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Advanced and Predictive Analytics Tools Market 2022 Trend Analysis, Growth Status, Revenue Expectation to 2028- IBM Corp., The MathWorks Inc., TIBCO Software Inc.
Advanced and Predictive Analytics Tools Market report helps in making informed business decisions by having complete insights of market and by making a comprehensive analysis of market segments. This recent research compilation on the Advanced and Predictive Analytics Tools Market is a versatile and future-ready analytical survey that replicates trend assessment, an in-depth assessment of market valuation and revenue-generating trends with information on profit models, Swot examination, competition spectrum, and associated vendor strategies illustrated by major players and market participants contributing by aggressively investing in the global Advanced and Predictive Analytics Tools market to secure a competitive advantage amid staggering competition, potential threats from new entrants, as well as technological innovations leading to market substitutes.The Advanced and Predictive Analytics Tools Market is expected to register a CAGR of 20.2% over the forecast period 2022 - 2028.
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Top Companies:
IBM Corp., The MathWorks Inc., TIBCO Software Inc., CGI Inc., Fair Isaac Corp., SAS Institute Inc., SAP SE, Oracle Corp., Alteryx Inc., Microsoft Corp.
Industry News:
In February 2019, International Business Machines Corp. launched a new portfolio of IoT solutions that use a combination of advanced analytics and artificial intelligence. The new IoT solution portfolio is aimed at asset-intensive industries to improve maintenance strategy.
By the product type, the market is primarily split into:
Cloud-based
On-premise
By the end-users/application, this report covers the following segments:
Small and Medium Enterprises (SMEs)
Large Enterprises
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North America Dominates the Market:
North America dominated the market with a revenue share of over 50% in 2020. The high volumes of data generated within North America, adequate availability of the supporting infrastructure required for the implementation of cutting-edge analytics, and the increase in the adoption of solutions based on the latest technologies, such as machine learning and big data analytics are anticipated to drive the growth. The growth of the regional market can also be attributed to the growing popularity of social media and the implementation of advanced analytical tools by automotive manufacturers. North America is home to some of the leading advanced analytics solutions providers, such as SAS Institute Inc.; Microsoft Corporation; Oracle Corporation; and International Business Machines Corp.
Geographical Analysis
The report provides geographical as well as country-level analysis of the Advanced and Predictive Analytics Tools market demonstrating the dominance of companies in different regions and countries. Also, in this section, the report presents the market revenue of specific products in specific regions to get informed about the dominating region in the market. Some of the regions and countries mentioned in the report are, the US, Canada, Mexico, Brazil, in North America; China, India, Korea, Japan, Singapore in the Asia Pacific; Germany, UK, Italy, France in Europe, GCC countries, Qatar in the Middle East and Africa, Latin America, South America, etc.
Research Methodology
All the data presented in the report from valuation to revenue, drivers, growth areas of the Advanced and Predictive Analytics Tools market, etc., is aided by thorough research from press releases, announcements by companies, news updates, reports from company websites, government verified websites, research publications, articles by researchers, etc. All this data is scanned thoroughly by analysts in the company and the summary and collaterals are presented in the report precisely. This research helps in offering well authenticated, verified, data with exact facts and figures. The report is then forwarded to in-house analysts, top-level experts, veterans, industry persons, third parties for feedback, verification, and editing, thus, providing the reader with well written, praised the report.
Key takeaways from the report
The report provides drivers, restraints, challenges, and growth points of the Advanced and Predictive Analytics Tools market and how the market can be grown from 2022-to 2028.
The report helps in figuring out the impact of covid-19 on the Advanced and Predictive Analytics Tools market and what measures can be taken for its development.
The Advanced and Predictive Analytics Tools market players are assisted from the report for investing in the right product or application from the market.
The report also mentions applications, product offerings, types, key marketing trends of the Advanced and Predictive Analytics Tools
The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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