Dublin, Feb. 02, 2024 (GLOBE NEWSWIRE) -- The "Global Predictive Analytics Market by Solution (Customer Analytics, Financial Analytics, Marketing Analytics), Services (Managed Services, Professional Services, Support & Maintenance Services), Industry, Enterprise Size - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
New research on the Predictive Analytics Market has emerged, highlighting its upward trajectory from USD 27.21 billion in 2023 to an anticipated USD 75.58 billion by 2030, with a robust Compound Annual Growth Rate (CAGR) of 15.71%. This comprehensive report offers a granular analysis of market dynamics, including an exploration of various solutions and services alongside industry-specific applications.
Market Insights and Future Outlook
The demand for predictive analytics is increasingly propelled by the need for customer and financial analytics solutions — these segments embody a significant market share and are crucial in forecasting consumer behavior, optimizing financial operations, and enhancing strategic marketing efforts.
Enhanced data-driven decision-making across small, medium, and large enterprises is necessitating advanced analytics solutions. This requirement is further accentuated in sectors such as Banking, Financial Services & Insurance (BFSI), Healthcare & Life Sciences, and IT, which are embracing predictive analytics for risk mitigation, operational efficiency, and personalized customer experiences.
Services and Industry Segmentation Overview
- Managed Services
- Professional Services
- Support & Maintenance Services
These essential service categories have been systematically evaluated to offer stakeholders a nuanced understanding of the market's service-based intricacies.
A dive into the industry-specific breakout reveals the impact of predictive analytics on various sectors:
- Aerospace & Defense
- Automotive & Transportation
- Consumer Goods & Retail
- Energy & Utilities
- Government & Public Sector
Regional Market Expansion
Geographic analysis uncovers trends and growth opportunities in the Americas, EMEA (Europe, Middle East, and Africa), and the burgeoning Asia-Pacific region, earmarking countries like the United States, China, and India as key players due to their technology adoption rates and innovative ecosystems.
Competitive Landscape and Key Player Strategies
In-depth profiles of industry leaders offer detailed analysis and benchmarks against which other market participants can measure their performance. These insights serve as a guide to emerging and established companies aiming to expand their competitive advantage and market presence.
Report Offerings
Key deliverables of the report encompass:
- Market Penetration: High-precision insights into the performance of established players within the Predictive Analytics Market.
- Market Development: Identifies emerging markets and explores penetration across mature segments.
- Market Diversification: Extensive data on new product launches, untapped regions, and investment opportunities.
- Competitive Assessment & Intelligence: Comprehensive market share analysis complemented by strategic insights.
- Product Development & Innovation: Focused look on upcoming technologies, R&D activities, and innovative market developments.
This report is invaluable for businesses aiming to solidify their foothold in the Predictive Analytics Market or those seeking to capitalize on the vast opportunities present in this accelerating field.
Thoughtful businesses and interested stakeholders can explore the full breadth of market insights and delve into strategic analyses to form robust operative decisions, reflective of current trends and future market potentials.
For more information about this report visit https://www.researchandmarkets.com/r/fsktgm
Key Attributes
| Report Attribute | Details |
| No. of Pages | 198 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $31.35 Billion |
| Forecasted Market Value (USD) by 2030 | $75.58 Billion |
| Compound Annual Growth Rate | 15.7% |
| Regions Covered | Global |
Companies Mentioned
- Alteryx, Inc.
- Amazon Web Services, Inc
- AT&T Inc.
- Board International S.A.
- Dataiku
- Google LLC
- Happiest Minds Technologies Pvt. Ltd.
- Hewlett Packard Enterprise Company
- Hitachi Vantara LLC
- Infor
- International Business Machines Corporation
- MathWorks, Inc.
- Microsoft Corporation
- Oracle Corporation
- QlikTech International AB
- SAP SE
Key Topics Covered:
- Preface:
- Objectives of the Study
- Market Segmentation & Coverage
- Years Considered for the Study
- Currency & Pricing
- Language
- Limitations
- Assumptions
- Stakeholders
- Research Methodology:
- Research Objective
- Research Design
- Research Instrument
- Data Source
- Data Interpretation
- Data Verification
- Research Report
- Report Update
- Executive Summary
- Market Overview:
- Introduction
- Predictive Analytics Market, by Region
- Market Insights:
- Market Dynamics
- Drivers: Fact-based decision making, predicting uncertainties or behavior, predicting trends, customer behavior, improving business performance, minimizing risk, identifying fraud, pursuing new revenue opportunities
- Restraints: Skill gap required to draw insight from data
- Opportunities: Integration of advanced technologies, increasing penetration of cloud-based services by enterprises
- Challenges: Issues with privacy and ownership of data
- Market Segmentation Analysis
- Market Trend Analysis
- Cumulative Impact of High Inflation
- Porter's Five Forces Analysis
- Value Chain & Critical Path Analysis
- Regulatory Framework
- Market Dynamics
- Predictive Analytics Market, by Solution:
- Introduction
- Customer Analytics
- Financial Analytics
- Marketing Analytics
- Network Analytics
- Risk Analytics
- Sales Analytics
- Supply Chain Analytics
- Web & Social Media Analytics
- Predictive Analytics Market, by Services:
- Introduction
- Managed Services
- Professional Services
- Support & Maintenance Services
- Predictive Analytics Market, by Industry:
- Introduction
- Aerospace & Defense
- Automotive & Transportation
- Banking, Financial Services & Insurance
- Building, Construction & Real Estate
- Consumer Goods & Retail
- Education
- Energy & Utilities
- Government & Public Sector
- Healthcare & Life Sciences
- Information Technology
- Manufacturing
- Media & Entertainment
- Telecommunication
- Travel & Hospitality
- Predictive Analytics Market, by Enterprise Size:
- Introduction
- Large Enterprises
- Small & Medium Enterprises
- Americas Predictive Analytics Market:
- Introduction
- Argentina
- Brazil
- Canada
- Mexico
- United States
- Asia-Pacific Predictive Analytics Market:
- Introduction
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa Predictive Analytics Market:
- Introduction
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Competitive Landscape:
- FPNV Positioning Matrix
- Market Share Analysis, By Key Player
- Competitive Scenario Analysis, By Key Player
- Competitive Portfolio:
- Key Company Profiles
- Alteryx, Inc.
- Amazon Web Services, Inc
- AT&T Inc.
- Board International S.A.
- Dataiku
- Google LLC
- Happiest Minds Technologies Pvt. Ltd.
- Hewlett Packard Enterprise Company
- Hitachi Vantara LLC
- Infor
- International Business Machines Corporation
- MathWorks, Inc.
- Microsoft Corporation
- Oracle Corporation
- QlikTech International AB
- SAP SE
- Key Product Portfolio
- Appendix:
- Discussion Guide
- License & Pricing
For more information about this report visit https://www.researchandmarkets.com/r/fsktgm
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