Predictive Analytics Market: 27% CAGR Forecast to 2020 with North America Leading Revenue Generation

Dec 09, 2015, 21:00 ET from RnR Market Research

PUNE, India, December 10, 2015 /PRNewswire/ --

Global predictive analytics market is forecast to grow at 27.4% CAGR for next few years because of transition from traditional Business Intelligence (BI) techniques to advanced analytics techniques and massive surge of structured and unstructured data.

Complete report on predictive analytics market spread across 158 pages, profiling 10 companies and supported with 97 tables and 49 figures is now available at .

Among business functions, human resource is expected to witness the highest growth rate. Network management is expected to witness the highest CAGR during from 2015 to 2020 among applications.  The North American region is expected to continue being the largest revenue generator region for predictive analytics vendors for the next five years, followed by Europe.

The study validates the market size of segments and sub-segments through secondary research and in-depth primary interviews. Various industry leaders in Tier 1, Tier 2, and Tier 3 companies were contacted for primary interviews. The in-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the predictive analytics marketplace.

In the process of determining and verifying the global market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (30%), Tier 2 (40%), and Tier 3 (30%) companies. The interviews were conducted with various key people such as C-level (72%), Director Level (14%) operating in the photolithography equipment market. The primary interviews were conducted worldwide covering regions such as North America (57%), Europe (14%) and APAC (29%).

The report includes the study of key players offering predictive analytics solutions and services: SAS Institute (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), FICO (U.S.), Oracle Corporation (U.S.), Tibco Software (U.S.), Alteryx (U.S.), Rapid Miner (U.S.) and Dell, Inc. (U.S.). Furthermore, the report also includes in-depth competitive analysis of the key players in the predictive analytics market, with their company profiles, SWOT analysis, recent developments, and key market strategies. Order a copy of

This report segments the market into various sub-segments, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different end users and regions. The report predictive analytics market 2020 also helps in understanding the overall growth of the market. It provides information on key market drivers, restraints, challenges, and opportunities.

Continuing with related market, another research report on Security Analytics Market Global Forecast to 2020 says, the security analytics market size is estimated to grow from USD 2.1 billion in 2015 to USD 7.1 billion by 2020, at an estimated CAGR of 27.6% from 2015 to 2020. Factors such as a rise in the sophistication level of security breaches, growing government regulations and standards for cyber security, and increasing adoption of cloud-based security solutions are driving the growth of the market. Companies such as Cisco Systems, IBM, HP, EMC RSA, Juniper Networks, FireEye, Arbor Networks, LogRhythm, Inc., Click Security, Blue Coat Systems have been profiled in this 135 pages research available at .

Explore more reports on Information Technology & Telecommunication at .

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