Press release
Advanced and Predictive Analytics (APA) Software Market: Impelled By Deployment of Big Data Repositories
The global advanced and predictive analytics software market was valued at US$ 2,422.9 Mn in 2014 and is expected to expand at a CAGR of 8.6% during the forecast period (2015–2020). The capability of advanced and predictive analytics software to carry out granular data analysis and provide deeper data knowledge are few of the major factors propelling the growth of this market.
Request Sample : https://www.persistencemarketresearch.com/samples/8002
The global advanced and predictive analytics software market is segmented on the basis of end-users as banking and financial services, insurance, government, public administration and utilities, pharmaceuticals, telecom and IT, retail, transportation and logistics, healthcare, manufacturing, media and entertainment, energy (oil, gas, and electricity), engineering and construction, tourism and sports. BFSI, manufacturing, logistics, retail, and government sectors are witnessing high adoption rate for APA software, mainly to analyse and take informed decisions in real time with unparalleled efficiency, performance and scalability. For instance, BFSI sector is leveraging advanced and predictive analytics to extract insights from a number of disparate sources such as transactions, customer accounts and service information, location data and market feeds. Apart from these popular segments, the APA software market is also gaining traction in niche sectors including education and healthcare. Growth in these sectors is expected to be driven by the advantages offered by APA software such as loading and analysis of massive amounts of data in real time to accelerate ad-hoc queries and reports, detecting fraud, remaining compliant, developing models to reduce cost and improve service quality.
Among the regions, in terms of value, North America was the largest market for APA software and held 46.3% share of the total advanced and predictive analytics software market in 2014. This share can be primarily attributed to the wide adoption of business intelligence solutions across retail, IT and telecom and BFSI sectors in this region. Moreover, various multinational companies are based in North America and utilise APA software for a variety of applications, including sales & marketing, customer & channel, operations & workforce and finance & risk.
Download TOC: https://www.persistencemarketresearch.com/market-research/advanced-predictive-analytics-software-market/toc
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.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 Advanced and Predictive Analytics (APA) Software Market: Impelled By Deployment of Big Data Repositories here
News-ID: 724544 • Views: …
More Releases from Persistance Market Research
Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Market Overview:
The Insulin Pens Market has witnessed remarkable growth and innovation over the years. Insulin pens are medical devices used by individuals with diabetes to administer insulin easily and accurately. These devices have become an integral part of diabetes management, offering numerous advantages over traditional insulin delivery methods, such as syringes and vials.
In 2022, the global market for insulin pens brought in US$ 16.2 billion in revenue and is predicted…
Smart Machines Market to register growth at a CAGR of 20.1% throughout 2023-2033
The market for smart machines was valued at US$ 73,456.2 Mn in 2022, and it is expected to grow to US$ 5,44,986.6 Mn by the end of 2033. In 2023, the market for smart machines is expected to be worth US$ 87,045.6 Mn. From 2023 to 2033, the market for Smart Machines is expected to grow at a CAGR of 20.1%.
The market for artificially intelligent machines and systems that can…
Unified Cloud Communication and Collaboration Market will register a 11.1% CAGR …
The global cloud collaboration market was valued at US$ 48 billion in 2022, and it is expected to grow at an 11.1% CAGR, likely reaching US$ 137.3 billion by the end of the forecast period, which runs from 2022 to 2032. The expansion of organizations' cross-border projects, increased productivity, and the rise of the bring your own device (BYOD) trend are some of the major factors expected to drive the…
Optical Transceivers Market is Set to Grow At A CAGR Of 14.6 % By 2032
Persistence Market Research's new report "Optical Transceivers Market" examines the competitive landscape and the market's growth prospects in the coming years. The report of the Optical Transceivers market for the analysis period of 2023 - 2033 includes an in-depth study of some new and prominent industry trends, engagement analysis, and detailed regional analysis.
Need More Insights on Competitor Analysis of the Smart Home Cloud Platform Market, Request for Sample https://www.persistencemarketresearch.com/samples/4798
Through…
More Releases for APA
The Growing New APA Total Car Care
Since our start in 2016, Ace Performance Automotive has provided honesty, fair pricing, and top-tier customer service to so many amazing East Valley customers. The trust and loyalty you have shown us throughout the years have helped us grow to the point where we were able to expand and open up our second location in December 2021. With all of our hearts, we Thank You for helping us achieve this…
Lawsuit filed for Investors in shares of Apache Corporation (NASDAQ: APA)
An investor, who purchased shares of Apache Corporation (NASDAQ: APA), filed a lawsuit over alleged Securities Laws violations by Apache Corporation.
Investors who purchased shares of Apache Corporation (NASDAQ: APA) have certain options and for certain investors are short and strict deadlines running. Deadline: April 26, 2021. NASDAQ: APA investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Houston, TX based Apache Corporation, an independent energy company,…
Global APA Software Market : APAC Region to Rise at 8.3% CAGR
On the basis of end-users, the Advanced and Predictive Analytics (APA) software market is segmented into banking and financial service, insurance, government, public administration and utilities, pharmaceuticals, telecom and IT, retail, transportation and logistics, healthcare, manufacturing, media and entertainment, energy (oil, gas and electricity), engineering and construction, tourism and sports. Among these, BFSI and retail are the most dominant sectors and are expected to continue the adoption of APA software…
APA Software Market Growing at 8.6% CAGR by 2020
On the basis of end-users, the Advanced and Predictive Analytics (APA) software market is segmented into banking and financial service, insurance, government, public administration and utilities, pharmaceuticals, telecom and IT, retail, transportation and logistics, healthcare, manufacturing, media and entertainment, energy (oil, gas and electricity), engineering and construction, tourism and sports. Among these, BFSI and retail are the most dominant sectors and are expected to continue the adoption of APA software…
APA Software Market to Rise at 8.6% CAGR by 2020
Key players in the global Advanced and Predictive Analytics (APA) software market include International Business Machines Corporation (IBM), SAS Institute Inc., Microsoft Corporation, SAP AG, Tableau Software Inc., Information Builders, Inc., Fair Isaac Corporation (FICO), Teradata Corporation, Oracle Corporation, Acxiom Corporation and TIBCO Software Inc.
According to a new market report published by Persistence Market Research “Global Market Study on Advanced and Predictive Analytics (APA) Software: Impelled By Deployment of Big…
APA Software Market to Rise at 8.6% CAGR by 2020
Key players in the global Advanced and Predictive Analytics (APA) software market include International Business Machines Corporation (IBM), SAS Institute Inc., Microsoft Corporation, SAP AG, Tableau Software Inc., Information Builders, Inc., Fair Isaac Corporation (FICO), Teradata Corporation, Oracle Corporation, Acxiom Corporation and TIBCO Software Inc.
According to a new market report published by Persistence Market Research “Global Market Study on Advanced and Predictive Analytics (APA) Software: Impelled By Deployment of Big…
