong> shares, <strong>and</strong> competitive l<strong>and</strong>scape analysis.<br />
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