Predictive Analytics - Global Market Outlook (2017-2023)

Predictive Analytics - Global Market Outlook (2017-2023)

  • Published: September 2017
  • ID: SMRC16683

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:
• Services
• Solutions 

Organisation Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises

Deployment Models Covered:
• Cloud
• On-Premises 

Applications Covered:
• Customer & Channel
• Finance and Risk
• Sales & Marketing
• Other Applications      

End Users Covered:
• 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 

Regions Covered:

  • 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

What our report offers:
- 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  


 List of Tables         
1 Global Predictive Analytics Market Outlook, By Region (2014-2023) ($MN) 
2 Global Predictive Analytics Market Outlook, By Type (2014-2023) ($MN)  
3 Global Predictive Analytics Market Outlook, By Services (2014-2023) ($MN) 
4 Global Predictive Analytics Market Outlook, By Professional Services (2014-2023) ($MN)
5 Global Predictive Analytics Market Outlook, By Managed Services (2014-2023) ($MN)
6 Global Predictive Analytics Market Outlook, By Solutions (2014-2023) ($MN) 
7 Global Predictive Analytics Market Outlook, By Risk Analytics (2014-2023) ($MN) 
8 Global Predictive Analytics Market Outlook, By Sales Analytics (2014-2023) ($MN) 
9 Global Predictive Analytics Market Outlook, By Web and Social Media Analytics (2014-2023) ($MN)
10 Global Predictive Analytics Market Outlook, By Network Analytics (2014-2023) ($MN)
11 Global Predictive Analytics Market Outlook, By Financial Analytics (2014-2023) ($MN)
12 Global Predictive Analytics Market Outlook, By Marketing Analytics (2014-2023) ($MN)
13 Global Predictive Analytics Market Outlook, By Supply Chain Analytics (2014-2023) ($MN)
14 Global Predictive Analytics Market Outlook, By Customer Analytics (2014-2023) ($MN)
15 Global Predictive Analytics Market Outlook, By Other Solutions (2014-2023) ($MN) 
16 Global Predictive Analytics Market Outlook, By Organisation Size (2014-2023) ($MN)
17 Global Predictive Analytics Market Outlook, By Large Enterprises (2014-2023) ($MN)
18 Global Predictive Analytics Market Outlook, By Small and Medium-Sized Enterprises (2014-2023) ($MN)
19 Global Predictive Analytics Market Outlook, By Deployment Model (2014-2023) ($MN)
20 Global Predictive Analytics Market Outlook, By Cloud (2014-2023) ($MN)  
21 Global Predictive Analytics Market Outlook, By On-Premises (2014-2023) ($MN) 
22 Global Predictive Analytics Market Outlook, By Application (2014-2023) ($MN) 
23 Global Predictive Analytics Market Outlook, By Customer & Channel (2014-2023) ($MN)
24 Global Predictive Analytics Market Outlook, By Finance and Risk (2014-2023) ($MN)
25 Global Predictive Analytics Market Outlook, By Sales & Marketing (2014-2023) ($MN)
26 Global Predictive Analytics Market Outlook, By Other Applications (2014-2023) ($MN)
27 Global Predictive Analytics Market Outlook, By End User (2014-2023) ($MN) 
28 Global Predictive Analytics Market Outlook, By Transportation and Logistics (2014-2023) ($MN)
29 Global Predictive Analytics Market Outlook, By Manufacturing (2014-2023) ($MN) 
30 Global Predictive Analytics Market Outlook, By Retail and Ecommerce (2014-2023) ($MN)
31 Global Predictive Analytics Market Outlook, By Banking, Financial Services, and Insurance (2014-2023) ($MN)
32 Global Predictive Analytics Market Outlook, By Healthcare and Life Sciences (2014-2023) ($MN)
33 Global Predictive Analytics Market Outlook, By Government and Defense (2014-2023) ($MN)
34 Global Predictive Analytics Market Outlook, By Energy and Utilities (2014-2023) ($MN)
35 Global Predictive Analytics Market Outlook, By Telecommunications and IT (2014-2023) ($MN)
36 Global Predictive Analytics Market Outlook, By Media and Entertainment (2014-2023) ($MN)
37 Global Predictive Analytics Market Outlook, By Engineering & Construction (2014-2023) ($MN)
38 Global Predictive Analytics Market Outlook, By Other End Users (2014-2023) ($MN) 


NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner.

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