openPR Logo
Press release

Advanced Predictive Analytics Software Market : Expected to expand at a steady CAGR of 8.6% from 2015 to 2020

01-06-2018 11:17 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Advanced Predictive Analytics Software Market : Expected

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 Data Repositories,” the global Advanced and Predictive Analytics (APA) software market was valued at US$ 2,422.9 Mn in 2014 and is expected to expand at a CAGR of 8.6% from 2015 to 2020. The growth of the Advanced and Predictive Analytics (APA) software market is primarily driven by the implementation of Big Data repositories, such as NewSQL, NoSQL, Hadoop databases and other platforms, to enhance the ability of computing data and business value from APA. Additionally, the shift in preference of business analysts towards becoming data scientists is also contributing in boosting the growth of the global Advanced and Predictive Analytics software market.

Advanced Predictive Analytics Software Market Research Report Overview @ https://www.persistencemarketresearch.com/market-research/advanced-predictive-analytics-software-market.asp

Advanced and Predictive Analytics (APA) software is mainly used to discover relationships in data and make predictions that are not apparent, hidden or too complex to be extracted using query, reporting and multidimensional analysis software. The market is currently witnessing the advent of different APA software with few using its own programming language and algorithms for building models, and rest including scoring engines and model management features that can execute models built using proprietary or open source modelling languages. The future outlook of the global Advanced and Predictive Analytics (APA) software market is characterized by cloud analytics, real-time analytics, persuasion modelling and ensemble modelling.

Request Sample Report@ https://www.persistencemarketresearch.com/samples/8002

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 during the forecast period. Additionally, with increasing data from multiple sources, other sectors, including manufacturing, education and healthcare, are also expected to witness traction in the adoption of the APA software in the near future. Rise in adoption of APA software in these sectors is attributed to the advantages it offers, such as loading and analysis of massive amounts of data in real time to accelerate ad hoc queries and reports, detecting fraud, remaining compliant and developing models to reduce cost & improve service quality.

Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/advanced-predictive-analytics-software-market/toc

This report also covers trends driving each market segment and offers analysis and insights on the potential of the Advanced and Predictive Analytics (APA) software market in some of the key regions, including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific (excluding Japan), Japan and the Middle East & Africa. Among these regions, the North America market was valued at US$ 1,121.3 Mn, in 2014, thereby accounting for the significant revenue share of the market, owing to the wide adoption of business intelligence solutions across diverse application segments in the region.

The Asia Pacific (along with Japan) market was valued at US$ 313.0 Mn in 2014. The market in Asia Pacific is expected to expand at a CAGR of 8.3% during the forecast period, with countries such as India, China, Japan, South Korea, Singapore and Philippines driving the adoption of APA solutions in the region. The growth across these countries is primarily driven by several leading players, which are setting up their offices in this region with a view to expanding their operations. Also, growing Internet-based business models and application of Internet solutions in the traditional business models of enterprises is expected to create potential growth opportunities for players in the Advanced and Predictive Analytics (APA) software market during the forecast period.

Get full Report Now @ https://www.persistencemarketresearch.com/checkout/8002

About Us
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.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://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 Predictive Analytics Software Market : Expected to expand at a steady CAGR of 8.6% from 2015 to 2020 here

News-ID: 888199 • Views:

More Releases from Persistence Market Research

Artificial Intelligence as a Service Market Forecasted to Grow at 34.6% CAGR, Reaching USD 82.4 Billion by 2031
Artificial Intelligence as a Service Market Forecasted to Grow at 34.6% CAGR, Re …
The Artificial Intelligence as a Service (AIaaS) market has emerged as one of the most transformative segments in the global technology ecosystem. By providing AI capabilities on a subscription or pay-per-use model, AIaaS allows organizations to deploy advanced AI functionalities without the need for significant in-house infrastructure. This model has democratized access to AI, enabling small and medium-sized enterprises to leverage predictive analytics, natural language processing, and machine learning tools
Server Operating System Market Anticipated to Witness Robust Growth, Reaching USD 34.5 Billion by 2031
Server Operating System Market Anticipated to Witness Robust Growth, Reaching US …
The server operating system market is witnessing robust growth, driven by the rapid expansion of data centers and the surging adoption of cloud technologies across enterprises worldwide. Server operating systems form the backbone of modern IT infrastructure, enabling organizations to efficiently manage hardware resources, deploy applications, and maintain high levels of system reliability and security. As businesses increasingly migrate to cloud environments and data-intensive operations grow, demand for powerful, scalable,
Manufacturing Operations Management Software Industry Anticipated to Witness Rapid Growth, Reaching USD 69.8 Billion by 2032
Manufacturing Operations Management Software Industry Anticipated to Witness Rap …
The Manufacturing Operations Management (MOM) software market is rapidly emerging as a cornerstone of digital transformation in the manufacturing sector. As industries increasingly adopt Industry 4.0 practices, the need for advanced solutions that integrate production planning, real-time monitoring, quality control, and process optimization has surged. MOM software enables manufacturers to streamline operations, reduce production downtime, and improve overall efficiency, making it an indispensable tool across automotive, pharmaceutical, aerospace, and consumer
G.Fast Chipset Market Forecast to Expand with Absolute $ Growth of USD 28.3 Billion by 2032
G.Fast Chipset Market Forecast to Expand with Absolute $ Growth of USD 28.3 Bill …
The G.Fast chipset market has emerged as a pivotal segment within the broadband and telecommunication infrastructure industry, driven by the rising demand for high-speed internet and improved last-mile connectivity solutions. With advancements in fiber-to-the-distribution-point (FTTdp) networks, the adoption of G.Fast chipsets has witnessed unprecedented growth across residential, commercial, and industrial applications. These chipsets enable ultra-fast broadband speeds over existing copper lines, bridging the performance gap between fiber and legacy infrastructures,

All 5 Releases


More Releases for APA

6-Aminopenicillanic Acid (6-APA) Market Research Report 2024
The global 6-Aminopenicillanic Acid (6-APA) market was valued at US$ 889.2 million in 2023 and is anticipated to reach US$ 1328 million by 2030, witnessing a CAGR of 6.6% during the forecast period 2024-2030. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-33E7578/Global_6_Aminopenicillanic_Acid_6_APA_Market_Insights_and_Forecast_to_2028 The 6-Aminopenicillanic Acid (6-APA) market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period
Apa yang bisa dipelajari Indonesia Online Aggregator dari Pemain Global?
Sebagian penduduk masih bergantung pada sumber pembiayaan tradisional termasuk bank, teman, kerabat & saluran informal lainnya karena alasan seperti aksesibilitas terbatas ke layanan perbankan, kurangnya kesadaran keuangan, kurangnya agunan dll. Alasan-alasan ini mendorong individu untuk mencari sumber alternatif opsi pembiayaan. Dengan tingkat penetrasi internet ~ 40%, Indonesia tertinggal 2-3 tahun dalam adopsi digital jika dibandingkan dengan negara-negara berkembang lainnya. Konsep agregasi pinjaman & asuransi online di Indonesia diperkenalkan oleh CekAja
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
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