Predictive Analytics Market worth $5.24 Billion by 2018

1. MarketsandMarkets Presents Predictive Analytics Market Predict Up to $5.24 Billion by 2018 http://www.marketsandmarkets.com/Market-Reports/predictive-analytics-market-1181.html

2. 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-analytics-market-1181.htmlEarly buyers will receive 10% customization on reports.

3. 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). http://www.marketsandmarkets.com/Market-Reports/predictive-analytics-market-1181.html

4. 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. http://www.marketsandmarkets.com/Market-Reports/predictive-analytics-market-1181.html

5. 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. http://www.marketsandmarkets.com/Market-Reports/predictive-analytics-market-1181.html

6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/predictive-analytics-market-1181.html

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