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According to IMARC Groups latest report, titled Predictive Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, the global predictive analytics market exhibited double-digit growth rates during 2014-2019. Looking forward, IMARC Group expects the global market to continue its double-digit growth by 2025.

The growing trend of industrial automation trends has led to the widespread adoption of predictive analytics to analyze large volumes of data and high revenue-generating opportunities. Furthermore, the increasing need for robust business strategies and improved decision-making in real-time is also augmenting the demand for predictive analytics across various organizations. Additionally, the rising penetration of customer analytics solutions in the e-commerce sector for real-time analysis of consumer shopping patterns, and supply chain analytics for improved logistics and warehousing services, is also bolstering the market growth. Moreover, the growing digitization to upgrade regulatory compliance processes, such as capital planning and insurance and credit risk management in the BFSI sector, is further propelling the demand for predictive analytics. Furthermore, the increasing utilization of cloud-based predictive solutions in business operations and integration of advanced technologies, such as data mining, AI, virtual reality, big data, etc., will continue to drive the market for predictive analytics in the coming years.

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Predictive analytics refers to the subset of advanced analytics designed to predict the likelihood of future events by observing historical and current data. It analyzes data using several statistical techniques, such as big data, machine learning and data mining. Predictive analytics assists in improving marketing campaigns, reducing financial risks, detecting frauds, enhancing business efficiency, and optimizing customer experiences.

Global Predictive Analytics Market Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the predictive analytics market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

The report has segmented the globalpredictive analytics marketon the basis of business function, solution, service, deployment, organization size, end use industry and region.

Breakup by Business Function:

Breakup by Solution:

Breakup by Service:

Breakup by Deployment:

Breakup by Organization Size:

Breakup by End Use Industry:

Breakup by Region:

Explore full report with table of contents:https://www.imarcgroup.com/predictive-analytics-market

Key highlights of the report:

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Contact US:IMARC Group30 N Gould St, Ste RSheridan, WY 82801, USAEmail: [emailprotected]Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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Predictive Analytics Market Report With Industry Trends, Growth, Demand, Top Companies Share, Structure and Scope Forecast to 2025 KSU | The Sentinel...