Predictive Analytics Market Analysis by Top Manufacturers with Recent Trends 2026
Market Summary The global predictive analytics market is forecast to reach USD 28.19 Billion by 2026, according to a new report by Reports and Data. Predictive analysis can be an essential business tool for planning, technology management, and decision making, by extracting information from existing data sets. Predictive models are used to analyze existing data and find hidden trends to understand customers and future opportunities & risks better. These business intelligence models gain insights by integrating data mining, artificial intelligence, statistical modeling, machine learning, and other data technologies. Business functions such as finance, marketing, retail, insurance, tourism, healthcare & pharmaceutical, and utility firms rely on these models to forecast and improve customer experience. For example, Netflix learns about the movies their viewers are likely to enjoy, and Amazon predicts what a customer would buy.
Market Summary Our Approach Among the end uses, financial management accounted for the largest market share of ~18% in the year 2018. Analysis of the expenditures of the firm helps them to gain insights into their purchasing activities to reduce costs and improve supplier compliance. The upcoming trend of big data analytics and customer analytics will further contribute to the growth of the segment and will provide organizations with enhanced efficiency and profitability. The customer behavior analysis is forecasted to witness the highest growth rate of 23.5% during the forecast period. The technology can be used for integrating data with the use of algorithms and artificial intelligence for forecasting future consumer trends. It is used to find the buying behavior and analyze the needs and preferences of the consumers. Moreover, it is the analysis of the way the customers interact with the business. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2320
Market Summary Our Approach
Key participants - Alteryx, Inc., Angoss Software Corporation, Domino Data Lab, Fair Isaac Corporation (FICO), International Business Machines (IBM) Corporation, Information Builders, KNIME.com AG, Microsoft Corporation, NTT DATA Corporation, Oracle Corporation, Predixion Software, RapidMiner, QlikTech International, SAP SE, SAS Institute, Inc., Tableau Software, Inc., TIBCO Software, Inc., and Teradata Corporation, among others. For the purpose of this report, Reports and Data has segmented the Predictive Analytics market on the basis of nutrient type, consumer type, end use, and region: End-Use Outlook (Revenue, USD Billion; 2016-2026) Sales and Marketing Management Financial Management Customer Behavior Analysis Supply Chain Management Network Traffic Management Demand And Supply Forecasting Risk Management and Fraud Detection Others
Market Summary Our Approach Industry Vertical Outlook (Revenue, USD Billion; 2016-2026) Government and Defense Healthcare and Life Sciences Manufacturing Retail and E-commerce IT and Telecommunication Energy and Utilities Banking, Financial services, and Insurance (BFSI) Others Order Now: https://www.reportsanddata.com/discount-enquiry-form/2320 Regional Outlook (Revenue in USD Million; 2016–2026) North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia)
Market Summary Our Approach Key points from Table of Content: Chapter 1. Market Synopsis
Chapter 2. Executive Summary Chapter 3. Indicative Metrics Chapter 4. Predictive Analytics Segmentation & Impact Analysis Chapter 5. Predictive Analytics Market By Product Type Insights & Trends Chapter 6. Predictive Analytics Market By Application Insights & Trends‌Continued Get full Report: https://www.reportsanddata.com/report-detail/predictive-analytics-market
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