Predictive Analytics
Global Predictive Analytics Market to Reach $22.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Predictive Analytics estimated at US$6.6 Billion in the year 2020, is projected to reach a revised size of US$22.2 Billion by 2027, growing at aCAGR of 19% over the period 2020-2027. Service, one of the segments analyzed in the report, is projected to record 21.5% CAGR and reach US$11 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solution segment is readjusted to a revised 16.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 18.6% CAGR
The Predictive Analytics market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2027 trailing a CAGR of 18.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.8% and 16% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR.We bring years of research experience to this 15th edition of our report. The 238-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Altair Engineering, Inc.
- FICO (Fair Isaac Corporation)
- IBM Corporation
- Microsoft Corporation
- NTT DATA Corporation
- Oracle Corporation
- RapidMiner, Inc.
- SAP SE
- SAS Institute, Inc.
- Tableau Software, Inc.
- Tibco Software, Inc.
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- I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
- II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Global Competitor Market Shares
- Predictive Analytics Competitor Market Share Scenario Worldwide (in %): 2019 & 2028
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Predictive Analytics Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Predictive Analytics Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
- TABLE 3: Service (Type) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 4: Service (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
- TABLE 5: Solution (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- TABLE 6: Solution (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
- TABLE 7: On-Premises (Deployment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
- TABLE 8: On-Premises (Deployment) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
- TABLE 9: Cloud (Deployment) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
- TABLE 10: Cloud (Deployment) Market Share Breakdown by Region/Country: 2020 VS 2027
- TABLE 11: Retail & eCommerce (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 12: Retail & eCommerce (Vertical) Distribution of Global Sales by Region/Country: 2020 VS 2027
- TABLE 13: Government & Defense (Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
- TABLE 14: Government & Defense (Vertical) Global Market Share Distribution by Region/Country for 2020 and 2027
- TABLE 15: Healthcare & Life Sciences (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- TABLE 16: Healthcare & Life Sciences (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
- TABLE 17: Telecommunication &IT (Vertical) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- TABLE 18: Telecommunication &IT (Vertical) Market Share Shift across Key Geographies: 2020 VS 2027
- TABLE 19: Transportation & Logistics (Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 20: Transportation & Logistics (Vertical) Market Share Breakdown by Region/Country: 2020 VS 2027
- TABLE 21: BFSI (Vertical) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- TABLE 22: BFSI (Vertical) Share Breakdown Review by Region/Country: 2020 VS 2027
- TABLE 23: Other Verticals (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 24: Other Verticals (Vertical) Distribution of Global Sales by Region/Country: 2020 VS 2027
- III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Predictive Analytics Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 25: United States Predictive Analytics Market Estimates and Projections in US$ Million by Type: 2020 to 2027
- TABLE 26: United States Predictive Analytics Market Share Breakdown by Type: 2020 VS 2027
- TABLE 27: Predictive Analytics Market in US$ Million in the United States by Deployment: 2020-2027
- TABLE 28: United States Predictive Analytics Market Share Breakdown by Deployment: 2020 VS 2027
- TABLE 29: United States Predictive Analytics Latent Demand Forecasts in US$ Million by Vertical: 2020 to 2027
- TABLE 30: Predictive Analytics Market Share Breakdown in the United States by Vertical: 2020 VS 2027
- CANADA
- TABLE 31: Canadian Predictive Analytics Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
- TABLE 32: Predictive Analytics Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027
- TABLE 33: Predictive Analytics Market Analysis in Canada in US$ Million by Deployment: 2020-2027
- TABLE 34: Canadian Predictive Analytics Market Share Breakdown by Deployment: 2020 VS 2027
- TABLE 35: Canadian Predictive Analytics Market Quantitative Demand Analysis in US$ Million by Vertical: 2020 to 2027
- TABLE 36: Canadian Predictive Analytics Market Share Analysis by Vertical: 2020 VS 2027
- JAPAN
- TABLE 37: Japanese Market for Predictive Analytics: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
- TABLE 38: Japanese Predictive Analytics Market Share Analysis by Type: 2020 VS 2027
- TABLE 39: Japanese Medium & Long-Term Outlook for Predictive Analytics Market in US$ Million by Deployment: 2020-2027
- TABLE 40: Japanese Predictive Analytics Market Percentage Share Distribution by Deployment: 2020 VS 2027
- TABLE 41: Japanese Demand Estimates and Forecasts for Predictive Analytics in US$ Million by Vertical: 2020 to 2027
- TABLE 42: Predictive Analytics Market Share Shift in Japan by Vertical: 2020 VS 2027
- CHINA
- TABLE 43: Chinese Predictive Analytics Market Growth Prospects in US$ Million by Type for the Period 2020-2027
- TABLE 44: Chinese Predictive Analytics Market by Type: Percentage Breakdown of Sales for 2020 and 2027
- TABLE 45: Predictive Analytics Market Estimates and Forecasts in China in US$ Million by Deployment: 2020-2027
- TABLE 46: Predictive Analytics Market in China: Percentage Share Analysis by Deployment for 2020 and 2027
- TABLE 47: Chinese Demand for Predictive Analytics in US$ Million by Vertical: 2020 to 2027
- TABLE 48: Chinese Predictive Analytics Market Share Breakdown by Vertical: 2020 VS 2027
- EUROPE
- Market Facts & Figures
- European Predictive Analytics Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 49: European Predictive Analytics Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 50: European Predictive Analytics Market Share Shift by Region/Country: 2020 VS 2027
- TABLE 51: European Predictive Analytics Market Estimates and Forecasts in US$ Million by Type: 2020-2027
- TABLE 52: European Predictive Analytics Market Share Breakdown by Type: 2020 VS 2027
- TABLE 53: European Predictive Analytics Market Assessment in US$ Million by Deployment: 2020-2027
- TABLE 54: Predictive Analytics Market in Europe: Percentage Breakdown of Sales by Deployment for 2020 and 2027
- TABLE 55: European Predictive Analytics Addressable Market Opportunity in US$ Million by Vertical: 2020-2027
- TABLE 56: European Predictive Analytics Market Share Analysis by Vertical: 2020 VS 2027
- FRANCE
- TABLE 57: Predictive Analytics Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 58: French Predictive Analytics Market Share Analysis by Type: 2020 VS 2027
- TABLE 59: French Predictive Analytics Market Estimates and Projections in US$ Million by Deployment: 2020-2027
- TABLE 60: French Predictive Analytics Market Share Breakdown by Deployment: 2020 VS 2027
- TABLE 61: Predictive Analytics Quantitative Demand Analysis in France in US$ Million by Vertical: 2020-2027
- TABLE 62: French Predictive Analytics Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027
- GERMANY
- TABLE 63: Predictive Analytics Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
- TABLE 64: German Predictive Analytics Market Share Breakdown by Type: 2020 VS 2027
- TABLE 65: German Predictive Analytics Latent Demand Forecasts in US$ Million by Deployment: 2020-2027
- TABLE 66: German Predictive Analytics Market Share Breakdown by Deployment: 2020 VS 2027
- TABLE 67: Predictive Analytics Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Vertical for the Period 2020-2027
- TABLE 68: Predictive Analytics Market Share Distribution in Germany by Vertical: 2020 VS 2027
- ITALY
- TABLE 69: Italian Predictive Analytics Market Growth Prospects in US$ Million by Type for the Period 2020-2027
- TABLE 70: Italian Predictive Analytics Market by Type: Percentage Breakdown of Sales for 2020 and 2027
- TABLE 71: Predictive Analytics Market Estimates and Forecasts in Italy in US$ Million by Deployment: 2020-2027
- TABLE 72: Predictive Analytics Market in Italy: Percentage Share Analysis by Deployment for 2020 and 2027
- TABLE 73: Italian Demand for Predictive Analytics in US$ Million by Vertical: 2020 to 2027
- TABLE 74: Italian Predictive Analytics Market Share Breakdown by Vertical: 2020 VS 2027
- UNITED KINGDOM
- TABLE 75: United Kingdom Market for Predictive Analytics: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
- TABLE 76: United Kingdom Predictive Analytics Market Share Analysis by Type: 2020 VS 2027
- TABLE 77: United Kingdom Medium & Long-Term Outlook for Predictive Analytics Market in US$ Million by Deployment: 2020-2027
- TABLE 78: United Kingdom Predictive Analytics Market Percentage Share Distribution by Deployment: 2020 VS 2027
- TABLE 79: United Kingdom Demand Estimates and Forecasts for Predictive Analytics in US$ Million by Vertical: 2020 to 2027
- TABLE 80: Predictive Analytics Market Share Shift in the United Kingdom by Vertical: 2020 VS 2027
- REST OF EUROPE
- TABLE 81: Rest of Europe Predictive Analytics Market Estimates and Forecasts in US$ Million by Type: 2020-2027
- TABLE 82: Rest of Europe Predictive Analytics Market Share Breakdown by Type: 2020 VS 2027
- TABLE 83: Rest of Europe Predictive Analytics Market Assessment in US$ Million by Deployment: 2020-2027
- TABLE 84: Predictive Analytics Market in Rest of Europe: Percentage Breakdown of Sales by Deployment for 2020 and 2027
- TABLE 85: Rest of Europe Predictive Analytics Addressable Market Opportunity in US$ Million by Vertical: 2020-2027
- TABLE 86: Rest of Europe Predictive Analytics Market Share Analysis by Vertical: 2020 VS 2027
- ASIA-PACIFIC
- TABLE 87: Predictive Analytics Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 88: Asia-Pacific Predictive Analytics Market Share Analysis by Type: 2020 VS 2027
- TABLE 89: Asia-Pacific Predictive Analytics Market Estimates and Projections in US$ Million by Deployment: 2020-2027
- TABLE 90: Asia-Pacific Predictive Analytics Historic Market Analysis in US$ Million by Deployment: 2020 VS 2027
- TABLE 91: Predictive Analytics Quantitative Demand Analysis in Asia-Pacific in US$ Million by Vertical: 2020-2027
- TABLE 92: Asia-Pacific Predictive Analytics Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027
- REST OF WORLD
- TABLE 93: Rest of World Predictive Analytics Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
- TABLE 94: Predictive Analytics Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2020 and 2027
- TABLE 95: Predictive Analytics Market Analysis in Rest of World in US$ Million by Deployment: 2020-2027
- TABLE 96: Rest of World Predictive Analytics Market Share Breakdown by Deployment: 2020 VS 2027
- TABLE 97: Rest of World Predictive Analytics Market Quantitative Demand Analysis in US$ Million by Vertical: 2020 to 2027
- TABLE 98: Rest of World Predictive Analytics Market Share Analysis by Vertical: 2020 VS 2027
- IV. COMPETITION
- Total Companies Profiled: 102