1 / 8

Predictive Analytics Market: Trends, Growth Drivers, and Future Projections

The global predictive analytics market is growing due to widespread adoption of big data and other related technologies, growing use of predictive modeling tools, and increase in adoption of digital solutions.

harshmehta
Download Presentation

Predictive Analytics Market: Trends, Growth Drivers, and Future Projections

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Predictive Analytics Market Overview The global predictive analytics market size was valued at $10.2 billion in 2023, and is projected to reach $63.3 billion by 2032, growing at a CAGR of 22.4% from 2024 to 2032. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 Research 𝐑𝐞𝐩𝐨𝐫𝐭 Predictive analytics refers to the use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. It aims to forecast trends and behaviors, enabling organizations to make data-driven decisions. By analyzing past data, predictive models can help businesses anticipate future events, such as customer behavior, market trends, and potential risks.Predictive analytics is commonly used in industries like marketing, finance, healthcare, and manufacturing to optimize operations and enhance decision-making processes.

  2. Covid-19 Impact The outbreak of COVID-19 is anticipated to have trivial impact on the growth predictive analytics market. This is attributed to increase in adoption of predictive analytics-based solutions to track the spread of coronavirus and forecast demand for healthcare resources, while working with healthcare institutions. Furthermore, market vendors are innovating products, which utilize predictive analytics in the healthcare industry to help in tackling the COVID-19 crisis. For instance, Cleveland Clinic and SAS have created innovative models that help hospitals to anticipate patient volume, bed capacity, and ventilator availability. Such innovations are further expected to offer lucrative opportunities for predictive analytics market post COVID-19.

  3. Predictive Analytics Market Segments • By Organization Size​ • ​ • Large Enterprises​ • SMEs​ • ​ By Component • Solution • Services • By Industry Vertical • BFSI • Healthcare • IT & Telecom • Manufacturing • Government and Public Sector • Retail & E-commerce • Others • By Deployment Mode​ • ​ • On-Premise​ • Cloud​ • ​

  4. Predictive AnalyticsMarket Regional Analysis • North America  (U.S., Canada, Mexico) • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe) • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific) • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)

  5. Key Players • IBM Corporation • SAP ERP • Microsoft Corporation • Siemens AG • General Electric Company • Schneider Electric SE • NTT Data Corporation • Oracle Corporation • SAS Institute, Inc • Tableau Software, Inc

  6. Contact Us David Correa 1209 Orange Street Corporation Trust Center Wilmington New Castle Delaware 19801 USA Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com

  7. Thank You​​ ​​

More Related