European Predictive Analytics market report defines and segments the Predictive Analytics market in Europe with analysis and forecast of revenue. This market was valued at $602.4million in 2013, and is expected to grow at a CAGR of 28.4% from 2014 to 2019.
Europe Predictive Analytics Market is Expected to Reach a Value of $2,106.8 Million by 2019
1. Worldâs 1st
Real Time Market Intelligence
Europe Predictive Analytics Market is Expected to
Reach $2,106.8 Million by 2019
MicroMarket Monitor
Forecasts
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
2. The report âEurope Predictive Analytics Market by Application
(Customer Analytics, Marketing Analytics, Operation &
Workforce Management, Risk Analytics, Fraud Analytics,
Network Analytics), by Vertical (BFSI, Consumer Goods &
Retail, Environment & Government) - Analysis & Forecast to
2019â defines and segments the predictive analytics market
with an analysis and forecast on the basis of revenue. This
market was estimated to be $670.5 million in 2014 and is
expected to reach $2,106.8 million by 2019, at a CAGR of 25.7%
from 2014 to 2019.
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
3. Predictive analytics uses clustering, text mining, regression
modelling, statistical analysis, data exploration techniques and
rule induction to find out relation between historical and present
data.
These techniques are implemented to find out the relation that is
hidden and complex. After finding out the relation, predictions are
made regarding the market trends and possible ups and downs.
Predictive analytics is used in Banking, Financial Services &
Insurance (BFSI), consumer goods & retail, healthcare,
environment & government, transportation & logistics, media &
entertainment, telecommunication & IT and other verticals.
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4. Browse through the market data tables, figures and detailed
ToC on the âEurope Predictive Analytics Marketâ.
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5. The BFSI vertical has the maximum application of predictive
analytics followed by consumer goods & retail and environment
& government. The increasing importance of predictive
analytics has forced many of the leading companies in
predictive analytics to take actionable steps to further increase
their market share.
For example, SAP acquired KXEN, one of the leading providers
of predictive analytics to increase its market share. Similarly,
Teradata acquired Think Big Analytics to increase its market
share. Thus, it is evident that companies have started to realize
the importance of predictive analytics.
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
6. Key players in the Europe Predictive Analytics Market include â
â˘IBM Corporation
â˘Oracle Corp
â˘SAS institute, Inc.
â˘SAP SE
â˘Teradata Corporation
â˘Microstrategy Inc
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7. North America Predictive Analytics Market
⢠The North America predictive analytics market was valued at
$761.3 million and is expected to reach $2,276.4 million by
2019 at a CAGR of 24.5%. The major driver for this growth is the
amount of unstructured data present in the ecosystem. The
high volume of unstructured data needs proper analysis for use
and for that predictive analytics is used. Furthermore, the user
friendly nature of the technique and the technological
advancements in the market also fuel the growth of this
technique.
⢠http://www.micromarketmonitor.com/market/north-america-predic
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
8. U.S. Predictive Analytics Market
⢠The United States predictive analytics market is expected to
grow from $543.1 million in 2014 to $1,549.5 million in 2019 at
an estimated CAGR of 23.3% during the forecast period. The use
of new technologies is one of the driving factor drivers of this
market.
⢠United States has the largest market share in the predictive
analytics market and is expected to boom in the near future. In
todayâs dynamic world, we are seeing developments such as
increasing usage of computing technology, mobile devices, social
media, broadband network, and analytics technology.
⢠http://www.micromarketmonitor.com/market/u-s-predictive-analyti
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
9. United Kingdom Predictive Analytics Market
⢠The United Kingdom predictive analytics market is expected to
grow from $171.1 million in 2014 to $487.5 million by 2019, at a
CAGR of 23.3% during the forecast period. The drivers of this
market include huge data deluge and product usability for
experts and non-experts. The U.K. market is growing steadily due
to the analysis of high volume data, the velocity of data growth,
and the variety of data used for effective business decisions.
Real-time data is important for verticals such as BFSI and
healthcare, among others, for the efficient processing of
unstructured data.
⢠http://www.micromarketmonitor.com/market/united-kingdom-pred
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
10. Latin America - Brazil Predictive Analytics Market
⢠The Brazilian predictive analytics market is expected to grow
from $22.0 million in 2014 to $134.6 million in 2019 at a CAGR
of 42.4% during the forecast period. Utility in multiple verticals
is one of the main drivers of this market.
⢠Brazil is a potential market for the implementation of predictive
analytics solutions due to its usage in various growing verticals
such as BFSI, healthcare, manufacturing, and others.
⢠http://www.micromarketmonitor.com/market/latin-america-
brazil-predictive-analytics-4796563524.html
http://www.pitchengine.com/pitches/438a1c78-70d6-421f-adce-abc6ea4f121a
11. Middle East and Africa Enterprise Governance, Risk, and
Compliance Market
⢠Corporate Governance and risk management are the two main
factors which drive the Middle East and African EGRC market.
The EGRC solutions and services are used in the companies to
manage the various resources in an effective manner.
⢠Organizational control can be done better way with the usage
of such tools.
⢠The Middle East and African EGRC Market is expected to grow
$594.9 million from 2013 to $1,057.1 million by 2018, at a
CAGR of 13.20%, for the given period.
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12. About MicroMarket Monitor
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side company data. The Report Plots all the dependent cascaded market with
their growth/slow down indicators, which influences revenues of the targeted
market. The report provides you competitive landscape, competitive profile
along with the competitive SWOT analysis. The report also provides Customer
landscape identifying the top customers for the target market. It plots market
landscape of the technologies, ingredients, vendors servicing the target market
including the cannibalization of the prevailing technologies/products.
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