Predictive Analytics Market 2023 | Key Executives, Product portfolio, Business performance

"The Global Predictive Analytics Market size was estimated at USD 7.32 Bn in 2021 and is expected to hit around USD 35.45 Bn by 2030, projected to grow at a CAGR of 21.7% from 2022 to 2030."

The Predictive Analytics Market Research Study evaluates the key market trends, drivers, and factors shaping the global outlook. It breaks down the forecast by type, application, geography, and market size to highlight emerging pockets of opportunity.

Increasing use of predictive modeling tools, a rise in government spending on Big Data efforts, and rising use of Big Data technologies are some of the key drivers propelling the growth of the global predictive analytics market. However, a lack of highly qualified IT workers and hefty implementation costs are expected to limit industry expansion. On the other hand, during the analysis, it is projected that incorporating IoT and AI in predictive analytics and the surge in demand for predictive analytics by SMEs would offer lucrative growth prospects.

It is projected that between 2022 and 2030, the Predictive Analytics Market will grow significantly. The market is continuously expanding in 2021. The market is anticipated to grow throughout the expected time frame due to the increased adoption of strategies by major players, types, and geographical analysis.

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The Global Predictive Analytics Market size was estimated at USD 7.32 Bn in 2021 and is expected to hit around USD 35.45 Bn by 2030, projected to grow at a CAGR of 21.7% from 2022 to 2030.

What are Industry Insights?

According to the forecast, the Global Predictive Analytics Market is expected to experience significant growth from 2022 to 2030. The market is currently showing steady growth in 2023, and with the implementation of strategic measures by key players, it is projected to expand further during the forecast period.

Key Players Of The Report:

Fair Isaac Corporation
Information Builders
International Business Machines Corporation
KNIME
Microsoft Corporation
Oracle Corporation
SAP SE
SAS Institute Inc.
TIBCO Software Inc
And Others

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Global Artificial Neural Network Market: Drivers and Restraints: -

Predictive Analytics Market Important market players and their earnings, company plans, most recent advancements, and growth rates are examined. Recent actions done by these businesses, such as introducing new products or services, research projects, geographic expansions, and technological developments, are considered when evaluating their standing in this market. The most recent additions, plant turnarounds, investments, mergers, and acquisitions of important industry actors are also covered in the report.

On the other hand, several barriers prevent the market for blood glucose meters from expanding. These include slower industrial sales volume than expected in the past and the future, economic restrictions on emerging countries, and other commercial market difficulties in specific countries.

Predictive Analytics Market, By Deployment Mode:

On-premises
Cloud

Predictive Analytics Market, By Organization Size:

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

Regional Analysis:

The Global Predictive Analytics Market Report provides information on the international markets, fundamental analysis, and critical region's development status. In addition to analyzing development policies and plans, this article examines manufacturing processes and cost structures.

The following areas are covered in the Predictive Analytics Market Report:

(North America (the United States, Canada & Mexico)
Asia-Pacific (Japan, China, India, Australia, etc.)
Europe (Germany, UK, France, etc.)
Central & South America (Brazil, Argentina, etc.)
the Middle East & Africa (United Arab Emirates, Saudi Arabia, South Africa, etc.)
Customization of the Report

Your report's specifics can be changed with our research specialists' assistance regarding a specific region, application, or statistical information. You can modify your account with the service of our research analysts to get personalized information.

Feel Free to Contact Us for any customization in this report: https://www.factualmarketresearch.com/Request-for-customization/12257

Target Audience Artificial Neural Network Market:

Manufacturer / Potential Investors
Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
Association and government bodies.

FAQ's:

[1] Who are the global manufacturers of Predictive Analytics? What is their market share, price, volume, SWOT analysis, competitive environment, and future growth plans?

[2] What are the main forces influencing the growth and development of Predictive Analytics and its obstacles?

[3] How is Predictive Analytics expected to grow in the projected period?

[4] How has COVID-19 affected the Predictive Analytics, and has any regulatory policy framework changed?

[5] What are the main Predictive Analytics product categories and application areas where there will be a lot of demand throughout the projection period?

[6] What are the leading products and fresh approaches Predictive Analytics has taken?

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