Predictive Analytics Platform Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 34.5 Billion by 2030, growing at a CAGR of 16.7% from 2024 to 2030.
The global predictive analytics platform market is expected to experience significant growth over the forecast period. As organizations across various sectors increasingly recognize the value of data-driven insights, demand for predictive analytics solutions is escalating. These platforms enable businesses to forecast future trends, identify potential risks, and make informed decisions, enhancing operational efficiency. With the rise in digital transformation, predictive analytics is becoming a critical tool in industries like healthcare, finance, retail, and manufacturing. The market size is anticipated to expand as organizations seek to leverage advanced technologies such as machine learning, artificial intelligence, and big data analytics for improved decision-making capabilities. Moreover, the integration of predictive analytics with cloud platforms is fueling its adoption, providing greater accessibility, scalability, and cost-efficiency for businesses of all sizes.
Several key trends are shaping the global predictive analytics platform market. A growing focus on real-time analytics and the increasing need for personalized customer experiences are driving innovation in this space. Companies are increasingly using predictive analytics to tailor their offerings based on consumer behavior, enhancing customer satisfaction and loyalty. Furthermore, advancements in machine learning algorithms and the expansion of data sources, such as the Internet of Things (IoT), are allowing organizations to gain deeper insights into business processes. These developments are creating numerous opportunities for predictive analytics to evolve and cater to a wide range of industries. Additionally, the rising adoption of cloud-based solutions and the availability of user-friendly, low-code/no-code platforms are helping businesses of all sizes leverage the power of predictive analytics without requiring extensive technical expertise.
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SAP
GoodData Corporation
IBM Corporation
Angoss Software Corporation
Dataiku
Fair Isaac Corporation (FICO)
Microsoft Corporation
NTT DATA Corporation
Oracle Corporation
Alteryx
Domino Data lab
AgilOne
SAS Institute
Tableau Software
TIBCO Software
Exago
Teradata Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Predictive Analytics Platform Market
On-Premise
Cloud-based
Hybrid
Risk Management
Fraud Detection
Marketing Optimization
Inventory Management
Customer Retention
Healthcare
Financial Services
Retail
Manufacturing
Telecommunications
Government
Transportation and Logistics
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Data Scientists
Business Analysts
IT Professionals
Executives and Management
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Predictive Analytics Platform Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Predictive Analytics Platform Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Predictive Analytics Platform Market, By Type
6. Gloabl Predictive Analytics Platform Market, By Application
7. Gloabl Predictive Analytics Platform Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Gloabl Predictive Analytics Platform Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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