openPR Logo
Press release

Global Predictive Analytics Market Growth, Key Players, Covid-19 Impact Analysis, Size, Demands, Trends and Forecasts to 2026

10-27-2021 01:50 PM CET | IT, New Media & Software

Press release from: ReportsnReports

The global Predictive Analytics market size to grow from USD 10.5 billion in 2021 to USD 28.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. Various factors such as increasing use of AI and ML and acquisitions and product launches in this market are expected to drive the adoption of Predictive Analytics software and services.

The report includes the study of key players offering Predictive Analytics solutions and services. It profiles major vendors in the global Predictive Analytics market. The major vendors in the global Predictive Analytics market include IBM (US), Microsoft (US), Oracle (US), SAP (Germany), SAS Institute (US), Google (US), Salesforce (US), AWS (US), HPE (US), Teradata (US), Alteryx (US), FICO (US), Altair (US), Domo (US), Cloudera (US), Board International (Switzerland), TIBCO Software (US), Hitachi Vantara (US), Qlik (US), Happiest Minds (India), Dataiku (US), RapidMiner (US), Biofourmis (US), In-med Prognostics (India), Aito.Ai (Finland), Symend (US), Onward Health (India), Unioncrate (US), CyberLabs (Brazil), Actify Data Labs (India), Amlgo Labs (India), and Verimos (US).

Get a Free Sample Copy of this Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=4989763

The spread of COVID-19 has been disrupting the world, businesses, and economies and has impacted the way of living of the masses and approaches adopted by enterprises for their business management. The ability of enterprises to sustain this pandemic has become new normal for them as they shift their focus from growth opportunities and concentrate on implementing measures to mitigate the impact of COVID-19. The upcoming analytics projects are kept on hold owing to the pandemic. Several companies are competing with each other to gain a single project. Businesses have already started their efforts to return to normal and are facing multiple challenges in terms of the impact of the pandemic on their customer base and operations. Meeting customer expectations in terms of optimization of processes and increased security concerns due to the presence of various connected networks, rise in connectivity issues, and decline in industrial and manufacturing operations are the key challenges faced by businesses. New practices such as work from home and social distancing are creating the requirement of the remote health monitoring of infected patients, smart payment technologies, and the development of digital infrastructures for large-scale technology deployments. With an increased focus on health, there has been a rise in the demand for health-related wearable devices. For instance, in August 2020, Fitbit announced ~34% growth in its smartwatch sales in the second quarter of 2020.

Cloud segment to account for higher CAGR during the forecast period
The Predictive Analytics market is bifurcated on the basis of cloud and on-premises. The market size of the cloud deployment mode is estimated to be larger and projected to have a higher CAGR during the forecast period. The cloud-based deployment helps businesses more efficiently process and report data findings, enhance collaboration, and enable decision-makers to get faster access to business intelligence leading to its higher adoption in the Predictive Analytics market.

Get 25% Discount on this Research Report at https://www.reportsnreports.com/contacts/discount.aspx?name=4989763

Large Enterprises segment to hold a larger market share during the forecast period
The Large Enterprises segment is a faster-growing segment in the Predictive Analytics market during the forecast period as cloud-based solutions and services help them improve business performance and enhance productivity. The adoption of Predictive Analytics solution and services among large enterprises is high due to the ever-increasing adoption of the cloud, and the trend is expected to continue during the forecast period.

Among regions, North America to hold largest market share during the forecast period
North America is expected to dominate the market due to early technology adoption and the presence of a large number of solution providers. The growing technology investments and improving penetration of the retail and manufacturing vertical are expected to drive the market growth of APAC during the forecast period. China, Japan, India and Singapore have displayed ample growth opportunities in the Predictive Analytics market.

Breakdown of primaries:
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the Predictive Analytics market.
• By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
• By Designation: C-Level Executives: 35%, D-Level Executives: 25%, and Managers: 40%
• By Region: APAC: 30%, Europe: 30%, North America: 25%, MEA: 10%, Latin America: 5%

Direct Purchase of this Research Report at https://www.reportsnreports.com/purchase.aspx?name=4989763

Research Coverage:
The market study covers the Predictive Analytics market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, deployment mode, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Predictive Analytics market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

+ 1 888 391 5441
sales@reportsandreports.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Predictive Analytics Market Growth, Key Players, Covid-19 Impact Analysis, Size, Demands, Trends and Forecasts to 2026 here

News-ID: 2444278 • Views: 335

More Releases from ReportsnReports

Escritoires Market: Better Homes and Gardens, Mainstays, DHP, Novogratz, Asher I …
Escritoires market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Escritoires 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 region (country), by Type and by Application for the period 2017-2028. For United States market, this report focuses on the Escritoires market
2022 Manuka Oil Market Report- by Manufacturers, Regions, Type and Application | …
Manuka Oil Market research study contains an in detail descriptive overview and analysis of the Manuka Oil Market, a summary of the market shares constituted by each component, the annual growth of each sector, and the revenue potential of the section. In addition, Manuka Oil Market production and consumption data are used to determine the geographical features. Download FREE PDF of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5663890 The Manuka Oil market report provides a
Manganese Violet Market Report- Manufacturers, Type and Application, Growth Rate …
The Manganese Violet Market research report incorporates market goals and degrees during the extended period by featuring key market portions and driving players. It likewise has years considered during the examination strategy of the market. The Manganese Violet Market report offers a leader outline of the producer by covering industry patterns, the market size by areas, and worldwide market size. It likewise provides area quick and country-wise development paces of
Music Notation System Market Report-Size, Top Key Players, Industry Analysis and …
The Music Notation System Market research report also includes analyzing all the organizations operating in the market and leadership mapping. In addition, Music Notation System Market provides a strategic standpoint of the industry, such as measures drivers and government rules and policies. Finally, it analyzes the efficacy of the government led-strategies and policies promoting the Music Notation System Market and industry. Download FREE PDF of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5664197 The Music Notation

All 5 Releases


More Releases for Predictive

Healthcare Predictive Analytics Market
The mounting concern for optimizing healthcare costs among myriad healthcare providers and payers is a key factor boosting the demand for predictive analytics in the healthcare sector. The ever-growing need for boosting patient outcomes and improving the quality of care is a seminal trend boosting the evolution of healthcare productive analytics. In recent years, there is a surging interest among payer organizations and several healthcare institutions in using predictive tools
Predictive Analytics Market -
The global predictive analytics market is categorized on basis of end-users, software solution types, applications and mode of delivery. The market overview section of the report demonstrates the market dynamics and trends such as the drivers, restraints and opportunities that influence the current nature and future status of this field. Get an exclusive sample of this report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1713 Various end-users studied in this report include banking and financial services, insurance sector, government,
Predictive Maintenance Market Significant Rise over 2025
Global Predictive Maintenance Market: Snapshot The global market for predictive maintenance has expanded at a promising pace in the past few years owing to the vast uptake of automation techniques and IoT in the industrial sector. With the massive rise in connected products, processes, an operations in the industrial sector, the implementation of predictive maintenance tools and solutions has become easier, thus bringing about a massive rise in their uptake across
Predictive Maintenance Market SWOT analysis 2025
Global Predictive Maintenance Market: Snapshot The global market for predictive maintenance has expanded at a promising pace in the past few years owing to the vast uptake of automation techniques and IoT in the industrial sector. With the massive rise in connected products, processes, an operations in the industrial sector, the implementation of predictive maintenance tools and solutions has become easier, thus bringing about a massive rise in their uptake across
Predictive Analytics Market Share
According to a new report, “Predictive Analytics Market (2017 – 2023)”, published by KBV research, the Global Predictive Analytics Market size is expected to reach $13.8 billion by 2023, rising at a market growth of 21% CAGR during the forecast period. The North America market holds the largest market share in Global Risk Analytics Solution Market by Region in 2016, and would continue to be a dominant market till 2023; growing
Transportation Predictive Analytics And Simulation Market
Connected vehicles are the need of the hour With an increasing focus on the Internet of Things (IoT), there has been a substantial increase in the connected vehicles across the world. Both mid-range and high-end cars are being unveiled with sensors built in. These sensors are able to enable vehicle to vehicle safety, automated driving capabilities, and vehicle data tracking related to engine diagnostics and vehicle usage. Connected cars are also