Press release
Predictive Analytics Market Size, Share, Growth, Report and Forecast 2024-2032
Predictive Analytics Market Outlook
According to the report by Expert Market Research (EMR), the global predictive analytics market size reached a value of USD 15.70 billion in 2023. Aided by the bolster customer experience and redefine business operations, the market is projected to further grow at a CAGR of 21.7% between 2024 and 2032 to reach a value of USD 91.93 billion by 2032.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/predictive-analytics-market/requestsample
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's a form of advanced analytics that not only offers insights into what might happen in the future but also provides a high degree of precision that can be a game-changer for business strategies.
The predictive analytics market growth is propelled by the digital transformation that has engulfed the global economy. Businesses are inundated with vast amounts of data generated from digital interactions, transactions, and IoT devices. This proliferation of data presents an opportunity to glean insights that can drive smarter, data-driven decisions. Predictive analytics taps into this data goldmine, enabling organisations to forecast trends, understand customer behaviour, optimise operations, and mitigate risks.
Several key factors influence the predictive analytics market outlook. The advent of big data technologies and cloud computing has democratised access to powerful analytical tools, allowing companies of all sizes to leverage predictive insights. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) has enhanced the accuracy and capabilities of predictive models, making them more effective in navigating the complexities of modern business landscapes.
As per the predictive analytics market analysis, the applications of predictive analytics are vast and varied, spanning across industries such as finance, healthcare, retail, manufacturing, and more. In finance, it's used to assess credit risks and detect fraudulent activities. In healthcare, predictive models can forecast patient outcomes and aid in personalised medicine. Retailers utilise predictive analytics for inventory management, demand forecasting, and customer segmentation, while manufacturers leverage it for predictive maintenance and supply chain optimisation.
Looking ahead, the future of predictive analytics shines bright with potential. As businesses increasingly recognise the value of being proactive rather than reactive, the demand for predictive analytics is set to soar. The next frontier involves the convergence of predictive analytics with emerging technologies such as edge computing and blockchain, which could further enhance its impact and applicability.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/predictive-analytics-market
Predictive Analytics Market Segmentation
The market can be divided based on component, organisation size, deployment, end use, and region.
Market Breakup by Component
Solutions
Services
Market Breakup by Organisation Size
Small and Medium Sized Enterprises (SMEs)
Large Size Enterprises
Market Breakup by Deployment
Cloud
On-premise
Market Breakup by End Use
BFSI
Healthcare and Life Sciences
Manufacturing
Retail and E-commerce
Government
Transportation and Logistics
IT and Telecom
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global predictive analytics market. Some of the major players explored in the report by Expert Market Research are as follows:
IBM Corporation
Microsoft Corporation
Amazon Web Services, Inc.
Google LLC
Hewlett Packard Enterprise Development LP
Oracle Corporation
SAS Institute Inc.
SAP SE
TIBCO Software Inc.
Alteryx, Inc.
Others
Read More Reports:
3D Telepresence Market: https://www.expertmarketresearch.com/reports/3d-telepresence-market
United States Liqueur Market: https://www.expertmarketresearch.com/reports/united-states-liqueur-market
Thin Film Solar Cell Market: https://www.expertmarketresearch.com/reports/thin-film-solar-cell-market
Africa and Middle East Automotive Actuators Market: https://www.expertmarketresearch.com/reports/africa-and-middle-east-automotive-actuators-market
Media Contact:
Company Name: Claight Corporation
Contact Person: George buttler, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
According to the report by Expert Market Research (EMR), the global predictive analytics market size reached a value of USD 15.70 billion in 2023. Aided by the bolster customer experience and redefine business operations, the market is projected to further grow at a CAGR of 21.7% between 2024 and 2032 to reach a value of USD 91.93 billion by 2032.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/predictive-analytics-market/requestsample
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's a form of advanced analytics that not only offers insights into what might happen in the future but also provides a high degree of precision that can be a game-changer for business strategies.
The predictive analytics market growth is propelled by the digital transformation that has engulfed the global economy. Businesses are inundated with vast amounts of data generated from digital interactions, transactions, and IoT devices. This proliferation of data presents an opportunity to glean insights that can drive smarter, data-driven decisions. Predictive analytics taps into this data goldmine, enabling organisations to forecast trends, understand customer behaviour, optimise operations, and mitigate risks.
Several key factors influence the predictive analytics market outlook. The advent of big data technologies and cloud computing has democratised access to powerful analytical tools, allowing companies of all sizes to leverage predictive insights. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) has enhanced the accuracy and capabilities of predictive models, making them more effective in navigating the complexities of modern business landscapes.
As per the predictive analytics market analysis, the applications of predictive analytics are vast and varied, spanning across industries such as finance, healthcare, retail, manufacturing, and more. In finance, it's used to assess credit risks and detect fraudulent activities. In healthcare, predictive models can forecast patient outcomes and aid in personalised medicine. Retailers utilise predictive analytics for inventory management, demand forecasting, and customer segmentation, while manufacturers leverage it for predictive maintenance and supply chain optimisation.
Looking ahead, the future of predictive analytics shines bright with potential. As businesses increasingly recognise the value of being proactive rather than reactive, the demand for predictive analytics is set to soar. The next frontier involves the convergence of predictive analytics with emerging technologies such as edge computing and blockchain, which could further enhance its impact and applicability.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/predictive-analytics-market
Predictive Analytics Market Segmentation
The market can be divided based on component, organisation size, deployment, end use, and region.
Market Breakup by Component
Solutions
Services
Market Breakup by Organisation Size
Small and Medium Sized Enterprises (SMEs)
Large Size Enterprises
Market Breakup by Deployment
Cloud
On-premise
Market Breakup by End Use
BFSI
Healthcare and Life Sciences
Manufacturing
Retail and E-commerce
Government
Transportation and Logistics
IT and Telecom
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global predictive analytics market. Some of the major players explored in the report by Expert Market Research are as follows:
IBM Corporation
Microsoft Corporation
Amazon Web Services, Inc.
Google LLC
Hewlett Packard Enterprise Development LP
Oracle Corporation
SAS Institute Inc.
SAP SE
TIBCO Software Inc.
Alteryx, Inc.
Others
Read More Reports:
3D Telepresence Market: https://www.expertmarketresearch.com/reports/3d-telepresence-market
United States Liqueur Market: https://www.expertmarketresearch.com/reports/united-states-liqueur-market
Thin Film Solar Cell Market: https://www.expertmarketresearch.com/reports/thin-film-solar-cell-market
Africa and Middle East Automotive Actuators Market: https://www.expertmarketresearch.com/reports/africa-and-middle-east-automotive-actuators-market
Media Contact:
Company Name: Claight Corporation
Contact Person: George buttler, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
