Press release
Predictive Analytics in Banking Market to Reach $5.43 Billion by 2026 | Banking's Future Unveiled
predictive-analytics-in-banking-market-1584438638
โก๏ธ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ :
https://www.alliedmarketresearch.com/request-sample/232
Availability of billions of IoT-based devices worldwide, surge in fraudulent activities including money laundering, accounting, and payment card fraud, and ability to predict incoming and outgoing flow of payments drive the growth of the global predictive analytics in banking market. However, concerns related to implementation and integration in banks and financial institutions hinder the market growth. On the other hand, surge in demand from developing economies and implementation of artificial intelligence (AI) in mobile banking apps create new opportunities in the coming years.
Covid-19 scenario:
During the coronavirus outbreak, the demand for predictive analytics has been increased in banking sector across the globe to determine financial uncertainty and measures to be taken to deal with the economic turbulence.
Moreover, hackers have become more active than before and the rate of cyber-crimes has been increased. Predictive analytics in banking sector play a crucial rate in detecting and eliminating potential threats.
The report offers a detailed segmentation of the global predictive analytics in banking market based on component, deployment model, organization size, application, and region.
โก๏ธ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ ๐จ๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ : https://www.alliedmarketresearch.com/request-for-customization/232
Based on component, the solution segment contributed to the largest share in 2018, accounting for nearly three-fourths of the total share, and is estimated to maintain its dominant position during the forecast period. However, the service segment is expected to register the highest CAGR of 23.3% from 2019 to 2026.
Based on deployment model, the on-premise segment accounted for the largest share in 2018, holding nearly three-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the cloud segment is estimated to portray the highest CAGR of 22.6% during the forecast period.
Based on region, North America contributed the highest share, accounting for nearly two-fifths of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 23.5% from 2019 to 2026.
โก๏ธ๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ @
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Leading market players analyzed in the research include Alteryx Inc, SAP SE, Fair Isaac Corporation, SAS Institute Inc., IBM Corporation, Tableau Software Inc., Microsoft corporation, Teradata Corporation, Oracle Corporation, and TIBCO Software Inc.
โก๏ธ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ ๐ ธ๐ ฝ ๐ ต๐ ป๐ ฐ๐๐ ท ๐๐ ฐ๐ ป๐ ด
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โก๏ธ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A11615
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