Predictive Analytics - Global Market Outlook (2017-2023)
According to Stratistics MRC, the Global Predictive Analytics market is expected to grow from $3.89 billion in 2016 to reach $14.95 billion by 2023 with a CAGR of 21.2%. Growing adoption of big data and other related technologies, emergence of e-commerce and the growing data traffic are some of the key factors influencing the market growth. In addition, emergence of machine learning and artificial intelligence provides ample of opportunities for the market growth. However, time-consuming process of analysis, lack of awareness and unqualified professionals may restrain market growth.
Predictive analytics is the branch of the highly developed analytics which is used to make predictions about unknown future events. Predictive analytics uses many techniques from data mining, statistics, modelling, machine learning, and artificial intelligence to analyze current data to make predictions about future. The objective is to go beyond and know what has happened to provide a best estimation of what will happen in the future. This use of analytics will be helpful to avoid predicted problems, such as equipment failure or depleted stock, or to capitalize on opportunities to market products to customers, like targeting people in happy or dejecting moods after a sporting event.
Due to its cost-effectiveness and easy worldwide accessibility cloud-based deployment model registered significant growth. Moreover, due to innovations in cloud technologies and increase in data generation from various constituents and customers, the cloud-based deployment model is gaining traction. North America held the largest market share and is anticipated to continue its dominance during the forecast period. This is mainly because of the presence of various developed economies, such as Canada and the US, and focus over innovating the existing solutions. Furthermore, early acceptance of technologies and high penetration in various industry verticals, such as manufacturing, healthcare, transportation, and logistics, are driving the growth of the market in this region.
Some of the key players in global Predictive Analytics market include SAP SE, Oracle Corporation, Tibco Software, Inc., Tableau Software, Inc., SAS Institute, Inc., Microsoft Corporation, International Business Machines (IBM) Corporation, Fair Isaac Corporation (FICO), NTT Data Corporation, Rapidminer, Inc., Angoss Software Corporation, TIMi Suite, Predixion, Statsoft and GraphLab Create.
Types Covered:
Predictive analytics is the branch of the highly developed analytics which is used to make predictions about unknown future events. Predictive analytics uses many techniques from data mining, statistics, modelling, machine learning, and artificial intelligence to analyze current data to make predictions about future. The objective is to go beyond and know what has happened to provide a best estimation of what will happen in the future. This use of analytics will be helpful to avoid predicted problems, such as equipment failure or depleted stock, or to capitalize on opportunities to market products to customers, like targeting people in happy or dejecting moods after a sporting event.
Due to its cost-effectiveness and easy worldwide accessibility cloud-based deployment model registered significant growth. Moreover, due to innovations in cloud technologies and increase in data generation from various constituents and customers, the cloud-based deployment model is gaining traction. North America held the largest market share and is anticipated to continue its dominance during the forecast period. This is mainly because of the presence of various developed economies, such as Canada and the US, and focus over innovating the existing solutions. Furthermore, early acceptance of technologies and high penetration in various industry verticals, such as manufacturing, healthcare, transportation, and logistics, are driving the growth of the market in this region.
Some of the key players in global Predictive Analytics market include SAP SE, Oracle Corporation, Tibco Software, Inc., Tableau Software, Inc., SAS Institute, Inc., Microsoft Corporation, International Business Machines (IBM) Corporation, Fair Isaac Corporation (FICO), NTT Data Corporation, Rapidminer, Inc., Angoss Software Corporation, TIMi Suite, Predixion, Statsoft and GraphLab Create.
Types Covered:
- Services
- Solutions
- Large Enterprises
- Small and Medium-Sized Enterprises
- Cloud
- On-Premises
- Customer & Channel
- Finance and Risk
- Sales & Marketing
- Other Applications
- Transportation and Logistics
- Manufacturing
- Retail and Ecommerce
- Banking, Financial Services, and Insurance
- Healthcare and Life Sciences
- Government and Defense
- Energy and Utilities
- Telecommunications and IT
- Media and Entertainment
- Engineering & Construction
- Other End Users
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL PREDICTIVE ANALYTICS MARKET, BY TYPE
5.1 Introduction
5.2 Services
5.2.1 Professional Services
5.1.1.1 Consulting
5.1.1.2 Support and Maintenance
5.2.2 Managed Services
5.3 Solutions
5.3.1 Risk Analytics
5.3.1.1 Operational Risk Management
5.3.1.2 Credit and Market Risk Management
5.3.1.3 Cyber Risk Management
5.3.1.4 Other Risk Analytics
5.3.2 Sales Analytics
5.3.2.1 Sales Rep Efficiency Management
5.3.2.2 Sales Life Cycle Management
5.3.2.3 Other Sales Analytics
5.3.3 Web and Social Media Analytics
5.3.3.1 Competitor Benchmarking
5.3.3.2 Performance Monitoring
5.3.3.3 Social Media Management
5.3.3.4 Search Engine Optimization
5.3.4 Network Analytics
5.3.4.1 Traffic Management
5.3.4.2 Intelligent Network Optimization
5.3.4.3 Other Network Analytics
5.3.5 Financial Analytics
5.3.5.1 Governance and Compliance Management
5.3.5.2 Fraud Detection
5.3.5.3 Profitability Management
5.3.5.4 Other Financial Analytics
5.3.6 Marketing Analytics
5.3.6.1 Yield Management
5.3.6.2 Product and Service Development Strategies
5.3.6.3 Predictive Modelling
5.3.6.4 Others
5.3.7 Supply Chain Analytics
5.3.7.1 Manufacturing Analysis
5.3.7.2 Inventory Management
5.3.7.3 Distribution and Logistics Optimization
5.3.7.4 Other Supply Chain Analytics
5.3.8 Customer Analytics
5.3.8.1 Customer Behavior Analysis
5.3.8.2 Monitoring Customer Loyalty and Satisfaction
5.3.8.3 Customer Segmentation and Clustering
5.3.8.4 Other Customer Analytics
5.3.9 Other Solutions
6 GLOBAL PREDICTIVE ANALYTICS MARKET, BY ORGANISATION SIZE
6.1 Introduction
6.2 Large Enterprises
6.3 Small and Medium-Sized Enterprises
7 GLOBAL PREDICTIVE ANALYTICS MARKET, BY DEPLOYMENT MODEL
7.1 Introduction
7.2 Cloud
7.3 On-Premises
8 GLOBAL PREDICTIVE ANALYTICS MARKET, BY APPLICATION
8.1 Introduction
8.2 Customer & Channel
8.3 Finance and Risk
8.4 Sales & Marketing
8.5 Other Applications
9 GLOBAL PREDICTIVE ANALYTICS MARKET, BY END USER
9.1 Introduction
9.2 Transportation and Logistics
9.3 Manufacturing
9.4 Retail and Ecommerce
9.5 Banking, Financial Services, and Insurance
9.6 Healthcare and Life Sciences
9.7 Government and Defense
9.8 Energy and Utilities
9.9 Telecommunications and IT
9.10 Media and Entertainment
9.11 Engineering & Construction
9.12 Other End Users
10 GLOBAL PREDICTIVE ANALYTICS MARKET, BY GEOGRAPHY
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 KEY DEVELOPMENTS
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 COMPANY PROFILING
12.1 SAP SE
12.2 Oracle Corporation
12.3 Tibco Software, Inc.
12.4 Tableau Software, Inc.
12.5 SAS Institute, Inc.
12.6 Microsoft Corporation
12.7 International Business Machines (IBM) Corporation
12.8 Fair Isaac Corporation (FICO)
12.9 NTT Data Corporation
12.10 Rapidminer, Inc.
12.11 Angoss Software Corporation
12.12 TIMi Suite
12.13 Predixion
12.14 Statsoft
12.15 GraphLab Create
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL PREDICTIVE ANALYTICS MARKET, BY TYPE
5.1 Introduction
5.2 Services
5.2.1 Professional Services
5.1.1.1 Consulting
5.1.1.2 Support and Maintenance
5.2.2 Managed Services
5.3 Solutions
5.3.1 Risk Analytics
5.3.1.1 Operational Risk Management
5.3.1.2 Credit and Market Risk Management
5.3.1.3 Cyber Risk Management
5.3.1.4 Other Risk Analytics
5.3.2 Sales Analytics
5.3.2.1 Sales Rep Efficiency Management
5.3.2.2 Sales Life Cycle Management
5.3.2.3 Other Sales Analytics
5.3.3 Web and Social Media Analytics
5.3.3.1 Competitor Benchmarking
5.3.3.2 Performance Monitoring
5.3.3.3 Social Media Management
5.3.3.4 Search Engine Optimization
5.3.4 Network Analytics
5.3.4.1 Traffic Management
5.3.4.2 Intelligent Network Optimization
5.3.4.3 Other Network Analytics
5.3.5 Financial Analytics
5.3.5.1 Governance and Compliance Management
5.3.5.2 Fraud Detection
5.3.5.3 Profitability Management
5.3.5.4 Other Financial Analytics
5.3.6 Marketing Analytics
5.3.6.1 Yield Management
5.3.6.2 Product and Service Development Strategies
5.3.6.3 Predictive Modelling
5.3.6.4 Others
5.3.7 Supply Chain Analytics
5.3.7.1 Manufacturing Analysis
5.3.7.2 Inventory Management
5.3.7.3 Distribution and Logistics Optimization
5.3.7.4 Other Supply Chain Analytics
5.3.8 Customer Analytics
5.3.8.1 Customer Behavior Analysis
5.3.8.2 Monitoring Customer Loyalty and Satisfaction
5.3.8.3 Customer Segmentation and Clustering
5.3.8.4 Other Customer Analytics
5.3.9 Other Solutions
6 GLOBAL PREDICTIVE ANALYTICS MARKET, BY ORGANISATION SIZE
6.1 Introduction
6.2 Large Enterprises
6.3 Small and Medium-Sized Enterprises
7 GLOBAL PREDICTIVE ANALYTICS MARKET, BY DEPLOYMENT MODEL
7.1 Introduction
7.2 Cloud
7.3 On-Premises
8 GLOBAL PREDICTIVE ANALYTICS MARKET, BY APPLICATION
8.1 Introduction
8.2 Customer & Channel
8.3 Finance and Risk
8.4 Sales & Marketing
8.5 Other Applications
9 GLOBAL PREDICTIVE ANALYTICS MARKET, BY END USER
9.1 Introduction
9.2 Transportation and Logistics
9.3 Manufacturing
9.4 Retail and Ecommerce
9.5 Banking, Financial Services, and Insurance
9.6 Healthcare and Life Sciences
9.7 Government and Defense
9.8 Energy and Utilities
9.9 Telecommunications and IT
9.10 Media and Entertainment
9.11 Engineering & Construction
9.12 Other End Users
10 GLOBAL PREDICTIVE ANALYTICS MARKET, BY GEOGRAPHY
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 KEY DEVELOPMENTS
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 COMPANY PROFILING
12.1 SAP SE
12.2 Oracle Corporation
12.3 Tibco Software, Inc.
12.4 Tableau Software, Inc.
12.5 SAS Institute, Inc.
12.6 Microsoft Corporation
12.7 International Business Machines (IBM) Corporation
12.8 Fair Isaac Corporation (FICO)
12.9 NTT Data Corporation
12.10 Rapidminer, Inc.
12.11 Angoss Software Corporation
12.12 TIMi Suite
12.13 Predixion
12.14 Statsoft
12.15 GraphLab Create
LIST OF TABLES
Table 1 Global Predictive Analytics Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Predictive Analytics Market Outlook, By Type (2014-2023) ($MN)
Table 3 Global Predictive Analytics Market Outlook, By Services (2014-2023) ($MN)
Table 4 Global Predictive Analytics Market Outlook, By Professional Services (2014-2023) ($MN)
Table 5 Global Predictive Analytics Market Outlook, By Managed Services (2014-2023) ($MN)
Table 6 Global Predictive Analytics Market Outlook, By Solutions (2014-2023) ($MN)
Table 7 Global Predictive Analytics Market Outlook, By Risk Analytics (2014-2023) ($MN)
Table 8 Global Predictive Analytics Market Outlook, By Sales Analytics (2014-2023) ($MN)
Table 9 Global Predictive Analytics Market Outlook, By Web and Social Media Analytics (2014-2023) ($MN)
Table 10 Global Predictive Analytics Market Outlook, By Network Analytics (2014-2023) ($MN)
Table 11 Global Predictive Analytics Market Outlook, By Financial Analytics (2014-2023) ($MN)
Table 12 Global Predictive Analytics Market Outlook, By Marketing Analytics (2014-2023) ($MN)
Table 13 Global Predictive Analytics Market Outlook, By Supply Chain Analytics (2014-2023) ($MN)
Table 14 Global Predictive Analytics Market Outlook, By Customer Analytics (2014-2023) ($MN)
Table 15 Global Predictive Analytics Market Outlook, By Other Solutions (2014-2023) ($MN)
Table 16 Global Predictive Analytics Market Outlook, By Organisation Size (2014-2023) ($MN)
Table 17 Global Predictive Analytics Market Outlook, By Large Enterprises (2014-2023) ($MN)
Table 18 Global Predictive Analytics Market Outlook, By Small and Medium-Sized Enterprises (2014-2023) ($MN)
Table 19 Global Predictive Analytics Market Outlook, By Deployment Model (2014-2023) ($MN)
Table 20 Global Predictive Analytics Market Outlook, By Cloud (2014-2023) ($MN)
Table 21 Global Predictive Analytics Market Outlook, By On-Premises (2014-2023) ($MN)
Table 22 Global Predictive Analytics Market Outlook, By Application (2014-2023) ($MN)
Table 23 Global Predictive Analytics Market Outlook, By Customer & Channel (2014-2023) ($MN)
Table 24 Global Predictive Analytics Market Outlook, By Finance and Risk (2014-2023) ($MN)
Table 25 Global Predictive Analytics Market Outlook, By Sales & Marketing (2014-2023) ($MN)
Table 26 Global Predictive Analytics Market Outlook, By Other Applications (2014-2023) ($MN)
Table 27 Global Predictive Analytics Market Outlook, By End User (2014-2023) ($MN)
Table 28 Global Predictive Analytics Market Outlook, By Transportation and Logistics (2014-2023) ($MN)
Table 29 Global Predictive Analytics Market Outlook, By Manufacturing (2014-2023) ($MN)
Table 30 Global Predictive Analytics Market Outlook, By Retail and Ecommerce (2014-2023) ($MN)
Table 31 Global Predictive Analytics Market Outlook, By Banking, Financial Services, and Insurance (2014-2023) ($MN)
Table 32 Global Predictive Analytics Market Outlook, By Healthcare and Life Sciences (2014-2023) ($MN)
Table 33 Global Predictive Analytics Market Outlook, By Government and Defense (2014-2023) ($MN)
Table 34 Global Predictive Analytics Market Outlook, By Energy and Utilities (2014-2023) ($MN)
Table 35 Global Predictive Analytics Market Outlook, By Telecommunications and IT (2014-2023) ($MN)
Table 36 Global Predictive Analytics Market Outlook, By Media and Entertainment (2014-2023) ($MN)
Table 37 Global Predictive Analytics Market Outlook, By Engineering & Construction (2014-2023) ($MN)
Table 38 Global Predictive Analytics Market Outlook, By Other End Users (2014-2023) ($MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner.
Table 1 Global Predictive Analytics Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Predictive Analytics Market Outlook, By Type (2014-2023) ($MN)
Table 3 Global Predictive Analytics Market Outlook, By Services (2014-2023) ($MN)
Table 4 Global Predictive Analytics Market Outlook, By Professional Services (2014-2023) ($MN)
Table 5 Global Predictive Analytics Market Outlook, By Managed Services (2014-2023) ($MN)
Table 6 Global Predictive Analytics Market Outlook, By Solutions (2014-2023) ($MN)
Table 7 Global Predictive Analytics Market Outlook, By Risk Analytics (2014-2023) ($MN)
Table 8 Global Predictive Analytics Market Outlook, By Sales Analytics (2014-2023) ($MN)
Table 9 Global Predictive Analytics Market Outlook, By Web and Social Media Analytics (2014-2023) ($MN)
Table 10 Global Predictive Analytics Market Outlook, By Network Analytics (2014-2023) ($MN)
Table 11 Global Predictive Analytics Market Outlook, By Financial Analytics (2014-2023) ($MN)
Table 12 Global Predictive Analytics Market Outlook, By Marketing Analytics (2014-2023) ($MN)
Table 13 Global Predictive Analytics Market Outlook, By Supply Chain Analytics (2014-2023) ($MN)
Table 14 Global Predictive Analytics Market Outlook, By Customer Analytics (2014-2023) ($MN)
Table 15 Global Predictive Analytics Market Outlook, By Other Solutions (2014-2023) ($MN)
Table 16 Global Predictive Analytics Market Outlook, By Organisation Size (2014-2023) ($MN)
Table 17 Global Predictive Analytics Market Outlook, By Large Enterprises (2014-2023) ($MN)
Table 18 Global Predictive Analytics Market Outlook, By Small and Medium-Sized Enterprises (2014-2023) ($MN)
Table 19 Global Predictive Analytics Market Outlook, By Deployment Model (2014-2023) ($MN)
Table 20 Global Predictive Analytics Market Outlook, By Cloud (2014-2023) ($MN)
Table 21 Global Predictive Analytics Market Outlook, By On-Premises (2014-2023) ($MN)
Table 22 Global Predictive Analytics Market Outlook, By Application (2014-2023) ($MN)
Table 23 Global Predictive Analytics Market Outlook, By Customer & Channel (2014-2023) ($MN)
Table 24 Global Predictive Analytics Market Outlook, By Finance and Risk (2014-2023) ($MN)
Table 25 Global Predictive Analytics Market Outlook, By Sales & Marketing (2014-2023) ($MN)
Table 26 Global Predictive Analytics Market Outlook, By Other Applications (2014-2023) ($MN)
Table 27 Global Predictive Analytics Market Outlook, By End User (2014-2023) ($MN)
Table 28 Global Predictive Analytics Market Outlook, By Transportation and Logistics (2014-2023) ($MN)
Table 29 Global Predictive Analytics Market Outlook, By Manufacturing (2014-2023) ($MN)
Table 30 Global Predictive Analytics Market Outlook, By Retail and Ecommerce (2014-2023) ($MN)
Table 31 Global Predictive Analytics Market Outlook, By Banking, Financial Services, and Insurance (2014-2023) ($MN)
Table 32 Global Predictive Analytics Market Outlook, By Healthcare and Life Sciences (2014-2023) ($MN)
Table 33 Global Predictive Analytics Market Outlook, By Government and Defense (2014-2023) ($MN)
Table 34 Global Predictive Analytics Market Outlook, By Energy and Utilities (2014-2023) ($MN)
Table 35 Global Predictive Analytics Market Outlook, By Telecommunications and IT (2014-2023) ($MN)
Table 36 Global Predictive Analytics Market Outlook, By Media and Entertainment (2014-2023) ($MN)
Table 37 Global Predictive Analytics Market Outlook, By Engineering & Construction (2014-2023) ($MN)
Table 38 Global Predictive Analytics Market Outlook, By Other End Users (2014-2023) ($MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner.
