Predictive Analytics Market Overview, Forecast and Analysis to 2020

Press Release   •   Dec 10, 2015 15:44 EST

The global predictive analytics market to grow from USD 2.74billion in 2015 to USD 9.20 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 27.4%.The predictive analytics market is growing rapidly because of the transition from traditional Business Intelligence (BI) techniques to advanced analytics techniques and massive surge of structured and unstructured data. The report also helps in understanding the overall growth of the market. It provides information on key market drivers, restraints, challenges, and opportunities. This report segments the market into various sub-segments, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different end users and regions. Complete report on Predictive Analytics Market spread across 158 pages, profiling 14 companies and supported with 97 tables and 49 figures is now available at http://www.rnrmarketresearch.com/predictive-analytics-market-fraud-risk-marketing-operations-verticals-bfsi-healthcare-environment-government-retail-energy-manufacturing-transportation-travel-telecom-sports-worldw-market-report.html

Among business functions, human resource is expected to witness the highest growth rate. Network management is expected to witness the highest CAGR during from 2015 to 2020among applications. The North American region is expected to continue being the largest revenue generator region for predictive analytics vendors for the next five years, followed by Europe. The study validates the market size of segments and sub-segments through secondary research and in-depth primary interviews. Various industry leaders in Tier 1, Tier 2, and Tier 3 companies were contacted for primary interviews. The in-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the predictive analytics marketplace.The report includes the study of key players offering predictive analytics solutions and services: SAS Institute (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), FICO (U.S.), Oracle Corporation (U.S.), Tibco Software (U.S.), Alteryx (U.S.), Rapid Miner (U.S.) and Dell, Inc. (U.S.). Furthermore, the report also includes in-depth competitive analysis of the key players in the predictive analytics market, with their company profiles, SWOT analysis, recent developments, and key market strategies. Priced at $4650 for a single user PDF, a discount on “Predictive Analytics Market by Business Function, Applications (Risk Management, Operations Management, Sales Management, Supply Chain Management, Workforce Management), Organization Size, Deployment Model, Vertical, & by Region - Global Forecast to 2020” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=112720.

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