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Predictive Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global predictive analytics market is expected to exhibit strong growth during 2021-2026. Predictive analytics stands for a branch of advanced analytics that predicts the likelihood of future events by analyzing historical and current data. It utilizes various statistical techniques to analyze data, such as data mining, machine learning, big data, and artificial intelligence. Predictive analytics helps in reducing financial risks, detecting frauds, improving marketing campaigns, enhancing business efficiency, and providing a better customer experience. As a result, it is widely adopted across diverse sectors, including telecom, IT, retail, healthcare, manufacturing, government, energy, transportation, media and entertainment, etc.

The rising trend of automation across several industries has propelled the adoption of predictive analytics to evaluate large data volumes and predict future scenarios with high revenue-generating potential. Furthermore, intensive business competition is also augmenting the demand for predictive insights to deploy robust business strategies and enhance decision-making in real-time. Additionally, the expanding e-commerce sector coupled with the rising inclination of online retailers towards customer analytics solutions, is further catalyzing the market growth. Predictive analytics in the e-commerce sector enables retailers to perform real-time analysis of consumer shopping behavior and provides numerous personalized experiences to improve customer retention. The increasing penetration of e-commerce platforms has also propelled the demand for enhanced logistics and warehousing services that deploy supply chain analytics on a real-time basis. Additionally, the rising digitalization levels in the BFSI sector to enhance numerous regulatory compliance processes, such as credit risk management, capital planning, and insurance risk management, are further augmenting the demand for predictive analytics. Apart from this, the increasing penetration of advanced technologies, such as AI, data mining, augmented and virtual reality, big data, machine learning, etc., is also bolstering the adoption of predictive analytics. In the coming years, the growing deployment of cloud-based predictive solutions providing faster data processing and enhanced flexibility in business operations is expected to drive the global market for predictive analytics.

The outbreak of the COVID-19 pandemic in early 2020, has positively influenced the market for predictive analytics. Several businesses are getting inclined towards predictive analytics to study the pandemic effect on consumer behavior, products and pricing, and supply chains, thereby creating workforce, production, and service-based business strategies, accordingly. Additionally, the healthcare sector is leveraging predictive analytics to evaluate pandemic risks, estimated number of infected cases, and potential impact on the resources. Looking forward, the global predictive analytics market is expected to grow at a CAGR of 24.5% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global predictive analytics market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, business function, solution, service, deployment, organization size and end use industry.

Breakup by Business Function:

  • Marketing
  • Sales
  • Finance
  • Human Resource
  • Operations
  • Others
     

Breakup by Solution:

  • Customer Analytics
  • Financial Analytics
  • Marketing and Sales Analytics
  • Network Analytics
  • Risk Analytics
  • Supply Chain Analytics
  • Web and Social Media Analytics
  • Operations Management
  • Workforce Management
  • Others
     

Breakup by Service:

  • Deployment/Installation
  • Training and Consulting
  • Support and Maintenance
     

Breakup by Deployment:

  • Cloud-based
  • On-premises
     

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises
     

Breakup by End Use Industry:

  • Banking, Financial Services and Insurance
  • Telecommunication and IT
  • Retail and E-Commerce
  • Healthcare and Life Science
  • Manufacturing
  • Government and Defense
  • Energy and Utility
  • Transport and Logistics
  • Media and Entertainment
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being International Business Machines Corporation, Oracle Corporation, SAP SE, Microsoft Corporation, SAS Institute Inc., Fair Isaac Corporation (FICO), NTT Data Corporation (Nippon Telegraph and Telephone CORPORATION), Tableau Software LLC (Salesforce.com.Inc), Tibco Software Inc., RapidMiner Inc. and Altair Engineering Inc.

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Predictive Analytics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Business Function
    6.1    Marketing
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Sales 
        6.2.1 Market Trend
        6.2.2 Market Forecast
    6.3    Finance 
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Human Resource 
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Operations 
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others 
        6.6.1 Market Trend
        6.6.2 Market Forecast
7   Market Breakup by Solution
    7.1    Customer Analytics 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Financial Analytics  
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Marketing and Sales Analytics 
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Network Analytics  
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Risk Analytics 
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Supply Chain Analytics  
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Web and Social Media Analytics 
        7.7.1 Market Trends
        7.7.2 Market Forecast
    7.8    Operations Management  
        7.8.1 Market Trends
        7.8.2 Market Forecast
    7.9    Workforce Management 
        7.9.1 Market Trends
        7.9.2 Market Forecast
    7.10    Others  
        7.10.1 Market Trends
        7.10.2 Market Forecast
8   Market Breakup by Service
    8.1    Deployment/Installation 
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Training and Consulting 
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Support and Maintenance  
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Deployment
    9.1    Cloud-Based 
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    On-Premises 
        9.2.1 Market Trends
        9.2.2 Market Forecast  
10  Market Breakup by Organization Size
    10.1    Small and Medium Enterprises 
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Large Enterprises 
        10.2.1 Market Trends
        10.2.2 Market Forecast
11  Market Breakup by End Use Industry
    11.1    Banking, Financial Services and Insurance 
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Telecommunication and IT  
        11.2.1 Market Trends
        11.2.2 Market Forecast
    11.3    Retail and E- Commerce 
        11.3.1 Market Trends
        11.3.2 Market Forecast
    11.4    Healthcare and Life Science  
        11.4.1 Market Trends
        11.4.2 Market Forecast
    11.5    Manufacturing  
        11.5.1 Market Trends
        11.5.2 Market Forecast
    11.6    Government and Defense  
        11.6.1 Market Trends
        11.6.2 Market Forecast
    11.7    Energy and Utility  
        11.7.1 Market Trends
        11.7.2 Market Forecast
    11.8    Transport and Logistics  
        11.8.1 Market Trends
        11.8.2 Market Forecast
    11.9    Media and Entertainment  
        11.9.1 Market Trends
        11.9.2 Market Forecast
    11.10    Others  
        11.10.1 Market Trends
        11.10.2 Market Forecast
12  Market Breakup by Region
    12.1    North America
        12.1.1 United States
           12.1.1.1 Market Trends
           12.1.1.2 Market Forecast
        12.1.2 Canada
           12.1.2.1 Market Trends
           12.1.2.2 Market Forecast
    12.2    Asia Pacific
        12.2.1 China
           12.2.1.1 Market Trends
           12.2.1.2 Market Forecast
        12.2.2 Japan
           12.2.2.1 Market Trends
           12.2.2.2 Market Forecast
        12.2.3 India
           12.2.3.1 Market Trends
           12.2.3.2 Market Forecast
        12.2.4 South Korea
           12.2.4.1 Market Trends
           12.2.4.2 Market Forecast
        12.2.5 Australia
           12.2.5.1 Market Trends
           12.2.5.2 Market Forecast
        12.2.6 Indonesia
           12.2.6.1 Market Trends
           12.2.6.2 Market Forecast
        12.2.7 Others
           12.2.7.1 Market Trends
           12.2.7.2 Market Forecast
    12.3    Europe
        12.3.1 Germany
           12.3.1.1 Market Trends
           12.3.1.2 Market Forecast
        12.3.2 France
           12.3.2.1 Market Trends
           12.3.2.2 Market Forecast
        12.3.3 United Kingdom
           12.3.3.1 Market Trends
           12.3.3.2 Market Forecast
        12.3.4 Italy
           12.3.4.1 Market Trends
           12.3.4.2 Market Forecast
        12.3.5 Spain
           12.3.5.1 Market Trends
           12.3.5.2 Market Forecast
        12.3.6 Russia
           12.3.6.1 Market Trends
           12.3.6.2 Market Forecast
        12.3.7 Others
           12.3.7.1 Market Trends
           12.3.7.2 Market Forecast
    12.4    Latin America
        12.4.1 Brazil
           12.4.1.1 Market Trends
           12.4.1.2 Market Forecast
        12.4.2 Mexico
           12.4.2.1 Market Trends
           12.4.2.2 Market Forecast
        12.4.3 Others
           12.4.3.1 Market Trends
           12.4.3.2 Market Forecast
    12.5    Middle East and Africa
        12.5.1 Market Trends
        12.5.2 Market Breakup by Country
        12.5.3 Market Forecast
13  SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats
14  Value Chain Analysis
15  Porters Five Forces Analysis
    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    International Business Machines Corporation
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 Financials
           16.3.1.4 SWOT Analysis
        16.3.2    Oracle Corporation
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    SAP SE
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Microsoft Corporation
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    SAS Institute Inc.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 SWOT Analysis
        16.3.6    Fair Isaac Corporation (FICO)
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    NTT Data Corporation (Nippon Telegraph and Telephone Corporation)
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio 
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Tableau Software LLC (Salesforce.com.Inc)
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Tibco Software Inc.
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio 
           16.3.9.3 SWOT Analysis
        16.3.10   RapidMiner Inc.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
        16.3.11    Altair Engineering Inc.
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials

List of Figures

Figure 1: Global: Predictive Analytics Market: Major Drivers and Challenges
Figure 2: Global: Predictive Analytics Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Predictive Analytics Market: Breakup by Business Function (in %), 2020
Figure 4: Global: Predictive Analytics Market: Breakup by Solution (in %), 2020
Figure 5: Global: Predictive Analytics Market: Breakup by Service (in %), 2020
Figure 6: Global: Predictive Analytics Market: Breakup by Deployment (in %), 2020
Figure 7: Global: Predictive Analytics Market: Breakup by Organization Size (in %), 2020
Figure 8: Global: Predictive Analytics Market: Breakup by End Use Industry (in %), 2020
Figure 9: Global: Predictive Analytics Market: Breakup by Region (in %), 2020
Figure 10: Global: Predictive Analytics Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 11: Global: Predictive Analytics (Marketing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Predictive Analytics (Marketing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Predictive Analytics (Sales) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Predictive Analytics (Sales) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Predictive Analytics (Finance) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Predictive Analytics (Finance) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Predictive Analytics (Human Resource) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Predictive Analytics (Human Resource) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Predictive Analytics (Operations) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Predictive Analytics (Operations) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Predictive Analytics (Other Business Functions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Predictive Analytics (Other Business Functions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Predictive Analytics (Customer Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Predictive Analytics (Customer Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Predictive Analytics (Financial Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Predictive Analytics (Financial Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Predictive Analytics (Marketing and Sales Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Predictive Analytics (Marketing and Sales Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Predictive Analytics (Network Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Predictive Analytics (Network Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Predictive Analytics (Risk Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Predictive Analytics (Risk Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Predictive Analytics (Supply Chain Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Predictive Analytics (Supply Chain Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Predictive Analytics (Web and Social Media Analytics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Predictive Analytics (Web and Social Media Analytics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Predictive Analytics (Operations Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Predictive Analytics (Operations Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Predictive Analytics (Workforce Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Predictive Analytics (Workforce Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Predictive Analytics (Other Solutions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Predictive Analytics (Other Solutions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Global: Predictive Analytics (Deployment/Installation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Global: Predictive Analytics (Deployment/Installation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Global: Predictive Analytics (Training and Consulting) Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Global: Predictive Analytics (Training and Consulting) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Global: Predictive Analytics (Support and Maintenance) Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Global: Predictive Analytics (Support and Maintenance) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Global: Predictive Analytics (Cloud-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Global: Predictive Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Global: Predictive Analytics (On-premises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Global: Predictive Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Global: Predictive Analytics (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Global: Predictive Analytics (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Global: Predictive Analytics (Large Enterprises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Global: Predictive Analytics (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Global: Predictive Analytics (Banking, Financial Services and Insurance) Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Global: Predictive Analytics (Banking, Financial Services and Insurance) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Global: Predictive Analytics (Telecommunication and IT) Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Global: Predictive Analytics (Telecommunication and IT) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Global: Predictive Analytics (Retail and E-Commerce) Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Global: Predictive Analytics (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Global: Predictive Analytics (Healthcare and Life Science) Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Global: Predictive Analytics (Healthcare and Life Science) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Global: Predictive Analytics (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Global: Predictive Analytics (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Global: Predictive Analytics (Government and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Global: Predictive Analytics (Government and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Global: Predictive Analytics (Energy and Utility) Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Global: Predictive Analytics (Energy and Utility) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Global: Predictive Analytics (Transport and Logistics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Global: Predictive Analytics (Transport and Logistics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Global: Predictive Analytics (Media and Entertainment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Global: Predictive Analytics (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Global: Predictive Analytics (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Global: Predictive Analytics (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: North America: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: North America: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: United States: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: United States: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Canada: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Canada: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Asia Pacific: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Asia Pacific: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: China: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: China: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Japan: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Japan: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: India: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: India: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 91: South Korea: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 92: South Korea: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 93: Australia: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 94: Australia: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 95: Indonesia: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 96: Indonesia: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 97: Others: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 98: Others: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 99: Europe: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 100: Europe: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 101: Germany: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 102: Germany: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 103: France: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 104: France: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 105: United Kingdom: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 106: United Kingdom: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 107: Italy: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 108: Italy: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 109: Spain: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 110: Spain: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 111: Russia: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 112: Russia: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 113: Others: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 114: Others: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 115: Latin America: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 116: Latin America: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 117: Brazil: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 118: Brazil: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 119: Mexico: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 120: Mexico: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 121: Others: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 122: Others: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 123: Middle East and Africa: Predictive Analytics Market: Sales Value (in Million US$), 2015 & 2020
Figure 124: Middle East and Africa: Predictive Analytics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 125: Global: Predictive Analytics Industry: SWOT Analysis
Figure 126: Global: Predictive Analytics Industry: Value Chain Analysis
Figure 127: Global: Predictive Analytics Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Predictive Analytics Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Predictive Analytics Market Forecast: Breakup by Business Function (in Million US$), 2021-2026    
Table 3: Global: Predictive Analytics Market Forecast: Breakup by Solution (in Million US$), 2021-2026    
Table 4: Global: Predictive Analytics Market Forecast: Breakup by Service (in Million US$), 2021-2026    
Table 5: Global: Predictive Analytics Market Forecast: Breakup by Deployment (in Million US$), 2021-2026    
Table 6: Global: Predictive Analytics Market Forecast: Breakup by Organization Size (in Million US$), 2021-2026    
Table 7: Global: Predictive Analytics Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026    
Table 8: Global: Predictive Analytics Market Forecast: Breakup by Region (in Million US$), 2021-2026    
Table 9: Global: Predictive Analytics Market: Competitive Structure    
Table 10: Global: Predictive Analytics Market: Key Players

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Key Question Answered in this Report

We expect the global predictive analytics market to exhibit a CAGR of 24.5% during 2021-2026.

The rising adoption of predictive analytics across several industrial verticals to evaluate large data volumes and predict future scenarios with high revenue-generating potential represents one of the key factors driving the global predictive analytics market.

Sudden outbreak of the COVID-19 pandemic has led to an increase in the usage of predictive analytics to study the pandemic effect on consumer behavior, products and pricing, supply chains, etc., across diverse industry verticals. Additionally, it is being deployed in the healthcare sector to evaluate pandemic risks, estimated number of infected cases, and potential impact on the resources.

Based on the solution, the global predictive analytics market can be segmented into customer analytics, financial analytics, marketing and sales analytics, network analytics, risk analytics, supply chain analytics, web and social media analytics, operations management, workforce management, and others. Among these, risk analytics account for the majority of the total market share.

Based on the deployment, the global predictive analytics market has been bifurcated into cloud-based and on-premises. Currently, on-premises exhibit a clear dominance in the market.

Based on the organization size, the global predictive analytics market can be divided into small and medium enterprises, and large enterprises. Among these, large enterprises represent the largest segment.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market. 

Some of the major players in the global predictive analytics market include International Business Machines Corporation, Oracle Corporation, SAP SE, Microsoft Corporation, SAS Institute Inc., Fair Isaac Corporation (FICO), NTT Data Corporation (Nippon Telegraph and Telephone CORPORATION), Tableau Software LLC (Salesforce.com.Inc), Tibco Software Inc., RapidMiner Inc., and Altair Engineering Inc.

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