Predictive Analytics Market worth $5.24 Billion by 2018

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MarketsandMarkets Presents
Predictive Analytics Market Predict Up to 5.24
Billion by 2018
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edictive-analytics-market-1181.html
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The report "Predictive Analytics Market (Fraud,
Risk, Marketing, Operations), Verticals (BFSI,
Healthcare, Environment, Government, Retail,
Energy, Manufacturing, Transportation, Travel,
Telecom, Sports) Worldwide Market Forecasts and
Analysis (2013 2018)", defines and segments the
predictive analytics software market into various
sub-segments with in-depth analysis and
forecasting of revenues. It also identifies
drivers and restraints for this market with
insights on trends, opportunities, and
challenges. Browse 182 market data tables
and 53 figures spread through 406 pages and
in-depth TOC on Predictive Analytics Market
(Fraud, Risk, Marketing, Operations), Verticals
(BFSI, Healthcare, Environment, Government,
Retail, Energy, Manufacturing, Transportation,
Travel, Telecom, Sports) Worldwide Market
Forecasts and Analysis (2013 2018)".http//www
.marketsandmarkets.com/Market-Reports/predictive-a
nalytics-market-1181.htmlEarly buyers will
receive 10 customization on reports.
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Global predictive analytics market is driving on
the emergence of massive amount of data deluge
and innovative technology implementations.
Business enterprises focus has changed from
traditional Business Intelligence (BI) solutions
to predictive analytics, because they have
understood the importance of data and its
analysis for the future estimation. Traditional
BI solutions are striving to sustain in this
highly competitive world. The transformation of
BI to predictive analytics gives new
opportunities to the big players as well as new
startups in this market.  MarketsandMarkets has
broadly segmented the predictive analytics market
by verticals banking and financial services,
insurance, healthcare, environment and
government, consumer goods and retail,
manufacturing, transportation and logistics,
travel and hospitality, telecommunication and
Information Technology (IT), media and
entertainment, sports, energy utilities, oil
gas, and others. Each vertical has been further
segmented into various applications. By Regions
North America (NA), Europe (EU), Latin America
(LA), Asia Pacific (APAC), and Middle East and
Africa (MEA).
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edictive-analytics-market-1181.html
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The Global big data market is estimated to be
14.87 billion in 2013 and expected to grow to
46.34 billion. This represents an estimated
Compounded Annual Growth Rate (CAGR) of 25.52
from 2013 to 2018. In the current scenario, the
services segment continues to be the largest
segment, in terms of consulting and integration
deployment services. The software segment is
expected to grow at an estimated Compounded
Annual Growth Rate (CAGR) of 28.7. In terms of
Regions, North America is expected to be the
biggest market on the basis of revenue and
adoption of big data technology solutions.
MarketsandMarkets further expects that the
increasing big data market in the developing
economies will further enhance the growth of
overall market. Marketsandmarkets believes that
the lack of awareness about predictive analytics
and time consuming process are major issues in
the predictive analytics market. These challenges
are restraining the enterprises to implement
predictive analytics solutions in their business
process.
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edictive-analytics-market-1181.html
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The predictive analytics market is estimated to
grow from 1.70 billion in 2013 to 5.24 billion
in 2018 at a CAGR of 25.2 from 2013 to 2018. In
terms of regions, North America (NA) is expected
to be the biggest market in terms of revenue
contribution, while emerging economies such as
Asia Pacific (APAC), Middle East and Africa
(MEA), and Latin America (LA) are expected to
experience increased market traction with high
CAGRs, in the due course.
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edictive-analytics-market-1181.html
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