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  • Predictive Analytics Global Market Data Analysis 2017 & Validation, Forecast 2023




    (I-SoftwareNews.Com, October 06, 2017 ) According to Publisher, the Global Predictive Analytics market is expected to grow from $3.89 billion in 2016 to reach $14.95 billion by 2023 with a CAGR of 21.2%. Growing adoption of big data and other related technologies, emergence of e-commerce and the growing data traffic are some of the key factors influencing the market growth. In addition, emergence of machine learning and artificial intelligence provides ample of opportunities for the market growth. However, time-consuming process of analysis, lack of awareness and unqualified professionals may restrain market growth.

    Request Sample Copy at http://www.reportsweb.com/inquiry&RW00011117663/sample

    Predictive analytics is the branch of the highly developed analytics which is used to make predictions about unknown future events. Predictive analytics uses many techniques from data mining, statistics, modelling, machine learning, and artificial intelligence to analyze current data to make predictions about future. The objective is to go beyond and know what has happened to provide a best estimation of what will happen in the future. This use of analytics will be helpful to avoid predicted problems, such as equipment failure or depleted stock, or to capitalize on opportunities to market products to customers, like targeting people in happy or dejecting moods after a sporting event.

    Due to its cost-effectiveness and easy worldwide accessibility cloud-based deployment model registered significant growth. Moreover, due to innovations in cloud technologies and increase in data generation from various constituents and customers, the cloud-based deployment model is gaining traction. North America held the largest market share and is anticipated to continue its dominance during the forecast period. This is mainly because of the presence of various developed economies, such as Canada and the US, and focus over innovating the existing solutions. Furthermore, early acceptance of technologies and high penetration in various industry verticals, such as manufacturing, healthcare, transportation, and logistics, are driving the growth of the market in this region.

    Some of the key players in global Predictive Analytics market include SAP SE, Oracle Corporation, Tibco Software, Inc., Tableau Software, Inc., SAS Institute, Inc., Microsoft Corporation, International Business Machines (IBM) Corporation, Fair Isaac Corporation (FICO), NTT Data Corporation, Rapidminer, Inc., Angoss Software Corporation, TIMi Suite, Predixion, Statsoft and GraphLab Create.

    Types Covered:
    -Services
    -Solutions

    Organisation Sizes Covered:
    -Large Enterprises
    -Small and Medium-Sized Enterprises

    Deployment Models Covered:
    -Cloud
    -On-Premises

    Applications Covered:
    -Customer & Channel
    -Finance and Risk
    -Sales & Marketing
    -Other Applications

    End Users Covered:
    -Transportation and Logistics
    -Manufacturing
    -Retail and Ecommerce
    -Banking, Financial Services, and Insurance
    -Healthcare and Life Sciences
    -Government and Defense
    -Energy and Utilities
    -Telecommunications and IT
    -Media and Entertainment
    -Engineering & Construction
    -Other End Users

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    Regions Covered:
    -North America
    US
    Canada
    Mexico
    -Europe
    Germany
    UK
    Italy
    France
    Spain
    Rest of Europe
    -Asia Pacific
    Japan
    China
    India
    Australia
    New Zealand
    South Korea
    Rest of Asia Pacific
    -South America
    Argentina
    Brazil
    Chile
    Rest of South America
    -Middle East & Africa
    Saudi Arabia
    UAE
    Qatar
    South Africa
    Rest of Middle East & Africa

    Company Profiling
    12.1 SAP SE
    12.2 Oracle Corporation
    12.3 Tibco Software, Inc.
    12.4 Tableau Software, Inc.
    12.5 SAS Institute, Inc.
    12.6 Microsoft Corporation
    12.7 International Business Machines (IBM) Corporation
    12.8 Fair Isaac Corporation (FICO)
    12.9 NTT Data Corporation
    12.10 Rapidminer, Inc.
    12.11 Angoss Software Corporation
    12.12 TIMi Suite
    12.13 Predixion
    12.14 Statsoft
    12.15 GraphLab Create

    For more information about this report: http://www.reportsweb.com/predictive-analytics-global-market-outlook-2017-2023

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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