Global Predictive Analytics Market Volume Forecast and Value Chain Analysis 2016-2020

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Global predictive analytics market was valued at USD 2.5 billion in 2014 and is expected to reach USD 7.8 billion by 2020, growing at a CAGR of 17.0% between 2015 and 2020

Predictive Analytics Market by Software Solutions (Data Mining & Management, Decision Support Systems, Fraud & Security Intelligence, Financial Intelligence, Customer Intelligence and Others) for Customer & Channel, Sales and Marketing, Finance & Risk and Other Applications : Global Industry Perspective, Comprehensive Analysis And Forecast, 2014 – 2020

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Zion Research has published a new report titled “Predictive Analytics Market by Software Solutions (Data Mining & Management, Decision Support Systems, Fraud & Security Intelligence, Financial Intelligence, Customer Intelligence and Others) for Customer & Channel, Sales and Marketing, Finance & Risk and Other Applications : Global Industry Perspective, Comprehensive Analysis And Forecast, 2014 – 2020” According to the report, the global predictive analytics market was valued at approximately USD 2.5 billion in 2014 and is expected to reach approximately USD 7.8 billion by 2020, growing at a CAGR of around 17.0% between 2015 and 2020.

Predictive analytics explore large quantities of data and past events to identify patterns and build forecasts about future events.  It is set of different techniques and technologies that include machine learning capabilities, and improved big data aggregation technologies. Predictive analytics helps to solve real world’s problems in economics, business, government and others. It is widely used in different sectors like financial, communication, retail and marketing organizations with a strong consumer focus.

Browse the full “Predictive Analytics Market by Software Solutions (Data Mining & Management, Decision Support Systems, Fraud & Security Intelligence, Financial Intelligence, Customer Intelligence and Others) for Customer & Channel, Sales and Marketing, Finance & Risk and Other Applications : Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” report at http://www.marketresearchstore.com/report/predictive-analytics-market-z49499

The predictive analytics market is segmented on the basis delivery mode including cloud based and predictive on-premises installation. Cloud based segment accounted for largest share of predictive analytics market in 2014. This segment is expected to witness significant growth in the years to come owing to increasing IT priorities among different enterprises over the past couples of years. This delivery mode has a much faster time to value which is a critical advantage for the approach.

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