Report Highlights
The global market for predictive analytics is estimated to increase from $11.1 billion in 2022 to $23.9 billion by 2027, at a compound annual growth rate (CAGR) of 16.5% during the forecast period of 2022 through 2027.
Report Includes
- 64 data tables and 62 additional tables
- An up-to-date overview and analysis of the global market for predictive analytics
- Analyses of the global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Understanding of the upcoming market opportunities and areas of focus to forecast the market into various segments and subsegments
- Estimation of the actual market size for predictive analytics in value terms, and corresponding market share analysis based on component, deployment mode, organization size, end-user industry, and geographic region
- In-depth information (facts and figures) concerning market growth drivers, restraints and challenges affecting the global market for predictive analytics, and assessment of the COVID-19 impact on this industry
- Highlights of the current state of the predictive analytics market, region-specific developments in the industry, and evaluation of current and future demand for predictive analytics and services
- Identification of the companies best positioned to meet this demand because of their proprietary technologies, strategic alliances or other advantages
- Review of the patent filings and patent grants on predicative analytics, and emerging technologies/developments in the global market
- Market share analysis of the key industry participants in the predictive analytics market, along with their research priorities, product offerings, and company competitive landscape
- Descriptive company profiles of the leading global players, including Alphabet Inc. (Google), Hewlett Packard Enterprise Co., Microsoft Corp., Oracle, SAP SE, Tableau Software LLC, and Tibco Software Inc.
Report Scope
This report provides an overview of the global market for predictive analytics and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022 through 2027. Revenue forecasts for this period are segmented based on component, deployment mode, organization size, industry, and region.
The report also focuses on the major trends and challenges that will affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and the strategies they use to enhance their market presence. The report estimates the size of the global predictive analytics market in 2021 and provides projections of the expected market size through 2027.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||||
| Forecast period considered | 2027 | ||||||||||||||||||||
| Base year market size | $9.8 billion | ||||||||||||||||||||
| Market size forecast | $23.9 billion | ||||||||||||||||||||
| Growth rate | CAGR of 16.5% for the forecast period of 2022-2027 | ||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||
| Segments covered | component, deployment mode, organization size, industry, and region | ||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific and Rest of World (RoW) | ||||||||||||||||||||
| Countries covered | U.S., Canada, Germany, France, U.K., China, Japan, India, South America, Middle East and Africa | ||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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