Predictive analytics is the branch of the advanced analytics which is used to make predictions about unknown future events. Predictive analytics uses many techniques from data mining, statistics, modeling, machine learning, and artificial intelligence to analyze current data to make predictions about future. The Banking, Financial Services, and Insurance (BFSI) industry vertical is projected to have the largest market share and is expected to lead the market during the forecast period. The financial organizations, through their credit scoring techniques, try to minimize frauds and risks. Predictive analytics introduces the forward-looking perspectives of businesses to its existing processes. Market Analysis and Insights: Global Predictive Analytics Market The global Predictive Analytics market size is projected to reach US$ 13170 million by 2027, from US$ 5592.8 million in 2020, at a CAGR of 12.5% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Predictive Analytics market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Predictive Analytics market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Predictive Analytics market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Predictive Analytics market. Global Predictive Analytics Scope and Market Size Predictive Analytics market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Predictive Analytics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Services Solutions Segment by Application Retail and E-commerce Manufacturing Government and Defense Healthcare and Life Sciences Energy and Utilities Telecommunication and IT Transportation and Logistics BFSI Others By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company IBM Oracle SAP Microsoft SAS Institute Fair Isaac NTT Data Tableau Software Tibco Software Rapidminer Angoss Software
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Predictive Analytics Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Services 1.2.3 Solutions 1.3 Market by Application 1.3.1 Global Predictive Analytics Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Retail and E-commerce 1.3.3 Manufacturing
